Covanta Holding Corporation (NYSE: CVA) open the trading on January 04, 2021, with great promise as it jumped 0.08% to $13.14. During the day, the stock rose to $13.60 and sunk to $13.04 before settling in for the price of $13.13 at the close. Taking a more long-term approach, CVA posted a 52-week range of $6.57-$16.13.
The Industrials Sector giants’ yearly sales growth during the last 5-year period was 2.10%. Meanwhile, its Annual Earning per share during the time was 47.10%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -93.50%. This publicly-traded company’s shares outstanding now amounts to $132.00 million, simultaneously with a float of $130.41 million. The organization now has a market capitalization sitting at $1.70 billion. At the time of writing, stock’s 50-day Moving Average stood at $11.71, while the 200-day Moving Average is $9.50.
Let’s gauge the efficiency of the firm, which has a total of 4000 employees. It has generated 467,500 per worker during the last fiscal year. Meanwhile, its income per employee was 2,500. The stock had 6.23 Receivables turnover and 0.49 Total Asset turnover. For the Profitability, stocks gross margin was +11.55, operating margin was +5.03 and Pretax Margin of -0.16.
Covanta Holding Corporation (CVA) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Waste Management industry. Covanta Holding Corporation’s current insider ownership accounts for 0.10%, in contrast to 80.90% institutional ownership. According to the most recent insider trade that took place on Nov 05, this organization’s President, Covanta Envir. Sol. sold 3,146 shares at the rate of 11.10, making the entire transaction reach 34,921 in total value, affecting insider ownership by 62,550. Preceding that transaction, on Jun 09, Company’s Director sold 6,000 for 10.36, making the whole transaction’s value amount to 62,172. This particular insider is now the holder of 13,567 in total.
Covanta Holding Corporation (CVA) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 9/29/2020 suggests? It has posted $0.04 earnings per share (EPS) beating the forecaster’s viewpoint (set at -$0.02) by $0.06. This company achieved a net margin of +0.53 while generating a return on equity of 2.32. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.
Covanta Holding Corporation’s EPS decrease for this current 12-month fiscal period is -93.50% and is forecasted to reach 0.00 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 15.00% through the next 5 years, which can be compared against the 47.10% growth it accomplished over the previous five years trading on the market.
Covanta Holding Corporation (NYSE: CVA) Trading Performance Indicators
Let’s observe the current performance indicators for Covanta Holding Corporation (CVA). It’s Quick Ratio in the last reported quarter now stands at 1.10. The Stock has managed to achieve an average true range (ATR) of 0.37. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.90. Similarly, its price to free cash flow for trailing twelve months is now 42.53.
In the same vein, CVA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.22, a figure that is expected to reach -0.02 in the next quarter, and analysts are predicting that it will be 0.00 at the market close of one year from today.
Technical Analysis of Covanta Holding Corporation (CVA)
During the previous 9 days, stock’s Stochastic %D was recorded 73.95% While, its Average True Range was 0.35.
Raw Stochastic average of Covanta Holding Corporation (CVA) in the period of the previous 100 days is set at 92.53%, which indicates a major rise in contrast to 59.11% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 22.65% that was lower than 48.66% volatility it exhibited in the past 100-days period.