OTCPK:CVST

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Covista Communications

Executive Summary

Covista Communications, Inc. provides telecommunications and data services in the United States.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has Covista Communications's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CVST has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

CVST

1.9%

US Telecom

1.2%

US Market


1 Year Return

-12.5%

CVST

-3.6%

US Telecom

16.8%

US Market

Return vs Industry: CVST underperformed the US Telecom industry which returned -3.6% over the past year.

Return vs Market: CVST underperformed the US Market which returned 16.4% over the past year.


Shareholder returns

CVSTIndustryMarket
7 Day0%1.9%1.2%
30 Day0%4.4%4.9%
90 Day0%7.2%20.0%
1 Year-12.5%-12.5%1.3%-3.6%19.3%16.8%
3 Year-42.6%-42.6%9.1%-6.6%43.7%34.4%
5 Year-75.9%-75.9%24.7%-3.3%75.5%56.6%

Price Volatility Vs. Market

How volatile is Covista Communications's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Covista Communications undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Covista Communications is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Covista Communications has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Examine Covista Communications's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Covista Communications regulatory filings here.
  • Explore potentially undervalued companies in the Telecom industry.

Future Growth

How is Covista Communications forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.5%

Forecasted Telecom industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Covista Communications has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Covista Communications performed over the past 5 years?

10.8%

Historical Telecom annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Covista Communications has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

  • Examine Covista Communications's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Covista Communications's filings and announcements here.
  • Explore strong past performing companies in the Telecom industry.

Financial Health

How is Covista Communications's financial position?


In this section we usually analyse Covista Communications's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Covista Communications has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of CVST’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Covista Communications's financial data was last updated here.
  • Explore more healthy companies in the Telecom industry.

Dividend

What is Covista Communications's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CVST's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CVST's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CVST's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CVST's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CVST's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

18.5yrs

Average board tenure


CEO

Covista Communications has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Nicholas Merrick
Director18.5yrsno datano data
Henry Luken
Director21.5yrsno datano data
Jay Miller
Director37.58yrsno datano data
W. McKenzie
Director17.67yrsno datano data
Donald Jones
Director18.5yrsno datano data
Richard DeHaven
Director12.5yrsno datano data

18.5yrs

Average Tenure

71yo

Average Age

Experienced Board: CVST's board of directors are seasoned and experienced ( 18.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Covista Communications, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Covista Communications, Inc.
  • Ticker: CVST
  • Exchange: OTCPK
  • Founded: 1959
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: US$67.769k
  • Shares outstanding: 19.36m
  • Website: https://www.covista.net

Location

  • Covista Communications, Inc.
  • 725 11th Avenue Boulevard SE
  • Hickory
  • North Carolina
  • 28602
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CVSTOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 1969

Biography

Covista Communications, Inc. provides telecommunications and data services in the United States. It offers a range of voice, data, and Internet solutions, including local, long distance, and toll-free serv ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/11 00:13
End of Day Share Price2020/07/10 00:00
Earnings2005/04/30
Annual Earnings2005/01/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.