CF Industries (CF) Scheduled to Post Quarterly Earnings on Wednesday

CF Industries (NYSE:CF) will be issuing its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $1.45 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Thursday, February 15th. The basic materials company reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.56 by ($0.12). CF Industries had a net margin of 23.00% and a return on equity of 18.44%. The business had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the prior year, the business posted $4.35 EPS. CF Industries’s quarterly revenue was down 39.8% on a year-over-year basis. On average, analysts expect CF Industries to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

CF Industries Trading Down 0.3 %

NYSE CF opened at $78.55 on Wednesday. The stock’s 50-day simple moving average is $81.46 and its two-hundred day simple moving average is $79.67. CF Industries has a twelve month low of $60.08 and a twelve month high of $87.90. The company has a quick ratio of 3.44, a current ratio of 3.81 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $14.75 billion, a price-to-earnings ratio of 10.02, a PEG ratio of 2.26 and a beta of 1.03.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, May 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.55%. CF Industries’s payout ratio is 25.51%.

Insider Activity at CF Industries

In related news, EVP Bert A. Frost sold 6,000 shares of the business’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $85.00, for a total transaction of $510,000.00. Following the transaction, the executive vice president now owns 64,030 shares in the company, valued at approximately $5,442,550. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.48% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on CF shares. Bank of America restated a “neutral” rating and set a $88.00 price target (down previously from $96.00) on shares of CF Industries in a research report on Wednesday, April 10th. UBS Group downgraded CF Industries from a “buy” rating to a “neutral” rating and lowered their price target for the company from $95.00 to $83.00 in a research report on Wednesday, January 31st. Berenberg Bank raised their price target on CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a research report on Wednesday, April 17th. Wells Fargo & Company decreased their price objective on CF Industries from $98.00 to $97.00 and set an “overweight” rating on the stock in a report on Friday, February 16th. Finally, Wolfe Research assumed coverage on CF Industries in a report on Friday, March 1st. They issued an “outperform” rating and a $99.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $86.47.

CF Industries Company Profile

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.