CVR Energy Inc (CVI) Stock Could Soon Reward Patient Investors

CVR Energy Inc (NYSE: CVI) is -40.56% 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 $17.95 in the last trading session, with the day’s gains setting it 0.06%.

Currently trading at $18.01, the stock is -4.62% and -8.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.3 million and changing 0.33% at the moment leaves the stock -30.82% off its SMA200. CVI registered -43.10% loss for a year compared to 6-month loss of -32.57%. The firm has a 50-day simple moving average (SMA 50) of $19.7722 and a 200-day simple moving average (SMA200) of $26.0341.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a -3.69% gain in the last 1 month and extending the period to 3 months gives it a -23.07%, and is -4.76% 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 3.77% over the week and 3.97% over the month.

CVR Energy Inc (CVI) has around 1566 employees, a market worth around $1.82B and $7.87B in sales. Current P/E ratio is 25.86 and Fwd P/E is 70.02. Profit margin for the company is 0.89%. Distance from 52-week low is 15.45% and -52.69% from its 52-week high. The company has generated returns on investments over the last 12 months (3.10%).

with sales reaching $1.93B over the same period.The EPS is expected to shrink by -113.60% this year, but quarterly earnings will post -17.95% year-over-year. Quarterly sales are estimated to shrink -12.49% in year-over-year returns.

CVR Energy Inc (CVI) Top Institutional Holders

302.0 institutions hold shares in CVR Energy Inc (CVI), with institutional investors hold 104.28% of the company’s shares. The shares outstanding are 100.53M, and float is at 33.84M with Short Float at 16.39%. Institutions hold 104.28% 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.