Enviri (NYSE:NVRI – Get Free Report) posted its quarterly earnings data on Thursday. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.08), Briefing.com reports. Enviri had a negative return on equity of 1.25% and a negative net margin of 4.28%. The company had revenue of $573.60 million for the quarter, compared to analyst estimates of $613.63 million. During the same quarter in the previous year, the firm posted $0.05 EPS. Enviri’s quarterly revenue was down 3.9% on a year-over-year basis.
Enviri Price Performance
Shares of NVRI traded down $0.39 on Friday, hitting $7.27. The company’s stock had a trading volume of 1,248,843 shares, compared to its average volume of 289,650. The company has a 50 day moving average price of $10.33 and a 200 day moving average price of $9.60. Enviri has a fifty-two week low of $5.64 and a fifty-two week high of $12.79. The company has a market capitalization of $582.41 million, a PE ratio of -5.91 and a beta of 2.22. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.30 and a quick ratio of 1.00.
Analyst Upgrades and Downgrades
Separately, BMO Capital Markets lowered their price target on Enviri from $13.00 to $10.00 and set a “market perform” rating on the stock in a report on Friday.
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.
Featured Stories
- Five stocks we like better than Enviri
- 10 Best Airline Stocks to Buy
- From PACs to Portfolios: Billionaire Bets and Investor Reactions
- Want to Profit on the Downtrend? Downtrends, Explained.
- AppLovin Stock Quadruples: What’s Behind the Bullish Sentiment?
- Learn Technical Analysis Skills to Master the Stock Market
- Battle of the Retailers: Who Comes Out on Top?
Receive News & Ratings for Enviri Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enviri and related companies with MarketBeat.com's FREE daily email newsletter.
