CF Industries Holdings Inc (NYSE: CF) has reported earnings for its second fiscal quarter (ending June 30) of $2.30 versus $2.71 for the same period a year ago — a decline of -15%. Relative to the consensus estimate of $1.81, this was a premium of $0.49. For the latest four quarters through June 30, E.P.S. were $5.60 compared to $12.12 a year ago — a decline of -54%.
Recent Price Action
On 8/7/24, CF Industries Holdings Inc (NYSE: CF) stock declined slightly by -0.1%, closing at $73.30. Moreover, trading volume in this decline was above average at 140% of normal. Relative to the market the stock has been weak over the last nine months and has declined -4.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CF is expected to continue to be an important Value Builder.
CF Industries Holdings has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. CF Industries Holdings has a good Appreciation Score of 76 but a very low Power Rating of 14, leading to the Low Neutral Value Trend Rating.
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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