CVR Refining, LP (CVRR) Reaches $16.88 After 3.00% Down Move; Advanced Emissions Solutions (ADES) Has 1.94 Sentiment

January 18, 2018 - By Dolores Ford

The stock of CVR Refining, LP (NYSE:CVRR) is a huge mover today! The stock decreased 2.17% or $0.375 during the last trading session, reaching $16.875. About 334,589 shares traded. CVR Refining, LP (NYSE:CVRR) has declined 2.95% since January 18, 2017 and is downtrending. It has underperformed by 19.65% the S&P500.The move comes after 5 months negative chart setup for the $2.49B company. It was reported on Jan, 18 by Barchart.com. We have $16.37 PT which if reached, will make NYSE:CVRR worth $74.73M less.

Advanced Emissions Solutions, Inc., together with its subsidiaries, provides clean coal technology and the associated specialty chemicals serving the coal-fueled power plant industry in the United States. The company has market cap of $173.15 million. It operates in two divisions, Refined Coal and Emissions Control. It has a 1.87 P/E ratio. The firm offers Activated Carbon Injection systems to reduce mercury emissions over a range of plant configurations and coal types; Dry Sorbent Injection (DSI) systems to reduce emissions of sulfur dioxide and other acid gases, such as sulfur trioxide and hydrogen chloride; and ADAir-Mixer that alters flue gas flow to enhance mixing and optimize particle dispersion to reduce sorbent consumption for DSI and ACI systems.

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 $51.67M for 12.05 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.

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 has $27 highest and $5 lowest target. $12.21’s average target is -27.64% below currents $16.875 stock price. CVR Refining LP had 33 analyst reports since July 24, 2015 according to SRatingsIntel. As per Wednesday, November 15, the company rating was downgraded by UBS. Barclays Capital maintained CVR Refining, LP (NYSE:CVRR) rating on Tuesday, January 12. Barclays Capital has “Overweight” rating and $26.0 target. Barclays Capital upgraded CVR Refining, LP (NYSE:CVRR) on Tuesday, November 14 to “Equal-Weight” rating. The company was upgraded on Thursday, November 10 by Credit Suisse. JP Morgan upgraded the stock to “Overweight” rating in Wednesday, December 7 report. The stock of CVR Refining, LP (NYSE:CVRR) has “Neutral” rating given on Tuesday, June 20 by Credit Suisse. On Friday, July 1 the stock rating was downgraded by Piper Jaffray to “Underweight”. The stock of CVR Refining, LP (NYSE:CVRR) earned “Neutral” rating by Goldman Sachs on Monday, January 23. The rating was maintained by Credit Suisse with “Neutral” on Monday, April 11. The stock has “Neutral” rating by JP Morgan on Friday, October 28.

CVR Refining, LP operates as an independent petroleum refiner and marketer of transportation fuels in the United States. The company has market cap of $2.49 billion. It owns and operates a complex full coking medium-sour crude oil refinery in Coffeyville, Kansas. It has a 23.24 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.

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. First Trust Limited Partnership stated it has 52,537 shares. Hite Hedge Asset has 3.25% invested in CVR Refining, LP (NYSE:CVRR) for 1.28M shares. The Minnesota-based Ameriprise Inc has invested 0% in CVR Refining, LP (NYSE:CVRR). Susquehanna International Llp invested in 58,400 shares or 0% of the stock. Art Limited Liability reported 67,061 shares. Lpl Fincl Lc holds 0% or 59,761 shares in its portfolio. Group Inc One Trading Ltd Partnership holds 0% or 22,619 shares. Citigroup accumulated 0% or 20,908 shares. Walleye Trading has invested 0% of its portfolio in CVR Refining, LP (NYSE:CVRR). Rbf holds 20,600 shares. Wells Fargo Company Mn reported 0% in CVR Refining, LP (NYSE:CVRR). Horizon Kinetics Ltd Liability stated it has 0.01% of its portfolio in CVR Refining, LP (NYSE:CVRR). Parkwood Ltd Liability Com has 0.21% invested in CVR Refining, LP (NYSE:CVRR) for 141,000 shares. Tower Rech Cap Llc (Trc) owns 8,272 shares for 0.01% of their portfolio. Us Natl Bank De stated it has 0% of its portfolio in CVR Refining, LP (NYSE:CVRR).

Ratings analysis reveals 100% of ADA-ES’s analysts are positive. Out of 2 Wall Street analysts rating ADA-ES, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $1800 while the high is $20.0. The stock’s average target of $19 is 131.43% above today’s ($8.21) share price. ADES was included in 2 notes of analysts from August 9, 2017. The rating was maintained by H.C. Wainwright with “Buy” on Wednesday, August 9. The stock has “Buy” rating by Canaccord Genuity on Tuesday, September 26.

Analysts await Advanced Emissions Solutions, Inc. (NASDAQ:ADES) to report earnings on March, 12. They expect $0.33 EPS, down 45.90% or $0.28 from last year’s $0.61 per share. ADES’s profit will be $6.96M for 6.22 P/E if the $0.33 EPS becomes a reality. After $0.28 actual EPS reported by Advanced Emissions Solutions, Inc. for the previous quarter, Wall Street now forecasts 17.86% EPS growth.

The stock decreased 0.97% or $0.08 during the last trading session, reaching $8.21. About 64,295 shares traded. Advanced Emissions Solutions, Inc. (ADES) has risen 38.54% since January 18, 2017 and is uptrending. It has outperformed by 21.84% the S&P500.

Coliseum Capital Management Llc holds 7.59% of its portfolio in Advanced Emissions Solutions, Inc. for 931,808 shares. Greywolf Capital Management Lp owns 1.43 million shares or 4.72% of their US portfolio. Moreover, Price Michael F has 1.22% invested in the company for 800,000 shares. The Indiana-based Ami Investment Management Inc has invested 1.1% in the stock. Kestrel Investment Management Corp, a California-based fund reported 284,700 shares.

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