CVR Refining, LP (CVRR) Reaches $17.35 52-Week High; Nacco Industries (NC) Has 1.27 Sentiment

January 14, 2018 - By Kurt Siggers

NACCO Industries, Inc., through its subsidiaries, operates in the mining, small appliances, and specialty retail businesses worldwide. The company has market cap of $284.80 million. It mines coal for electric utilities, independent power providers, producers of activated carbon, and synfuels plants. It has a 6.43 P/E ratio. The firm also provides value-added services, such as maintaining and operating draglines for independently owned limerock quarries; ash hauling services for power plants and other facilities; coal handling, processing, and drying services; and surface and mineral acquisition, and lease maintenance services related to the company's operations.

The stock of CVR Refining, LP (NYSE:CVRR) hit a new 52-week high and has $18.91 target or 9.00% above today’s $17.35 share price. The 7 months bullish chart indicates low risk for the $2.56B company. The 1-year high was reported on Jan, 14 by If the $18.91 price target is reached, the company will be worth $230.49M more. The stock increased 3.89% or $0.65 during the last trading session, reaching $17.35. About 844,949 shares traded or 63.93% up from the average. CVR Refining, LP (NYSE:CVRR) has declined 2.95% since January 14, 2017 and is downtrending. It has underperformed by 19.65% the S&P500.

CVR Refining, LP operates as an independent petroleum refiner and marketer of transportation fuels in the United States. The company has market cap of $2.56 billion. It owns and operates a complex full coking medium-sour crude oil refinery in Coffeyville, Kansas. It has a 23.9 P/E ratio. The firm also controls and operates logistics assets, including approximately 340 miles of owned and leased pipelines; approximately 150 owned crude oil transports; a network of crude oil gathering tank farms; and approximately 6.4 million barrels of owned and leased crude oil storage capacity, as well as approximately 4.5 million barrels of combined refined products and feedstocks storage capacity.

Among 10 analysts covering CVR Refining LP (NYSE:CVRR), 1 have Buy rating, 2 Sell and 7 Hold. Therefore 10% are positive. CVR Refining LP had 33 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of CVR Refining, LP (NYSE:CVRR) earned “Neutral” rating by Citigroup on Wednesday, October 21. The rating was maintained by Citigroup on Monday, July 17 with “Neutral”. Barclays Capital maintained CVR Refining, LP (NYSE:CVRR) on Tuesday, January 12 with “Overweight” rating. As per Tuesday, November 14, the company rating was upgraded by Barclays Capital. JP Morgan downgraded the shares of CVRR in report on Friday, June 10 to “Underweight” rating. As per Wednesday, October 18, the company rating was maintained by Citigroup. The firm earned “Overweight” rating on Tuesday, August 2 by Barclays Capital. The rating was upgraded by Barclays Capital on Monday, October 12 to “Overweight”. The stock has “Neutral” rating by Credit Suisse on Tuesday, June 20. The stock has “Neutral” rating by Credit Suisse on Friday, February 19.

Analysts await CVR Refining, LP (NYSE:CVRR) to report earnings on February, 15. They expect $0.35 earnings per share, up 600.00% or $0.42 from last year’s $-0.07 per share. CVRR’s profit will be $51.66M for 12.39 P/E if the $0.35 EPS becomes a reality. After $0.47 actual earnings per share reported by CVR Refining, LP for the previous quarter, Wall Street now forecasts -25.53% negative EPS growth.

Investors sentiment decreased to 0.97 in Q3 2017. Its down 0.03, from 1 in 2017Q2. It dived, as 14 investors sold CVR Refining, LP shares while 16 reduced holdings. 6 funds opened positions while 23 raised stakes. 17.89 million shares or 13.50% more from 15.76 million shares in 2017Q2 were reported. Commercial Bank Of Montreal Can reported 40,700 shares. Numina Capital Mgmt Lc holds 0.25% or 188,500 shares in its portfolio. Hite Hedge Asset Mgmt Limited Liability Company accumulated 3.25% or 1.28M shares. Tower Rech Lc (Trc) reported 0.01% in CVR Refining, LP (NYSE:CVRR). Citigroup reported 0% stake. Morgan Stanley holds 0% or 1.22M shares in its portfolio. Wellington Group Llp holds 0% or 203,745 shares in its portfolio. Bessemer invested in 0% or 4,000 shares. Renaissance Techs Limited Liability Corporation has 0% invested in CVR Refining, LP (NYSE:CVRR). Bancorporation Of America De accumulated 837,088 shares or 0% of the stock. Raymond James And invested in 12,852 shares. Guggenheim Capital Ltd Limited Liability Company stated it has 0% of its portfolio in CVR Refining, LP (NYSE:CVRR). Federated Investors Pa accumulated 85,371 shares. Deutsche Bankshares Ag has invested 0% in CVR Refining, LP (NYSE:CVRR). Barclays Public Ltd Com stated it has 20,871 shares.

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