With 0.77 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.15 million shares. The 52-week range on CVI shows that it touched its highest point at $30.44 and its lowest point at $15.10 during that stretch. It currently has a 1-year price target of $19.83. With its current market cap of 2.41 billion, CVI has annualized dividend of $1.00 while the current yield stands at 4.17%. Beta for the stock currently stands at 1.16.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CVI was up-trending over the past week, with a rise of 8.75%, but this was up by 30.40% over a month. Three-month performance surged to 29.69% while six-month performance rose 27.62%. The stock lost -17.02% in the past year, while it has gained 27.96% so far this year. A look at the trailing 12-month EPS for CVI yields -1.97 with Next year EPS estimates of 1.31. For the next quarter, that number is 0.10. This implies an EPS growth rate of 68.73% for this year and 919.78% for next year.
Float and Shares Shorts:
At present, 100.53 million CVI shares are outstanding with a float of 30.11 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CVI since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.62138 being high and -$1.18627 being low. For CVI, this leads to a yearly average estimate of -$0.97161. Based on analyst estimates, the high estimate for the next quarter is $0.44 and the low estimate is $0.03. The average estimate for the next quarter is thus $0.2.
