S&P 500   4,593.19 (+0.17%)
DOW   36,180.75 (+0.18%)
QQQ   391.61 (+0.30%)
AAPL   195.31 (+0.54%)
MSFT   372.98 (+0.55%)
META   330.97 (+1.34%)
GOOGL   134.94 (-1.45%)
AMZN   147.28 (+0.27%)
TSLA   242.87 (+0.09%)
NVDA   475.57 (+2.06%)
NIO   7.38 (-1.47%)
BABA   72.18 (-0.21%)
AMD   129.13 (+0.59%)
T   16.89 (-1.17%)
F   11.04 (+2.03%)
MU   74.91 (+1.71%)
CGC   0.75 (+4.37%)
GE   120.61 (+0.95%)
DIS   92.54 (+0.21%)
AMC   6.92 (+1.47%)
PFE   28.73 (+0.35%)
PYPL   58.98 (+0.85%)
XOM   99.33 (+0.92%)
S&P 500   4,593.19 (+0.17%)
DOW   36,180.75 (+0.18%)
QQQ   391.61 (+0.30%)
AAPL   195.31 (+0.54%)
MSFT   372.98 (+0.55%)
META   330.97 (+1.34%)
GOOGL   134.94 (-1.45%)
AMZN   147.28 (+0.27%)
TSLA   242.87 (+0.09%)
NVDA   475.57 (+2.06%)
NIO   7.38 (-1.47%)
BABA   72.18 (-0.21%)
AMD   129.13 (+0.59%)
T   16.89 (-1.17%)
F   11.04 (+2.03%)
MU   74.91 (+1.71%)
CGC   0.75 (+4.37%)
GE   120.61 (+0.95%)
DIS   92.54 (+0.21%)
AMC   6.92 (+1.47%)
PFE   28.73 (+0.35%)
PYPL   58.98 (+0.85%)
XOM   99.33 (+0.92%)
S&P 500   4,593.19 (+0.17%)
DOW   36,180.75 (+0.18%)
QQQ   391.61 (+0.30%)
AAPL   195.31 (+0.54%)
MSFT   372.98 (+0.55%)
META   330.97 (+1.34%)
GOOGL   134.94 (-1.45%)
AMZN   147.28 (+0.27%)
TSLA   242.87 (+0.09%)
NVDA   475.57 (+2.06%)
NIO   7.38 (-1.47%)
BABA   72.18 (-0.21%)
AMD   129.13 (+0.59%)
T   16.89 (-1.17%)
F   11.04 (+2.03%)
MU   74.91 (+1.71%)
CGC   0.75 (+4.37%)
GE   120.61 (+0.95%)
DIS   92.54 (+0.21%)
AMC   6.92 (+1.47%)
PFE   28.73 (+0.35%)
PYPL   58.98 (+0.85%)
XOM   99.33 (+0.92%)
S&P 500   4,593.19 (+0.17%)
DOW   36,180.75 (+0.18%)
QQQ   391.61 (+0.30%)
AAPL   195.31 (+0.54%)
MSFT   372.98 (+0.55%)
META   330.97 (+1.34%)
GOOGL   134.94 (-1.45%)
AMZN   147.28 (+0.27%)
TSLA   242.87 (+0.09%)
NVDA   475.57 (+2.06%)
NIO   7.38 (-1.47%)
BABA   72.18 (-0.21%)
AMD   129.13 (+0.59%)
T   16.89 (-1.17%)
F   11.04 (+2.03%)
MU   74.91 (+1.71%)
CGC   0.75 (+4.37%)
GE   120.61 (+0.95%)
DIS   92.54 (+0.21%)
AMC   6.92 (+1.47%)
PFE   28.73 (+0.35%)
PYPL   58.98 (+0.85%)
XOM   99.33 (+0.92%)

Energy Recovery Stock Price, News & Analysis (NASDAQ:ERII)

$18.32
-0.06 (-0.33%)
(As of 01:26 PM ET)
Compare
Today's Range
$17.81
$18.57
50-Day Range
$14.16
$21.21
52-Week Range
$14.04
$30.76
Volume
109,307 shs
Average Volume
412,035 shs
Market Capitalization
$1.04 billion
P/E Ratio
67.85
Dividend Yield
N/A
Price Target
$26.00

Energy Recovery MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.2% Upside
$26.00 Price Target
Short Interest
Bearish
6.52% of Float Sold Short
Dividend Strength
N/A
Sustainability
+0.24
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$2.20 M Sold Last Quarter
Proj. Earnings Growth
-7.50%
From $0.40 to $0.37 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.18 out of 5 stars

Industrial Products Sector

99th out of 141 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

7th out of 13 stocks


ERII stock logo

About Energy Recovery Stock (NASDAQ:ERII)

Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells various solutions for the seawater reverse osmosis desalination and industrial wastewater treatment industries worldwide. The company operates through Water and Emerging Technologies segments. It offers a suite of products, including energy recovery devices, and high-pressure feed and recirculation pumps; hydraulic turbochargers and boosters; and spare parts, as well as repair, field, and commissioning services. The company also offers a solution to reduce energy consumption in natural gas processing and in refrigeration systems that use carbon dioxide. It provides its products under the ERI, PX, Pressure Exchanger, PX Pressure Exchanger, Ultra PX, PX G, PX G1300, PX PowerTrain, AT, and Aquabold brands to large engineering, procurement, and construction firms; end-users and industry consultants; original equipment manufacturers; and aftermarket customers. The company was incorporated in 2001 and is headquartered in San Leandro, California.

