CVR Energy Inc (NYSE: CVI) has reported a loss for its third fiscal quarter (ending September 30) of $-1.24 versus $3.51 for the same period a year ago — a decline of -135%. For the latest four quarters through September 30, E.P.S. were $0.69 versus $7.85 for the same period a year ago — a decline of -91%.
Recent Price Action
CVR Energy Inc (NYSE: CVI) stock closed at $23.82 on 10/28/24 after a slight gain of 0.3%. NORMAL trading volume accompanied the advance. Relative to the market the stock has been extremely weak over the last nine months and has declined -2.9% during the last week.
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 F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. CVR Energy has a neutral Appreciation Score of 55 but a very low Power Rating of 5, producing the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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