Covanta Holding Corporation (NYSE:CVA) has a 1 Year Target Estimate of $17.56. The stock traded with the volume of 3.09 Million in the last trading session. Covanta Holding Corporation opened at $14.85 and closed by showing a decrease of -2.02%. The Bid price in the last session was $14.65 x 200 and the Ask price was $17.00 x 200. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).
Covanta Holding Corporation has the Market Capitalization of 1.89 Billion. The Stock has its 52-week High of $17.75 and 52-Week Low of $12.48 and it touched its 52-week high on Mar 18, 2016 and 52-Week Low on Jan 20, 2016.
Covanta Holding Corporation reported its last Earnings on Oct 25 AMC where the company reported Actual EPS of $0.18/Share whereas, the Analyst Estimated EPS was $0.14/share. The difference between Actual EPS and Estimated EPS was $0.04/share. This represented an Earnings Surprise of 28.6%. The company will report its next earnings on Feb 14 – Feb 20 (Est.).
9 number of analysts also provided their insight on Covanta Holding Corporation, where the Average Price Target for the stock is $17.56. They also projected Low Price Target as $15 while High Price Target is set at $21.
A number of analysts rated the stock as well: 5 analysts believe that the stock is a STRONG BUY while 1 reported it as Buy.3 analysts assigned a HOLD rating, 0 said it’s UNDERPERFORM and 0 say that this stock is a SELL.
Covanta Holding Corporation annual Divided is 1 while it’s Dividend Yield is 6.87%. The stock has its Price to Earnings (P/E) ratio of 31.16 and Forward Price to Earnings ratio of 559.62. The company has its Price to Sales (P/S) ratio of 1.13 where Price to Book (P/B) ratio of 3.75, Price to Cash Per share (P/C) of 16.79 and Price to Free Cash Flow (P/FCF) has a value of 0.
The company has its Return on Assets (ROA) of 1.5 Percent. Return on Equity (ROE) stands at 12% and Return on Investment (ROI) displays a value of 5.9%.
The stock is currently trading at Distance from 20-Day simple moving Average of 0.12% whereas, Distance from 50-Day Simple moving average is -1.56 Percent and Distance from 200-Day Simple Moving Average of -5.08 percent.
A look at performance overview of Covanta Holding Corporation depicts that Performance (Week) is -2.35 percent while Performance Month is 0.69%. Quarterly performance shows a value of 0.02% and Half Year Performance value stands at -9.96%. Yearly performance of the stock has the value of -4.08 percent. Covanta Holding Corporation has its YTD performance of -1.55 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).
Many Insiders have done trades inside the company. The latest trade was made on 13 Nov 2016 where Director Silberman (Robert S) did a transaction type “Buy” in which 2000 shares were traded at a price of $14.73. Another insider trade includes Director Broglio (Ronald J) who also initiated a transaction in which 4500 shares were traded on 27 Jul 2016 as “Sell”. On 4 May 2016 Director Smith (Jean) traded 4500 shares as “Buy” at $0. General Counsel Simpson (Timothy J) Sell 3446 shares on 16 Mar 2016 at the price of $17.32.
The latest Upgrades/Downgrades was done by Research firm Barclays on 7-Nov-16 who Upgrade the stock from Equal Weight to Overweight. Other firms have also Upgraded/Downgraded the stock. On 26-Aug-16, Macquarie took an action “Initiated” to Neutral. On 29-Apr-16, the stock was Downgrade to Neutral by Robert W. Baird.