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

Enviri Corporation (NYSE:NVRI)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $19.33 and last traded at $18.8070, with a volume of 3896970 shares traded. The stock had previously closed at $18.81.

Wall Street Analyst Weigh In

NVRI has been the topic of several recent analyst reports. Zacks Research raised shares of Enviri to a “hold” rating in a research note on Tuesday, December 16th. CJS Securities raised shares of Enviri to a “hold” rating in a research report on Thursday, December 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of Enviri in a report on Thursday, January 22nd. Finally, Wall Street Zen raised Enviri from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Enviri presently has a consensus rating of “Reduce”.

Enviri Trading Down 0.0%

The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of -9.04 and a beta of 1.78. The business’s fifty day moving average is $18.05 and its 200 day moving average is $13.68. 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 (NYSE:NVRI) last issued its quarterly earnings results on Monday, November 10th. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.03). Enviri had a negative net margin of 7.42% and a negative return on equity of 9.80%. The firm had revenue of $574.82 million during the quarter, compared to the consensus estimate of $573.60 million. During the same quarter last year, the firm earned ($0.01) earnings per share. The business’s revenue for the quarter was up .2% on a year-over-year basis. 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 analysts predict that Enviri Corporation will post -0.13 earnings per share for the current year.

Insider Transactions at Enviri

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 shares were sold at an average price of $18.18, for a total transaction of $176,200.56. Following the sale, the senior vice president directly owned 8,181 shares of the company’s stock, valued at $148,730.58. The trade was a 54.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 2.50% of the company’s stock.

Institutional Trading of Enviri

Institutional investors and hedge funds have recently bought and sold shares of the stock. Baird Financial Group Inc. bought a new position in Enviri in the first quarter valued at approximately $93,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Enviri by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,127 shares of the company’s stock valued at $313,000 after buying an additional 2,028 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Enviri by 3.1% in the first quarter. Empowered Funds LLC now owns 396,638 shares of the company’s stock valued at $2,638,000 after buying an additional 11,762 shares in the last quarter. Jane Street Group LLC increased its holdings in Enviri by 116.0% during the first quarter. Jane Street Group LLC now owns 207,329 shares of the company’s stock worth $1,379,000 after buying an additional 111,359 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in Enviri by 46.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 14,993 shares of the company’s stock worth $132,000 after acquiring an additional 4,774 shares in the last quarter. Institutional investors own 93.43% of the company’s stock.

About Enviri

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.