Enviri (NYSE:NVRI – Get Free Report) announced its quarterly earnings results on Monday. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.03), Zacks reports. Enviri had a negative return on equity of 7.86% and a negative net margin of 7.02%.Enviri’s quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.01) EPS. Enviri updated its FY 2025 guidance to -0.740–0.620 EPS and its Q4 2025 guidance to -0.260–0.130 EPS.
Enviri Stock Down 0.3%
NVRI opened at $12.19 on Monday. The company has a market cap of $983.42 million, a PE ratio of -6.22 and a beta of 1.92. Enviri has a twelve month low of $4.72 and a twelve month high of $13.53. The company has a 50-day moving average price of $12.21 and a 200 day moving average price of $9.89. The company has a quick ratio of 0.88, a current ratio of 1.19 and a debt-to-equity ratio of 3.55.
Analyst Ratings Changes
A number of brokerages have weighed in on NVRI. Wall Street Zen downgraded shares of Enviri from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of Enviri in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Enviri has a consensus rating of “Sell”.
Hedge Funds Weigh In On Enviri
Hedge funds and other institutional investors have recently made changes to their positions in the company. Baird Financial Group Inc. acquired a new stake in shares of Enviri in the first quarter worth approximately $93,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in 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 purchasing an additional 2,028 shares during the last quarter. Empowered Funds LLC lifted its holdings in Enviri by 3.1% in the 1st quarter. Empowered Funds LLC now owns 396,638 shares of the company’s stock valued at $2,638,000 after purchasing an additional 11,762 shares in the last quarter. Jane Street Group LLC lifted its holdings in Enviri by 116.0% in the 1st quarter. Jane Street Group LLC now owns 207,329 shares of the company’s stock valued at $1,379,000 after purchasing an additional 111,359 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in Enviri by 14.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,640 shares of the company’s stock worth $110,000 after purchasing an additional 1,554 shares during the last quarter. Hedge funds and other institutional investors own 93.43% of the company’s stock.
Enviri Company Profile
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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