Covanta (CVA) Set to Announce Earnings on Thursday

Covanta (NYSE:CVA) will be posting its quarterly earnings results after the market closes on Thursday, February 22nd. Analysts expect Covanta to post earnings of $0.21 per share for the quarter.

Shares of Covanta (NYSE:CVA) opened at $16.10 on Thursday. The company has a debt-to-equity ratio of 8.39, a quick ratio of 1.21 and a current ratio of 1.21. Covanta has a 52 week low of $13.00 and a 52 week high of $17.30. The stock has a market capitalization of $2,110.00, a PE ratio of -31.57, a price-to-earnings-growth ratio of 14.76 and a beta of 0.65.

Several equities research analysts have issued reports on the company. Robert W. Baird reaffirmed a “buy” rating and set a $19.00 price target on shares of Covanta in a research note on Wednesday, November 1st. BMO Capital Markets lifted their price target on Covanta from $17.00 to $20.00 and gave the stock an “outperform” rating in a research note on Monday, October 30th. Goldman Sachs Group raised Covanta from a “sell” rating to a “neutral” rating and set a $16.00 price target for the company in a research note on Sunday, January 7th. Zacks Investment Research lowered Covanta from a “hold” rating to a “sell” rating in a research note on Friday, January 5th. Finally, Oppenheimer reaffirmed a “buy” rating and set a $19.00 price target on shares of Covanta in a research note on Tuesday, December 19th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $18.00.

WARNING: “Covanta (CVA) Set to Announce Earnings on Thursday” was originally published by The Lincolnian Online and is the property of of The Lincolnian Online. If you are viewing this report on another website, it was illegally copied and republished in violation of U.S. and international copyright law. The original version of this report can be accessed at https://www.thelincolnianonline.com/2018/02/15/covanta-cva-set-to-announce-earnings-on-thursday.html.

About Covanta

Covanta Holding Corporation is a holding company. The Company, through its subsidiaries, owns and operates infrastructure for the conversion of waste to energy, as well as other waste disposal and renewable energy production businesses. The Company operates through North America segment, which consists of waste and energy services operations located primarily in the United States and Canada.

Earnings History for Covanta (NYSE:CVA)

Receive News & Ratings for Covanta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Covanta and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply