Comparable Company Analysis: Covanta Holding Corporation (CVA), V.F. Corporation (VFC)

Covanta Holding Corporation (NYSE:CVA) shares were trading higher by 0.67 percent ($0.1) at $15.1 a piece in Thursday’s session. It had closed the previous session at $15. CVA trades with a P/S ratio of 1.16. This is lower than the both industry’s 91.03 and the wider sector’s 13.51. A low price-to-sales ratio, typically less than 1.0, is considered a good value. Also, it has an estimated price-earnings (P/E) multiple of 171.59. Shares of CVA have uptrended 14.39% in the past three months, while the S&P 500 has moved 9.8% in that time. Covanta Holding Corporation (CVA) has a market cap of $1.97 billion and over the last 12 months, Covanta Holding Corporation (NYSE:CVA) has gone weaker by -1.05%. During the last 52 weeks, the (NYSE:CVA) price has been as high as $16.5 and as low as $13. Covanta Holding Corporation earnings have declined with an annualized rate of -15.5% over the last 5 years.

Covanta Holding Corporation (Mean Target Price: $16.72)

The average 1-year price target for Covanta Holding Corporation (CVA) — averaging the work of different analysts — reveals a mean PT of $16.72/share. That’s a potential 10.73 increase relative to where Covanta Holding Corporation (NYSE:CVA) has been trading recently. The current price is seen ranging between $14.7 and $15.15. There are brokerage firms with lower targets than the average, including one setting a price target of $13. And then on the other side of the spectrum one analyst entrenched in the bullish camp has a target as high as $20.

Covanta Holding Corporation (CVA) Consensus Recommendation

The collective rating of 1.9 for Covanta Holding Corporation (NYSE:CVA) also leans strongly towards the bullish end of the spectrum. Of the 8 analysts surveyed by Reuters that track CVA 1 of them rate its stock a hold. The other 7, though not evenly; between analysts who think you should buy Covanta Holding Corporation versus those who think you should sell it. A 6 analysts rate it as either a buy or a strong buy, while1 believe that investors should either steer clear of CVA or, if they already own its stock, sell it.

Is V.F. Corporation (NYSE:VFC) Cheap From Peers?

V.F. Corporation (VFC) pulled off a 0.71 percent gain and now trades for $63.5. VFC comes in with a P/S ratio of 2.12 that’s greater than 1, potentially implying that it could be expensive relative to the overall sector (13.51) and its peers (91.03). Also, it has an estimated price-earnings (P/E) multiple of 18.98 and a trailing 12-month price-earnings (P/E) multiple of 24.09. During the last 52 weeks, the price has been as high as $64.51 and as low as $48.05. V.F. Corporation (NYSE:VFC) earnings have risen with a quarterly rate of 4.9% over the last 5 years. Shares of VFC have increased 11.54% in the past three monthswhile the S&P 500 has gained 7.63% in that time.

V.F. Corporation (Price Objective: $64.59)

V.F. Corporation (NYSE:VFC) has a market cap of $24.85 billion and over the last 12 months, VFC has risen by 14.07%. The average 1-year price target for (VFC) reveals an average price target of $64.59 per share. That’s a potential 1.72 gain from where (NYSE:VFC) has been trading recently. There are brokerage firms with lower targets than the average, including one setting a price target of $50. And then on the other side of the spectrum one analyst entrenched in the bullish camp has a target as high as $75.

Analyst Thoughts About V.F. Corporation (NYSE:VFC)

The consensus recommendation — averaging the work of 23 analysts — of 2.6 for V.F. Corporation (VFC) points to moderate case. Of the analysts surveyed by Reuters that track V.F. Corporation 15 of them rate its stock a hold. The other 8 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it. A 7 analysts rate it as either a buy or a strong buy, while 1 believe that investors should either steer clear of (NYSE:VFC) or, if they already own its stock, sell it.