Covalon Technologies Ltd. (COV)

Currency in CAD
1.900
-0.050(-2.56%)
Closed·
High dividend Yield
COV is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
1.8301.990
52 wk Range
1.5503.100
Key Statistics
Bid/Ask
1.83 / 1.99
Prev. Close
1.9
Open
1.99
Day's Range
1.83-1.99
52 wk Range
1.55-3.1
Volume
17.74K
Average Volume (3m)
13.26K
1-Year Change
-15.9292%
Fair Value
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Fair Value Upside
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COV Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
2.900
Upside
+52.63%
Members' Sentiments
Bearish
Bullish
ProTips
Valuation implies a strong free cash flow yield
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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Sell

Covalon Technologies Ltd. engages in the research, development, manufacturing, and marketing of medical products in infection management, advanced wound care, and surgical procedure areas in the United States, the Middle East, Canada, Latin America, Asia, and internationally. The company’s platform technologies comprises collagen matrix platform that is used to manufacture a family of products to treat chronic and infected wounds, including diabetic ulcers, pressure ulcers, venous ulcers, donor and graft sites, traumatic wounds healing by secondary intention, dehisced surgical wounds, and first and second degree burns; and antimicrobial silicone adhesive platform, which is used for family of pre- and post-surgical, and vascular access products that are designed to kill bacteria or yeast that comes into contact with the antimicrobial silicone. It also offers a medical coating platform, a process that utilizes photo-polymerization to create active grafting sites where new polymer chains are initiated and propagated from the surface of an existing medical device. In addition, the company provides advanced wound care, antimicrobial dressings, collagen dressings, IV dressings, perioperative dressings, silicone dressings, vascular access line guards, and wound dressings; and surgical, peri-operative, and infection management products. It sells its products directly and through independent distributors under the ColActive, ColActive PLUS, CovaWound, CovaView, CovaClear IV, IV Clear, SurgiClear, MediClear, and VALGuard brands. The company serves health care providers, such as hospitals, wound care centers, burn centers, extended/alternate care facilities, acute care facilities, home health care agencies, and physicians’ offices. Covalon Technologies Ltd. is headquartered in Mississauga, Canada.

Covalon Technologies Ltd. Earnings Call Summary for Q1/2026

  • Covalon reported Q1 FY2026 EPS of $0, beating forecast of -$0.03, though revenue declined to $6.89M; stock fell 0.62% to $1.60.
  • Gross margins remained robust at 58%, significantly outperforming industry peers, with strong liquidity indicated by 5.94 current ratio.
  • Secured major hospital contracts including Mayo Clinic and Texas Children's Hospital, expanding presence in adult acute care market.
  • Management projects Q2 revenue acceleration and strong FY2026 performance, calling Q1 softness 'an exception, not a trend.'
  • Company maintains $60M market cap with 0.5 beta, facing risks from competitive pressures and potential supply chain disruptions.
Last Updated: 25/02/2026, 15:30
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Compare COV to Peers and Sector

Metrics to compare
COV
Peers
Sector
Relationship
P/E Ratio
53.7x−4.1x−0.5x
PEG Ratio
−0.660.030.00
Price/Book
2.0x0.8x2.6x
Price / LTM Sales
1.7x3.0x3.2x
Upside (Analyst Target)
52.6%181.8%45.2%
Fair Value Upside
Unlock3.3%6.4%Unlock

Analyst Ratings

1 Buy
0 Hold
0 Sell
Ratings:
1 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 2.900
(+52.63% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.03%
Dividend Yield
7.69%
Industry Median 0.99%
Annualised payout
0.15
Paid unevenly
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Feb 25, 2026
EPS / Forecast
-- / -0.03
Revenue / Forecast
6.89M / --
EPS Revisions
Last 90 days

COV Income Statement

FAQ

What Is the Covalon Technologies (COV) Stock Price Today?

The Covalon Technologies stock price today is 1.900 CAD.

What Stock Exchange Does Covalon Technologies Trade On?

Covalon Technologies is listed and trades on the TSX Venture Exchange.

What Is the Stock Symbol for Covalon Technologies?

The stock symbol for Covalon Technologies is "COV."

What Is the Covalon Technologies Market Cap?

As of today, Covalon Technologies market cap is 52.470M CAD.

What Is Covalon Technologies's Earnings Per Share (TTM)?

The Covalon Technologies EPS (TTM) is 0.034.

When Is the Next Covalon Technologies Earnings Date?

Covalon Technologies will release its next earnings report on Jun 01, 2026.

From a Technical Analysis Perspective, Is COV a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.

How Many Times Has Covalon Technologies Stock Split?

Covalon Technologies has split 1 times.

How Many Employees Does Covalon Technologies Have?

Covalon Technologies has 37 employees.

What is the current trading status of Covalon Technologies (COV)?

As of Apr 23, 2026, Covalon Technologies (COV) is trading at a price of 1.900 CAD, with a previous close of 1.900 CAD. The stock has fluctuated within a day range of 1.830 CAD to 1.990 CAD, while its 52-week range spans from 1.550 CAD to 3.100 CAD.

What Is Covalon Technologies (COV) Price Target According to Analysts?

The average 12-month price target for Covalon Technologies is 2.900 CAD, with a high estimate of 2.9 CAD and a low estimate of 2.9 CAD. 1 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +52.63% Upside potential.
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