CF Industries Holdings (CF, Financial), a leading nitrogen producer, saw its stock price plunge by 5%. The stock is currently trading at $85.20 per share with a trading volume of 2.53218 million shares and a turnover rate of 1.46%. The stock's price fluctuation is recorded at 5.41%.
Recent financial reports show CF Industries achieved a revenue of $1.37 billion, a net profit of $276 million, and earnings per share of $1.55. The gross profit stands at $446 million, with a price-to-earnings ratio of 13.51. Among 22 institutions that rated the stock, 23% recommended buying, 64% suggested holding, and 13% advised selling.
The agricultural supplies sector, where CF Industries operates, experienced an overall decline of 3.17%. Within this sector, stocks such as Lavoro Limited C/Wts 27/02/2028 (To Pur Ord) and FMC Corporation saw significant gains. Active stocks in the sector include FMC Corporation with a turnover rate of 3.58%, N2Off, Inc. at 2.06%, and CF Industries at 1.46%. Stocks with notable price swings include Benson Hill, Inc. with a 16.67% fluctuation, Enlightify Inc. at 8.92%, and Bioceres Crop Solutions Corp. at 7.95%.
CF Industries is a major nitrogen producer and distributor, primarily for fertilizers. The company operates nitrogen production facilities in North America and the UK, and holds joint venture interests in Trinidad and Tobago. It leverages low-cost U.S. natural gas to maintain its status as one of the lowest-cost nitrogen producers globally. CF is also investing in carbon-free blue and green ammonia as an alternative hydrogen fuel or transport method.
