Covista Inc. · Educational Services

CVSA

Low riskNext report: In 2 days (est.)

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The short version

A high-quality, profitable business with steady sales.

Going well

Profitable
Sales up 13% last year
Brings in more cash than it spends

Money moves

Insiders sold $1.1M in the last 30 days, all through pre-planned sales
Institutions cut 0.2% from their holdings in the quarter ending June 2026 (197 bought, 160 sold)
Held by Ray Dalio (Bridgewater)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$131.62-0.1% that day

Company value: $4.5B; Share price times all shares
Price vs profit (P/E): 18.7x; You pay about $19 for each $1 of yearly profit
Price vs sales: 2.3x; Company value is 2.3 times a year of sales
Cash vs value: 9%; Cash as a share of company value
Debt vs value: 11%; Debt as a share of company value

From CVSA's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26 (worked out from yearly totals)

$501.4M+9.7% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $2.0B, up 9.3% from the 12 months before. Over 5 years, sales grew about 16% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of CVSA. Starting points are the company's recent numbers.

Sales growth+9% a yearRecently: +9.3% a yearProfit margin13%Last 12 months: 12.9%P/E at the end19xToday: 18.7x. Many steady companies trade at 12x to 25xShare count change-5% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$3.0B

Profit in 5 years$391M

Price these guesses point to$281.96+114% vs $131.62 todayAbout +16% a year, before dividends

What today's price needs: with a 13% margin and a 19x P/E, sales could shrink about 6.4% a year for 5 years and still match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

5/6Strong

PassReturn on equity 15%+Earns a lot on the money owners have in the business.16.8%
PassDebt under half of equityNot relying on borrowed money.0.37x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.13.3%
MissProfitable every yearSteady profits, not one good year.8 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$287.6M
PassShare count not growingNot diluting owners. Falling means buybacks.-20.8% in 3 years

Revenue: $1.8B; +12.9% vs prior year
5-year growth: +15.6%/yr; revenue, per year
Total debt: $504.3M; 0.37x equity
Current ratio: 0.68x; short-term assets / bills due

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jun 30, 2026

Reported Aug 6

Revenue: $501.4M; +9.7% YoY
EPS: $2.05; vs $1.44
Op. margin: 19.0%; +2.2 pts
Gross margin: 56.8%; +0.3 pts
Free cash flow: $97.1M
Share count: -5.3%; vs a year ago

Some values are worked out from year-to-date totals in the annual report.

Insider rating

Last 90 days

45Mixed

Pre-planned sales of $1.1M (weaker signal)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

0/ 100

This week: 0
Normal week: 2.3
vs normal: 0.0x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Steady-0.2%

Institutions cut 0.2% from their holdings. 197 bought, 160 sold.

Shares held by institutions34.3M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

-6.4%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

0.5x · $662.9M debt

Shares outstandingLatest reported

34M

Earnings reports

Last 12

Next reportIn 2 days (est.)Estimated from the same quarter last year

Results filedAug 6
Results filedMay 7
Results filedJan 28
Results filedOct 30, 2025
Results filedAug 7, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

5%+ holder update (passive)Sep 8 · View filing ↗Big holder 5%+ holder update (passive)Aug 6 · View filing ↗Big holder

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$1.1M1 insider, 1 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
Stephen W. Beard,Chairman & CEO	Sell	8K	$130.59	$1.1M	469K	Oct 9Filing ↗
-1.7% of their holdings $130.37 to $130.77 across 2 trades Traded Oct 8 to Oct 9 Pre-planned sale (10b5-1) Filed same day