Market Movers

CF Industries Holdings, Inc.’s Stock Price Soars to $79.53, Experiencing a Robust 8.50% Boost

CF Industries Holdings, Inc. (CF)

79.53 USD +6.23 (+8.50%) Volume: 2.98M

CF Industries Holdings, Inc.’s stock price stands strong at 79.53 USD, demonstrating a promising increase of +8.50% this trading session with a robust trading volume of 2.98M. Remarkably, the stock’s performance continues to hold steady with a YTD percentage change of +0.04%, highlighting CF’s solid market presence and potential for growth.


Latest developments on CF Industries Holdings, Inc.

CF Industries Holdings, Inc. has experienced significant stock price movements recently. The company’s Q2 earnings surpassed estimates, but sales fell short. Analysts have varying takes on CF Industries Holdings, with the stock jumping the most in 2 years on a bullish nitrogen outlook. Despite a fall in stock price on Wednesday, CF Industries Holdings still outperforms the market. The company reported strong first half 2024 net earnings and adjusted EBITDA. Investors have been actively trading CF Industries Holdings stock, with some decreasing positions while others are investing millions. With a successful Q2 earnings report, CF Industries Holdings continues to attract attention and drive market movements.


CF Industries Holdings, Inc. on Smartkarma

Analysts at Baptista Research on Smartkarma have provided insightful coverage of Cf Industries Holdings, a global manufacturer of hydrogen and nitrogen products. In their report titled “CF Industries: Impact of Clean Ammonia Market and Demand! – Major Drivers,” they highlighted the operational disruptions and lower production the company faced in the first quarter of 2024. Despite challenges like unplanned downtime and plant outages due to severe cold in January, the company reported an adjusted EBITDA of $460 million for the quarter.

Furthermore, Baptista Research‘s report “CF Industries: Export Opportunities and Global Market Dynamics – Major Drivers” focused on the strong performance of Cf Industries Holdings in the full year and fourth quarter of 2023. The company, known for its nitrogen-based fertilizers, achieved an impressive adjusted EBITDA and net cash from operations of approximately $2.8 billion each, along with a free cash flow of $1.8 billion. Analysts attributed this success to a balanced nitrogen supply-demand situation and energy spreads favoring the company’s low-cost production in North America.


A look at CF Industries Holdings, Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience4
Momentum3
OVERALL SMART SCORE3.8

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

Based on the Smartkarma Smart Scores, Cf Industries Holdings has a positive long-term outlook. With a high score in Growth and Resilience, the company is positioned well for future expansion and able to withstand economic challenges. Additionally, a strong score in Dividend indicates that investors can expect steady returns from this fertilizer manufacturer. While the scores for Value and Momentum are not as high, the overall outlook for Cf Industries Holdings remains promising.

Cf Industries Holdings, Inc. is a global leader in the manufacturing and distribution of nitrogen and phosphate fertilizer products. With a diverse range of products including ammonia, urea, and phosphate fertilizers, the company plays a crucial role in supporting agricultural activities worldwide. The Smartkarma Smart Scores highlight the company’s strengths in growth potential and resilience, positioning Cf Industries Holdings as a reliable and stable player in the fertilizer industry.


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.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars