CVR Energy Inc (NYSE: CVI) is -38.15% lower on its value in year-to-date trading and has touched a low of $15.60 and a high of $38.07 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CVI stock was last observed hovering at around $18.70 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $18.74, the stock is 1.62% and -13.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.91 million and changing 0.21% at the moment leaves the stock -31.92% off its SMA200. CVI registered -40.71% loss for a year compared to 6-month loss of -36.92%. The firm has a 50-day simple moving average (SMA 50) of $21.7412 and a 200-day simple moving average (SMA200) of $27.60385.
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The stock witnessed a -21.62% gain in the last 1 month and extending the period to 3 months gives it a -24.47%, and is -0.05% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.09% over the week and 4.68% over the month.
CVR Energy Inc (CVI) has around 1566 employees, a market worth around $1.88B and $7.87B in sales. Current P/E ratio is 26.91 and Fwd P/E is 33.05. Profit margin for the company is 0.89%. Distance from 52-week low is 20.13% and -50.77% from its 52-week high. The company has generated returns on investments over the last 12 months (3.10%).
CVR Energy Inc quarterly earnings per share for the current quarter are estimated at -0.24 with sales reaching $1.94B over the same period.The EPS is expected to shrink by -108.66% this year, but quarterly earnings will post -17.44% year-over-year. Quarterly sales are estimated to shrink -11.70% in year-over-year returns.
297.0 institutions hold shares in CVR Energy Inc (CVI), with institutional investors hold 104.17% of the company’s shares. The shares outstanding are 100.53M, and float is at 100.53M with Short Float at 5.74%. Institutions hold 104.17% of the Float.
The top institutional shareholder in the company is ICAHN CARL C with over 66.69 million shares valued at $1.79 billion. The investor’s holdings represent 66.3606 of the CVI Shares outstanding. As of 2024-06-30, the second largest holder is PACER ADVISORS, INC. with 6.76 million shares valued at $181.06 million to account for 6.7298 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 5.0 million shares representing 4.9744 and valued at over $133.83 million, while VANGUARD GROUP INC holds 4.1044 of the shares totaling 4.12 million with a market value of $110.42 million.
