The closing price of CVR Energy Inc. (NYSE: CVI) was 29.12 for the day, up 2.10% from the previous closing price of $28.52. In other words, the price has increased by $+0.60 from its previous closing price. On the day, 1047119 shares were traded. CVI reached its highest trading level at $30.45 during the session, while it also had its lowest trading level at $29.00.
Our analysis of CVI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.83. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 2.07 whereas as Long-Term Debt/Eq ratio is at 2.07.
Upgrades & Downgrades
On January 13, 2022, Scotiabank Upgraded its rating to Sector Perform which previously was Sector Underperform and also upped its target price recommendation from $12 to $20.
Wolfe Research Upgraded its Peer Perform to Outperform on January 07, 2022, while the target price for the stock was maintained at $25.
As of this moment, CVR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.89, and their Forward P/E ratio for the next fiscal year is 9.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 3.81.
Stock Price History:
Over the past 52 weeks, CVI has reached a high of $40.23, while it has fallen to a 52-week low of $12.56. The 50-Day Moving Average of the stock is 32.04, while the 200-Day Moving Average is calculated to be 27.04.
CVI traded an average of 900.41K shares per day over the past three months and 982.63k shares per day over the past ten days. A total of 100.53M shares are outstanding, with a floating share count of 100.52M. Shares short for CVI as of Jul 14, 2022 were 1.88M with a Short Ratio of 2.16, compared to 1.69M on Jun 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.87% and a Short% of Float of 6.41%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.00, CVI has a forward annual dividend rate of 1.60. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 1.19%.
The firm’s stock currently is rated by 7 analysts. On average, analysts expect EPS of $2.3 for the current quarter, with a high estimate of $2.64 and a low estimate of $1.95, while EPS last year was $-0.32. The consensus estimate for the next quarter is $1.85, with high estimates of $2.77 and low estimates of $1.28.
Analysts are recommending an EPS of between $7.45 and $3.65 for the fiscal current year, implying an average EPS of $5.49. EPS for the following year is $2.84, with 6 analysts recommending between $4.4 and $1.17.
A total of 4 analysts have provided revenue estimates for CVI’s current fiscal year. The highest revenue estimate was $12B, while the lowest revenue estimate was $7.49B, resulting in an average revenue estimate of $9.53B. In the same quarter a year ago, actual revenue was $7.24B, up 31.60% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $8.73B in the next fiscal year. The high estimate is $10.72B and the low estimate is $6.63B. The average revenue growth estimate for next year is down -8.40% from the average revenue estimate for this year.