CF Industries Holdings (CF) was Reiterated by Barclays to “Overweight” while Lowering the Price Target of the company shares to $ 25 from a previous price target of $31 . Barclays advised their investors in a research report released on Aug 18, 2016.
Many Wall Street Analysts have commented on CF Industries Holdings. Shares were Reiterated by RBC Capital Mkts on Jul 13, 2016 to “Sector Perform” and Lowered the Price Target to $ 26 from a previous price target of $30 .CF Industries Holdings was Upgraded by Credit Agricole to ” Buy” on Jun 6, 2016. Goldman Resumed CF Industries Holdings on Jun 3, 2016 to “Neutral”, Price Target of the shares are set at $30.
On the company’s financial health, CF Industries Holdings reported $0.76 EPS for the quarter, missing the analyst consensus estimate by $ -0.10 based on the information available during the earnings call on Feb 17, 2016. Analyst had a consensus of $0.86. The company had revenue of $1115.80 million for the quarter, compared to analysts expectations of $1091.34 million. The company’s revenue was down -8.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $4.82 EPS.
CF Industries Holdings opened for trading at $23.49 and hit $23.97 on the upside on Wednesday, eventually ending the session at $23.31, with a gain of 0.47% or 0.11 points. The heightened volatility saw the trading volume jump to 56,54,306 shares. Company has a market cap of $5,434 M.
In a different news, on Aug 16, 2016, Robert C Arzbaecher (director) purchased 21,600 shares at $23.25 per share price. According to the SEC, on May 24, 2016, Christopher D Bohn (Sr. VP, Manufacturing) purchased 12,500 shares at $27.92 per share price. On Feb 24, 2016, Bert A Frost (Sr. VP Sales, Dist’n & Mkt Dev) purchased 8,000 shares at $31.31 per share price, according to the Form-4 filing with the securities and exchange commission.
CF Industries Holdings Inc. is the manufacturer and distributor of nitrogen fertilizer and other nitrogen products. The Companys nitrogen fertilizer products include ammonia granular urea and urea ammonium nitrate solution (UAN). The Companys other nitrogen products include ammonium nitrate (AN) diesel exhaust fluid (DEF) urea liquor and aqua ammonia. The Companys customers include cooperatives independent fertilizer distributors and industrial users. It operates seven nitrogen fertilizer production facilities in North America. The Company owns four production facilities in the Central United States one in Medicine Hat Alberta Canada and one in Courtright Ontario Canada. It also has a 75.3% interest in Terra Nitrogen Company L.P. (TNCLP) and its subsidiary TNLP which owns a nitrogen fertilizer facility in Verdigris Oklahoma.