Mizuho slashes price target on CVR Energy Inc [CVI] – find out why.

CVR Energy Inc [NYSE: CVI] closed the trading session at $22.72.

The stocks have a year to date performance of -25.02 percent and weekly performance of -7.11 percent. The stock has been moved at -29.44 percent over the last six months. The stock has performed -8.24 percent around the most recent 30 days and changed -14.75 percent over the most recent 3-months.

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

If compared to the average trading volume of 1.11M shares, CVI reached to a volume of 2685110 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to 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 $26.50 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 3.86. 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.

Mizuho have made an estimate for CVR Energy Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 17, 2024. The new note on the price target was released on January 16, 2024, representing the official price target for CVR Energy Inc stock. Previously, the target price had yet another raise to $36, while UBS analysts kept a Neutral rating on CVI stock.

The Average True Range (ATR) for CVR Energy Inc is set at 0.94, with the Price to Sales ratio for CVI stock in the period of the last 12 months amounting to 0.27. The Price to Book ratio for the last quarter was 2.69, with the Price to Cash per share for the same quarter was set at 5.83. Price to Free Cash Flow for CVI in the course of the last twelve months was 5.75 with Quick ratio for the last quarter at 0.93.

CVI stock trade performance evaluation

CVR Energy Inc [CVI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.11. With this latest performance, CVI shares dropped by -8.24% in over the last four-week period, additionally sinking by -29.44% over the last 6 months – not to mention a drop of -31.22% 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 33.08, with the RSI for the last a single of trading hit 27.92, and the three-weeks RSI is set at 36.05 for CVR Energy Inc [CVI]. The present Moving Average for the last 50 days of trading for this stock 25.48, while it was recorded at 24.47 for the last single week of trading, and 30.21 for the last 200 days.

CVR Energy Inc [CVI]: An insightful look at the core fundamentals

CVR Energy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.93 and a Current Ratio set at 1.46.

CVR Energy Inc [CVI]: Institutional Ownership

There are presently around $104.40%, or 104.40%% of CVI stock, in the hands of institutional investors. The top three institutional holders of CVI stocks are: ICAHN CARL C with ownership of 66.69 million shares, which is approximately 66.3606%. PACER ADVISORS, INC., holding 6.76 million shares of the stock with an approximate value of $$181.06 million in CVI stocks shares; and PACER ADVISORS, INC., currently with $$133.83 million in CVI stock with ownership which is approximately 4.9744%.