Favorable demand in major markets and higher fertilizer prices should enable the Zacks Fertilizers industry to thrive and support NTR, CF and YARIY stocks.
Fertilizer prices have soared to their highest level in nearly three years, largely due to the ongoing conflicts in the Middle East.
CF Industries remains a strong buy, with durable cost advantages from U.S. natural gas and geopolitical disruptions supporting elevated margins. CF's forward GAAP P/E of 9.25 is 45.6% below the sector median, despite four years of superior earnings and a 56% YTD gain. Share buybacks and production growth have reduced share count by 57% since 2010 while increasing nitrogen output by 36%, compounding shareholder value.
Here is how CF Industries (CF) and Carpenter Technology (CRS) have performed compared to their sector so far this year.
CF (CF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
CF's robust cash flows, backed by strong operations and nitrogen market tailwinds, are powering growth investments and shareholder returns.
CF stock surges 59% in three months on strong nitrogen demand and pricing, but rising gas costs threaten margins.
CF (CF) reported earnings 30 days ago. What's next for the stock?
A leading global manufacturer of hydrogen and nitrogen products, CF Industries ( NYSE:CF ) has surged 59% year-to-date amid Iran-linked supply disruptions, which have tightened global nitrogen markets, with shares reaching $123.29 as of March 17.
Soaring gas prices are the most blunt and visual reminder of the war in Iran, but crude oil isn't the only commodity shipped out of the world's crucial waterway. Fertilizer inputs such as urea, potash, ammonia, and sulfur are produced all over the Persian Gulf, and an estimated 30-35% of all plant nutrients rely on the contested Strait of Hormuz for transit.
CF Industries stock has surged as fertilizer prices jump amid Middle East supply disruptions, but Mizuho says the rally may be short-lived.
CF Industries Holdings, Inc. (NYSE: CF - Get Free Report) EVP Susan Menzel sold 18,041 shares of the company's stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $136.06, for a total value of $2,454,658.46. Following the transaction, the executive vice president directly owned 55,762 shares in the