Harsco Corporation is a global market leader providing environmental solutions for industrial and specialty waste streams and innovative technologies for the rail sector. Based in Camp Hill, PA, the 13,000-employee company operates in more than 30 countries. Harsco's common stock is a component of the S&P SmallCap 600 Index and the Russell 2000 Index.

Company profile
Ticker
HSC
Exchange
Website
CEO
F. Nicholas Grasberger
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Harsco Metals Argentina S.A. • Harsco (Australia) Pty. Limited • Harsco Metals Australia • Harsco Rail Pty. Ltd. • Harsco Belgium SRL • Harsco Metals Emirates Partnership • Harsco Brazil Investments SRL • Harsco Chile Investments SRL • Harsco Metals Limitada • Harsco Minerais Limitada ...
IRS number
231483991
HSC stock data
News

Harsco's CFO Anshooman Aga Resigns To Join Vontier
12 Aug 22
Harsco CFO Anshooman Aga To Resign, Pete Minan Appointed CFO
12 Aug 22
Why Shares Of Cannabis Companies Traded Higher; Here Are 101 Biggest Movers From Yesterday
3 Aug 22
Uber, Lyft And Some Other Big Stocks Recording Gains On Tuesday
3 Aug 22
12 Industrials Stocks Moving In Tuesday's Intraday Session
2 Aug 22
Press releases
Vontier Appoints Anshooman Aga as Chief Financial Officer
12 Aug 22
Harsco Corporation Announces Chief Financial Officer Transition
12 Aug 22
Harsco Corporation to Participate in Upcoming Investor Conferences
5 Aug 22
Clean Earth And Harsco Environmental, Divisions Of Harsco Corporation, Named As Top 200 Environmental Firms By Engineering News-Record
4 Aug 22
Harsco Provides Preliminary Second Quarter Operating Results and Updated Full Year Outlook Given Unprecedented Inflation
15 Jul 22
Analyst ratings and price targets
Current price
Average target
$11.00
Low target
$7.00
High target
$13.00
DA Davidson
Maintains
$13.00
Barrington Research
Maintains
$13.00
BMO Capital
Initiated
$7.00
Calendar
5 Aug 22
20 Aug 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 100.81M | 100.81M | 100.81M | 100.81M | 100.81M | 100.81M |
Cash burn (monthly) | (no burn) | (no burn) | 32.33M | 5.16M | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 54.53M | 8.7M | n/a | n/a |
Cash remaining | n/a | n/a | 46.28M | 92.1M | n/a | n/a |
Runway (months of cash) | n/a | n/a | 1.4 | 17.8 | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 May 22 | Earl James F | RSU Common Stock | Grant | Acquire A | No | No | 0 | 15,924 | 0 | 15,924 |
9 May 22 | Purvis Edgar M Jr | RSU Common Stock | Grant | Acquire A | No | No | 0 | 15,924 | 0 | 15,924 |
9 May 22 | Kathy G Eddy | RSU Common Stock | Grant | Acquire A | No | No | 0 | 15,924 | 0 | 15,924 |
9 May 22 | Widman Phillip | RSU Common Stock | Grant | Acquire A | No | No | 0 | 15,924 | 0 | 15,924 |
9 May 22 | Longhi Mario | RSU Common Stock | Grant | Acquire A | No | No | 0 | 15,924 | 0 | 15,924 |
Institutional ownership, Q2 2022
13F holders | Current |
---|---|
Total holders | 179 |
Opened positions | 25 |
Closed positions | 33 |
Increased positions | 61 |
Reduced positions | 60 |
13F shares | Current |
---|---|
Total value | 1.03B |
Total shares | 72.94M |
Total puts | 7.8K |
Total calls | 36.7K |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 13.05M | $92.77M |
Vanguard | 8.48M | $60.26M |
Barrow Hanley Mewhinney & Strauss | 4.8M | $34.13M |
Cooper Creek Partners Management | 4.59M | $32.63M |
STT State Street | 2.88M | $20.45M |
Dimensional Fund Advisors | 2.87M | $20.42M |
Aristotle Capital Boston | 2.81M | $19.99M |
ATAC Neuberger Berman | 2.79M | $19.82M |
Jennison Associates | 2.02M | $14.36M |
William Blair Investment Management | 2.01M | $14.32M |
Financial report summary
?Risks
- The seasonality of the Company's business may cause quarterly results to fluctuate.
