Enviri (NVRI) Stock Price, News & Analysis

Company Overview

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. This segment also produces and sells value-added downstream products from industrial waste-stream, including road surfacing and materials, such as slag-based asphalt product under the SteelPhal brand; abrasives and roofing materials under the BLACK BEAUTY and SURE/CUT brand names; Metallurgical Additives; agriculture and turf products comprising soil conditioners and fertilizers under the CrossOver and AgrowSil brands; and cement additives. The Clean Earth segment provides specialty waste processing, treatment, recycling, and beneficial reuse solutions for waste needs, such as hazardous, non-hazardous, and contaminated soils and dredged materials to industrial, retail, healthcare, and construction industries. The company was formerly known as Harsco Corporation and changed its name to Enviri Corporation in June 2023. The company was founded in 1853 and is headquartered in Philadelphia, Pennsylvania.

Key Stats

• Today's Range: $7.18 to $7.85
• 50-Day Range: $6.70 to $10.68
• 52-Week Range: $6.57 to $12.79
• Volume: 4.08 million shs
• Average Volume: 510,927 shs
• Market Capitalization: $611.43 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $10.00
• Consensus Rating: Hold

Enviri Stock Analysis - MarketRank™

Enviri scored higher than 28% of companies evaluated by MarketBeat, and ranked 266th out of 333 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Enviri has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Enviri has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Enviri are expected to grow in the coming year, from ($0.11) to $0.07 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Enviri is -6.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Enviri is -6.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Enviri has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.75% of the float of Enviri has been sold short.

Short Interest Ratio / Days to Cover

Enviri has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Enviri has recently increased by 20.33%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Enviri does not currently pay a dividend.

Dividend Growth

Enviri does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.75% of the float of Enviri has been sold short.

Short Interest Ratio / Days to Cover

Enviri has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Enviri has recently increased by 20.33%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.9 / 5
• News Sentiment: N/A

News Sentiment

Enviri has a news sentiment score of -0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Business Services companies.

Search Interest

Only 1 people have searched for NVRI on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Enviri insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.70% of the stock of Enviri is held by insiders.

Percentage Held by Institutions

93.43% of the stock of Enviri is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NVRI Stock Analysis - Frequently Asked Questions

How have NVRI shares performed this year?

Enviri's stock was trading at $9.00 on January 1st, 2024. Since then, NVRI stock has decreased by 15.2% and is now trading at $7.63.
View the best growth stocks for 2024 here.

How were Enviri's earnings last quarter?

Enviri Co. (NYSE:NVRI) announced its earnings results on Thursday, October, 31st. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.08. Enviri's revenue for the quarter was down 3.9% compared to the same quarter last year.

Who are Enviri's major shareholders?

Enviri's top institutional shareholders include State Street Corp (3.73%), Geode Capital Management LLC (2.29%), Charles Schwab Investment Management Inc. (1.57%) and Brightline Capital Management LLC (1.25%). Insiders that own company stock include F Nicholas Grasberger III and Peter Francis Minan.
View institutional ownership trends.

How do I buy shares of Enviri?

Shares of NVRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Enviri own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Enviri investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Broadcom (AVGO), Invesco QQQ (QQQ) and Palo Alto Networks (PANW).

Company Calendar

• Last Earnings: 10/31/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Services, not elsewhere classified
• Sub-Industry: Business Services
• Current Symbol: NYSE:NVRI
• CUSIP: N/A
• CIK: 45876
• Web: www.enviri.com
• Phone: 267-857-8715
• Fax: 717-763-6424
• Employees: 13,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $10.00
• High Stock Price Target: $10.00
• Low Stock Price Target: $10.00
• Potential Upside/Downside: +31.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.23)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-86,120,000.00
• Net Margins: -4.28%
• Pretax Margin: -0.88%
• Return on Equity: -1.25%
• Return on Assets: -0.24%

Debt

• Debt-to-Equity Ratio: 2.72
• Current Ratio: 1.30
• Quick Ratio: 0.99

Sales & Book Value

• Annual Sales: $2.09 billion
• Price / Sales: 0.29
• Cash Flow: $2.03 per share
• Price / Cash Flow: 3.76
• Book Value: $7.21 per share
• Price / Book: 1.06

Miscellaneous

• Outstanding Shares: 80,135,000
• Free Float: 78,773,000
• Market Cap: $611.43 million
• Optionable: Optionable
• Beta: 2.17