Enviri (NYSE:NVRI) Reaches New 1-Year High – Time to Buy?

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

Analysts Set New Price Targets

A number of research analysts recently issued reports on NVRI shares. Zacks Research upgraded shares of Enviri to a “hold” rating in a research note on Tuesday, December 16th. Wall Street Zen raised Enviri from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Enviri in a research note on Thursday, January 22nd. Finally, CJS Securities upgraded Enviri to a “hold” rating in a research note on Thursday, December 11th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Enviri has an average rating of “Reduce”.

Enviri Stock Performance

The company has a quick ratio of 0.90, a current ratio of 1.20 and a debt-to-equity ratio of 3.71. The firm has a 50-day moving average of $18.05 and a 200 day moving average of $13.68. The stock has a market capitalization of $1.52 billion, a P/E ratio of -9.04 and a beta of 1.78.

Enviri (NYSE:NVRI) last released its quarterly earnings data on Monday, November 10th. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.03). The business had revenue of $574.82 million for the quarter, compared to the consensus estimate of $573.60 million. Enviri had a negative return on equity of 9.80% and a negative net margin of 7.42%.Enviri’s revenue was up .2% on a year-over-year basis. During the same period in the previous year, the business posted ($0.01) earnings per share. Enviri has set its FY 2025 guidance at -0.740–0.620 EPS and its Q4 2025 guidance at -0.260–0.130 EPS. Research analysts anticipate that Enviri Corporation will post -0.13 EPS for the current fiscal year.

Insider Activity at Enviri

In related news, SVP Jennifer Ott Kozak sold 9,692 shares of the business’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $18.18, for a total value of $176,200.56. Following the sale, the senior vice president 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 Securities & Exchange Commission, which is available through this hyperlink. 2.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On Enviri

Institutional investors and hedge funds have recently made changes to their positions in the company. Amalgamated Bank grew its holdings in Enviri by 3.6% during the 3rd quarter. Amalgamated Bank now owns 23,636 shares of the company’s stock worth $300,000 after acquiring an additional 825 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Enviri by 5.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 17,420 shares of the company’s stock worth $317,000 after purchasing an additional 872 shares during the last quarter. Rhumbline Advisers grew its stake in shares of Enviri by 0.5% during the second quarter. Rhumbline Advisers now owns 238,076 shares of the company’s stock worth $2,066,000 after purchasing an additional 1,150 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Enviri by 7.8% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 20,667 shares of the company’s stock valued at $179,000 after purchasing an additional 1,490 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in Enviri by 14.0% in the second quarter. Envestnet Asset Management Inc. now owns 12,640 shares of the company’s stock valued at $110,000 after buying an additional 1,554 shares during the period. Institutional investors and hedge funds own 93.43% of the company’s stock.

Enviri Company Profile

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.