Analysts See $0.45 EPS for CVR Refining LP (CVRR)

July 18, 2017 - By reb123z

 Analysts See $0.45 EPS for CVR Refining LP (CVRR)
Investors sentiment increased to 1.24 in 2016 Q4. Its up 0.56, from 0.68 in 2016Q3. It is positive, as 15 investors sold CVR Refining LP shares while 14 reduced holdings. 22 funds opened positions while 14 raised stakes. 13.30 million shares or 2.08% less from 13.58 million shares in 2016Q3 were reported.
California Pub Employees Retirement Sys has 101,200 shares. Pnc Fin Serv Group Inc Inc accumulated 18,550 shares. Walthausen And Co Limited Company stated it has 0.2% in CVR Refining LP (NYSE:CVRR). Federated Investors Inc Pa, a Pennsylvania-based fund reported 313,471 shares. Stifel Fincl has 0% invested in CVR Refining LP (NYSE:CVRR) for 27,441 shares. Lpl Fincl Limited Liability invested in 0.01% or 63,168 shares. Goldman Sachs Group holds 0% of its portfolio in CVR Refining LP (NYSE:CVRR) for 1.23M shares. Us Natl Bank De reported 1,500 shares. Architects accumulated 350 shares or 0% of the stock. Citigroup Incorporated stated it has 38,948 shares. Bnp Paribas Arbitrage Sa has 48,590 shares for 0% of their portfolio. Moreover, Sumitomo Mitsui Trust has 0% invested in CVR Refining LP (NYSE:CVRR) for 45,000 shares. North Star Investment holds 0% or 1,400 shares in its portfolio. Harvey Prns Limited Liability invested in 100,236 shares or 1.09% of the stock. Bancorp Of Mellon holds 255,660 shares.

Wall Street await CVR Refining LP (NYSE:CVRR) to release earnings on July, 27. Analysts forecast EPS of $0.45, down exactly $0.08 or 15.09 % from 2014’s $0.53 EPS. The expected CVRR’s profit could reach $66.63 million giving the stock 5.03 P/E in the case that $0.45 earnings per share is reported. After posting $0.45 EPS for the previous quarter, CVR Refining LP’s analysts now forecast 0.00 % EPS growth. It closed at $9.05 lastly. It is down 2.95% since July 18, 2016 and is downtrending. It has underperformed by 19.65% the S&P500.

CVR Refining LP (NYSE:CVRR) Ratings Coverage

Among 10 analysts covering CVR Refining LP (NYSE:CVRR), 2 have Buy rating, 1 Sell and 7 Hold. Therefore 20% are positive. CVR Refining LP had 28 analyst reports since July 24, 2015 according to SRatingsIntel. The company was initiated on Friday, July 24 by Macquarie Research. The firm earned “Neutral” rating on Wednesday, October 21 by Citigroup. The firm has “Underweight” rating given on Friday, September 16 by Piper Jaffray. The stock of CVR Refining LP (NYSE:CVRR) earned “Overweight” rating by Barclays Capital on Tuesday, August 2. The stock has “Neutral” rating by UBS on Thursday, May 19. The rating was upgraded by Piper Jaffray on Friday, November 18 to “Neutral”. Barclays Capital upgraded CVR Refining LP (NYSE:CVRR) on Monday, October 12 to “Overweight” rating. The stock of CVR Refining LP (NYSE:CVRR) has “Neutral” rating given on Wednesday, September 14 by Citigroup. maintained it with “Underweight” rating and $9 target in Monday, October 10 report. The firm has “Underweight” rating by Piper Jaffray given on Friday, July 1.

CVR Refining, LP is an independent downstream energy limited partnership with refining and related logistics assets that operates in the mid-continent region. The company has market cap of $1.34 billion. The Firm is a petroleum refiner. It has a 8.89 P/E ratio. It owned and operated a complex full coking medium-sour crude oil refinery in Coffeyville, Kansas with a rated capacity of 115,000 barrels per calendar day and a complex crude oil refinery in Wynnewood, Oklahoma with a rated capacity of 70,000 bpcd capable of processing 20,000 bpcd of light sour crude oils (within its rated capacity of 70,000 bpcd), as of December 31, 2016.

More notable recent CVR Refining LP (NYSE:CVRR) news were published by: Seekingalpha.com which released: “CVR Refining, LP’s (CVRR) CEO John Lipinski on Q1 2017 Results – Earnings Call …” on April 27, 2017, also Prnewswire.com with their article: “CVR Refining Announces 2017 Second Quarter Earnings Call” published on July 13, 2017, Nasdaq.com published: “CVR Refining Enters Oversold Territory (CVRR)” on June 21, 2017. More interesting news about CVR Refining LP (NYSE:CVRR) were released by: Nasdaq.com and their article: “Is CVR Refining a Great Stock for Value Investors?” published on July 10, 2017 as well as Fool.com‘s news article titled: “CVR Refining LP Soars After Top Investor Icahn Takes a Trump Administration Role” with publication date: December 22, 2016.

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