Enviri (NYSE:NVRI) Sets New 1-Year High – Here’s What Happened

Shares of Enviri Corporation (NYSE:NVRI) reached a new 52-week high on Tuesday . The stock traded as high as $19.42 and last traded at $19.2150, with a volume of 56676 shares traded. The stock had previously closed at $19.26.

Analyst Upgrades and Downgrades

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

Enviri Stock Performance

The company has a market capitalization of $1.54 billion, a price-to-earnings ratio of -9.17 and a beta of 1.77. 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 stock has a fifty day moving average price of $18.35 and a two-hundred day moving average price of $14.06.

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 analyst estimates 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 for the quarter was up .2% on a year-over-year basis. During the same period in the prior year, the business earned ($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. As a group, analysts forecast that Enviri Corporation will post -0.13 EPS for the current fiscal year.

Insider Buying and Selling

In other news, SVP Jennifer Ott Kozak sold 9,692 shares of the company’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $18.18, for a total transaction of $176,200.56. Following the completion of the transaction, the senior vice president owned 8,181 shares of the company’s stock, valued at $148,730.58. This represents a 54.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 2.50% of the company’s stock.

Institutional Trading of Enviri

A number of hedge funds and other institutional investors have recently made changes to their positions in NVRI. Amalgamated Bank increased its stake in shares of Enviri by 3.6% in the third quarter. Amalgamated Bank now owns 23,636 shares of the company’s stock valued at $300,000 after purchasing an additional 825 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in 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 buying an additional 872 shares in the last quarter. Rhumbline Advisers increased its position in Enviri by 0.5% in the 2nd quarter. Rhumbline Advisers now owns 238,076 shares of the company’s stock valued at $2,066,000 after acquiring an additional 1,150 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Enviri by 7.8% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 20,667 shares of the company’s stock valued at $179,000 after acquiring an additional 1,490 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised 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 valued at $110,000 after acquiring an additional 1,554 shares in the last quarter. Institutional investors own 93.43% of the company’s stock.

About Enviri

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.