Harsco Corp (NYSE: NVRI) has reported E.P.S. of $-0.15 for its third fiscal quarter (ending September 30) versus $-0.12 for the same period a year ago — an increase of 25%. For the latest four quarters through September 30, E.P.S. were $-0.69 compared to $-0.66 a year ago — an increase of 5%.
Recent Price Action
Harsco Corp (NYSE: NVRI) stock closed at $7.66 on 10/31/24 after a major decline of -23.7%. Moreover, trading volume in this decline was exceptionally high at 346% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -22.5% 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). 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 54 but a very high Power Rating of 87, and the Positive Value Trend Rating results.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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