Enviri (NYSE:NVRI) Upgraded to Hold at Zacks Research

Zacks Research upgraded shares of Enviri (NYSE:NVRI) to a hold rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

Several other equities analysts have also issued reports on the stock. CJS Securities upgraded shares of Enviri to a “hold” rating in a report on Thursday, December 11th. Wall Street Zen raised shares of Enviri from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Enviri in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce”.

Enviri Trading Up 0.6%

NVRI opened at $17.96 on Tuesday. The company has a quick ratio of 0.90, a current ratio of 1.20 and a debt-to-equity ratio of 3.71. Enviri has a 52 week low of $4.72 and a 52 week high of $18.74. The stock has a market cap of $1.45 billion, a PE ratio of -8.64 and a beta of 1.77. The business has a 50 day moving average of $14.77 and a 200-day moving average of $11.67.

Enviri (NYSE:NVRI) last issued its quarterly earnings results on Monday, November 10th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.03). The firm had revenue of $574.82 million during the quarter, compared to analysts’ expectations of $573.60 million. Enviri had a negative return on equity of 9.80% and a negative net margin of 7.42%.Enviri’s revenue for the quarter was up .2% on a year-over-year basis. During the same period in the previous year, the company earned ($0.01) earnings per share. Enviri has set its FY 2025 guidance at -0.740–0.620 EPS and its Q4 2025 guidance at -0.260–0.130 EPS. Equities research analysts predict that Enviri will post -0.13 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Enviri news, SVP Jennifer Ott Kozak sold 9,692 shares of the business’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $18.18, for a total value of $176,200.56. Following the completion of the transaction, the senior vice president owned 8,181 shares of the company’s stock, valued at approximately $148,730.58. The trade was a 54.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.50% of the company’s stock.

Institutional Trading of Enviri

A number of large investors have recently made changes to their positions in NVRI. Amalgamated Bank lifted its position in Enviri by 3.6% during the third quarter. Amalgamated Bank now owns 23,636 shares of the company’s stock valued at $300,000 after purchasing an additional 825 shares in the last quarter. Rhumbline Advisers raised its stake in shares of Enviri by 0.5% in the second quarter. Rhumbline Advisers now owns 238,076 shares of the company’s stock worth $2,066,000 after buying an additional 1,150 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Enviri by 7.8% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 20,667 shares of the company’s stock worth $179,000 after buying an additional 1,490 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Enviri by 14.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,640 shares of the company’s stock valued at $110,000 after buying an additional 1,554 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of Enviri by 10.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 16,548 shares of the company’s stock valued at $195,000 after acquiring an additional 1,555 shares during the period. 93.43% of the stock is currently owned by 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.