Enviri (NYSE:NVRI) Sees Large Volume Increase – Still a Buy?

Enviri Corporation (NYSE:NVRI) shares saw unusually-strong trading volume on Monday . Approximately 1,192,013 shares were traded during mid-day trading, an increase of 20% from the previous session’s volume of 994,709 shares.The stock last traded at $18.0310 and had previously closed at $17.40.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on NVRI shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Enviri in a research note on Wednesday, October 8th. Wall Street Zen raised Enviri from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Enviri Trading Down 0.1%

The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of -9.36 and a beta of 1.92. The business’s 50-day moving average price is $12.85 and its 200 day moving average price is $10.53. The company has a debt-to-equity ratio of 3.55, a current ratio of 1.19 and a quick ratio of 0.88.

Enviri (NYSE:NVRI) last released its quarterly earnings results on Monday, November 10th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.03). The firm had revenue of $574.82 million for the quarter, compared to analysts’ expectations of $573.60 million. Enviri had a negative return on equity of 7.86% and a negative net margin of 7.02%.The business’s quarterly revenue was up .2% on a year-over-year basis. During the same period last year, the firm earned ($0.01) EPS. Enviri has set its FY 2025 guidance at -0.740–0.620 EPS. Q4 2025 guidance at -0.260–0.130 EPS. On average, equities analysts forecast that Enviri Corporation will post -0.13 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Enviri

Hedge funds and other institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC acquired a new stake in Enviri in the third quarter valued at $27,000. CWM LLC raised its stake in shares of Enviri by 231.7% in the 2nd quarter. CWM LLC now owns 4,893 shares of the company’s stock valued at $42,000 after purchasing an additional 3,418 shares in the last quarter. Brooklyn Investment Group lifted its position in shares of Enviri by 11,332.3% during the first quarter. Brooklyn Investment Group now owns 7,431 shares of the company’s stock worth $49,000 after purchasing an additional 7,366 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of Enviri by 43.8% during the second quarter. BNP Paribas Financial Markets now owns 7,621 shares of the company’s stock worth $66,000 after purchasing an additional 2,322 shares during the last quarter. Finally, Entropy Technologies LP acquired a new position in Enviri in the first quarter worth about $70,000. 93.43% of the stock is currently owned by hedge funds and other 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.