Covanta Holding Analysis

Covanta Holding is undervalued with Real Value of 0.0 and Hype Value of 0.0. The main objective of Covanta Holding delisted stock analysis is to determine its intrinsic value, which is an estimate of what Covanta Holding is worth, separate from its market price. There are two main types of Covanta Holding's stock analysis: fundamental analysis and technical analysis.
The Covanta Holding stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Covanta Holding's ongoing operational relationships across important fundamental and technical indicators.
  
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Covanta Stock Analysis Notes

About 90.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings (P/E) ratio of 532.37. Covanta Holding last dividend was issued on the 6th of October 2021. The entity had 1:5 split on the July 23, 2012. Covanta Holding Corporation, through its subsidiaries, provides waste and energy services to municipal entities primarily in the United States and internationally. Covanta Holding Corporation was founded in 1986 and is headquartered in Morristown, New Jersey. Covanta Holding operates under Waste Management classification in the United States and is traded on New York Stock Exchange. It employs 4000 people. For more info on Covanta Holding please contact Azeez Mohammed at 862 345-5000 or go to www.covanta.com.

Covanta Holding Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more delisted stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Covanta Holding's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Covanta Holding or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Covanta Holding is not yet fully synchronised with the market data
Covanta Holding has some characteristics of a very speculative penny stock
Covanta Holding has a very high chance of going through financial distress in the upcoming years
Covanta Holding has 2.53 B in debt. Covanta Holding has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Covanta to invest in growth at high rates of return.
Over 90.0% of the company shares are held by institutions such as insurance companies

Covanta Holding Thematic Classifications

In addition to having Covanta Holding stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
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Covanta Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 2.69 B.

Covanta Profitablity

The company has Net Profit Margin of 1.23 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 17.16 %, which entails that for every 100 dollars of revenue, it generated $17.16 of operating income.

Covanta Holding Outstanding Bonds

Covanta Holding issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Covanta Holding uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Covanta bonds can be classified according to their maturity, which is the date when Covanta Holding has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Covanta Holding to your portfolios without increasing risk or reducing expected return.

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Other Consideration for investing in Covanta Stock

If you are still planning to invest in Covanta Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Covanta Holding's history and understand the potential risks before investing.
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