$17.50 0.01 (+0.06%)
11/6/2009 4:02 PM

Covanta Holding Corp (CVA)

CAPS Rating: 4 out of 5

The Company is a developer, owner and operator of infrastructure for the conversion of energy-from-waste, waste disposal and renewable energy production businesses in the United States.

Current Price $17.50 Mkt Cap $2.71B
Open $17.32 P/E Ratio 23.96
Prev. Close $17.49 Div. (Yield) N/A (N/A)
Daily Range $17.21 - $17.52 Volume 2,286,932
52-Wk Range $12.47 - $23.31 Avg. Daily Vol. 1,300,000

CVA News and Commentary

Caps

How do you think CVA will perform vs the S&P 500?

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All Members

276 Outperform
12 Underperform
 

All-Star Members

68 Outperform
3 Underperform
 

Wall Street

13 Outperform
0 Underperform
 

Top CVA Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

parker3773 (23.05)
Submitted August 15, 2008

This one is worth watching. I predict not a lot of middle ground with this. Either it's going to pay for your child's college education or you're going to increase your walmart position in the hopes of earning back the money you lost. My gut says… More

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CVA VS S&P 500 (SPY)

Recent Community Commentary

Read the most recent pitches from members about CVA.

Recs

0
Member Avatar Nostradamuss (45.85) Submitted: 10/5/2009 4:18:38 PM : Underperform Start Price: $17.24 CVA Score: +0.74

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Recs

0
Member Avatar mrindependent (98.79) Submitted: 8/20/2009 12:04:42 PM : Outperform Start Price: $16.97 CVA Score: -3.73

Following Jakila the Hun. The timing for this pick seems reasonable because Covanta's price recently dipped after a somewhat disappointing earnings report. Valuation is borderline. Although the price of 2 times book (or 22 times earnings) seems reasonable for a growth company like Covanta, the company has quite a bit of debt that must be paid from future cash flows. BUT- the upside is EXCITING. The company's mission of converting waste to energy makes sense at a very basic level - and surprisingly enough the company has generated decent profits in recent periods. This company could be THE NEXT BIG THING. If so, its high debt levels will be an easily surmountable issue.

Recs

0
Member Avatar greenfuture (65.90) Submitted: 4/3/2009 2:02:33 PM : Outperform Start Price: $14.82 CVA Score: -11.37

Covanta has been growing slowly, and analysts are forecasting more slow growth over the next few years - just ~8-15%. On that basis, even at today's near 52-week low share price, it should market perform or undeperform going forward.

But Covanta is a multinational world leader in turning a major environmental liability - non-recyclable waste - into a major environmental asset: clean energy and greenhouse gas reduction. Assuming it does this in a cost-effective way (I'm not familiar with those details), it qualifies as a member of the greenshift low-hanging-fruit family and ought to thrive not only in any global green revolution, but particularly in a financially constrained one, as we are experiencing now. So, optimistically, I hope to see it grow at 20-30%+. And with analysts estimating $1+ eps by 2010, that would give it a neutral target price of $20-$30+ by then.

Leaderboard

Find the members with the highest scoring picks in CVA.

Score Leader

sleepingsun

sleepingsun (< 20) Score: +40.94

The Score Leader is the member with the highest score across all their picks in CVA.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score Commentary
brettonwoodct < 20 12/2/2008 Underperform NS $18.36 -4.68% +31.71% +36.40
Desdemuerto 99.58 12/2/2008 Underperform 5Y $18.36 -4.68% +31.71% +36.40
BlueChipKittie < 20 10/23/2008 Underperform NS $19.50 -10.26% +21.48% +31.73
GreedsGood04 50.11 6/3/2008 Underperform 1Y $27.90 -37.28% -20.25% +17.03
161280831 < 20 2/13/2008 Underperform 5Y $26.59 -34.19% -17.57% +16.61
streetsoftears 78.06 12/17/2007 Underperform NS $27.18 -35.61% -23.45% +12.17
easternmost 70.00 1/15/2008 Underperform NS $25.29 -30.80% -19.36% +11.44
Syaoran 37.70 4/9/2009 Underperform 3W $14.61 +19.78% +27.82% +8.04
gramphilwar 77.36 11/14/2006 Outperform NS $19.74 -11.35% -18.18% +6.83
PapaShaq 81.75 8/17/2009 Underperform 3M $16.90 +3.55% +8.90% +5.35

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score End Date Commentary
TrackWunderlich 70.62 6/4/2009 Outperform NS $15.55 +12.54% +15.16% -2.62
TrackJPMorgan 78.71 2/2/2009 Outperform NS $17.74 -1.35% +33.75% -35.10
TrackBarclaysCap 86.02 1/5/2009 Outperform NS $21.96 -16.58% +17.83% -34.40 9/18/2009 @ $18.32
TrackJefferies 75.83 12/9/2008 Outperform NS $20.79 -15.82% +21.63% -37.46
TrackOppenheimer 26.63 10/14/2008 Outperform NS $20.31 -13.15% +6.78% -19.93 10/16/2009 @ $17.64
TrackStanfordRes 80.42 6/18/2008 Outperform NS $27.32 -35.94% -17.42% -18.52
TrackBroadpoint.AmTech 73.02 5/7/2008 Outperform NS $27.89 -37.25% -21.74% -15.51
TrackJimCramer < 20 4/24/2008 Outperform 3W $28.61 -38.83% -19.68% -19.15
TrackWhitman < 20 9/30/2007 Outperform NS $24.51 -28.60% -26.44% -2.16 1 Comment
TrackRonBaron < 20 9/30/2007 Outperform NS $24.51 -28.60% -26.44% -2.16 1 Comment
TrackJohnKeeley < 20 9/30/2007 Outperform NS $24.51 -28.60% -26.44% -2.16 1 Comment
TrackBofASec 93.50 7/10/2007 Outperform NS $25.27 -30.75% -25.95% -4.80
TrackLehmanBros 76.60 3/6/2007 Outperform NS $22.37 -21.77% -18.09% -3.68
TrackAvondale 91.47 2/28/2007 Outperform NS $22.93 -23.68% -19.01% -4.67
TrackJimCramer < 20 5/10/2006 Underperform 3W $18.25 +56.77% +4.60% -52.17 4/24/2008 @ $28.61

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