With 2.38 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.18 million shares. The 52-week range on CF shows that it touched its highest point at $98.25 and its lowest point at $69.13 during that stretch. It currently has a 1-year price target of $90.50. With its current market cap of 13.19 billion, CF has annualized dividend of $2.00 while the current yield stands at 2.57%. Beta for the stock currently stands at 0.98.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CF was down-trending over the past week, with a drop of -7.19%, but this was down by -12.38% over a month. Three-month performance dropped to -14.19% while six-month performance fell -3.27%. The stock lost -3.27% in the past year, while it has lost -8.84% so far this year. A look at the trailing 12-month EPS for CF yields 6.76 with Next year EPS estimates of 5.37. For the next quarter, that number is 1.57. This implies an EPS growth rate of -12.05% for this year and -6.75% for next year. EPS is expected to decline by -10.38% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 24.82%.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CF since 9 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $6.40745 being high and $5.99953 being low. For CF, this leads to a yearly average estimate of $6.27811. Based on analyst estimates, the high estimate for the next quarter is $2.29 and the low estimate is $1.69. The average estimate for the next quarter is thus $1.97.
