CF Industries Holdings Inc (NYSE: CF) has reported earnings for its first fiscal quarter (ending March 31) of $1.03 versus $2.86 for the same period a year ago — a decline of -64%. This result fell short of the consensus estimate of $1.47 by $-0.44. For the latest four quarters through March 31, E.P.S. were $6.03 versus $15.01 for the same period a year ago — a decline of -60%.
Recent Price Action
CF Industries Holdings Inc (NYSE: CF) stock declined modestly by -1.3% on 5/1/24. The stock closed at $77.97. However, this decline was accompanied by below average trading volume at 69% of normal. The stock has performed in line with the market over the last nine months and has declined -0.7% during the last week.
Current PriceTarget Research Rating
CF’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
CF Industries Holdings has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. CF Industries Holdings has a good Appreciation Score of 73 but a slightly negative Power Rating of 32, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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