CVR Energy, Inc. (NYSE:CVI) has been assigned an average broker rating score of 0.00 () from the zero analysts that cover the stock, Zacks Investment Research reports.
Zacks has also assigned CVR Energy an industry rank of 204 out of 265 based on the ratings given to its competitors.
Separately, BidaskClub upgraded shares of CVR Energy from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th.
Shares of CVR Energy (NYSE CVI) traded up 5.22% during mid-day trading on Wednesday, reaching $22.76. The company’s stock had a trading volume of 701,266 shares. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of 31.52 and a beta of 1.75. The firm’s 50 day moving average price is $20.88 and its 200-day moving average price is $21.41. CVR Energy has a 1-year low of $12.03 and a 1-year high of $25.91.
CVR Energy (NYSE:CVI) last posted its earnings results on Thursday, April 27th. The oil and gas company reported $0.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.32. The business had revenue of $1.51 billion for the quarter. CVR Energy had a net margin of 2.53% and a return on equity of 10.51%. On average, analysts predict that CVR Energy will post $0.46 EPS for the current year.
Several hedge funds and other institutional investors have recently bought and sold shares of CVI. Public Employees Retirement System of Ohio raised its position in CVR Energy by 6.0% in the first quarter. Public Employees Retirement System of Ohio now owns 9,293 shares of the oil and gas company’s stock valued at $187,000 after buying an additional 530 shares during the period. Russell Investments Group Ltd. acquired a new position in CVR Energy during the fourth quarter valued at approximately $229,000. US Bancorp DE raised its position in CVR Energy by 23.2% in the first quarter. US Bancorp DE now owns 11,065 shares of the oil and gas company’s stock valued at $222,000 after buying an additional 2,085 shares during the period. American International Group Inc. raised its position in CVR Energy by 5.9% in the first quarter. American International Group Inc. now owns 11,285 shares of the oil and gas company’s stock valued at $227,000 after buying an additional 628 shares during the period. Finally, Zweig DiMenna Associates LLC acquired a new position in CVR Energy during the first quarter valued at approximately $251,000. 97.55% of the stock is owned by institutional investors and hedge funds.
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CVR Energy Company Profile
CVR Energy, Inc (CVR Energy) is a holding company. The Company is engaged in the petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP (CVR Refining or the Refining Partnership) and CVR Partners LP (CVR Partners or the Nitrogen Fertilizer Partnership). It operates under two business segments: petroleum (the petroleum and related businesses operated by the Refining Partnership) and nitrogen fertilizer (the nitrogen fertilizer business operated by the Nitrogen Fertilizer Partnership).
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