Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Harsco Corp (NYSE: NVRI) improved of late. NVRI’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Harsco Corp (NYSE: NVRI) stock rose modestly by 0.7% on 10/25/24. The stock closed at $10.02. However, this advance was accompanied by below average trading volume at 71% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -6.2% during the last week.
Current PriceTarget Research Rating
HSC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
Harsco has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Harsco has a neutral Appreciation Score of 41 but a very high Power Rating of 87, with the Positive Value Trend Rating the result.
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