CVR Energy Inc (NYSE: CVI) closed the day trading at $36.69 down -0.24% from the previous closing price of $36.78. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 839972 shares were traded.
Ratios:
For a better understanding of CVI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.96. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 2.65 whereas as Long-Term Debt/Eq ratio is at 1.92.
On March 09, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $36.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 11 ’23 when ICAHN CARL C sold 4,100,000 shares for $35.20 per share. The transaction valued at 144,320,000 led to the insider holds 66,692,381 shares of the business.
ICAHN CARL C sold 9,529 shares of CVI for $316,935 on Aug 23 ’23. The 10% Owner now owns 70,792,381 shares after completing the transaction at $33.26 per share. On Aug 22 ’23, another insider, ICAHN CARL C, who serves as the 10% Owner of the company, sold 127,304 shares for $34.60 each. As a result, the insider received 4,404,718 and left with 70,801,910 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CVI now has a Market Capitalization of 3.69B and an Enterprise Value of 5.31B. As of this moment, CVR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.80, and their Forward P/E ratio for the next fiscal year is 14.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 4.35. Its current Enterprise Value per Revenue stands at 0.57 whereas that against EBITDA is 3.70.
Stock Price History:
The Beta on a monthly basis for CVI is 1.60, which has changed by 24.16% over the last 52 weeks, in comparison to a change of 32.00% over the same period for the S&P500. Over the past 52 weeks, CVI has reached a high of $36.99, while it has fallen to a 52-week low of $20.94. The 50-Day Moving Average of the stock is 33.20, while the 200-Day Moving Average is calculated to be 32.46.
Shares Statistics:
Over the past 3-months, CVI traded about 916.32K shares per day on average, while over the past 10 days, CVI traded about 990.42k shares per day. A total of 100.53M shares are outstanding, with a floating share count of 100.53M. Insiders hold about 0.00% of the company’s shares, while institutions hold 105.36% stake in the company. Shares short for CVI as of Feb 29, 2024 were 6.39M with a Short Ratio of 6.97, compared to 8.24M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.35% and a Short% of Float of 21.78%.
Dividends & Splits
CVI’s forward annual dividend rate is 1.94, up from 2.00 a year ago. Against a Trailing Annual Dividend Yield of 5.44%, it implies a Forward Annual Dividend Yield of 5.45%. The stock’s 5-year Average Dividend Yield is 8.85.
Earnings Estimates
Current recommendations for the stock of the company come from 6 analysts. On average, analysts expect EPS of $0.3 for the current quarter, with a high estimate of $0.45 and a low estimate of $0.05, while EPS last year was $1.44. The consensus estimate for the next quarter is $0.96, with high estimates of $1.15 and low estimates of $0.69.
Analysts are recommending an EPS of between $4.13 and $2.2 for the fiscal current year, implying an average EPS of $2.89. EPS for the following year is $2.59, with 4 analysts recommending between $3.26 and $2.
Revenue Estimates
3 analysts predict $1.96B in revenue for the current quarter. It ranges from a high estimate of $2.13B to a low estimate of $1.81B. As of the current estimate, CVR Energy Inc’s year-ago sales were $2.17B, an estimated decrease of -9.50% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $2.06B, a decrease of -7.70% over than the figure of -$9.50% in the same quarter last year. There is a high estimate of $2.29B for the next quarter, whereas the lowest estimate is $1.94B.
A total of 3 analysts have provided revenue estimates for CVI’s current fiscal year. The highest revenue estimate was $9.05B, while the lowest revenue estimate was $7.53B, resulting in an average revenue estimate of $8.19B. In the same quarter a year ago, actual revenue was $9.25B, down -11.40% from the average estimate.
