Energy Recovery, Inc. (NASDAQ:ERII) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analyst consensus: Five analysts give ERII an average rating of "Moderate Buy" (3 holds, 1 buy, 1 strong buy) with a one-year average price target of $15.00.
• Insider and institutional activity: Insiders sold 248,811 shares worth $2.606 million in the past three months, leaving insiders with 3.20% ownership while institutions own 83.58% of the stock.
• Earnings miss and guidance: ERII reported Q results of $0.53 EPS (vs. $0.67 expected) and $66.59M revenue (vs. $82.59M expected); the company set FY2026 EPS guidance of 0.50–0.70 while analysts forecast ~0.42 EPS for the current year.

Shares of Energy Recovery, Inc. (NASDAQ:ERII - Get Free Report) have earned an average recommendation of "Moderate Buy" from the five analysts that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $15.00.

A number of equities analysts recently issued reports on ERII shares. Northcoast Research cut Energy Recovery from a "buy" rating to a "neutral" rating in a report on Wednesday, April 15th. Weiss Ratings restated a "hold (c-)" rating on shares of Energy Recovery in a report on Monday, December 29th. Finally, Loop Capital set a $13.00 target price on Energy Recovery in a report on Monday, March 2nd.

Insider Buying and Selling

In related news, SVP Rodney Clemente sold 20,568 shares of Energy Recovery stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $10.61, for a total value of $218,226.48. Following the transaction, the senior vice president directly owned 116,008 shares in the company, valued at $1,230,844.88. The trade was a 15.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider William Yeung sold 7,271 shares of Energy Recovery stock in a transaction on Wednesday, January 28th. The stock was sold at an average price of $14.55, for a total value of $105,793.05. Following the completion of the transaction, the insider owned 90,098 shares in the company, valued at $1,310,925.90. The trade was a 7.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 248,811 shares of company stock worth $2,606,175 in the last three months. 3.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of ERII. Royal Bank of Canada grew its holdings in shares of Energy Recovery by 43.1% during the first quarter. Royal Bank of Canada now owns 16,257 shares of the industrial products company's stock valued at $258,000 after buying an additional 4,899 shares in the last quarter. Jacobs Levy Equity Management Inc. purchased a new position in shares of Energy Recovery during the first quarter valued at $341,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Energy Recovery by 7.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,929 shares of the industrial products company's stock valued at $714,000 after buying an additional 3,185 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Energy Recovery by 10.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,038 shares of the industrial products company's stock valued at $3,274,000 after buying an additional 19,992 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of Energy Recovery by 54.4% during the first quarter. Jane Street Group LLC now owns 122,369 shares of the industrial products company's stock valued at $1,944,000 after buying an additional 43,089 shares in the last quarter. Hedge funds and other institutional investors own 83.58% of the company's stock.

Energy Recovery Stock Performance

Shares of ERII stock opened at $11.28 on Friday. Energy Recovery has a 1 year low of $9.35 and a 1 year high of $18.32. The stock has a market cap of $586.56 million, a PE ratio of 26.23 and a beta of 1.08. The business's fifty day moving average is $11.33 and its 200-day moving average is $13.68.

Energy Recovery (NASDAQ:ERII - Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The industrial products company reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.14). The firm had revenue of $66.59 million for the quarter, compared to analyst estimates of $82.59 million. Energy Recovery had a net margin of 17.01% and a return on equity of 11.92%. Energy Recovery has set its FY 2026 guidance at 0.500-0.700 EPS. Equities research analysts predict that Energy Recovery will post 0.42 earnings per share for the current year.

Energy Recovery Company Profile

Energy Recovery, Inc NASDAQ: ERII is an energy technology company specializing in the design and manufacture of high-efficiency devices that capture and repurpose energy in fluid-handling applications. The company's core offering, the Pressure Exchanger® (PX®) device, enables seawater reverse osmosis (SWRO) desalination plants to recover and reuse hydraulic energy that would otherwise be lost during brine discharge. By integrating PX technology into desalination processes, Energy Recovery helps operators significantly reduce the energy consumption and operating costs of producing fresh water from seawater or brackish sources.

In addition to desalination solutions, Energy Recovery has expanded its portfolio to serve the oil and gas sector through turbocharger systems that improve the energy efficiency of hydraulic fracturing operations.

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