Closing Figures: CVR Energy Inc (CVI)’s Positive Finish at 24.60, Up 2.80

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After finishing at $23.93 in the prior trading day, CVR Energy Inc (NYSE: CVI) closed at $24.60, up 2.80%. In other words, the price has increased by $2.80 from its previous closing price. On the day, 1.34 million shares were traded. CVI stock price reached its highest trading level at $24.87 during the session, while it also had its lowest trading level at $24.19.

Ratios:

Our goal is to gain a better understanding of CVI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.23. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 1.46. In the meantime, Its Debt-to-Equity ratio is 1.89 whereas as Long-Term Debt/Eq ratio is at 1.87.

On July 17, 2024, Mizuho started tracking the stock assigning a Neutral rating and target price of $27.

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 2473062656 and an Enterprise Value of 3717052672. As of this moment, CVR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.52, and their Forward P/E ratio for the next fiscal year is 15.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 2.91. Its current Enterprise Value per Revenue stands at 0.435 whereas that against EBITDA is 3.619.

Stock Price History:

Over the past 52 weeks, CVI has reached a high of $38.07, while it has fallen to a 52-week low of $21.05. The 50-Day Moving Average of the stock is -0.99%, while the 200-Day Moving Average is calculated to be -17.42%.

Shares Statistics:

The stock has traded on average 1.21M shares per day over the past 3-months and 1350910 shares per day over the last 10 days, according to various share statistics. 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 103.50% stake in the company. Shares short for CVI as of 1724976000 were 4913240 with a Short Ratio of 4.08, compared to 1722384000 on 5199493. Therefore, it implies a Short% of Shares Outstanding of 4913240 and a Short% of Float of 14.52.

Dividends & Splits

In the trailing 12 months, CVI’s forward annual dividend rate was 2.0, compared to 2.00 this year. Against a Trailing Annual Dividend Yield of 0.0835771The stock’s 5-year Average Dividend Yield is 8.85.

Earnings Estimates

Its stock is currently analyzed by 7.0 different market analysts. The consensus estimate for the next quarter is $0.09, with high estimates of $0.44 and low estimates of -$0.32.

Analysts are recommending an EPS of between $1.05 and -$0.15 for the fiscal current year, implying an average EPS of $0.38. EPS for the following year is $1.68, with 6.0 analysts recommending between $3.26 and $0.2.

Revenue Estimates

5 analysts predict $2.07B in revenue for the current quarter. It ranges from a high estimate of $2.22B to a low estimate of $1.92B. As of the current estimate, CVR Energy Inc’s year-ago sales were $2.38BFor the next quarter, 5 analysts are estimating revenue of $2.01B. There is a high estimate of $2.2B for the next quarter, whereas the lowest estimate is $1.84B.

A total of 5 analysts have provided revenue estimates for CVI’s current fiscal year. The highest revenue estimate was $8.22B, while the lowest revenue estimate was $7.59B, resulting in an average revenue estimate of $7.89B. In the same quarter a year ago, actual revenue was $9.25BBased on 5 analysts’ estimates, the company’s revenue will be $7.71B in the next fiscal year. The high estimate is $9.27B and the low estimate is $6.72B.

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