CVR Energy (CVI) Upgraded by Zacks Investment Research to Buy

CVR Energy stock has undergone multiple analysts rating changes in the recent past.  CVR Energy Upgraded by Zacks Investment Research on 10-11-21. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.

Shares of CVR Energy traded up $0.89 on Monday, reaching $19.67. 1169470 shares of the stock traded hands, compared to its average volume of 774002. Shares of CVR Energy were trading at $19.67 on Monday. The firm’s 50 day moving average is $14.30 and its 200 day moving average is $18.21.CVR Energy has a 12 month low of $19.12 and a 12 month high of $27.02. While on yearly highs and lows, CVR Energy’s today has traded high as $20.12 and has touched $19.12 on the downward trend. See More Analyst Rating at: RATING

CVR Energy Earnings and What to expect: 

CVR Energy last issued its quarterly earnings results on August 1st, 2021. The oil and gas company reported ($0.32) EPS for the quarter, beating analysts’ consensus estimates of ($0.60) by $0.28. The business earned $1.78 billion during the quarter, compared to analyst estimates of $1.14 billion. CVR Energy has generated ($2.29) earnings per share over the last year (($2.08) diluted earnings per share). Earnings for CVR Energy are expected to grow in the coming year, from ($2.10) to $0.40 per share. CVR Energy has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, November 1st, 2021 based off prior year’s report dates.

Earnings for CVR Energy are expected to grow in the coming year, from ($2.10) to $0.40 per share. The P/E ratio of CVR Energy is -9.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of CVR Energy is -9.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. CVR Energy has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

CVR Energy (CVI) Moving Average Technical Analysis

5 day Moving Average is $18.08 And 5 day price change is $2.38 (13.77%)  with average volume for 5 day average is 930,700. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $15.91 and 20 day price change is $5.76 (41.41%) and average 20 day moving volume is 838,300. 50 day moving average is $14.30  and 50 day price change is $6.01 ( 44.00%)  and with average volume for 50 days is : 832,340. 200 day moving average is $18.21  and 200 day price change is $4.73 (31.66%)  and with average volume for 200 days is : 765,548.

Other owners latest trading in CVR Energy :

  • On 9/3/2021 shares held by Parametric Portfolio Associates LLC were 448,276 which equates to market value of $8.05M and appx 0.00% owners of CVR Energy
  • On 8/23/2021 shares held by Morgan Stanley were 294,960 which equates to market value of $5.30M and appx 0.00% owners of CVR Energy
  • On 8/17/2021 shares held by Wells Fargo & Company MN were 4,617 which equates to market value of $84K and appx 0.00% owners of CVR Energy
  • In total Institutional ownership equates to Institutional Ownership Percentage: 91.31% for CVR Energy

See More Analyst Rating at: RATING