Recent important negative changes in fundamentals have affected CVR Energy Inc (NYSE: CVI): the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Important negative changes in CVR Energy Inc (NYSE: CVI) investment behavior have recently occurred: the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
CVI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
CVR Energy has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. CVR Energy has a slightly positive Appreciation Score of 62 but a very low Power Rating of 6, resulting in the Negative Value Trend Rating.
Recent Price Action
CVR Energy Inc (NYSE: CVI) stock closed at $23.47 on 9/20/24 after a decline of -4.6%. Moreover, trading volume in this decline was exceptionally high at 306% of normal. The stock has risen 10.2% during the last week but has been weak relative to the market over the last nine months.
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