CVR Energy (CVI) Projected to Post Quarterly Earnings on Monday

CVR Energy (NYSE:CVI - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Monday, April 28th. Analysts expect the company to announce earnings of ($0.65) per share and revenue of $1.61 billion for the quarter.

CVR Energy (NYSE:CVI - Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th. The oil and gas company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.12). CVR Energy had a negative return on equity of 5.12% and a net margin of 0.09%. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.85 billion. On average, analysts expect CVR Energy to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

CVR Energy Trading Down 3.2 %

Shares of NYSE:CVI traded down $0.59 on Wednesday, reaching $17.89. 1,055,639 shares of the company traded hands, compared to its average volume of 1,238,899. CVR Energy has a 52 week low of $15.10 and a 52 week high of $34.08. The company has a current ratio of 1.66, a quick ratio of 0.86 and a debt-to-equity ratio of 2.15. The business's 50-day simple moving average is $18.84 and its 200 day simple moving average is $19.45. The stock has a market capitalization of $1.80 billion, a P/E ratio of 298.13 and a beta of 1.26.

Insider Buying and Selling

In other CVR Energy news, major shareholder Carl C. Icahn bought 206,571 shares of the stock in a transaction dated Monday, March 3rd. The stock was purchased at an average cost of $17.79 per share, for a total transaction of $3,674,898.09. Following the completion of the acquisition, the insider now owns 67,780,774 shares of the company's stock, valued at approximately $1,205,819,969.46. This trade represents a 0.31 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have bought a total of 1,463,876 shares of company stock valued at $25,440,929 over the last ninety days. Company insiders own 0.01% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on CVI shares. Mizuho raised their target price on shares of CVR Energy from $20.00 to $21.00 and gave the stock a "neutral" rating in a report on Tuesday, April 1st. The Goldman Sachs Group cut their price target on shares of CVR Energy from $19.00 to $16.00 and set a "sell" rating on the stock in a report on Thursday, March 27th. Scotiabank lowered their price objective on shares of CVR Energy from $22.00 to $16.00 and set a "sector underperform" rating for the company in a research note on Friday, April 11th. Finally, StockNews.com upgraded shares of CVR Energy from a "sell" rating to a "hold" rating in a report on Wednesday, February 19th. Five analysts have rated the stock with a sell rating and three have issued a hold rating to the company's stock. Based on data from MarketBeat, CVR Energy presently has an average rating of "Reduce" and an average price target of $21.20.

CVR Energy Company Profile

CVR Energy, Inc, together with its subsidiaries, engages in the petroleum refining and marketing, and nitrogen fertilizer manufacturing activities in the United States. It operates in two segments, Petroleum and Nitrogen Fertilizer. The Petroleum segment refines and supplies gasoline, crude oil, distillate, diesel fuel, and other refined products.