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Ahead of CF (CF) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
ZACKS· 2024-10-29 14:21
Analysts on Wall Street project that CF Industries (CF) will announce quarterly earnings of $1.05 per share in its forthcoming report, representing an increase of 23.5% year over year. Revenues are projected to reach $1.21 billion, declining 4.7% from the same quarter last year.The current level reflects a downward revision of 1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections o ...
Is CF Industries (CF) Stock Undervalued Right Now?
ZACKS· 2024-10-28 14:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these ...
Are Basic Materials Stocks Lagging CF Industries (CF) This Year?
ZACKS· 2024-10-25 14:41
For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. CF Industries (CF) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. CF Industries is a member of our Basic Materials group, which includes 235 different companies and currently sits at #11 in the Zacks ...
CF Industries to Post Q3 Earnings: What's in the Cards for the Stock?
ZACKS· 2024-10-24 20:01
CF Industries Holdings, Inc. (CF) is set to release third-quarter 2024 results after the closing bell on Oct. 30.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.CF Industries missed the Zacks Consensus Estimate for earnings in three of the trailing four quarters and beat it once. The company delivered a trailing four-quarter negative earnings surprise of 4.1%, on average. CF is expected to have benefited from healthy nitrogen fertilizer demand in major markets and lower natural gas ...
CF Industries: Probably The Ideal Fertilizer Investment
Seeking Alpha· 2024-10-19 03:10
CF Industries (NYSE: CF ) is the world's leader in ammonia production. Initially requested by a friend of mine, I went into this analysis blind but came out reasonably impressed. CF is not only a well-run business; I think it's trading at aMy articles are written with a mind to owning a stock for years, not trying to predict price movements in a few months. I don't do target prices; I do valuations.I first entered investing in 2020 as an individual value investor, keen to understand the fundamentals of busi ...
Best Income Stocks to Buy for October 18th
ZACKS· 2024-10-18 10:05
Here are three stocks with buy rank and strong income characteristics for investors to consider today, October 18th: Hyster-Yale, Inc. (HY) : This lift trucks, attachments, and aftermarket parts company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days. This Zacks Rank #1 company has a dividend yield of 2.1%, compared with the industry average of 1.8%. Telefonaktiebolaget LM Ericsson (publ) (ERIC) : This mobile connectivity solutions company has w ...
Should Value Investors Buy CF Industries (CF) Stock?
ZACKS· 2024-10-10 14:43
Core Viewpoint - CF Industries is currently identified as a strong value stock with a Zacks Rank of 2 (Buy) and a Value grade of A, indicating its potential for investment [2]. Valuation Metrics - CF Industries has a PEG ratio of 2.57, which is lower than the industry average of 3.17, suggesting it may be undervalued relative to its expected earnings growth [2]. - The company's P/B ratio stands at 1.93, which is attractive compared to the industry average P/B of 2.14, indicating a favorable market value versus book value [2]. - CF's P/CF ratio is 8.06, significantly lower than the industry average of 18.29, further supporting the notion that the stock is undervalued based on its cash flow strength [3]. Historical Performance - Over the past year, CF's PEG ratio has fluctuated between a high of 2.67 and a low of 1.66, with a median of 2.24 [2]. - The P/B ratio for CF has ranged from a high of 2.01 to a low of 1.57, with a median of 1.80 over the past 52 weeks [2]. - CF's P/CF ratio has varied from a high of 8.37 to a low of 4.79, with a median of 6.64 in the last 12 months [3].
Is CF Industries (CF) Stock Outpacing Its Basic Materials Peers This Year?
ZACKS· 2024-10-09 14:45
Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Has CF Industries (CF) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question.CF Industries is one of 235 companies in the Basic Materials group. The Basic Materials group currently sits at #14 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 ...
CF Industries Stock Soars 26% in 3 Months: Time to Buy Now?
ZACKS· 2024-10-03 20:01
Core Viewpoint - CF Industries Holdings, Inc. is experiencing significant growth due to rising nitrogen fertilizer demand and decreasing natural gas costs, leading to a strong performance in the stock market [1][3][10] Group 1: Stock Performance - CF's shares have increased by 26% over the past three months, outperforming the Zacks Fertilizers industry's growth of 4.7% [1] - Year-to-date, CF's stock has gained 10.9%, while the industry has declined by 12.6% [9] Group 2: Demand and Market Conditions - The company is benefiting from a robust global demand for nitrogen fertilizers, driven by agricultural needs and recovering industrial demand post-pandemic [3] - High corn planting acres and low nitrogen inventories in North America are expected to further boost nitrogen demand [3] - Strong demand for urea is anticipated in Brazil and India, supported by increased domestic production and favorable weather [3][4] Group 3: Financial Performance - CF reported a decline in natural gas costs, with the average price falling from $2.75 per MMBtu in the previous year to $1.90 per MMBtu in Q2 2024, positively impacting the cost of sales [4] - The company generated $475 million in net cash from operating activities in Q2 2024 and ended the quarter with approximately $1.8 billion in cash and cash equivalents [5] - CF has a $3 billion share repurchase program, with about $1.9 billion remaining, and returned $832 million to shareholders through dividends and share repurchases in the first half of 2024 [5][6] Group 4: Dividend and Valuation - CF offers a dividend yield of 2.3%, with a payout ratio of 35%, indicating a sustainable dividend [6] - The forward 12-month earnings multiple for CF is 15.47X, which is a 16.3% premium compared to the peer group average of 13.3X [8] Group 5: Earnings Estimates - The Zacks Consensus Estimate for CF's earnings in 2024 has been revised upward, indicating positive market sentiment [7]
Best Income Stocks to Buy for October 2nd
ZACKS· 2024-10-02 10:11
Here are three stocks with buy rank and strong income characteristics for investors to consider today, October 2:Monro, Inc. (MNRO) : This automotive service provider has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.1% the last 60 days.This Zacks Rank #1 company has a dividend yield of 3.9%, compared with the industry average of 0.0%.CF Industries Holdings, Inc. (CF) : This hydrogen and nitrogen solutions provider has witnessed the Zacks Consensus Estimate for its curre ...