Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Covanta Holding Corporation. Global Credit Research- 16 Sep 2021. New York, September 16, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Covanta Holding Corporation and other ratings that are associated with the same analytical unit.
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
COVANTA HOLDING (US), a company active in the Waste & Disposal Services industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 3 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date June 8, 2021, the closing price was USD 14.86 and its expected value was estimat...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Covanta Holding Corporation. Global Credit Research- 12 Oct 2020. New York, October 12, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Covanta Holding Corporation and other ratings that are associated with the same analytical unit.
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
A director at Covanta Holding Corp bought 20,000 shares at 9.710USD and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years c...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Covanta Holding Corporation. Global Credit Research- 04 Nov 2019. New York, November 04, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Covanta Holding Corporation and other ratings that are associated with the same analytical unit.
We’re reiterating our fair value estimate of $18 per share as Covanta’s third quarter showed operational progress even as the Fairfax fire-related facility outage muted sales and profitability. Revenue increased 1.9% year over year to $429 million in the quarter, as growth in Covanta’s Environmental Solutions segment, higher waste pricing, and improved metals pricing more than offset volume loss at the Fairfax facility. Although it took much longer than anticipated to ready Fairfax for nor...
We’re reiterating our fair value estimate of $18 per share as Covanta’s third quarter showed operational progress even as the Fairfax fire-related facility outage muted sales and profitability. Revenue increased 1.9% year over year to $429 million in the quarter, as growth in Covanta’s Environmental Solutions segment, higher waste pricing, and improved metals pricing more than offset volume loss at the Fairfax facility. Although it took much longer than anticipated to ready Fairfax for nor...
We’re maintaining our $18 per share fair value estimate for no-moat Covanta after second-quarter earnings. Revenue increased 1.4% year over year to $424 million, even as the Fairfax facility remains inoperative because of a significant fire earlier this year. A 3.3% increase in average revenue per ton, aided by 10% year-over-year growth in higher-priced profiled waste, helped offset the shortfall from downtime at Fairfax. In addition, Covanta’s small, but expanding, environmental solutions s...
INFRASTRUCTURE AND PROJECT FINANCE CREDIT OPINION 27 June 2017 Update RATINGS Covanta Holding Corporation Domicile Morristown, New Jersey, United States Long Term Rating Ba3 Type LT Corporate Family Ratings - Dom Curr Outlook Stable Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts J
In the aftermath of two previously disclosed back-to-back fires at different facilities, no-moat Covanta’s first-quarter results suffered from the unplanned downtime. Management hopes to get Covanta Fairfax up and running by the end of the second quarter and decided to use the downtime to accelerate maintenance at the facility. These factors led to lower revenue and higher costs in the quarter, impacts that will be somewhat offset by insurance proceeds later in the year. Nevertheless, the mark...
INFRASTRUCTURE AND PROJECT FINANCE CREDIT OPINION 21 April 2017 Update RATINGS Covanta Holding Corporation Domicile Morristown, New Jersey, United States Long Term Rating Ba2 Type LT Corporate Family Ratings - Dom Curr Outlook Negative Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contact
We don’t expect to materially alter our $20 fair value estimate for no-moat Covanta following the company’s full-year earnings report. Revenue increased 3.3% year over year to nearly $1.7 billion in 2016, highlighting Covanta’s successful efforts to boost organic revenue growth in its core business. Waste-processing revenue increased 2.7% year over year on an organic basis, benefiting from 20 points of volume growth and 2.5% of price increases. In addition, revenue generated from profiled ...
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