CVR Energy Inc [CVI] stock prices are down -2.50% to $21.08 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CVI shares have gain 11.24% over the last week, with a monthly amount glided 13.76%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
CVR Energy Inc [NYSE: CVI] stock has seen the most recent analyst activity on September 09, 2024, when Tudor Pickering Holt & Co. downgraded its rating to a Sell. Previously, Mizuho started tracking the stock with Neutral rating on July 17, 2024, and set its price target to $27. On January 16, 2024, downgrade downgraded it’s rating to Sector Underperform. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $36 on March 09, 2023. Wolfe Research downgraded its rating to a Peer Perform. Scotiabank upgraded its rating to Sector Perform for this stock on January 13, 2022, and upped its price target to $20. In a note dated January 07, 2022, Wolfe Research upgraded an Outperform rating on this stock but restated the target price of $25.
The stock price of CVR Energy Inc [CVI] has been fluctuating between $15.60 and $38.07 over the past year. Currently, Wall Street analysts expect the stock to reach $17.67 within the next 12 months. CVR Energy Inc [NYSE: CVI] shares were valued at $21.08 at the most recent close of the market. An investor can expect a potential drop of -16.18% based on the average CVI price forecast.
Analyzing the CVI fundamentals
The CVR Energy Inc [NYSE:CVI] reported sales of 7.87B for trailing twelve months, representing a drop of -27.32%. Gross Profit Margin for this corporation currently stands at 0.04% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.09 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.36.
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 20.72 points at the first support level, and at 20.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.51, and for the 2nd resistance point, it is at 21.95.
Ratios To Look Out For
It’s worth pointing out that CVR Energy Inc [NYSE:CVI]’s Current Ratio is 1.33. As well, the Quick Ratio is 0.86, while the Cash Ratio is 0.51. Considering the valuation of this stock, the price to sales ratio is 0.27, the price to book ratio is 3.14 and price to earnings (TTM) ratio is 30.27.
Transactions by insiders
Recent insider trading involved ICAHN CARL C, 10% Owner, that happened on Jan 08 ’25 when 0.88 million shares were purchased.
