CF Industries Holdings, Inc.’s Stock Price Soars to $77.32, Registering a Robust 3.34% Increase

CF Industries Holdings, Inc. (CF)

77.32 USD +2.50 (+3.34%) Volume: 2.68M

CF Industries Holdings, Inc.’s stock price is currently at 77.32 USD, marking a positive trading session with a +3.34% change. Despite a high trading volume of 2.68M, the stock has experienced a slight downtrend with a -2.74% change YTD. Stay updated on CF’s stock performance for smart investment decisions.

Latest developments on CF Industries Holdings, Inc.

CF Industries Holdings Inc. stock has been on the rise, with recent purchases by BNP Paribas Financial Markets and Apollon Wealth Management LLC indicating investor confidence. Despite underperforming the market on Wednesday, the stock outperformed on Tuesday. With lowered Q3 2024 EPS estimates by Zacks Research, there is speculation on the company’s future performance. Dimensional Fund Advisors LP also increased their holdings in CF Industries Holdings, Inc. There is anticipation around the upcoming US$0.40 dividend, and analysts are offering predictions for the company’s Q2 and Q3 2024 earnings. Overall, CF Industries Holdings Inc. is making moves in the stock market, outpacing its basic materials peers and gaining attention from both investors and industry analysts.

CF Industries Holdings, Inc. on Smartkarma

Analysts at Baptista Research have been closely monitoring Cf Industries Holdings Inc. on Smartkarma. In their report titled “CF Industries: Impact of Clean Ammonia Market and Demand! – Major Drivers,” they highlighted operational disruptions and lower production in the first quarter of 2024 due to severe cold weather. Despite this, the company reported an adjusted EBITDA of $460 million for the quarter. The report leans towards a bullish sentiment.

Another report by Baptista Research, “CF Industries: Export Opportunities and Global Market Dynamics – Major Drivers,” praised Cf Industries Holdings Inc.’s strong performance in the full year and fourth quarter of 2023. The company’s balanced nitrogen supply-demand situation and low-cost production in North America contributed to an adjusted EBITDA and net cash from operations of approximately $2.8 billion each. The report also leans towards a bullish sentiment.

A look at CF Industries Holdings, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

CF Industries Holdings, Inc. has a positive long-term outlook based on its Smartkarma Smart Scores. With strong scores in Growth and Dividend, the company is positioned for future success and stability. The high score in Growth indicates potential for expansion and increased profitability, while the solid Dividend score suggests a reliable income stream for investors. While the Value and Resilience scores are not as high, the overall outlook for Cf Industries Holdings remains optimistic.

CF Industries Holdings, Inc. is a global leader in manufacturing and distributing nitrogen and phosphate fertilizer products. With a diverse range of products in its portfolio, including ammonia, urea, and ammonium nitrate, the company has established itself as a key player in the industry. The high score in Growth reflects the company’s ability to adapt and innovate, while the strong Dividend score indicates a commitment to rewarding shareholders. Despite some areas for improvement, Cf Industries Holdings is well-positioned for long-term success in the market.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma