Investing in CVR Energy Inc. (CVI) is a safe bet with a significant edge

In the latest session, CVR Energy Inc. (NYSE: CVI) closed at $32.72 down -0.55% from its previous closing price of $32.90. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 977198 shares were traded. CVI stock price reached its highest trading level at $33.14 during the session, while it also had its lowest trading level at $32.21.

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Ratios:

For a deeper understanding of CVR Energy Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.56. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 2.84 whereas as Long-Term Debt/Eq ratio is at 2.83.

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.

Valuation Measures:

As of this moment, CVR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.73, and their Forward P/E ratio for the next fiscal year is 9.57. 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 5.87.

Stock Price History:

Over the past 52 weeks, CVI has reached a high of $41.26, while it has fallen to a 52-week low of $15.12. The 50-Day Moving Average of the stock is 33.88, while the 200-Day Moving Average is calculated to be 32.96.

Shares Statistics:

For the past three months, CVI has traded an average of 775.41K shares per day and 613.37k 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 Oct 13, 2022 were 2.22M with a Short Ratio of 2.32M, compared to 2.28M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.21% and a Short% of Float of 7.58%.

Dividends & Splits

According to the company, the forward annual dividend rate for CVI is 1.60, from 0.00 in the trailing year. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 4.00%.

Earnings Estimates

There are 6 different market analysts currently analyzing its stock. On average, analysts expect EPS of $1.9 for the current quarter, with a high estimate of $2.33 and a low estimate of $1.75, while EPS last year was -$0.24. The consensus estimate for the next quarter is $1.44, with high estimates of $2.05 and low estimates of $0.92.

Analysts are recommending an EPS of between $7.71 and $5.26 for the fiscal current year, implying an average EPS of $6.16. EPS for the following year is $3.34, with 6 analysts recommending between $5.33 and $2.25.

Revenue Estimates

A total of 3 analysts believe the company’s revenue will be $2.4B this quarter.It ranges from a high estimate of $2.74B to a low estimate of $1.76B. As of the current estimate, CVR Energy Inc.’s year-ago sales were $1.73B, an estimated increase of 38.60% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $2.4B, an increase of 13.70% less than the figure of $38.60% in the same quarter last year. There is a high estimate of $2.79B for the next quarter, whereas the lowest estimate is $1.9B.

A total of 3 analysts have provided revenue estimates for CVI’s current fiscal year. The highest revenue estimate was $11.05B, while the lowest revenue estimate was $9.18B, resulting in an average revenue estimate of $10.32B. In the same quarter a year ago, actual revenue was $7.24B, up 42.50% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $9.03B in the next fiscal year. The high estimate is $10.02B and the low estimate is $7.11B. The average revenue growth estimate for next year is down -12.50% from the average revenue estimate for this year.