ERII Stock Price History

ERII Stock News Headlines

Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?
A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.
Energy Storage Trend Ignites Frenzy Over Vanadium Supply
As the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.
Energy Recovery Down 17% After CEO Change
Why Energy Recovery Stock Sunk Today
See More Headlines
Receive ERII Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Energy Recovery and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
11/01/2023
Today
12/08/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/28/2024

Industry, Sector and Symbol

Industry
Special industry machinery, not elsewhere classified
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:ERII
CUSIP
29270J10
Employees
246
Year Founded
1992

Price Target and Rating

Average Stock Price Target
$26.00
High Stock Price Target
$32.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+41.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$24.05 million
Pretax Margin
14.25%

Debt

Sales & Book Value

Annual Sales
$113.45 million
Cash Flow
$0.56 per share
Book Value
$3.31 per share

Miscellaneous

Free Float
53,862,000
Market Cap
$1.04 billion
Optionable
Optionable
Beta
1.36

Social Links

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Key Executives

  • Mr. Joshua Ballard CFA
    Chief Financial Officer
  • Dr. Farshad Ghasripoor (Age 63)
    Chief Technology Officer
    Comp: $523.52k
  • Mr. William W. Yeung (Age 51)
    Chief Legal Officer & Secretary to the Board
    Comp: $561k
  • Mr. Rodney Clemente (Age 43)
    Senior Vice President of Water
    Comp: $575.69k
  • Mr. David W. Moon (Age 61)
    Interim President & CEO and Director
  • Mr. Nocair Bensalah (Age 54)
    Vice President of Operations
    Comp: $358.38k
  • Mr. James Siccardi
    Vice President of Investor Relations
  • Ms. Kelley Vendeland
    Vice President of Marketing & Sustainability














ERII Stock Analysis - Frequently Asked Questions

Should I buy or sell Energy Recovery stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energy Recovery in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ERII shares.
View ERII analyst ratings
or view top-rated stocks.

What is Energy Recovery's stock price target for 2024?

1 Wall Street research analysts have issued 12-month target prices for Energy Recovery's shares. Their ERII share price targets range from $20.00 to $32.00. On average, they predict the company's share price to reach $26.00 in the next twelve months. This suggests a possible upside of 43.2% from the stock's current price.
View analysts price targets for ERII
or view top-rated stocks among Wall Street analysts.

How have ERII shares performed in 2023?

Energy Recovery's stock was trading at $20.49 on January 1st, 2023. Since then, ERII stock has decreased by 11.4% and is now trading at $18.16.
View the best growth stocks for 2023 here
.

When is Energy Recovery's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our ERII earnings forecast
.

How were Energy Recovery's earnings last quarter?

Energy Recovery, Inc. (NASDAQ:ERII) released its earnings results on Wednesday, November, 1st. The industrial products company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.08 by $0.09. The industrial products company had revenue of $37 million for the quarter, compared to analyst estimates of $31.29 million. Energy Recovery had a trailing twelve-month return on equity of 9.28% and a net margin of 13.60%. Energy Recovery's revenue was up 21.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.09 earnings per share.

What is Bob Mao's approval rating as Energy Recovery's CEO?

2 employees have rated Energy Recovery Chief Executive Officer Bob Mao on Glassdoor.com. Bob Mao has an approval rating of 83% among the company's employees. 55.0% of employees surveyed would recommend working at Energy Recovery to a friend.

What other stocks do shareholders of Energy Recovery own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Energy Recovery investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), FireEye (FEYE), Alibaba Group (BABA), Enphase Energy (ENPH), Micron Technology (MU), Boeing (BA), QUALCOMM (QCOM), Gilead Sciences (GILD) and Novavax (NVAX).

Who are Energy Recovery's major shareholders?

Energy Recovery's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (6.92%), Avenir Corp (3.15%), Jennison Associates LLC (2.70%), Diamond Hill Capital Management Inc. (2.42%), Trigran Investments Inc. (2.36%) and William Blair Investment Management LLC (1.98%). Insiders that own company stock include Alexander J Buehler, Arve Hanstveit, As Arvarius, David W Moon, Farshad Ghasripoor, Joan Kai Chow, Joshua Ballard, Lisa A Pollina, Ole Peter Lorentzen, Robert Yu Lang Mao, Rodney Clemente, Sherif Foda and William Yeung.
View institutional ownership trends
.

How do I buy shares of Energy Recovery?

Shares of ERII stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:ERII) was last updated on 12/8/2023 by MarketBeat.com Staff

My Account -