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 ...

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]

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 ...

CF Industries Holdings, Inc.’s (CF) shares have gained 10.4% over the past three months, outperforming its industry’s decline of 5.4%. It is well-placed to benefit from higher nitrogen fertilizer demand in major markets and lower natural gas costs.We are positive about CF’s prospects and believe that the time is right for you to add the stock to the portfolio as it looks promising and is poised to carry the momentum ahead. Image Source: Zacks Investment ResearchLet's see what makes this fertilizer stock an ...

Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. 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 the Basic Materials sector. This group includes 236 individual stocks and currently holds a Zacks Sector Rank of #15. The Zac ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at ...

CF Industries Holdings, Inc.’s (CF) shares have gained 10.8% over the past three months. The company has outperformed its industry’s decline of 4.3% over the same time frame. CF has also topped the S&P 500’s roughly 2.9% rise over the same period.Let’s take a look into the factors that are driving this leading nitrogen fertilizer maker.  Image Source: Zacks Investment ResearchHealthy Nitrogen Demand, Lower Gas Costs Aid CF StockCF Industries is benefiting from the rising global demand for nitrogen fertilize ...

A month has gone by since the last earnings report for CF Industries (CF) . Shares have lost about 1.2% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is CF due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. CF Industries' Q2 Earnings Surpass Estimates, Sales MissCF In ...

CF Industries Holdings, Inc.’s (CF) shares have gained 9% in the past month, outperforming the Zacks Fertilizers industry’s rise of 3%. CF is benefiting from higher nitrogen fertilizer demand in major markets and lower natural gas costs amid headwinds from weaker nitrogen prices.Technical indicators show that CF crossed above the 200-day simple moving average (SMA) in early Aug. 2024. The stock also eclipsed the 50-day SMA around the same time, signaling a bullish trend.CF Stock Trades Above 50-Day SMA Imag ...

The Zacks Fertilizers industry is hamstrung by softer fertilizer prices on demand weakness as growers have reduced application rates partly due to affordability issues. Elevated costs of key raw materials partly due to the Russia-Ukraine war have also put pressure on the margins of companies in this space.   However, favorable global agricultural fundamentals and healthy farm economics augur well for the industry. Fertilizer players such as CF Industries Holdings, Inc. (CF) , Yara International ASA (YARIY) ...