Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $29.43 in the prior trading day, CVR Energy Inc (NYSE: CVI) closed at $29.49, up 0.20%. In other words, the price has increased by $0.20 from its previous closing price. On the day, 1.37 million shares were traded. CVI stock price reached its highest trading level at $29.895 during the session, while it also had its lowest trading level at $28.78.
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 4.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.42. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 1.49. In the meantime, Its Debt-to-Equity ratio is 1.83 whereas as Long-Term Debt/Eq ratio is at 1.81.
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 2964659200 and an Enterprise Value of 4143647488. 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 13.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 3.37. Its current Enterprise Value per Revenue stands at 0.47 whereas that against EBITDA is 3.383.
Stock Price History:
The Beta on a monthly basis for CVI is 1.63, which has changed by 0.190534 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. 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 -13.64%, while the 200-Day Moving Average is calculated to be -9.30%.
Shares Statistics:
The stock has traded on average 930.92K shares per day over the past 3-months and 1000740 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 105.55% stake in the company. Shares short for CVI as of 1713139200 were 6159690 with a Short Ratio of 6.62, compared to 1710460800 on 6854665. Therefore, it implies a Short% of Shares Outstanding of 6159690 and a Short% of Float of 18.200001.
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 0.06795786The stock’s 5-year Average Dividend Yield is 8.85.
