CF Industries (CF) Upgraded to Buy by ValuEngine

CF Industries (NYSE:CF) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday.

CF has been the topic of a number of other reports. Credit Suisse Group set a $40.00 price objective on CF Industries and gave the company a “hold” rating in a research note on Tuesday, January 16th. Cowen restated a “market perform” rating and issued a $40.00 price objective (up from $33.00) on shares of CF Industries in a research note on Tuesday, February 20th. Zacks Investment Research cut CF Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, December 12th. JPMorgan Chase restated a “neutral” rating and issued a $40.00 price objective (up from $35.00) on shares of CF Industries in a research note on Tuesday, February 20th. Finally, Royal Bank of Canada set a $37.00 price objective on CF Industries and gave the company a “sell” rating in a research note on Thursday, February 15th. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $38.27.

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Shares of NYSE:CF traded down $1.11 during midday trading on Monday, reaching $36.62. The company had a trading volume of 3,022,755 shares, compared to its average volume of 3,393,981. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.05 and a current ratio of 2.53. The company has a market capitalization of $8,802.11, a P/E ratio of -146.48, a price-to-earnings-growth ratio of 7.00 and a beta of 1.10. CF Industries has a 52-week low of $25.04 and a 52-week high of $45.00.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, February 14th. The basic materials company reported ($0.02) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.06. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $988.91 million. CF Industries had a net margin of 8.67% and a negative return on equity of 0.92%. The firm’s quarterly revenue was up 26.8% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.39) EPS. research analysts predict that CF Industries will post 0.9 earnings per share for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the company. Tower Research Capital LLC TRC increased its position in shares of CF Industries by 451.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,157 shares of the basic materials company’s stock worth $134,000 after purchasing an additional 2,585 shares during the last quarter. Delphi Private Advisors LLC bought a new position in shares of CF Industries in the fourth quarter worth approximately $144,000. Stuart Chaussee & Associates Inc. bought a new position in shares of CF Industries in the fourth quarter worth approximately $144,000. CoreCommodity Management LLC bought a new position in shares of CF Industries in the fourth quarter worth approximately $153,000. Finally, Steward Partners Investment Advisory LLC bought a new position in shares of CF Industries in the third quarter worth approximately $183,000.

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About CF Industries

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, Other, and Phosphate segments. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate.

Analyst Recommendations for CF Industries (NYSE:CF)

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