Street Earnings

Stocks In Queue: CF Industries Holdings, Inc. (CF), Allegheny Technologies Incorporated (ATI), Tesoro Corporation (TSO)

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CF Industries Holdings, Inc. (CF) climbed 0.83% during last trading as the stock added $0.3 to finish the day at $36.51 with about 4.21M shares changing hands, compared to its three month average trading volume of 6.05M. The $8.51B market cap company, which fluctuated between $35.79 and $36.8 during the day, currently situated 80.3% above its 52 week low of $20.77 and -1.78% away from its one year high of $37.72. The RSI of 67.88 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

CF Industries Holdings, Inc. manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, Other, and Phosphate segments. Its primary nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate. The company also provides diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia as well as compound fertilizer product, such as nitrogen, phosphorus, and potassium fertilizer. It offers products primarily to cooperatives, independent fertilizer distributors, farmers, and industrial users. CF Industries Holdings, Inc. was founded in 1946 and is based in Deerfield, Illinois.

Allegheny Technologies Incorporated (ATI) gained $0.33 to close the day at a new closing price of $21.83, a 1.53% increase in value from its previous closing price that moved the stock 191.94% above its 52 week low of $8.04. A total of 4.2M shares exchanged hands during the day compared with its three month average trading volume of 2.81M. The stock, which fluctuated between $21.01 and $22.49 during the day, currently situated -7.85% below its 52 week high. The stock is up by 30.95% in the past one month and up by 52.98% over the past three months. With a one year target estimate of $0 and RSI of 72.04, the stock still has upside potential, making it a sell for now.

Allegheny Technologies Incorporated produces and sells specialty materials and components worldwide. The company operates through two segments, High Performance Materials & Components; and Flat-Rolled Products. The High Performance Materials & Components segment provides various high performance materials, including titanium and titanium-based alloys; nickel-and cobalt-based alloys and superalloys; zirconium and related alloys, such as hafnium and niobium, advanced powder alloys, and other specialty materials, in long product forms of ingots, billets, bars, rods, wires, shapes and rectangles, and seamless tubes, plus precision forgings, castings, components, and machined parts. This segment serves aerospace and defense, oil and gas/chemical, hydrocarbon processing, electrical energy, and medical markets. The Flat-Rolled Products segment produces, converts, and distributes stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys in various forms, including plate, sheet, engineered strip, and Precision Rolled Strip products, as well as grain-oriented electrical steel. This segment serves oil and gas/chemical and hydrocarbon processing industry, electrical energy, automotive, food processing equipment and appliances, construction and mining, electronics, communication equipment and computers, and aerospace and defense markets. The company sells its products through direct sales and independent representatives. Allegheny Technologies Incorporated was founded in 1960 and is headquartered in Pittsburgh, Pennsylvania.

Tesoro Corporation (TSO) had a active trading with around 3.99M shares changing hands compared to its three month average trading volume of 2.39M. The stock traded between $81.22 and $83.79 before closing at the price of $82.02 with 0.1% change on the day. The San Antonio Texas 78259 based company is currently trading 24.23% above its 52 week low of $67.8 and -11.86% below its 52 week high of $93.5. Both the RSI indicator and target price of 44.43 and $105.13 respectively, lead us to believe that it should be put on hold over the coming weeks.

Tesoro Corporation, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. Its Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blend stocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, calcined coke, and asphalt. This segment also sells refined products in the wholesale market primarily through independent unbranded distributors; and in the bulk market primarily to independent unbranded distributors, other refining and marketing companies, utilities, railroads, airlines, marine, and industrial end-users in the western United States. It owns and operates 6 refineries with a combined crude oil capacity of approximately 875 thousand barrels per day. The company’s TLLP segment owns and operates a network of approximately 3,500 miles of crude oil, refined products, and natural gas pipelines; 29 crude oil and refined products truck and marine terminals; and approximately 15 million barrels of storage capacity. This segment also owns and operates four natural gas processing complexes and one fractionation facility. The company’s Marketing segment sells gasoline and diesel fuel through retail stations, and third-party branded dealers and distributors in the western United States. As of December 31, 2015, this segment operated a network of 2,397 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline, and Tesoro brands. The company was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in November 2004. Tesoro Corporation was founded in 1968 and is headquartered in San Antonio, Texas.

 

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