OTCPK:CVST

Stock Analysis Report

Covista Communications

Executive Summary

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

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Risks

  • Covista Communications has significant price volatility in the past 3 months.
  • Covista Communications's last earnings update was 5212 days ago.
  • Covista Communications is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-14.3%

CVST

-0.0001%

US Telecom

-0.6%

US Market


1 Year Return

17.6%

CVST

8.1%

US Telecom

0.7%

US Market

CVST outperformed the Telecom industry which returned 7.1% over the past year.

CVST outperformed the Market in United States of America which returned 0.6% over the past year.


Share holder returns

CVSTIndustryMarket
7 Day-14.3%-0.0001%-0.6%
30 Day-60.0%6.3%2.9%
90 Day55.8%10.0%1.3%
1 Year17.6%17.6%13.9%8.1%2.9%0.7%
3 Year-29.4%-29.4%15.7%-1.1%44.6%35.2%
5 Year-9.1%-9.1%36.3%5.1%61.9%44.2%

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 based on future cash flows and its price relative to the stock 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 expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.8%

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?

0.09%

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

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 and Payments Analysis

Unable to evaluate Covista Communications's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Covista Communications's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Covista Communications has not reported any payouts.

Unable to verify if Covista Communications's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Covista Communications has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Covista Communications's salary, the management and board of directors tenure and is there insider trading?

17.6yrs

Average board tenure


CEO

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


Board Age and Tenure

17.6yrs

Average Tenure

70yo

Average Age

The average tenure for the Covista Communications board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Management Team


    Board Members

    • Nicholas Merrick (55yo)

      Director

      • Tenure: 17.6yrs
    • Henry Luken (59yo)

      Director

      • Tenure: 20.6yrs
    • Jay Miller (86yo)

      Director

      • Tenure: 36.7yrs
    • W. McKenzie (70yo)

      Director

      • Tenure: 16.8yrs
    • Donald Jones (83yo)

      Director

      • Tenure: 17.6yrs
    • Gerry DeHaven

      Director

      • Tenure: 11.6yrs

    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$116.175k
    • 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 Analysis2019/09/21 23:35
    End of Day Share Price2019/09/20 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.