Equities analysts expect Covanta Holding (NYSE: CVA) to post $484.47M in quarterly sales for this current quarter, reports Zacks Research.3 analysts have estimated the earnings of the company. The highest estimate of sales is $493.00 M while the lowest estimate of sales is $477.40 M.The company posted $485.00 M in sales for a similar quarter past year which suggests a negative 0.1% Y-O-Y growth rate. The firm is expected to announce the next report of its earnings on February 18th, Thursday.
Analysts Report On CVA Stock
Many research analysts have reported on the CVA stock. Oppenheimer raised the target price of the company’s shares from $12.00 – $13.00 and issued a rating of “outperform” on the company’s stocks on November 2nd, Monday.ValuEngine raised its ratings of the company’s stocks from “hold” to “buy” on the company’s stocks on December 1st, Tuesday.
Barclays raised its ratings of the company’s stocks from “equal weight” to “overweight” and raised the target price from $11.00 – $12.00 on the company’s stocks on November 2nd, Monday.UBS Group issued a rating of “market perform” on the company’s stocks on October 29th, Thursday. Lastly, Raymond James issued a rating of “hold” on the company’s stocks on December 24th, Thursday. One analyst has issued a rating of “sell”,4 analysts have issued a rating of “hold” and four have assigned a rating of “buy” on the company’s stocks.
CVA stock opened on Friday at $13.13.The business has $12.63 as its moving average for 50 days and $9.96 as its moving average for 200 days. The company has $1.73 bn in market capitalization, a -62.52 P/E ratio, and a 1.48 beta. The company has $6.57 as its fifty two-week low and $16.13 as its fifty two-week high. The firm has a 1.11 quick ratio, a 1.11 current ratio, and an 8.93 ratio between the debt and equity.