The stock of CVR Energy Inc (NYSE: CVI) has increased by 1.74 when compared to last closing price of 21.25. Despite this, the company has experienced a 16.30% gain in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-09 that SUNNY ISLES BEACH, Fla., Jan. 9, 2025 /PRNewswire/ — Icahn Enterprises L.P.
Is It Worth Investing in CVR Energy Inc (NYSE: CVI) Right Now?
CVR Energy Inc (NYSE: CVI) has a higher price-to-earnings ratio of 31.04x compared to its average ratio. CVI has 36-month beta value of 1.59. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 1 as “sell.”
The public float for CVI is 32.96M, and currently, short sellers hold a 13.06% ratio of that float. The average trading volume of CVI on January 17, 2025 was 1.65M shares.
CVI’s Market Performance
The stock of CVR Energy Inc (CVI) has seen a 16.30% increase in the past week, with a 14.33% rise in the past month, and a -6.77% fall in the past quarter. The volatility ratio for the week is 4.27%, and the volatility levels for the past 30 days are at 3.54% for CVI. The simple moving average for the past 20 days is 14.46% for CVI’s stock, with a -12.62% simple moving average for the past 200 days.
Analysts’ Opinion of CVI
Mizuho, on the other hand, stated in their research note that they expect to see CVI reach a price target of $27. The rating they have provided for CVI stocks is “Neutral” according to the report published on July 17th, 2024.
CVI Trading at 15.34% from the 50-Day Moving Average
After a stumble in the market that brought CVI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.21% of loss for the given period.
Volatility was left at 3.54%, however, over the last 30 days, the volatility rate increased by 4.27%, as shares surge +16.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +35.38% upper at present.
During the last 5 trading sessions, CVI rose by +16.30%, which changed the moving average for the period of 200-days by -41.12% in comparison to the 20-day moving average, which settled at $18.89. In addition, CVR Energy Inc saw 15.37% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CVI starting from ICAHN CARL C, who purchase 878,212 shares at the price of $18.25 back on Jan 08 ’25. After this action, ICAHN CARL C now owns 67,570,593 shares of CVR Energy Inc, valued at $16,027,369 using the latest closing price.
Stock Fundamentals for CVI
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.04 for the gross margin
The net margin for CVR Energy Inc stands at 0.01. The total capital return value is set at 0.07. Equity return is now at value 8.58, with 1.69 for asset returns.
Based on CVR Energy Inc (CVI), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 2.36. The interest coverage ratio of the stock is 2.83.
Currently, EBITDA for the company is 1.44 billion with net debt to EBITDA at 2.28. When we switch over and look at the enterprise to sales, we see a ratio of 0.41. The receivables turnover for the company is 27.99for trailing twelve months and the total asset turnover is 2.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.33.
Conclusion
To put it simply, CVR Energy Inc (CVI) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