- If the Harsco Clean Earth Segment is unable to obtain or renew its operating permits or license agreements with regulatory bodies, its business would be adversely affected.
- Higher than expected claims under insurance policies, under which the Company retains a portion of the risk, could adversely impact results of operations and cash flows.
- The Harsco Clean Earth Segment's insurance policies do not cover all losses, costs, or liabilities that it may experience.
- The waste management industry, in which the Harsco Clean Earth Segment is a participant, is subject to various economic, business, and regulatory risks.
- Increases in purchase prices (or decreases in selling prices) or availability of steel or other materials and commodities may affect the Company's profitability.
- The success of the Company's strategic ventures depends on the satisfactory performance by strategic venture partners of their strategic venture obligations.
- If the Company fails to maintain safe worksites, it may be subject to significant operating risks and hazards.
- Union disputes or other labor matters could adversely affect the Company's operations and financial results.
- The Company's intellectual property portfolio may not prevent competitors from independently developing similar or duplicative products and services.
- Outbreaks of disease and health epidemics, such as COVID-19, have had, and could continue to have, a negative impact on the Company's business revenues, financial position, results of operations and/or stock price.
- Negative economic conditions may adversely impact demand for the Company's products and services, as well as the ability of the Company's customers to meet their obligations to the Company on a timely basis.
- Cyclical industry and economic conditions may adversely affect the Company's businesses.
- Exchange rate fluctuations may adversely impact the Company's business.
- Due to the international nature of the Company's business, the Company could be adversely affected by violations of certain laws.
- A negative outcome on personal injury claims against the Company may adversely impact results of operations and financial condition.
- The Company’s ongoing operations are subject to extensive laws, regulations, rules and ordinances relating to safety, health and environmental matters that impose significant costs and liabilities on the Company, and future laws and governmental standards could increase these costs and liabilities.
- The Company is subject to various environmental laws, and the success of existing or future environmental claims against it could adversely impact the Company's results of operations and cash flows.
- The nature of the Company’s products creates the possibility of significant product liability and warranty claims, which could harm its business.
- Restrictions imposed by the Company's Senior Secured Credit Facilities and other financing arrangements may limit the Company's operating and financial flexibility.
- The Company is exposed to counterparty risk in its derivative financial arrangements.
- The Company’s variable rate indebtedness subjects it to interest rate risk, which could cause the Company's debt service obligations to increase significantly.
- The Company is subject to taxes in numerous jurisdictions and could be subject to additional tax liabilities, which could materially adversely affect the Company’s results of operations and cash flows and impact the Company’s ability to compete abroad.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
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New words:
accelerate, accrual, Additionally, bankruptcy, CACP, commercial, corrected, DCF, derecognized, efficiency, expenditure, external, facilitate, fail, focused, freight, inflationary, institution, long, margin, maximum, mitigate, mitigating, modestly, open, ownership, PNC, professional, purpose, realize, realized, securitization, SPE, suspending, swap, track, unaffiliated, unprecedented, WACC
Removed:
improvement, integration, mix, organic, sustained, synergy, Unused
Financial reports
Current reports
8-K
Harsco Corporation Announces Chief Financial Officer Transition
12 Aug 22
8-K
Harsco Corporation Reports Second Quarter 2022 Results
2 Aug 22
8-K
Harsco Provides Preliminary Second Quarter
15 Jul 22
8-K
Harsco Corporation Completes Accounts
30 Jun 22
