Brokerages Expect CF Industries Holdings, Inc. (CF) Will Announce Earnings of -$0.11 Per Share

Analysts forecast that CF Industries Holdings, Inc. (NYSE:CF) will announce ($0.11) earnings per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for CF Industries’ earnings, with the lowest EPS estimate coming in at ($0.20) and the highest estimate coming in at ($0.01). CF Industries posted earnings per share of ($0.39) in the same quarter last year, which would indicate a positive year-over-year growth rate of 71.8%. The firm is expected to announce its next earnings results on Wednesday, February 21st.

According to Zacks, analysts expect that CF Industries will report full year earnings of ($0.35) per share for the current fiscal year, with EPS estimates ranging from ($0.44) to ($0.25). For the next fiscal year, analysts anticipate that the business will report earnings of $0.17 per share, with EPS estimates ranging from ($0.25) to $0.50. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that follow CF Industries.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, November 1st. The basic materials company reported ($0.39) EPS for the quarter, missing analysts’ consensus estimates of ($0.35) by ($0.04). The firm had revenue of $870.00 million during the quarter, compared to analysts’ expectations of $733.63 million. CF Industries had a negative return on equity of 2.29% and a negative net margin of 10.95%. The business’s revenue for the quarter was up 27.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.13 earnings per share.

CF has been the topic of a number of research reports. Zacks Investment Research upgraded CF Industries from a “sell” rating to a “hold” rating in a report on Friday, October 13th. Royal Bank of Canada raised their target price on CF Industries from $23.00 to $27.00 and gave the company an “underperform” rating in a report on Tuesday, October 17th. Piper Jaffray Companies reiterated a “hold” rating and set a $28.00 target price on shares of CF Industries in a report on Tuesday, September 5th. started coverage on CF Industries in a report on Wednesday, October 11th. They set a “hold” rating and a $36.30 target price on the stock. Finally, Atlantic Securities downgraded CF Industries from a “neutral” rating to an “underweight” rating in a report on Tuesday, November 14th. They noted that the move was a valuation call. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $34.95.

CF Industries (CF) traded down $0.07 during trading on Thursday, hitting $42.54. The stock had a trading volume of 1,377,485 shares, compared to its average volume of 3,458,860. The stock has a market cap of $9,922.88, a P/E ratio of -23.25 and a beta of 1.16. The company has a current ratio of 1.71, a quick ratio of 1.51 and a debt-to-equity ratio of 0.80. CF Industries has a 52 week low of $25.04 and a 52 week high of $43.42.

In other CF Industries news, Director Stephen A. Furbacher sold 3,500 shares of CF Industries stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $36.00, for a total transaction of $126,000.00. Following the sale, the director now directly owns 50,854 shares in the company, valued at approximately $1,830,744. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Bert A. Frost sold 7,500 shares of CF Industries stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $36.50, for a total value of $273,750.00. Following the sale, the vice president now owns 67,232 shares in the company, valued at $2,453,968. The disclosure for this sale can be found here. 1.00% of the stock is owned by insiders.

A number of hedge funds have recently bought and sold shares of CF. Parametric Portfolio Associates LLC grew its position in shares of CF Industries by 2.0% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 944,519 shares of the basic materials company’s stock worth $33,209,000 after acquiring an additional 18,275 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new position in shares of CF Industries in the 3rd quarter worth approximately $183,000. IFM Investors Pty Ltd acquired a new position in shares of CF Industries in the 3rd quarter worth approximately $252,000. TT International acquired a new position in shares of CF Industries in the 3rd quarter worth approximately $1,144,000. Finally, Point72 Asset Management L.P. acquired a new position in shares of CF Industries in the 3rd quarter worth approximately $14,767,000.

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CF Industries Company Profile

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizer, and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).

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