While CVR Energy Inc has overperformed by 3.46%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CVI rose by 12.86%, with highs and lows ranging from $36.47 to $20.94, whereas the simple moving average jumped by 8.79% in the last 200 days.
On January 16, 2024, Scotiabank Downgraded CVR Energy Inc (NYSE: CVI) to Sector Underperform. A report published by UBS on March 09, 2023, Initiated its previous ‘Neutral’ rating for CVI. Scotiabank January 13, 2022d the rating to Sector Perform on January 13, 2022, and set its price target from $12 to $20. Wolfe Research January 07, 2022d its ‘Peer Perform’ rating to ‘Outperform’ for CVI, as published in its report on January 07, 2022. JP Morgan’s report from December 09, 2021 suggests a price prediction of $19 for CVI shares, giving the stock a ‘Underweight’ rating. Credit Suisse also rated the stock as ‘Neutral’.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Analysis of CVR Energy Inc (CVI)
A return on investment can be expected regardless of CVI’s performance over the next quarter with the dividend set at $2.00 per share. Further, the quarter-over-quarter decrease in sales is -17.81%, showing a negative trend in the upcoming months.
To gain a thorough understanding of CVR Energy Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 111.61% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.94, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and CVI is recording an average volume of 938.92K. On a monthly basis, the volatility of the stock is set at 3.48%, whereas on a weekly basis, it is put at 3.53%, with a gain of 2.19% over the past seven days. Furthermore, long-term investors anticipate a median target price of $31.60, showing decline from the present price of $33.18, which can serve as yet another indication of whether CVI is worth investing in or should be passed over.
How Do You Analyze CVR Energy Inc Shares?
A leading company in the Oil & Gas Refining & Marketing sector, CVR Energy Inc (CVI) is based in the USA. When comparing CVR Energy Inc shares with other companies under Energy, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 4.34, there is a growth in quarterly earnings of -18.75%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.00%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 105.33% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
CVI shares are owned by institutional investors to the tune of 105.33% at present.
