Enviri (NYSE:NVRI) Reaches New 1-Year High - What's Next?

Key Points

• Enviri Corporation's stock reached a new **52-week high** at $12.84, showing a **4.7% increase** from its previous close of $12.35.
• Analysts have downgraded Enviri's stock rating with Wall Street Zen changing it from **"hold" to "sell,"** and Weiss Ratings maintaining a **"sell (d-)"** rating, contributing to an average consensus target price of **$10.00**.
• Despite a revenue of **$562.25 million**, Enviri reported an **EPS** of ($0.22), falling short of estimates, and indicated a **FY 2025 guidance** of -0.520 to -0.300 EPS.

Enviri Corporation (NYSE:NVRI - Get Free Report)'s stock price reached a new 52-week high on Monday . The company traded as high as $12.84 and last traded at $12.79, with a volume of 344707 shares. The stock had previously closed at $12.35.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Enviri from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Enviri in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Reduce" and a consensus target price of $10.00.

Enviri Trading Up 4.7%

The company has a market cap of $1.04 billion, a price-to-earnings ratio of -6.59 and a beta of 1.93. The company has a quick ratio of 0.88, a current ratio of 1.19 and a debt-to-equity ratio of 3.55. The company's 50-day moving average is $11.53 and its 200 day moving average is $9.13.

Enviri (NYSE:NVRI - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.11). The firm had revenue of $562.25 million for the quarter, compared to analyst estimates of $576.50 million. Enviri had a negative net margin of 7.02% and a negative return on equity of 7.86%. The firm's quarterly revenue was down 7.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.02 EPS. Enviri has set its FY 2025 guidance at -0.520--0.300 EPS. Q3 2025 guidance at -0.100-0.01 EPS. Research analysts predict that Enviri Corporation will post -0.13 EPS for the current year.

Hedge Funds Weigh In On Enviri

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Inspire Investing LLC purchased a new position in Enviri during the third quarter valued at $455,000. Osaic Holdings Inc. lifted its holdings in Enviri by 22.2% during the second quarter. Osaic Holdings Inc. now owns 14,649 shares of the company's stock valued at $127,000 after purchasing an additional 2,658 shares in the last quarter. Public Sector Pension Investment Board lifted its holdings in Enviri by 8.0% during the second quarter. Public Sector Pension Investment Board now owns 274,471 shares of the company's stock valued at $2,382,000 after purchasing an additional 20,357 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its holdings in Enviri by 4.4% during the second quarter. CANADA LIFE ASSURANCE Co now owns 65,977 shares of the company's stock valued at $572,000 after purchasing an additional 2,753 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in Enviri by 88.1% during the second quarter. Tower Research Capital LLC TRC now owns 13,116 shares of the company's stock valued at $114,000 after purchasing an additional 6,144 shares in the last quarter. 93.43% of the stock is owned by hedge funds and other institutional investors.

About Enviri

Enviri Corporation provides environmental solutions for industrial and specialty waste streams in the United States and internationally. The company operates through two segments: Harsco Environmental and Clean Earth. The Harsco Environmental segment offers on-site services under long-term contracts for material logistics, product quality improvement, and resource recovery for iron, steel, and metals manufacturing; manufactures and sells industrial abrasives, roofing granules, aluminum dross, and scrap processing systems; and meltshop and furnace services, such as under-vessel cleaning, removal of ladle slag, and general melt shop debris.

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