Key Points
- SVP Jennifer Ott Kozak sold 9,692 shares of Enviri on Dec. 8 at an average price of $18.18 for $176,200.56, cutting her stake by 54.23% to 8,181 shares, per an SEC filing.
- Enviri reported quarterly EPS of ($0.08), missing estimates and issued negative FY2025 guidance of -0.740 to -0.620 (Q4: -0.260 to -0.130); analysts maintain an average "Sell" rating while the stock trades near a $1.46 billion market cap.
Enviri Corporation (NYSE:NVRI - Get Free Report) SVP Jennifer Ott Kozak sold 9,692 shares of the business's stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $18.18, for a total transaction of $176,200.56. Following the transaction, the senior vice president owned 8,181 shares in the company, valued at $148,730.58. The trade was a 54.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Enviri Stock Down 0.6%
NVRI stock opened at $18.11 on Wednesday. The company has a current ratio of 1.20, a quick ratio of 0.90 and a debt-to-equity ratio of 3.71. The firm has a 50-day moving average of $14.03 and a two-hundred day moving average of $11.27. Enviri Corporation has a 12 month low of $4.72 and a 12 month high of $18.74. The company has a market cap of $1.46 billion, a price-to-earnings ratio of -8.71 and a beta of 1.77.
Enviri (NYSE:NVRI - Get Free Report) last posted its quarterly earnings results on Monday, November 10th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.03). Enviri had a negative net margin of 7.42% and a negative return on equity of 9.80%. The company had revenue of $574.82 million during the quarter, compared to analysts' expectations of $573.60 million. During the same quarter last year, the company earned ($0.01) earnings per share. Enviri's revenue for the quarter was up .2% on a year-over-year basis. 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 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
NVRI has been the subject of a number of recent research reports. Wall Street Zen raised Enviri from a "sell" rating to a "hold" rating in a research note on Saturday, November 15th. Weiss Ratings restated a "sell (d-)" rating on shares of Enviri in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Enviri currently has an average rating of "Sell".
Check Out Our Latest Stock Analysis on NVRI
Hedge Funds Weigh In On Enviri
Hedge funds have recently modified their holdings of the business. Advisory Services Network LLC acquired a new stake in shares of Enviri during the 3rd quarter worth about $27,000. CWM LLC boosted its stake in Enviri by 231.7% during the second quarter. CWM LLC now owns 4,893 shares of the company's stock worth $42,000 after buying an additional 3,418 shares during the period. Brooklyn Investment Group boosted its stake in 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 buying an additional 7,366 shares during the period. BNP Paribas Financial Markets increased 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 valued at $66,000 after acquiring an additional 2,322 shares during the last quarter. Finally, Entropy Technologies LP purchased a new stake in shares of Enviri in the 1st quarter valued at approximately $70,000. 93.43% of the stock is currently owned by hedge funds and other institutional investors.
About Enviri
(
Get Free Report)
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.
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