Covia Holdings Corporation [NYSE:CVIA]: Analyst Rating and Earnings
Professional stock traders oftentimes make sure they verify what some leading Wall Street voices have to say about a potential buy. Currently, in relation to Covia Holdings Corporation [CVIA], the latest Wall Street average recommendation we can view is from the fiscal quarter that will be ending in the month of December. On average, stock market experts give CVIA an Hold rating. Its stock price has been found in the range of 5.15 to 11.28. This is compared to its latest closing price of $5.00.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for Covia Holdings Corporation [CVIA] is sitting at 2.93. This is compared to 1 month ago, when its average rating was 2.93.
For the quarter ending in Sep-18 Covia Holdings Corporation [CVIA] generated $0.52 billion in sales. That’s 14.61% lower than the average estimate of $0.61 billion as provided by Wall Street analysts. The three indicators above suggest that overall, this stock is demonstrating a mixed bag of positive appeal and some drawbacks, making it a somewhat risky investment that also has the potential to generate high ROI in the long run.
Keep on the lookout for this organization’s next scheduled financial results, which are expected to be made public on Wed 13 Feb (In 30 Days).
Fundamental Analysis of Covia Holdings Corporation [CVIA]
Now let’s turn to look at profitability: with a current Operating Margin for Covia Holdings Corporation [CVIA] sitting at +12.19 and its Gross Margin at +23.01.
This company’s Return on Total Capital is 10.82, and its Return on Invested Capital has reached 14.20%. Its Return on Equity is 18.84, and its Return on Assets is 4.36. These metrics suggest that this Covia Holdings Corporation does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, Covia Holdings Corporation [CVIA] has generated a Total Debt to Total Equity ratio of 234.10. Similarly, its Total Debt to Total Capital is 70.07, while its Total Debt to Total Assets stands at 59.19. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 228.10, and its Long-Term Debt to Total Capital is 68.27. This company is not leveraging its assets to take on debt, which stunts its growth and limits the ROI for investors.
What about valuation? This company’s Enterprise Value to EBITDA is 5.87 and its Total Debt to EBITDA Value is 3.72. The Enterprise Value to Sales for this firm is now 0.75, and its Total Debt to Enterprise Value stands at 0.41. Covia Holdings Corporation [CVIA] has a Price to Book Ratio of 3.67, a Price to Cash Flow Ratio of 8.27.
Shifting the focus to workforce efficiency, Covia Holdings Corporation [CVIA] earns $970,470 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 7.44 and its Total Asset Turnover is 0.78. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.73 and its Current Ratio is 2.14. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Let’s now turn our attention to trading performance: Covia Holdings Corporation [CVIA] has 131.18M shares outstanding, amounting to a total market cap of $655.90M. Its stock price has been found in the range of 3.23 to 30.00. At its current price, it has moved by -83.33% from its 52-week high, and it has moved 54.80% from its 52-week low.
This stock’s Beta value is currently , which indicates that it is more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 60.30. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Covia Holdings Corporation [CVIA] a Reliable Buy?
Covia Holdings Corporation [CVIA] stock is presenting a less attractive investment opportunity when compared to similarly-sized corporations in the same industry. The price performance of these shares has not shown much promise, and the financial results that this company has recently delivered present a highly risky investment.