In the latest trading session, CF Industries (CF - Free Report) closed at $41.03, marking a +0.49% move from the previous day. This change outpaced the S&P 500's 2.06% loss on the day. Elsewhere, the Dow lost 1.81%, while the tech-heavy Nasdaq lost 2.99%.
Prior to today's trading, shares of the fertilizer maker had lost 7.62% over the past month. This has lagged the Basic Materials sector's loss of 6.32% and the S&P 500's loss of 6.47% in that time.
Wall Street will be looking for positivity from CF as it approaches its next earnings report date. This is expected to be February 13, 2019. In that report, analysts expect CF to post earnings of $0.60 per share. This would mark year-over-year growth of 3100%. Our most recent consensus estimate is calling for quarterly revenue of $1.31 billion, up 18.86% from the year-ago period.
CF's full-year Zacks Consensus Estimates are calling for earnings of $1.62 per share and revenue of $4.58 billion. These results would represent year-over-year changes of +748% and +10.8%, respectively.
Investors should also note any recent changes to analyst estimates for CF. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.84% higher. CF currently has a Zacks Rank of #2 (Buy).
Investors should also note CF's current valuation metrics, including its Forward P/E ratio of 25.27. For comparison, its industry has an average Forward P/E of 19.3, which means CF is trading at a premium to the group.
Also, we should mention that CF has a PEG ratio of 4.21. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. CF's industry had an average PEG ratio of 1.62 as of yesterday's close.
The Fertilizers industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 48, which puts it in the top 19% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.