A share price of CVR Energy Inc [CVI] is currently trading at $27.40, up 3.09%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CVI shares have gain 11.02% over the last week, with a monthly amount glided 2.32%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
CVR Energy Inc [NYSE: CVI] stock has seen the most recent analyst activity on July 17, 2024, when Mizuho initiated its Neutral rating and assigned the stock a price target of $27. Previously, Scotiabank downgraded its rating to Sector Underperform on January 16, 2024. On March 09, 2023, UBS initiated with a Neutral rating and assigned a price target of $36 on the stock. Wolfe Research downgraded its rating to a Peer Perform. Scotiabank upgraded its rating to a Sector Perform and raised its price target to $20 on January 13, 2022. Wolfe Research upgraded its rating to Outperform for this stock on January 07, 2022, but kept the price target unchanged to $25. In a note dated December 09, 2021, JP Morgan downgraded an Underweight rating on this stock but restated the target price of $19.
CVR Energy Inc experienced fluctuations in its stock price throughout the past year between $23.93 and $38.07. Currently, Wall Street analysts expect the stock to reach $21.67 within the next 12 months. CVR Energy Inc [NYSE: CVI] shares were valued at $27.40 at the most recent close of the market. An investor can expect a potential drop of -20.91% based on the average CVI price forecast.
Analyzing the CVI fundamentals
Trailing Twelve Months sales for CVR Energy Inc [NYSE:CVI] were 8.82B which represents -18.50% decline. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.76 and Total Capital is 0.3. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.82.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.62 points at the first support level, and at 25.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.94, and for the 2nd resistance point, it is at 28.47.
Ratios To Look Out For
To put it in perspective, the Current Ratio for CVR Energy Inc [NYSE:CVI] is 1.49. Further, the Quick Ratio stands at 0.91, while the Cash Ratio is 0.62. Considering the valuation of this stock, the price to sales ratio is 0.31, the price to book ratio is 3.13 and price to earnings (TTM) ratio is 4.20.
Transactions by insiders
Recent insider trading involved ICAHN CARL C, 10% Owner, that happened on Sep 11 ’23 when 4.1 million shares were sold. 10% Owner, ICAHN CARL C completed a deal on Aug 23 ’23 to sell 9529.0 shares. Meanwhile, 10% Owner ICAHN CARL C sold 0.13 million shares on Aug 22 ’23.
