CF Industries (NYSE:CF) Stock Rating Upgraded by Bank of America

27 Feb 2025, 02:14 by Teresa Graham · The Cerbat Gem

Bank of America upgraded shares of CF Industries (NYSE:CF – Free Report) from an underperform rating to a neutral rating in a research report sent to investors on Monday, Marketbeat.com reports. Bank of America currently has $84.00 price objective on the basic materials company’s stock.

A number of other equities analysts also recently commented on CF. UBS Group reduced their price objective on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, February 20th. Barclays cut shares of CF Industries from an “overweight” rating to an “equal weight” rating and raised their price target for the stock from $96.00 to $100.00 in a research note on Tuesday, January 21st. JPMorgan Chase & Co. lowered CF Industries from a “neutral” rating to an “underweight” rating and lowered their price objective for the company from $82.00 to $75.00 in a research note on Friday, January 24th. Oppenheimer cut their target price on CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a research report on Tuesday, January 28th. Finally, Royal Bank of Canada lowered CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price target on the stock. in a research note on Tuesday, January 21st. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $91.14.

Check Out Our Latest Report on CF Industries

CF Industries Trading Down 0.9 %

Shares of CF opened at $77.74 on Monday. The stock’s 50-day moving average price is $87.43 and its 200 day moving average price is $85.59. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. CF Industries has a 12-month low of $69.13 and a 12-month high of $98.25. The firm has a market capitalization of $13.18 billion, a price-to-earnings ratio of 11.48, a P/E/G ratio of 0.37 and a beta of 0.97.

CF Industries (NYSE:CF – Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. The business had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.50 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. As a group, research analysts predict that CF Industries will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.57%. CF Industries’s dividend payout ratio (DPR) is presently 29.54%.

Insider Activity at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total transaction of $144,000.00. Following the transaction, the executive vice president now owns 92,486 shares of the company’s stock, valued at approximately $8,878,656. This represents a 1.60 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the stock in a transaction on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the completion of the transaction, the vice president now owns 15,871 shares in the company, valued at $1,507,745. The trade was a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,389 shares of company stock valued at $1,455,965 over the last ninety days. 0.48% of the stock is owned by insiders.

Institutional Trading of CF Industries

Several institutional investors and hedge funds have recently added to or reduced their stakes in CF. Mizuho Bank Ltd. bought a new position in shares of CF Industries in the 4th quarter valued at about $26,000. Heck Capital Advisors LLC acquired a new position in CF Industries in the fourth quarter valued at approximately $34,000. Brooklyn Investment Group bought a new position in CF Industries in the third quarter valued at approximately $39,000. Creative Financial Designs Inc. ADV grew its holdings in CF Industries by 50.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company’s stock worth $41,000 after acquiring an additional 161 shares during the period. Finally, Asset Planning Inc bought a new stake in shares of CF Industries during the 4th quarter valued at $44,000. 93.06% of the stock is owned by institutional investors.

CF Industries Company Profile

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