CVR Energy Inc. [CVI] fell -66.14% so far this year. What now?

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CVR Energy Inc. [NYSE: CVI] traded at a high on 11/09/20, posting a 31.51 gain after which it closed the day’ session at $13.69. The company report on November 3, 2020 that CVR Energy, Inc. to Host Earnings Call.

NEW YORK, NY / ACCESSWIRE / November 3, 2020 / CVR Energy, Inc. (NYSE:CVI) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on November 3, 2020 at 1:00 PM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/event/presentation/69987.

The results of the trading session contributed to over 1734709 shares changing hands. Over the past one week, the price volatility of CVR Energy Inc. stands at 8.29% while the volatility over the past one month is 6.12%.

The market cap for CVI stock reached $1.45 billion, with 100.50 million shares outstanding and 29.32 million shares in the current float. Compared to the average trading volume of 720.24K shares, CVI reached a trading volume of 1734709 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about CVR Energy Inc. [CVI]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CVI shares is $14.42 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CVI stock is a recommendation set at 3.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JP Morgan have made an estimate for CVR Energy Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 07, 2020. The new note on the price target was released on April 14, 2020, representing the official price target for CVR Energy Inc. stock. Previously, the target price had yet another drop from $40 to $16, while Credit Suisse kept a Underperform rating on CVI stock. On March 26, 2020, analysts decreased their price target for CVI shares from 18 to 12.

The Average True Range (ATR) for CVR Energy Inc. is set at 0.87, with the Price to Sales ratio for CVI stock in the period of the last 12 months amounting to 0.33. The Price to Book ratio for the last quarter was 1.27, with the Price to Cash per share for the same quarter was set at 6.36.

How has CVI stock performed recently?

CVR Energy Inc. [CVI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.91. With this latest performance, CVI shares gained by 3.87% in over the last four-week period, additionally sinking by -35.03% over the last 6 months – not to mention a drop of -70.88% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CVI stock in for the last two-week period is set at 61.79, with the RSI for the last a single of trading hit 68.65, and the three-weeks RSI is set at 55.82 for CVR Energy Inc. [CVI]. The present Moving Average for the last 50 days of trading for this stock 12.76, while it was recorded at 11.38 for the last single week of trading, and 19.47 for the last 200 days.

CVR Energy Inc. [CVI]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and CVR Energy Inc. [CVI] shares currently have an operating margin of +8.75 and a Gross Margin at +10.59. CVR Energy Inc.’s Net Margin is presently recorded at +5.97.

Return on Total Capital for CVI is now 18.73, given the latest momentum, and Return on Invested Capital for the company is 15.11. Return on Equity for this stock inclined to 28.80, with Return on Assets sitting at 9.71. When it comes to the capital structure of this company, CVR Energy Inc. [CVI] has a Total Debt to Total Equity ratio set at 89.23. Additionally, CVI Total Debt to Total Capital is recorded at 47.15, with Total Debt to Total Assets ending up at 31.77. Long-Term Debt to Equity for the company is recorded at 87.87, with the Long-Term Debt to Total Capital now at 46.43.

Reflecting on the efficiency of the workforce at the company, CVR Energy Inc. [CVI] managed to generate an average of $255,720 per employee. Receivables Turnover for the company is 35.85 with a Total Asset Turnover recorded at a value of 1.63.CVR Energy Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.20 and a Current Ratio set at 2.70.

Earnings analysis for CVR Energy Inc. [CVI]

With the latest financial reports released by the company, CVR Energy Inc. posted 0.59/share EPS, while the average EPS was predicted by analysts to be reported at 0.54/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 9.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CVI.

Insider trade positions for CVR Energy Inc. [CVI]

Positions in CVR Energy Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 68 institutional holders increased their position in CVR Energy Inc. [NYSE:CVI] by around 3,193,171 shares. Additionally, 108 investors decreased positions by around 4,396,167 shares, while 20 investors held positions by with 86,781,565 shares. The mentioned changes placed institutional holdings at 94,370,903 shares, according to the latest SEC report filing. CVI stock had 21 new institutional investments in for a total of 1,244,399 shares, while 53 institutional investors sold positions of 1,568,653 shares during the same period.

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