Covanta Holding Corporation is a waste management business based in the US. Covanta Holding Corporation shares (CVA) are listed on the NYSE and all prices are listed in US Dollars. Covanta Holding Corporation employs 4,000 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Covanta Holding Corporation
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- Research the stock. Find the stock by name or ticker symbol – CVA – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- CVA shares summary
- Compare share dealing platforms
- Is CVA stock a buy or sell?
- Stock performance over time
- Can I short CVA shares?
- Are CVA shares over-valued?
- Covanta Holding Corporation's financials
- How volatile are CVA shares?
- Does Covanta Holding Corporation pay a dividend?
- Other common questions
Covanta Holding Corporation stock price (NYSE: CVA)Use our graph to track the performance of CVA stocks over time.
Covanta Holding Corporation shares at a glance
|Latest market close||$14.81|
|52-week range||$7.30 - $20.16|
|50-day moving average||$17.66|
|200-day moving average||$15.17|
|Wall St. target price||$17.17|
|Dividend yield||$0.32 (1.59%)|
|Earnings per share (TTM)||$0.04|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Covanta Holding Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Covanta Holding Corporation price performance over time
|1 week (2021-07-15)||N/A|
|1 month (2021-06-25)||-16.47%|
|3 months (2021-04-26)||6.55%|
|6 months (2021-01-22)||N/A|
|1 year (2020-07-22)||N/A|
|2 years (2019-07-22)||N/A|
|3 years (2018-07-22)||N/A|
|5 years (2016-07-22)||N/A|
Is Covanta Holding Corporation under- or over-valued?
Valuing Covanta Holding Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Covanta Holding Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Covanta Holding Corporation's P/E ratio
Covanta Holding Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 525x. In other words, Covanta Holding Corporation shares trade at around 525x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Covanta Holding Corporation's EBITDA
Covanta Holding Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $312 million.
The EBITDA is a measure of a Covanta Holding Corporation's overall financial performance and is widely used to measure a its profitability.
Covanta Holding Corporation financials
|Revenue TTM||$1.9 billion|
|Operating margin TTM||4.6%|
|Gross profit TTM||$484 million|
|Return on assets TTM||1.52%|
|Return on equity TTM||2.02%|
|Market capitalisation||$2.7 billion|
TTM: trailing 12 months
Shorting Covanta Holding Corporation shares
There are currently 2.0 million Covanta Holding Corporation shares held short by investors – that's known as Covanta Holding Corporation's "short interest". This figure is 27.9% down from 2.8 million last month.
There are a few different ways that this level of interest in shorting Covanta Holding Corporation shares can be evaluated.
Covanta Holding Corporation's "short interest ratio" (SIR)
Covanta Holding Corporation's "short interest ratio" (SIR) is the quantity of Covanta Holding Corporation shares currently shorted divided by the average quantity of Covanta Holding Corporation shares traded daily (recently around 1.2 million). Covanta Holding Corporation's SIR currently stands at 1.66. In other words for every 100,000 Covanta Holding Corporation shares traded daily on the market, roughly 1660 shares are currently held short.
However Covanta Holding Corporation's short interest can also be evaluated against the total number of Covanta Holding Corporation shares, or, against the total number of tradable Covanta Holding Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Covanta Holding Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Covanta Holding Corporation shares in existence, roughly 20 shares are currently held short) or 0.0175% of the tradable shares (for every 100,000 tradable Covanta Holding Corporation shares, roughly 18 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Covanta Holding Corporation.
Find out more about how you can short Covanta Holding Corporation stock.
Covanta Holding Corporation share dividends
Dividend payout ratio: 7.9% of net profits
Recently Covanta Holding Corporation has paid out, on average, around 7.9% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.59% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Covanta Holding Corporation shareholders could enjoy a 1.59% return on their shares, in the form of dividend payments. In Covanta Holding Corporation's case, that would currently equate to about $0.32 per share.
While Covanta Holding Corporation's payout ratio might seem low, this can signify that Covanta Holding Corporation is investing more in its future growth.
Covanta Holding Corporation's most recent dividend payout was on 1 July 2021. The latest dividend was paid out to all shareholders who bought their shares by 22 June 2021 (the "ex-dividend date").
Covanta Holding Corporation share price volatility
Over the last 12 months, Covanta Holding Corporation's shares have ranged in value from as little as $7.3 up to $20.16. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Covanta Holding Corporation's is 1.4314. This would suggest that Covanta Holding Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Covanta Holding Corporation overview
Covanta Holding Corporation, through its subsidiaries, provides waste and energy services to municipal entities primarily in the United States and internationally. It owns and operates infrastructure for the conversion of waste to energy (WtE), as well as engages in related waste transport and disposal, and other renewable energy generation businesses. The company disposes waste and generates electricity and/or steam; sells ferrous and non-ferrous metal recovered during the WtE process; and offers waste management solutions, such as site clean-up, wastewater treatment, pharmaceutical and healthcare solutions, reverse distribution, transportation and logistics, recycling, and depackaging. As of December 31, 2020, it owned and operated 41 WtE operations, 13 transfer stations, 20 material processing facilities, 4 landfills, 2 wood waste energy projects, 1 regional metals recycling facility, and 1 ash processing facility. The company was formerly known as Danielson Holding Corporation and changed its name to Covanta Holding Corporation in September 2005. Covanta Holding Corporation was founded in 1986 and is headquartered in Morristown, New Jersey. .
Stocks similar to Covanta Holding Corporation
Covanta Holding Corporation in the news
SHAREHOLDER ALERT: Halper Sadeh LLP Investigates STMP, CVA, LONE, FVCB; Shareholders are Encouraged to Contact the Firm
NOTICE - IMPORTANT SHAREHOLDER INVESTIGATION UPDATE: Brodsky & Smith Reminds Investors of Investigations Related to the Following Companies: Lonestar Resources US Inc. (OTC – LONE), GP Strategies Corporation (NYSE - GPX), Covanta Holding Corporation (NYSE - CVA)
Covanta (CVA) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Frequently asked questionsWhat percentage of Covanta Holding Corporation is owned by insiders or institutions?
Currently 1.257% of Covanta Holding Corporation shares are held by insiders and 87.366% by institutions. How many people work for Covanta Holding Corporation?
Latest data suggests 4,000 work at Covanta Holding Corporation. When does the fiscal year end for Covanta Holding Corporation?
Covanta Holding Corporation's fiscal year ends in December. Where is Covanta Holding Corporation based?
Covanta Holding Corporation's address is: 445 South Street, Morristown, NJ, United States, 07960 What is Covanta Holding Corporation's ISIN number?
Covanta Holding Corporation's international securities identification number is: US22282E1029 What is Covanta Holding Corporation's CUSIP number?
Covanta Holding Corporation's Committee on Uniform Securities Identification Procedures number is: 22282E102
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