Here's Why You Should Hold Onto CF Industries (CF) Stock For Now

Zacks04-09

CF Industries Holdings, Inc. CF is expected to gain from healthy nitrogen fertilizer demand in major markets and lower natural gas costs. However, it faces challenges from lower nitrogen prices.The ...

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However, it faces challenges from lower nitrogen prices.The ...</p>\n\n<a href=\"https://finance.yahoo.com/news/heres-why-hold-onto-cf-112800918.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Why You Should Hold Onto CF Industries (CF) Stock For Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why You Should Hold Onto CF Industries (CF) Stock For Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-09 19:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/heres-why-hold-onto-cf-112800918.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CF Industries Holdings, Inc. CF is expected to gain from healthy nitrogen fertilizer demand in major markets and lower natural gas costs. However, it faces challenges from lower nitrogen prices.The ...</p>\n\n<a href=\"https://finance.yahoo.com/news/heres-why-hold-onto-cf-112800918.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://finance.yahoo.com/news/heres-why-hold-onto-cf-112800918.html","article_id":"2426117199","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/nQ3SIB5Bq8UsZvwnJ8REHw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/6bd5b45b9a26188cd3433364d836928e"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2426117199","pubTimestamp":1712662080,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"CF Industries Holdings, Inc. CF is expected to gain from healthy nitrogen fertilizer demand in major markets and lower natural gas costs. However, it faces challenges from lower nitrogen prices.The company’s shares have gained 8.2% over a year compared with a 19.2% decline of its industry.Let’s find out why this Zacks Rank #3  stock is worth retaining at the moment.CF Industries faces headwinds from softer nitrogen prices. Global nitrogen prices have declined since the beginning of 2023. Higher global supply availability driven by higher global operating rates due to lower global energy costs has resulted in a decline in prices. Lower average selling prices weighed on CF's top line in the fourth quarter. Selling prices fell as lower global energy costs led to reduced global market clearing price required to meet global demand. The weak pricing environment is expected to continue over the near term. Lower pricing is likely to continue weighing on CF’s sales and margins.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4006":"钢铁","DNN":"丹尼森矿业","BK4588":"碎股","IE00B19Z6F94.USD":"Legg Mason Royce - US Smaller Companies A Acc USD","CF":"CF工业","CRS":"卡朋特科技","LU2065732104.USD":"ALLSPRING (LUX) WF GLOBAL SMALL CAP EQUITY \"I\" (USD) ACC","IE0031619046.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","BK4093":"化肥与农用药剂","IE00B19Z4B17.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC","IE00B66KJ199.SGD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","IE00B7SZL793.SGD":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","BK4109":"特种化学制品","IOSP":"英诺斯派材料","BK4156":"煤与消费用燃料"},"translate_title":"以下是你目前应该持有CF Industries股票的原因","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CF":1,"CRS":1,"DNN":1,"IOSP":1},"content_text":"CF Industries Holdings, Inc. CF is expected to gain from healthy nitrogen fertilizer demand in major markets and lower natural gas costs. However, it faces challenges from lower nitrogen prices.The company’s shares have gained 8.2% over a year compared with a 19.2% decline of its industry.\nImage Source: Zacks Investment Research\n\nLet’s find out why this Zacks Rank #3 (Hold) stock is worth retaining at the moment.\nHigher Nitrogen Demand, Lower Gas Costs to Aid CF\nCF Industries is benefiting from rising global demand for nitrogen fertilizers, driven by significant agricultural demand. Higher crop commodity prices are contributing to healthy demand globally. Industrial demand for nitrogen has also recovered from the pandemic-related disruptions.The company expects global nitrogen demand to remain resilient in the near term on the back of continued strong agriculture applications and recovering industrial demand. Low channel inventories and favorable farm economics are expected to drive demand for nitrogen in North America. Demand for urea is also expected to remain strong in Brazil and India. CF expects India to remain a significant importer of urea in 2024.Lower natural gas prices will also act in the company’s favor. CF Industries witnessed a significant decline in natural gas costs in the fourth quarter of 2023. Average cost of natural gas fell to $3.01 per MMBtu in the fourth quarter from $6.88 per MMBtu in the year-ago quarter. The same for 2023 declined to $3.67 per MMBtu from $7.18 per MMBtu a year ago. Lower natural gas costs led to a decline in the company's cost of sales. The benefits of reduced gas costs are expected to continue in the first quarter of 2024.Moreover, CF remains committed to boosting shareholders’ value by leveraging strong cash flows. It generated net operating cash flows of $2.76 billion and a free cash flow of $1.8 billion in 2023. During the fourth quarter, the company repurchased 2.9 million shares for $225 million. It repurchased around 7.9 million shares for $580 million during 2023. It also returned roughly $900 million to shareholders through dividends and share buybacks in 2023. The company, earlier this year, also announced a 25% increase in quarterly dividend to 50 cents per share.\nLower Nitrogen Prices a Concern\nCF Industries faces headwinds from softer nitrogen prices. Global nitrogen prices have declined since the beginning of 2023. Higher global supply availability driven by higher global operating rates due to lower global energy costs has resulted in a decline in prices. Lower average selling prices weighed on CF's top line in the fourth quarter. Selling prices fell as lower global energy costs led to reduced global market clearing price required to meet global demand. The weak pricing environment is expected to continue over the near term. Lower pricing is likely to continue weighing on CF’s sales and margins.\n\nCF Industries Holdings, Inc. Price and Consensus\n\nCF Industries Holdings, Inc. price-consensus-chart | CF Industries Holdings, Inc. Quote\n\n \nStocks to Consider\nBetter-ranked stocks worth a look in the basic materials space include Carpenter Technology Corporation CRS, Denison Mines Corp. DNN and Innospec Inc. IOSP.The Zacks Consensus Estimate for Carpenter Technology’s current fiscal year earnings is pegged at $3.94, indicating a year-over-year surge of 245.6%. CRS beat the Zacks Consensus Estimate in three of the last four quarters while matching it once, with the average earnings surprise being 12.2%. The company’s shares have gained around 91% in the past year. CRS currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Denison Mines carries a Zacks Rank #1. DNN beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 300%. The company’s shares have soared roughly 99% in the past year.The consensus estimate for Innospec’s current-year earnings is pegged at $6.72 per share, indicating a 10.3% year-over-year rise. IOSP, carrying a Zacks Rank #2 (Buy), beat the consensus estimate in each of the last four quarters, with the average earnings surprise being 10.5%. The company’s shares have gained around 18% in the past year.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nCF Industries Holdings, Inc. (CF) : Free Stock Analysis Report\nCarpenter Technology Corporation (CRS) : Free Stock Analysis Report\nDenison Mine Corp (DNN) : Free Stock Analysis Report\nInnospec Inc. (IOSP) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2426117199"}