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Cvi stock forecast based on current trends
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Based on current trends, CVI stock forecast models are adjusting upward, factoring in resilient diesel margins. Institutional buying has increased by 4% over the past month, a sign that large funds see the refining sector as undervalued. The upcoming earnings release of CVR Energy will be of great interest to investors. The company's earnings report is expected on April 29, 2024. The company is forecasted to report an EPS of $0.13, showcasing a 90.97% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $1.98 billion, indicating a 13.5% decline compared to the corresponding quarter of the prior year. In this article we are going to estimate the intrinsic value of CVR Energy, Inc. ( NYSE:CVI ) by projecting its future cash flows and then discounting them to today's value. We will use the Discounted Cash Flow (DCF) model on this occasion. Before you think you won't be able to understand it, just read on! It's actually much less complex than you'd imagine. The CVI stock forecast shows relative strength compared to sector peers, with refinery gross margins topping regional benchmarks by approximately 180 basis points in recent quarters.