As of close of business last night, CVR Energy Inc’s stock clocked out at $35.25, down -2.95% from its previous closing price of $36.32. In other words, the price has decreased by -$1.07 from its previous closing price. On the day, 904883 shares were traded.
Ratios:
To gain a deeper understanding of CVI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.77. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 3.54B and an Enterprise Value of 5.16B. As of this moment, CVR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.61, and their Forward P/E ratio for the next fiscal year is 14.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38 while its Price-to-Book (P/B) ratio in mrq is 4.18. Its current Enterprise Value per Revenue stands at 0.56 whereas that against EBITDA is 3.60.
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 $20.94. The 50-Day Moving Average of the stock is 34.60, while the 200-Day Moving Average is calculated to be 32.99.
Shares Statistics:
It appears that CVI traded 923.99K shares on average per day over the past three months and 890.21k shares per day over the past ten days. 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 Mar 28, 2024 were 6.5M with a Short Ratio of 7.42, compared to 6.39M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.47% and a Short% of Float of 22.16%.
Dividends & Splits
With its trailing 12-month dividend rate of 2.00, CVI has a forward annual dividend rate of 2.00. Against a Trailing Annual Dividend Yield of 5.51%, it implies a Forward Annual Dividend Yield of 5.67%. The stock’s 5-year Average Dividend Yield is 8.85.
Earnings Estimates
As of right now, 7 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.23 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 $1.01, with high estimates of $1.17 and low estimates of $0.84.
Analysts are recommending an EPS of between $4.13 and $2.2 for the fiscal current year, implying an average EPS of $2.84. EPS for the following year is $2.5, with 6 analysts recommending between $3.26 and $1.97.
Revenue Estimates
In the current quarter, 4 analysts expect revenue to total $1.95B. It ranges from a high estimate of $2.12B 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 -9.70% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $2.09B, a decrease of -6.60% over than the figure of -$9.70% in the same quarter last year. There is a high estimate of $2.35B for the next quarter, whereas the lowest estimate is $1.94B.
A total of 4 analysts have provided revenue estimates for CVI’s current fiscal year. The highest revenue estimate was $9.08B, while the lowest revenue estimate was $7.53B, resulting in an average revenue estimate of $8.22B. In the same quarter a year ago, actual revenue was $9.25B, down -11.10% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $8.01B in the next fiscal year. The high estimate is $9.25B and the low estimate is $7.43B. The average revenue growth estimate for next year is down -2.60% from the average revenue estimate for this year.
