NASDAQ:ERII - Energy Recovery Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$9.56 +0.10 (+1.06 %)
(As of 04/26/2019 11:55 AM ET)
Previous Close$9.46
Today's Range$9.44 - $9.57
52-Week Range$6.17 - $10.25
Volume21,194 shs
Average Volume200,014 shs
Market Capitalization$517.26 million
P/E Ratio47.80
Dividend YieldN/A
Beta4.81
Energy Recovery, Inc. provides energy solutions to industrial fluid flow markets under the ERI, PX, Pressure Exchanger, PX Pressure Exchanger, AT, AquaBold, VorTeq, MTeq, IsoBoost, and IsoGen names. The company operates through Water and Oil & Gas segments. It offers pressure exchanger energy recovery devices for water desalination plants; hydraulic turbochargers for low-pressure brackish, high-pressure seawater reverse osmosis systems, and other water treatment applications; and high-pressure and circulation pumps for small- to medium-sized desalination plants. The company also provides VorTeq solutions for hydraulic fracturing applications; MTeq solutions for mud pumping applications; IsoBoost systems, such as hydraulic turbo chargers, and related controls and automation systems; and IsoGen systems, including hydraulic turbines, and related controls and automation systems. It serves engineering, procurement, and construction firms that design and build large desalination plants; original equipment manufacturers; plant owners and/or operators; oil companies; exploration and production companies; and oilfield service companies. The company operates in the Middle East, Africa, the Americas, Asia, Europe, and internationally. It markets its products through its direct salesforce. Energy Recovery, Inc. was founded in 1992 and is headquartered in San Leandro, California.

Receive ERII News and Ratings via Email

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

Industry, Sector and Symbol

Industry Special industry machinery, not elsewhere classified
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Current SymbolNASDAQ:ERII
CUSIP29270J10
Phone510-483-7370

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$74.51 million
Cash Flow$0.2824 per share
Book Value$2.11 per share

Profitability

Net Income$22.09 million

Miscellaneous

Employees143
Market Cap$517.26 million
Next Earnings Date5/2/2019 (Confirmed)
OptionableOptionable

Energy Recovery (NASDAQ:ERII) Frequently Asked Questions

What is Energy Recovery's stock symbol?

Energy Recovery trades on the NASDAQ under the ticker symbol "ERII."

How will Energy Recovery's stock buyback program work?

Energy Recovery declared that its board has approved a share repurchase plan on Friday, March 9th 2018, which allows the company to buyback $10,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's board believes its stock is undervalued.

How were Energy Recovery's earnings last quarter?

Energy Recovery, Inc. (NASDAQ:ERII) posted its earnings results on Thursday, March, 7th. The industrial products company reported $0.03 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.02. The industrial products company had revenue of $17.71 million for the quarter, compared to analyst estimates of $15.68 million. Energy Recovery had a net margin of 36.99% and a return on equity of 10.25%. View Energy Recovery's Earnings History.

When is Energy Recovery's next earnings date?

Energy Recovery is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Energy Recovery.

How can I listen to Energy Recovery's earnings call?

Energy Recovery will be holding an earnings conference call on Thursday, May 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8777098150.

What price target have analysts set for ERII?

3 brokers have issued 12 month price objectives for Energy Recovery's stock. Their predictions range from $13.00 to $20.00. On average, they anticipate Energy Recovery's stock price to reach $16.50 in the next year. This suggests a possible upside of 72.6% from the stock's current price. View Analyst Price Targets for Energy Recovery.

What is the consensus analysts' recommendation for Energy Recovery?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energy Recovery in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Energy Recovery.

Has Energy Recovery been receiving favorable news coverage?

Headlines about ERII stock have been trending somewhat positive this week, according to InfoTrie. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Energy Recovery earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the stock's share price in the immediate future.

Who are some of Energy Recovery's key competitors?

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 Micron Technology (MU), Advanced Micro Devices (AMD), NVIDIA (NVDA), FireEye (FEYE), Alibaba Group (BABA), Innovative Industrial Properties (IIPR), Inovio Pharmaceuticals (INO), Novavax (NVAX), Cara Therapeutics (CARA) and Trevena (TRVN).

Who are Energy Recovery's key executives?

Energy Recovery's management team includes the folowing people:
  • Mr. Chris M. Gannon, Pres, CEO & Director (Age 47)
  • Mr. Nocair Bensalah, VP of Operations (Age 50)
  • Mr. Rodney Clemente, VP of Water (Age 39)
  • Mr. Eric O. Siebert, VP of Oil & Gas (Age 40)
  • Mr. Joshua Ballard CFA, Chief Financial Officer

Who are Energy Recovery's major shareholders?

Energy Recovery's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Wedbush Securities Inc. (0.07%), Mainstay Capital Management LLC ADV (0.04%) and BNP Paribas Arbitrage SA (0.01%). Company insiders that own Energy Recovery stock include Andrew B Stroud Jr, Arve Hanstveit, Emily Smith, Hans Peter Michelet, Lenox Sharon E Smith, Nocair Bensalah, Olav Fjell and Rodney Clemente. View Institutional Ownership Trends for Energy Recovery.

Which institutional investors are selling Energy Recovery stock?

ERII stock was sold by a variety of institutional investors in the last quarter, including Mainstay Capital Management LLC ADV and Wedbush Securities Inc.. Company insiders that have sold Energy Recovery company stock in the last year include Arve Hanstveit, Emily Smith, Hans Peter Michelet, Lenox Sharon E Smith, Nocair Bensalah and Rodney Clemente. View Insider Buying and Selling for Energy Recovery.

Which institutional investors are buying Energy Recovery stock?

ERII stock was bought by a variety of institutional investors in the last quarter, including BNP Paribas Arbitrage SA. View Insider Buying and Selling for Energy Recovery.

How do I buy shares of Energy Recovery?

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

What is Energy Recovery's stock price today?

One share of ERII stock can currently be purchased for approximately $9.56.

How big of a company is Energy Recovery?

Energy Recovery has a market capitalization of $517.26 million and generates $74.51 million in revenue each year. The industrial products company earns $22.09 million in net income (profit) each year or $0.20 on an earnings per share basis. Energy Recovery employs 143 workers across the globe.

What is Energy Recovery's official website?

The official website for Energy Recovery is http://www.energyrecovery.com.

How can I contact Energy Recovery?

Energy Recovery's mailing address is 1717 Doolittle Drive, San Leandro CA, 94577. The industrial products company can be reached via phone at 510-483-7370 or via email at [email protected]


MarketBeat Community Rating for Energy Recovery (NASDAQ ERII)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  254 (Vote Outperform)
Underperform Votes:  330 (Vote Underperform)
Total Votes:  584
MarketBeat's community ratings are surveys of what our community members think about Energy Recovery and other stocks. Vote "Outperform" if you believe ERII will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ERII will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/26/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel