Covanta Holding Corporation (CVA)
Stock Price:
$12.59 USD
-0.11 (-0.87%)
Updated November 25, 4:00 PM EST - Market closed
Key Info
| Market Cap |
1.66B |
| Revenue (ttm) |
1.90B |
| Net Income (ttm) |
-28.00M |
| Shares Out |
131.98M |
| EPS (ttm) |
-0.21 |
| PE Ratio |
n/a |
| Forward PE |
1,666.67 |
| Dividend |
$0.32 |
| Dividend Yield |
2.54% |
Stock Quote
| Trading Day |
November 25 |
| Last Price |
$12.59 |
| Previous Close |
$12.70 |
| Change ($) |
-0.11 |
| Change (%) |
-0.87% |
| Day's Open |
12.57 |
| Day's Range |
12.33 - 12.63 |
| Day's Volume |
866,896 |
| 52-Week Range |
6.57 - 16.13 |
More Stats
| Market Cap |
1.66B |
| Enterprise Value |
4.19B |
| Earnings Date (est) |
Feb 17, 2021 |
| Ex-Dividend Date |
Sep 25, 2020 |
| Shares Outstanding |
131.98M |
| Float |
129.76M |
| EPS (basic) |
-0.21 |
| EPS (diluted) |
-0.21 |
| FCF / Share |
1.14 |
| Dividend |
$0.32 |
| Dividend Yield |
2.54% |
| Earnings Yield |
n/a |
| FCF Yield |
9.09% |
| Payout Ratio |
n/a |
| Shares Short |
3.50M |
| Short Ratio |
2.95 |
| Short % of Float |
2.70% |
| Beta |
1.31 |
| PE Ratio |
n/a |
| Forward PE |
1,666.67 |
| P/FCF Ratio |
11.00 |
| PS Ratio |
0.88 |
| PB Ratio |
5.44 |
| Revenue |
1.90B |
| Operating Income |
99.00M |
| Net Income |
-28.00M |
| Free Cash Flow |
151.00M |
| Net Cash |
-2.53B |
| Net Cash / Share |
-19.15 |
| Gross Margin |
26.29% |
| Operating Margin |
5.22% |
| Profit Margin |
-1.50% |
| FCF Margin |
7.96% |
| ROA |
2.01% |
| ROE |
-8.47% |
| ROIC |
1.90% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (8)
| Buy |
4 |
| Overweight |
0 |
| Hold |
4 |
| Underweight |
0 |
| Sell |
0 |
Analyst Consensus: Overweight
Price Target
$11.43*
(-9.21% downside)
Low
9.50
Current: $12.59
High
13.00
Target: 11.43
*Average 12-month price target from 7 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 1,870 | 1,868 | 1,752 | 1,699 | 1,645 | 1,682 | 1,630 | 1,643 | 1,650 | 1,583 |
| Revenue Growth | 0.11% | 6.62% | 3.12% | 3.28% | -2.2% | 3.19% | -0.79% | -0.42% | 4.23% | - |
| Gross Profit | 435 | 482 | 430 | 436 | 443 | 526 | 541 | 519 | 548 | 520 |
| Operating Income | 90.00 | 63.00 | 101 | 109 | 109 | 154 | 222 | 277 | 240 | 155 |
| Net Income | 10.00 | 152 | 57.00 | -4.00 | 68.00 | -2.00 | -9.00 | 116 | 219 | 62.00 |
| Shares Outstanding | 131 | 130 | 130 | 129 | 132 | 130 | 129 | 132 | 141 | 153 |
| Earnings Per Share | 0.07 | 1.15 | 0.44 | -0.03 | 0.51 | -0.01 | -0.07 | 0.87 | 1.54 | 0.40 |
| EPS Growth | -93.91% | 161.36% | - | - | - | - | - | -43.51% | 285% | - |
| Dividend Per Share | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.86 | 0.66 | 0.60 | 0.30 | 1.50 |
| Dividend Growth | 0% | 0% | 0% | 0% | 16.28% | 30.3% | 10% | 100% | -80% | - |
| Operating Cash Flow | 226 | 238 | 242 | 264 | 254 | 341 | 316 | 342 | 361 | 431 |
| Capital Expenditures | -158 | -206 | -277 | -359 | -376 | -216 | -188 | -127 | -118 | -134 |
| Free Cash Flow | 68.00 | 32.00 | -35.00 | -95.00 | -122 | 125 | 128 | 215 | 243 | 297 |
| Cash & Equivalents | 37.00 | 58.00 | 46.00 | 84.00 | 94.00 | 84.00 | 195 | 243 | 232 | 126 |
| Total Debt | 2,516 | 2,494 | 2,523 | 2,635 | 3,099 | 2,980 | 3,223 | 3,380 | 3,249 | 3,494 |
| Net Cash / Debt | -2,479 | -2,436 | -2,477 | -2,551 | -3,005 | -2,896 | -3,028 | -3,137 | -3,017 | -3,368 |
| Assets | 3,715 | 3,843 | 4,441 | 4,284 | 4,234 | 4,206 | 4,380 | 4,526 | 4,385 | 4,676 |
| Liabilities | 3,339 | 3,356 | 4,014 | 3,815 | 3,594 | 3,422 | 3,474 | 3,471 | 3,297 | 3,517 |
| Book Value | 376 | 487 | 427 | 469 | 638 | 782 | 902 | 1,048 | 1,083 | 1,126 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Covanta Holding Corporation |
| Country |
United States |
| Employees |
4,000 |
| CEO |
Michael W. Ranger |
Stock Information
| Ticker Symbol |
CVA |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Industrials |
| Industry |
Waste Management |
| Unique Identifier |
NYSE: CVA |
Description
Covanta Holding Corporation, through its subsidiaries, provides waste and energy services to municipal entities primarily in the United States and Canada. It owns and operates infrastructure for the conversion of waste to energy, as well as engages in related waste transport and disposal, and other renewable energy production businesses. The company disposes waste and generates electricity and/or steam; sells metal recovered during the energy-from-waste (EfW) 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, 2019, it owned and operated 41 EfW operations, 14 transfer stations, 20 material processing facilities, four landfills, two wood waste energy projects, one regional metals recycling facility, and one ash processing facility. Covanta Holding Corporation has a strategic partnership with the Green Investment Group Limited to develop EfW projects in Ireland and the United Kingdom. The company was formerly known as Danielson Holding Corporation and changed its name to Covanta Holding Corporation in September 2005. Covanta Holding Corporation was incorporated in 1992 and is headquartered in Morristown, New Jersey.