Enviri (NYSE:NVRI) and Clean Harbors (NYSE:CLH) Critical Analysis

Enviri (NYSE:NVRI) and Clean Harbors (NYSE:CLH) are both business services companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, earnings, profitability, dividends and analyst recommendations.

Analyst Ratings

This is a breakdown of recent ratings and price targets for Enviri and Clean Harbors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Enviri	1	1	0	0	1.50
Clean Harbors	0	3	8	1	2.83

Enviri currently has a consensus target price of $10.00, indicating a potential downside of 16.73%. Clean Harbors has a consensus target price of $262.45, indicating a potential upside of 14.85%. Given Clean Harbors’ stronger consensus rating and higher probable upside, analysts clearly believe Clean Harbors is more favorable than Enviri.

Profitability

This table compares Enviri and Clean Harbors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Enviri	-7.02%	-7.86%	-1.33%
Clean Harbors	6.48%	14.82%	5.24%

Earnings & Valuation

This table compares Enviri and Clean Harbors”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Enviri	$2.34 billion	0.41	-$127.97 million	($1.96)	-6.13
Clean Harbors	$5.89 billion	2.08	$402.30 million	$7.12	32.09

Clean Harbors has higher revenue and earnings than Enviri. Enviri is trading at a lower price-to-earnings ratio than Clean Harbors, indicating that it is currently the more affordable of the two stocks.

Institutional & Insider Ownership

93.4% of Enviri shares are held by institutional investors. Comparatively, 90.4% of Clean Harbors shares are held by institutional investors. 2.5% of Enviri shares are held by insiders. Comparatively, 5.6% of Clean Harbors shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Volatility and Risk

Enviri has a beta of 1.93, suggesting that its stock price is 93% more volatile than the S&P 500. Comparatively, Clean Harbors has a beta of 1.18, suggesting that its stock price is 18% more volatile than the S&P 500.

Summary

Clean Harbors beats Enviri on 13 of the 15 factors compared between the two stocks.

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. 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.

About Clean Harbors

Clean Harbors, Inc. provides environmental and industrial services in the United States and internationally. The company operates through two segments, Environmental Services and Safety-Kleen Sustainability Solutions. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste, such as resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and offers CleanPack services, including collection, identification, categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste. This segment also provides industrial maintenance and specialty industrial services; and utilizes specialty equipment and resources that performs field services. The Safety-Kleen Sustainability Solutions segment provides pickup and transportation services for hazardous and non-hazardous containerized waste for recycling or disposal; machine cleaning and maintenance, and disposal and replenishment of clean solvent or aqueous fluids; and vacuum services to remove solids, residual oily water, and sludge and other fluids from customers' oil/water separators, sumps, and collection tanks, as well as removes and collects waste fluids found at large and small industrial locations, including metal fabricators, auto maintenance providers, and general manufacturers. This segment also manufactures, formulates, packages, distributes, and markets lubricants and other automotive products. Clean Harbors, Inc. was incorporated in 1980 and is headquartered in Norwell, Massachusetts.