Revenue Update on CF Industries Holdings(NYSE:CF)

CF Industries Holdings(NYSE:CF) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 3, 2016. Company reported revenue of $1.13B. Analysts estimated a revenue of $1.14B. Earnings per share were $0.33. Analysts had estimated an EPS of $0.69.

In a different note, On Jul 7, 2016, Citigroup said it Maintains its rating on CF Industries Holdings. In the research note, the firm Lowers the price-target to $34.00 per share. The shares have been rated ‘Neutral’ by the firm. On Jun 16, 2016, UBS said it Maintains its rating on CF Industries Holdings. In the research note, the firm Lowers the price-target to $33.00 per share. The shares have been rated ‘Neutral’ by the firm. On Jun 6, 2016, CLSA said it Upgrades its rating on CF Industries Holdings. The shares have been rated ‘Buy’ by the firm. On Jun 3, 2016, Goldman Sachs said it Reinstates its rating on CF Industries Holdings. The shares have been rated ‘Neutral’ by the firm. On Jun 2, 2016, JP Morgan said it Upgrades its rating on CF Industries Holdings. The shares have been rated ‘Neutral’ by the firm. On May 24, 2016, Scotia said it Downgrades its rating on CF Industries Holdings. The shares have been rated ‘Sector Perform’ by the firm.

CF Industries Holdings (CF) made into the market gainers list on Fridays trading session with the shares advancing 0.40% or 0.09 points. Due to strong positive momentum, the stock ended at $22.35, which is also near the day’s high of $22.76. The stock began the session at $22.22 and the volume stood at 90,87,108 shares. The 52-week high of the shares is $65.12 and the 52 week low is $20.77. The company has a current market capitalization of $5,210 M and it has 23,31,29,910 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On May 25, 2016, Robert C Arzbaecher (director) purchased 17,275 shares at $28.00 per share price.Also, On May 24, 2016, Christopher D Bohn (Sr. VP, Manufacturing) purchased 12,500 shares at $27.92 per share price.On Feb 24, 2016, Bert A Frost (Sr. VP Sales, Dist’n & Mkt Dev) purchased 8,000 shares at $31.31 per share price, according to the Form-4 filing with the securities and exchange commission.

CF Industries Holdings Inc. is the manufacturer and distributor of nitrogen fertilizer and other nitrogen products. The Company’s nitrogen fertilizer products include ammonia granular urea and urea ammonium nitrate solution (UAN). The Company’s other nitrogen products include ammonium nitrate (AN) diesel exhaust fluid (DEF) urea liquor and aqua ammonia. The Company’s customers include cooperatives independent fertilizer distributors and industrial users. It operates seven nitrogen fertilizer production facilities in North America. The Company owns four production facilities in the Central United States one in Medicine Hat Alberta Canada and one in Courtright Ontario Canada. It also has a 75.3% interest in Terra Nitrogen Company L.P. (TNCLP) and its subsidiary TNLP which owns a nitrogen fertilizer facility in Verdigris Oklahoma.

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