In last trading session, Enviri Corp (NYSE:NVRI) saw 0.39 million shares changing hands with its beta currently measuring 2.18. Company’s recent per share price level of $7.56 trading at $0.23 or 3.14% at ring of the bell on the day assigns it a market valuation of $605.82M. That closing price of NVRI’s stock is at a discount of -69.18% from its 52-week high price of $12.79 and is indicating a premium of 25.26% from its 52-week low price of $5.65. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.62 million shares which gives us an average trading volume of 462.31K if we extend that period to 3-months.
Enviri Corp (NYSE:NVRI) trade information
Upright in the green during last session for gaining 3.14%, in the last five days NVRI remained trading in the green while hitting it’s week-highest on Monday, 11/25/24 when the stock touched $7.56 price level, adding 1.69% to its value on the day. Enviri Corp’s shares saw a change of -16.00% in year-to-date performance and have moved 5.88% in past 5-day. Enviri Corp (NYSE:NVRI) showed a performance of -24.70% in past 30-days. Number of shares sold short was 2.41 million shares which calculate 4.3 days to cover the short interests.
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Wall Street analysts have assigned a consensus price target of 13 to the stock, which implies a rise of 41.85% to its current value. Analysts have been projecting 9 as a low price target for the stock while placing it at a high target of 13. It follows that stock’s current price would drop -19.05% in reaching the projected high whereas dropping to the targeted low would mean a loss of -19.05% for stock’s current value.
Enviri Corp (NVRI) estimates and forecasts
Statistics highlight that Enviri Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -14.58% of value to its shares in past 6 months, showing an annual growth rate of 8.33% while that of industry is 13.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 14.21% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 579.33M for the same. And 1 analysts are in estimates of company making revenue of 598.1M in the next quarter. Company posted 528.82M and 600.32M of sales in current and next quarters respectively a year earlier.
In 2024, company’s earnings growth rate is likely to be around 4.17% while estimates for its earnings growth in next 5 years are of 10.00%.
Enviri Corp (NYSE:NVRI)’s Major holders
Insiders are in possession of 2.37% of company’s total shares while institution are holding 94.57 percent of that, with stock having share float percentage of 96.86%. Investors also watch the number of corporate investors in a company very closely, which is 94.57% institutions for Enviri Corp that are currently holding shares of the company.
On the other hand, iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Aug 31, 2024 , the former fund manager was holding 5.42 shares of worth $40.07 million or 6.76% of the total outstanding shares. The later fund manager was in possession of 2.51 shares on Jun 30, 2024 , making its stake of worth around $18.58 million in the company or a holder of 3.13% of company’s stock.
