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 $2 billion.
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| Latest market close | $20.26 |
|---|---|
| 52-week range | $0.00 - $0.00 |
| 50-day moving average | $20.18 |
| 200-day moving average | $17.61 |
| Wall St. target price | $20.17 |
| PE ratio | 107.766 |
| Dividend yield | $0.32 (1.58%) |
| Earnings per share (TTM) | $0.19 |
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.
Historical closes compared with the close of $20.26 from 2021-11-29
| 1 week (2024-07-16) | N/A |
|---|---|
| 1 month (2024-06-23) | N/A |
| 3 months (2024-04-23) | N/A |
| 6 months (2024-01-23) | N/A |
| 1 year (2023-07-23) | N/A |
|---|---|
| 2 years (2022-07-23) | N/A |
| 3 years (2021-07-27) | 1.30% |
| 5 years (2019-07-26) | 32.54% |
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 108x. In other words, Covanta Holding Corporation shares trade at around 108x 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 (earnings before interest, taxes, depreciation and amortisation) is $349 million.
The EBITDA is a measure of a Covanta Holding Corporation's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $2 billion |
|---|---|
| Operating margin TTM | 5.8% |
| Gross profit TTM | $484 million |
| Return on assets TTM | 2.03% |
| Return on equity TTM | 9.86% |
| Profit margin | 1.23% |
| Book value | $1.68 |
| Market Capitalization | $2.7 billion |
TTM: trailing 12 months
Dividend payout ratio: 4.28% of net profits
Recently Covanta Holding Corporation has paid out, on average, around 4.28% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.58% 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 1.58% 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 14 October 2021. The latest dividend was paid out to all shareholders who bought their shares by 5 October 2021 (the "ex-dividend date").
Covanta Holding Corporation's shares were split on a 1573:1136 basis on 21 June 2005. So if you had owned 1136 shares the day before before the split, the next day you'd have owned 1573 shares. This wouldn't directly have changed the overall worth of your Covanta Holding Corporation shares – just the quantity. However, indirectly, the new 27.8% lower share price could have impacted the market appetite for Covanta Holding Corporation shares which in turn could have impacted Covanta Holding Corporation's share price.
Over the last 12 months, Covanta Holding Corporation's shares have ranged in value from as little as $0 up to $0. 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 1.3662. 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, 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. .
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