Perma-Fix Environmental Services (NASDAQ:PESI) Releases Earnings Results, Misses Expectations By $0.16 EPS

Perma-Fix Environmental Services (NASDAQ:PESI) released its quarterly earnings results on Wednesday. The industrial products company reported ($0.40) EPS for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.16), Zacks reports. Perma-Fix Environmental Services had a negative return on equity of 19.26% and a negative net margin of 22.35%.

Here are the key takeaways from Perma-Fix Environmental Services’ conference call:

• Perma-Fix says Hanford is moving from preparation to execution — ETF shipments began mid?April and management estimates ETF alone can support more than $4 million per quarter, while an expanded December 2025 permit and facility investments position Perma?Fix Northwest to support multiple Hanford streams and large grouting programs over years.
• Q1 was weak — revenue fell to $11.1 million (from $13.9M), EBITDA loss widened to $7.0 million, net loss was $7.5 million, and cash declined to $6.7 million; management calls the quarter “transitional” after deliberate inventory reductions and readiness investments.
• PFAS platform showed commercial progress — Perma?Fix completed a DOE PFAS destruction project, is installing a Gen?2 unit at Oak Ridge to add ~2,000 gallons/shift of capacity, and reports new regional airport wins and partnerships that could expand that revenue stream.
• Nuclear services momentum — a mobilized $24 million Livermore master task order is underway, the company is in contention for the large USS Enterprise decommissioning opportunity (award expected soon), and management highlights a growing services pipeline that leverages its integrated treatment/transport/disposal capabilities.

Perma-Fix Environmental Services Stock Performance

Perma-Fix Environmental Services stock traded down $1.15 during midday trading on Wednesday, hitting $11.78. 498,634 shares of the company’s stock were exchanged, compared to its average volume of 121,478. Perma-Fix Environmental Services has a 12-month low of $8.02 and a 12-month high of $16.50. The stock has a market cap of $218.52 million, a price-to-earnings ratio of -15.71 and a beta of 0.61. The firm’s 50 day simple moving average is $12.44 and its 200 day simple moving average is $13.29. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.54 and a current ratio of 1.61.

Institutional Trading of Perma-Fix Environmental Services

Hedge funds and other institutional investors have recently made changes to their positions in the company. BNP Paribas Financial Markets boosted its stake in shares of Perma-Fix Environmental Services by 102.9% in the third quarter. BNP Paribas Financial Markets now owns 3,350 shares of the industrial products company’s stock valued at $34,000 after buying an additional 1,699 shares in the last quarter. MetLife Investment Management LLC lifted its holdings in Perma-Fix Environmental Services by 171.6% in the fourth quarter. MetLife Investment Management LLC now owns 9,154 shares of the industrial products company’s stock valued at $115,000 after acquiring an additional 5,784 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Perma-Fix Environmental Services by 18.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,849 shares of the industrial products company’s stock worth $72,000 after purchasing an additional 1,515 shares during the period. Cubist Systematic Strategies LLC purchased a new position in shares of Perma-Fix Environmental Services in the 1st quarter valued at about $77,000. Finally, Price T Rowe Associates Inc. MD purchased a new position in shares of Perma-Fix Environmental Services in the 4th quarter valued at about $142,000. Hedge funds and other institutional investors own 25.52% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Perma-Fix Environmental Services in a report on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

About Perma-Fix Environmental Services

Perma-Fix Environmental Services, Inc (NASDAQ: PESI) is a specialized provider of environmental and nuclear waste management solutions. The company offers a comprehensive suite of services, including treatment, recycling, processing, volume reduction and disposal of hazardous, radioactive and mixed wastes. Its capabilities span thermal, chemical and physical treatment technologies, supported by a network of licensed facilities designed to handle complex waste streams.

Founded in 1994 and headquartered in Atlanta, Georgia, Perma-Fix has grown both organically and through strategic acquisitions.