Media stories about CVR Partners, (NYSE:UAN) have been trending somewhat positive recently, according to Accern. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CVR Partners, earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned news headlines about the basic materials company an impact score of 46.3502209162161 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of CVR Partners, (UAN) traded up 6.71% on Monday, hitting $3.34. The stock had a trading volume of 599,670 shares. The company has a 50-day moving average of $3.02 and a 200 day moving average of $4.01. CVR Partners, has a 52 week low of $2.58 and a 52 week high of $6.95. The company’s market capitalization is $378.36 million.
CVR Partners, (NYSE:UAN) last issued its quarterly earnings results on Thursday, July 27th. The basic materials company reported ($0.03) EPS for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.04). The business had revenue of $97.90 million for the quarter, compared to analysts’ expectations of $117.15 million. CVR Partners, had a negative net margin of 12.03% and a negative return on equity of 6.74%. The business’s revenue was down 18.3% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.15) earnings per share. On average, equities research analysts predict that CVR Partners, will post ($0.29) EPS for the current year.
UAN has been the subject of a number of analyst reports. ValuEngine upgraded CVR Partners, from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st. Zacks Investment Research upgraded CVR Partners, from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 18th. TheStreet downgraded CVR Partners, from a “c-” rating to a “d+” rating in a research note on Thursday, May 25th. BidaskClub downgraded CVR Partners, from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 1st. Finally, Cowen and Company restated a “hold” rating and issued a $5.00 price target on shares of CVR Partners, in a research note on Tuesday, July 11th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $5.50.
CVR Partners, Company Profile
CVR Partners, LP is a limited partnership formed by CVR Energy, Inc (CVR Energy) to own, operate and grow its nitrogen fertilizer business. The Company produces and distributes nitrogen fertilizer products, which are used by farmers to manage the yield and quality of their crops. As of December 31, 2016, the Company produced its nitrogen fertilizer products at two manufacturing facilities, located in Coffeyville, Kansas and East Dubuque, Illinois.
Receive News & Ratings for CVR Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CVR Partners LP and related companies with MarketBeat.com's FREE daily email newsletter.