Enviri (NYSE:NVRI) Reaches New 12-Month High – What’s Next?

Enviri Corporation (NYSE:NVRI)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $18.77 and last traded at $18.74, with a volume of 205507 shares trading hands. The stock had previously closed at $18.28.

Analyst Upgrades and Downgrades

NVRI has been the subject of several research reports. Zacks Research raised Enviri to a “hold” rating in a research report on Tuesday, December 16th. CJS Securities raised Enviri to a “hold” rating in a research note on Thursday, December 11th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Enviri in a research report on Wednesday, October 8th. Finally, Wall Street Zen raised shares of Enviri from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce”.

Enviri Stock Up 2.5%

The firm has a market cap of $1.51 billion, a PE ratio of -9.01 and a beta of 1.78. The company has a current ratio of 1.20, a quick ratio of 0.90 and a debt-to-equity ratio of 3.71. The firm has a 50 day moving average price of $17.50 and a 200-day moving average price of $13.34.

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

Insider Buying and Selling

In other Enviri news, SVP Jennifer Ott Kozak sold 9,692 shares of the firm’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $18.18, for a total value of $176,200.56. Following the sale, the senior vice president directly owned 8,181 shares in the company, valued at $148,730.58. This trade represents a 54.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On Enviri

Several institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC purchased a new position in shares of Enviri during the fourth quarter worth about $11,514,000. Wealth Enhancement Advisory Services LLC increased its stake in shares of Enviri by 5.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 17,420 shares of the company’s stock worth $317,000 after acquiring an additional 872 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Enviri by 121.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 162,450 shares of the company’s stock worth $2,061,000 after buying an additional 89,227 shares in the last quarter. Advisory Services Network LLC acquired a new stake in Enviri in the third quarter valued at $27,000. Finally, Caxton Associates LLP purchased a new stake in shares of Enviri during the 3rd quarter worth $414,000. Hedge funds and other institutional investors own 93.43% of the company’s stock.

Enviri Company Profile

Enviri Inc (NYSE: NVRI) is a provider of environmental monitoring, data intelligence and sustainability solutions for critical infrastructure and industrial operations. The company integrates Internet of Things (IoT) sensor hardware, cloud-based analytics and field services to collect, process and visualize environmental data. Enviri’s platform supports real-time monitoring and historical trend analysis across water, air and wastewater streams to help clients meet regulatory requirements and manage environmental risk.

Enviri’s product suite includes ruggedized sensor networks, remote data loggers, automated sampling systems and a web-based analytics portal.