CF Industries Holdings Inc.’s foundation was laid in 1946 and is a manufacturer and distributor of fertilizers used for agricultural purposes with its headquarters in Deerfield, Illinois, United States. Very recently, the prices of the fertilizers have risen and this is the time when the investors and analysts should think about whether an investment in this company would bear fine profits or not.
Fourth Quarter Earnings Report: Sales and Income
CF Industries made a profit of $87 million for the fourth quarter of 2020 and as of 2019; the profit was $55 million. Also, the company has earned 40 cents per share in the fourth quarter of 2020 whereas, in 2019, it earned 25 cents per share. We can see that the company has improved and risen in terms of both profits and earnings on a year-over-year basis. The earnings have come out to be much better than even what was estimated which is good news for the investors looking forward to investing in the company. The company’s sales have also increased by 5% on a year-over-year basis and have come out to be $1,102 million. The sales have also come out to be much better than estimated.
CF Industries Holdings Inc. (NYSE: CF): Present Statistics and Data Report
- 52 Week Range: $19.73 – $50.70
- Average Volume: 2,331,481
- Market Capital: $10.565B
- Forward Dividend and Yield: 20 (2.43%)
Current Progress of the Company
CF Industries is globally indulged in the manufacturing and distribution of nitrogen and hydrogen-based products for clean energy, fertilizers, emissions abatement, and other industry-related applications. CF is a leading name in this case and has made good progress so far. The demand for nitrogen fertilizer is currently higher in the market and also the price of nitrogen has risen. Both of these factors will help the company and add to its progress.
Purchasing CF Stock: A Good Decision for Now?
The analysts are currently positive about the company’s ongoing progress and expect it to perform better in the upcoming times as well. Therefore, CF stock is a buy now. The increase in the prices will do well for the company and its stock overall. The way the company has evolved and now stands strong in the market is good news for all the investors interested in its stock.
The stock is also affordable and very reasonably priced. When an inexpensive stock comes with profits, the shareholders should not leave the opportunity of investing in such a company. The company’s stock at present seems like a reliable investment that will not let the money of its investors go down. The gain in the firm’s stock in the last six months has been as much as 55%. This time is, therefore, perfect for investing in this company because the future is bright and the investment is profit bearing and that too at a reasonably good price.