Stocks Turn Active on Retreated Views: CVR Partners (NYSE:UAN), Honeywell International (NYSE:HON)

CVR Partners, LP (NYSE:UAN) [Trend Analysis] retains strong position in active trade, as shares scoring -0.33% to $6.12 in a active trade session, while looking at the shares volume, around 458078 shares have changed hands in this session. CVR Partners, LP (UAN) reported that a fourth quarter 2016 net loss of $14.5 million, or 13 cents per common unit, on net sales of $84.9 million, compared to net income of $18.7 million, or 26 cents per common unit, on net sales of $66.0 million for the fourth quarter a year earlier.

Adjusted EBITDA, a non-GAAP financial measure, was $18.3 million for the fourth quarter of 2016, compared to adjusted EBITDA of $28.5 million for the fourth quarter of 2015. For full year 2016, CVR Partners had a net loss of $26.9 million, or 26 cents per common unit, on net sales of $356.3 million, compared to net income of $62.0 million, or 85 cents per common unit, on net sales of $289.2 million for full year 2015. Adjusted EBITDA for full year 2016 was $92.7 million compared to adjusted EBITDA of $106.8 million for the previous year.CVR Partners’ results for the three and 12 months ended Dec. 31, 2016, include the results of the East Dubuque fertilizer facility beginning April 1, 2016.

“We are pleased with the operating performance of our plants during the 2016 fourth quarter,” said Mark Pytosh, chief executive officer. “Both facilities continued to post high on-stream rates, with the East Dubuque ammonia and UAN units operating at nearly 100 percent. The firm has institutional ownership of 36.00%, while insider ownership included 0.10%. UAN attains analyst recommendation of 2.30 with week’s performance of 0.49%. Investors looking further ahead will note that the Price to next year’s EPS is 168.80%.

Honeywell International Inc. (NYSE:HON) [Trend Analysis] knocking active thrust in leading trading session, shares a loss of remains unchanged to 123.62 with around 3.1 Million shares have changed hands in this session. Honeywell (HON) that has been selected by India’s Jet Airways to provide its GoDirect Fuel Efficiency software, a part of the GoDirect Flight Services family of Connected Aircraft technologies, to reduce fuel use and costs for the airline. The offering provides a full range of data analysis, reporting and monitoring tools for enhanced fuel conservation.

Honeywell’s GoDirect Fuel Efficiency software analyzes data from more than 100 reports that integrate with existing airline systems through a user-friendly data interface. The service offers fuel-saving recommendations, which airlines can quickly deploy into existing or customized analytics reports and dashboards.

Honeywell’s technology will also help lower carbon emissions from international flights, in accordance with recent changes to the Paris Contract on reducing greenhouse gases. Existing users of the software have declared fuel savings of more than 2 percent annually. The stock is going forward its fifty-two week low with 24.09% and lagging behind from its 52-week high price with -0.15%.

Similar, the positive performance for the quarter recorded as 9.80% and for the year was 20.40%, while the YTD performance remained at 6.71%. HON has Average True Range for 14 days of 1.23.

 

About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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