CVR Energy Inc (NYSE: CVI) is 1.65% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CVI stock was last observed hovering at around $19.88 in the last trading session, with the day’s loss setting it -0.83%.
Currently trading at $19.05, the stock is -1.27% and -1.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.51 million and changing -4.18% at the moment leaves the stock -16.60% off its SMA200. CVI registered -43.24% loss for a year compared to 6-month loss of -23.40%.
The stock witnessed a -2.01% gain in the last 1 month and extending the period to 3 months gives it a 1.65%, and is -5.65% 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 5.12% over the week and 5.11% over the month.
CVR Energy Inc (CVI) has around 1595 employees, a market worth around $1.92B and $7.61B in sales. Current P/E ratio is 273.31 and Fwd P/E is 12.94. Profit margin for the company is 0.09%. Distance from 52-week low is 22.12% and -49.96% from its 52-week high. The company has generated returns on investments over the last 12 months (0.26%).
with sales reaching $1.27B over the same period.The EPS is expected to grow by 104.04% this year, but quarterly earnings will post -1.57% year-over-year. Quarterly sales are estimated to shrink -31.92% in year-over-year returns.
The shares outstanding are 100.53M, and float is at 32.96M with Short Float at 11.88%.
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.
CVR Energy Inc (CVI) Insider Activity
The most recent transaction is an insider purchase by ICAHN CARL C, the company’s 10% Owner. SEC filings show that ICAHN CARL C bought 878,212 shares of the company’s common stock on Jan 08 ’25 at a price of $18.25 per share for a total of $16.03 million. Following the purchase, the insider now owns 67.57 million shares.