8-K
Departure of Directors or Certain Officers
24 May 22
8-K
Harsco Corporation Announces Leadership Change
4 May 22
8-K
Harsco Corporation Reports First Quarter 2022 Results
3 May 22
8-K
HARSCO ANNOUNCES RESULTS OF 67th ANNUAL MEETING OF STOCKHOLDERS
25 Apr 22
8-K
Harsco Corporation Reports Fourth Quarter and Full Year 2021 Results
24 Feb 22
8-K
Harsco Corporation Reports Third Quarter 2021 Results and Announces Plans to Explore Strategic Alternatives for Rail Business
2 Nov 21
Registration and prospectus
S-8
Registration of securities for employees
3 Aug 21
S-8
Registration of securities for employees
31 Jul 20
15-12B
Securities registration termination
14 Dec 17
25-NSE
Exchange delisting
4 Dec 17
S-8
Registration of securities for employees
2 May 17
S-8
Registration of securities for employees
5 May 16
424B2
Prospectus for primary offering
31 May 15
S-3ASR
Automatic shelf registration
10 Sep 13
S-8
Registration of securities for employees
7 May 13
424B2
Prospectus for primary offering
16 Sep 10
Proxies
DEFA14A
Additional proxy soliciting materials
10 Mar 22
DEFA14A
Additional proxy soliciting materials
10 Mar 21
DEFA14A
Additional proxy soliciting materials
3 Apr 20
DEFA14A
Additional proxy soliciting materials
3 Apr 20
DEFA14A
Additional proxy soliciting materials
11 Mar 20
DEFA14A
Additional proxy soliciting materials
14 Mar 19
DEF 14A
Definitive proxy
14 Mar 19
Other
UPLOAD
Letter from SEC
12 Jun 22
CORRESP
Correspondence with SEC
9 Jun 22
SD
Conflict minerals disclosure
27 May 22
UPLOAD
Letter from SEC
18 May 22
SD
Conflict minerals disclosure
21 May 21
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
31 May 18
SD
Conflict minerals disclosure
30 May 17
UPLOAD
Letter from SEC
9 Jan 17
Ownership
11-K
Annual report of employee stock purchases
23 Jun 22
11-K
Annual report of employee stock purchases
23 Jun 22
4
HARSCO / John S Quinn ownership change
11 May 22
4
HARSCO / DAVID C EVERITT ownership change
11 May 22
4
HARSCO / CAROLANN I HAZNEDAR ownership change
11 May 22
4
HARSCO / Mario Longhi ownership change
11 May 22
4
HARSCO / Kathy G Eddy ownership change
11 May 22
4
HARSCO / PHILLIP WIDMAN ownership change
11 May 22
4
HARSCO / Edgar M Purvis Jr ownership change
11 May 22
4
HARSCO / James F Earl ownership change
11 May 22
Patents
Utility
Rail clamp with straight line tool
21 Jun 22
The present disclosure generally relates to a rail vehicle that includes a chassis and a rail clamp assembly coupled to the chassis.
Utility
Rail Feature Identification System
16 Jun 22
The present disclosure includes systems, devices, and methods for identifying, detecting, and/or tracking rail features.
Utility
Drive belt tensioning system for air-cooled heat exchangers
14 Jun 22
An air-cooled heat exchanger has a frame assembly, a plenum supported by the frame assembly, an engine and a fan assembly.
Utility
Collision Protection and Safety System for Rail Vehicles
3 Feb 22
The present disclosure relates to a railway collision protection and safety system having a vehicle device located on rail vehicles at a work zone, a personal protection unit located with rail workers at the work zone, and a dispatcher processor at a control center.
Utility
Encoder Bearing Hub Assembly for Rail Vehicles
6 Jan 22
The present disclosure generally relates to a bearing hub assembly of a rail guide wheel apparatus for a rail vehicle.
Transcripts
2022 Q2
Earnings call transcript
2 Aug 22
2022 Q1
Earnings call transcript
3 May 22
2021 Q4
Earnings call transcript
26 Feb 22
2021 Q3
Earnings call transcript
2 Nov 21
2021 Q2
Earnings call transcript
9 Aug 21
2021 Q1
Earnings call transcript
9 May 21
2020 Q4
Earnings call transcript
26 Feb 21
2020 Q3
Earnings call transcript
3 Nov 20
2020 Q3
Earnings call transcript
3 Nov 20
2020 Q3
Earnings call transcript
3 Nov 20
Reddit threads
Hudson Technologies - HDSN - Moat, Increasing Demand, Diminishing Supply - DD
6 Aug 22
Daily Discussion Thread - August 2nd, 2022
2 Aug 22
Daily Discussion Thread - August 1st, 2022
1 Aug 22
Daily Discussion Thread - May 3rd, 2022
3 May 22
Daily Discussion Thread - May 2nd, 2022
2 May 22
Daily Discussion Thread - February 24th, 2022
24 Feb 22
Daily Discussion Thread - February 23rd, 2022
23 Feb 22
Daily Discussion Thread - February 22nd, 2022
22 Feb 22
Daily Discussion Thread - February 21st, 2022
21 Feb 22
Daily Discussion Thread - November 2nd, 2021
2 Nov 21