As on July 14, 2021, Covanta Holding Corporation (NYSE: CVA) got off with the flyer as it spiked 7.37% to $19.95. During the day, the stock rose to $20.00 and sunk to $19.85 before settling in for the price of $18.58 at the close. Taking a more long-term approach, CVA posted a 52-week range of $7.44-$18.94.In the past 5-years timespan, the Industrials sector firm’s annual sales growth was 3.00%. Meanwhile, its Annual Earning per share during the time was -19.30%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -382.10%. This publicly-traded company’s shares outstanding now amounts to $132.00 million, simultaneously with a float of $131.30 million. The organization now has a market capitalization sitting at $2.61 billion. At the time of writing, stock’s 50-day Moving Average stood at $16.35, while the 200-day Moving Average is $13.55.
If we measure the efficiency of the company that is accounted for 4000 employees. It has generated 476,000 per worker during the last fiscal year. Meanwhile, its income per employee was -7,000. The stock had 6.95 Receivables turnover and 0.50 Total Asset turnover. For the Profitability, stocks gross margin was +11.03, operating margin was +5.04 and Pretax Margin of -2.63.
Covanta Holding Corporation (CVA) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Waste Management industry. Covanta Holding Corporation’s current insider ownership accounts for 0.90%, in contrast to 87.30% 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.
Covanta Holding Corporation (CVA) Earnings and Revenue Records
This company achieved a net margin of -1.47 while generating a return on equity of -8.16.
Covanta Holding Corporation’s EPS decrease for this current 12-month fiscal period is -382.10% and is forecasted to reach 0.27 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 -19.30% 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 0.58. Alongside those numbers, its PE Ratio stands at $453.41, and its Beta score is 1.45. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.35. Similarly, its price to free cash flow for trailing twelve months is now 153.50.
In the same vein, CVA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.04, a figure that is expected to reach 0.01 in the next quarter, and analysts are predicting that it will be 0.27 at the market close of one year from today.
Technical Analysis of Covanta Holding Corporation (CVA)
Through scrutinizing the latest numbers posted by the [Covanta Holding Corporation, CVA], it can be observed that its last 5-days Average volume of 6.44 million was better the volume of 1.14 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 88.18% While, its Average True Range was 0.58.
Raw Stochastic average of Covanta Holding Corporation (CVA) in the period of the previous 100 days is set at 99.28%, which indicates a major rise in contrast to 98.11% 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 38.98% that was lower than 40.64% volatility it exhibited in the past 100-days period.