Covanta Holding (CVA) Reaches $14.80 Formed H&S; Summer Infant (SUMR) Has 0.91 Sentiment

Summer Infant, Inc., together with its subsidiaries, designs, markets, and distributes branded juvenile health, safety, and wellness products primarily in North America. The company has market cap of $23.29 million. The firm markets approximately 1,100 products in various product categories, such as monitoring, safety, nursery, baby gear, and feeding products under the Summer Infant, SwaddleMe, and Born Free brand names. It currently has negative earnings. The Company’s products include audio, video, and Internet viewable monitors; gates, bedrails, baby proofing, potties, bath products, positioners, and infant health products; nursery products, such as wearable blankets, sleep aides and soothers, travel accessories, and swaddles; baby gear products, including strollers, bassinets, high chairs, and playards; and feeding products comprising bottles, drinking cups, bibs and placemats, electronics, and pacifiers.

Covanta Holding Corporation (CVA) formed H&S with $13.76 target or 7.00% below today’s $14.80 share price. Covanta Holding Corporation (CVA) has $1.92B valuation. It closed at $14.8 lastly. It is up 13.10% since March 11, 2017 and is downtrending. It has underperformed by 29.80% the S&P500.

Among 11 analysts covering Covanta (NYSE:CVA), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Covanta has $25 highest and $12.50 lowest target. $17.63’s average target is 19.12% above currents $14.8 stock price. Covanta had 49 analyst reports since October 8, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Buy” rating and $17.0 target in Monday, September 4 report. Imperial Capital maintained Covanta Holding Corporation (NYSE:CVA) on Thursday, December 10 with “Outperform” rating. The company was initiated on Friday, August 26 by Macquarie Research. The stock of Covanta Holding Corporation (NYSE:CVA) has “Neutral” rating given on Friday, April 29 by Robert W. Baird. Robert W. Baird maintained Covanta Holding Corporation (NYSE:CVA) on Thursday, October 5 with “Buy” rating. Barclays Capital downgraded it to “Equal Weight” rating and $16 target in Thursday, January 19 report. The firm earned “Outperform” rating on Tuesday, December 29 by Wedbush. On Thursday, July 27 the stock rating was maintained by Oppenheimer with “Buy”. The firm has “Neutral” rating given on Friday, November 6 by Credit Suisse. The stock has “Buy” rating by BMO Capital Markets on Friday, February 23.

The stock decreased 3.10% or $0.04 during the last trading session, reaching $1.25. About 91,928 shares traded or 180.35% up from the average. Summer Infant, Inc. (SUMR) has risen 12.90% since March 11, 2017 and is uptrending. It has underperformed by 3.80% the S&P500.

Wynnefield Capital Inc holds 4.34% of its portfolio in Summer Infant, Inc. for 6.42 million shares. Quantum Capital Management owns 227,936 shares or 0.1% of their US portfolio. Moreover, Ancora Advisors Llc has 0.02% invested in the company for 200,000 shares. The Missouri-based Kennedy Capital Management Inc. has invested 0.01% in the stock. Barclays Plc, a United Kingdom-based fund reported 37,645 shares.