For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $33.93 in the prior trading day, CVR Energy Inc (NYSE: CVI) closed at $33.41, down -1.53%. In other words, the price has decreased by -$1.53 from its previous closing price. On the day, 0.56 million shares were traded. CVI stock price reached its highest trading level at $34.18 during the session, while it also had its lowest trading level at $33.34.
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 5.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.52. 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 3358740736 and an Enterprise Value of 5202727424. As of this moment, CVR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.37, and their Forward P/E ratio for the next fiscal year is 13.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 3.97. Its current Enterprise Value per Revenue stands at 0.563 whereas that against EBITDA is 3.656.
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 -3.78%, while the 200-Day Moving Average is calculated to be 3.50%.
Shares Statistics:
The stock has traded on average 909.21K shares per day over the past 3-months and 686440 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 105.51% stake in the company. Shares short for CVI as of 1711584000 were 6499753 with a Short Ratio of 7.15, compared to 1709164800 on 6388651. Therefore, it implies a Short% of Shares Outstanding of 6499753 and a Short% of Float of 22.16.
Dividends & Splits
In the trailing 12 months, CVI’s forward annual dividend rate was 2.0, compared to 2.00 this year. The stock’s 5-year Average Dividend Yield is 8.85.
Earnings Estimates
The company has Chevron Corporation analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $68.60, with high estimates of $346.08 and low estimates of $1.50.
Analysts are recommending an EPS of between $Healthcare and $Healthcare for the fiscal current year, implying an average EPS of $Healthcare.
