CF Industries Holdings, Inc. (CF - Free Report) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $27.58 –$31.14 in the past one-month time frame, witnessed a sharp increase yesterday.
The move came after the company reported solid second-quarter 2017 results
The company has seen three negative estimate revisions in the past two months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
CF Industries currently has a Zacks Rank #4 (Sell) while its Earnings ESPis positive.
CF Industries Holdings, Inc. Price and Consensus
A better-ranked stock in the Fertilizersindustry is Sociedad Quimica y Minera S.A.(SQM - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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