The stock of CF Industries Holdings Inc (CF) has gone down by -7.82% for the week, with a -12.45% drop in the past month and a -2.09% drop in the past quarter. The volatility ratio for the week is 2.72%, and the volatility levels for the past 30 days are 2.47% for CF. The simple moving average for the past 20 days is -5.43% for CF’s stock, with a -6.74% simple moving average for the past 200 days.
Is It Worth Investing in CF Industries Holdings Inc (NYSE: CF) Right Now?
CF Industries Holdings Inc (NYSE: CF) has a higher price-to-earnings ratio of 12.37x compared to its average ratio. CF has 36-month beta value of 1.00. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 9 as “hold,” and 2 as “sell.”
The public float for CF is 181.56M, and currently, short sellers hold a 3.07% ratio of that float. The average trading volume of CF on May 07, 2024 was 2.65M shares.
CF) stock’s latest price update
CF Industries Holdings Inc (NYSE: CF)’s stock price has increased by 0.57 compared to its previous closing price of 74.09. However, the company has seen a -7.82% decrease in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-02 that CF Industries Holdings, Inc. (NYSE:CF ) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Martin Jarosick – IR Tony Will – CEO Chris Bohn – EVP and COO Bert Frost – EVP, Sales, Market Development and Supply Chain Conference Call Participants Chris Parkinson – Wolfe Research Joel Jackson – BMO Capital Markets Andrew Wong – RBC Capital Markets Adam Samuelson – Goldman Sachs Steve Byrne – Bank of America Josh Spector – UBS Ben Isaacson – Scotia Bank Ben Theurer – Barclays Richard Garchitorena – Wells Fargo Aron Ceccarelli – Berenberg Operator Ladies and gentlemen, and welcome to CF Industries’ First Quarter of 2024. All participants will be in a listen-only mode.
Analysts’ Opinion of CF
Many brokerage firms have already submitted their reports for CF stocks, with BofA Securities repeating the rating for CF by listing it as a “Neutral.” The predicted price for CF in the upcoming period, according to BofA Securities is $88 based on the research report published on April 10, 2024 of the current year 2024.
Wolfe Research, on the other hand, stated in their research note that they expect to see CF reach a price target of $99. The rating they have provided for CF stocks is “Outperform” according to the report published on March 01st, 2024.
Piper Sandler gave a rating of “Underweight” to CF, setting the target price at $82 in the report published on February 29th of the current year.
CF Trading at -8.47% from the 50-Day Moving Average
After a stumble in the market that brought CF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.23% of loss for the given period.
Volatility was left at 2.47%, however, over the last 30 days, the volatility rate increased by 2.72%, as shares sank -6.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.34% lower at present.
During the last 5 trading sessions, CF fell by -7.82%, which changed the moving average for the period of 200-days by -5.71% in comparison to the 20-day moving average, which settled at $78.52. In addition, CF Industries Holdings Inc saw -6.28% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CF starting from Hoker Richard A, who sale 11,029 shares at the price of $84.11 back on Mar 14 ’24. After this action, Hoker Richard A now owns 37,641 shares of CF Industries Holdings Inc, valued at $927,612 using the latest closing price.
Frost Bert A, the EVP,Sales,MktDev,SupplyChn of CF Industries Holdings Inc, sale 6,000 shares at $85.00 during a trade that took place back on Mar 12 ’24, which means that Frost Bert A is holding 64,030 shares at $510,016 based on the most recent closing price.
Stock Fundamentals for CF
Current profitability levels for the company are sitting at:
- 0.28 for the present operating margin
- 0.34 for the gross margin
The net margin for CF Industries Holdings Inc stands at 0.19. The total capital return value is set at 0.13. Equity return is now at value 21.28, with 8.50 for asset returns.
Based on CF Industries Holdings Inc (CF), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at 0.74. The debt to equity ratio resting at 0.56. The interest coverage ratio of the stock is 11.84.
Currently, EBITDA for the company is 3.09 billion with net debt to EBITDA at 0.53. When we switch over and look at the enterprise to sales, we see a ratio of 2.47. The receivables turnover for the company is 11.38for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.94.
Conclusion
To put it simply, CF Industries Holdings Inc (CF) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
