Positive News SentimentPositive NewsNASDAQ:ERII Energy Recovery (ERII) Stock Forecast, Price & News $23.81 -0.91 (-3.68%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$23.77▼$24.7350-Day Range$21.50▼$25.4852-Week Range$17.32▼$26.34Volume418,273 shsAverage Volume335,172 shsMarket Capitalization$1.34 billionP/E Ratio140.07Dividend YieldN/APrice Target$27.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Energy Recovery MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside13.4% Upside$27.00 Price TargetShort InterestHealthy4.66% of Float Sold ShortDividend StrengthN/ASustainability+0.24Upright™ Environmental ScoreNews Sentiment1.80Based on 2 Articles This WeekInsider TradingSelling Shares$436,767 Sold Last QuarterProj. Earnings Growth30.43%From $0.46 to $0.60 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.24 out of 5 starsIndustrial Products Sector135th out of 178 stocksSpecial Industry Machinery, Not Elsewhere Classified Industry10th out of 14 stocks 2.3 Analyst's Opinion Consensus RatingEnergy Recovery has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.00, Energy Recovery has a forecasted upside of 13.4% from its current price of $23.81.Amount of Analyst CoverageEnergy Recovery has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.66% of the float of Energy Recovery has been sold short.Short Interest Ratio / Days to CoverEnergy Recovery has a short interest ratio ("days to cover") of 6.5.Change versus previous monthShort interest in Energy Recovery has recently decreased by 0.82%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldEnergy Recovery does not currently pay a dividend.Dividend GrowthEnergy Recovery does not have a long track record of dividend growth. Previous Next 3.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEnergy Recovery has received a 40.97% net impact score from Upright. Energy Recovery seems to create the most significant positive value in categories "Taxes", "GHG emissions", and "Jobs". The positive contribution in the "GHG emissions" impact category is driven by its "Waste heat recovery systems" and "Pumps" products. See details.Environmental SustainabilityThe Environmental Impact score for Energy Recovery is 0.24. Previous Next 2.7 News and Social Media Coverage News SentimentEnergy Recovery has a news sentiment score of 1.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Energy Recovery this week, compared to 2 articles on an average week.Search InterestOnly 7 people have searched for ERII on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Energy Recovery insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $436,767.00 in company stock.Percentage Held by InsidersOnly 4.60% of the stock of Energy Recovery is held by insiders.Percentage Held by Institutions76.96% of the stock of Energy Recovery is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Energy Recovery are expected to grow by 30.43% in the coming year, from $0.46 to $0.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Energy Recovery is 140.07, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 138.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Energy Recovery is 140.07, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.07.Price to Book Value per Share RatioEnergy Recovery has a P/B Ratio of 7.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Energy Recovery (NASDAQ:ERII) StockEnergy Recovery, Inc. engages in the design and manufacture of industrial fluid flow solutions. It operates through the Water and Emerging Technologies segment. The Water segment deals with the development, sales, and support of the PX, Turbochargers and pumps used in seawater desalination and industrial wastewater activities. The Emerging Technologies segment is composed of the development of the PX G1300 used in industrial and commercial refrigeration applications. The company was founded in April 1992 and is headquartered in San Leandro, CA.Read More 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. Email Address ERII Stock News HeadlinesMay 21, 2023 | fool.comEnergy Recovery (NASDAQ: ERII)May 19, 2023 | finance.yahoo.com3 Top Stocks From the Prospering Pollution Control IndustryJune 1, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 14, 2023 | marketwatch.comWhen the Price of Energy Recovery $ERII Talks, People ListenMay 10, 2023 | americanbankingnews.comEnergy Recovery, Inc. (NASDAQ:ERII) Forecasted to Post Q2 2023 Earnings of $0.01 Per ShareMay 9, 2023 | americanbankingnews.comAnalyzing Energy Recovery (NASDAQ:ERII) & Sono-Tek (NASDAQ:SOTK)May 7, 2023 | finance.yahoo.comInstitutional investors have a lot riding on Energy Recovery, Inc. (NASDAQ:ERII) with 74% ownershipMay 5, 2023 | americanbankingnews.comQ3 2023 Earnings Estimate for Energy Recovery, Inc. Issued By B. Riley (NASDAQ:ERII)June 1, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 4, 2023 | finance.yahoo.comQ1 2023 Energy Recovery Inc Earnings CallMay 3, 2023 | msn.comRecap: Energy Recovery Q1 EarningsMay 3, 2023 | finance.yahoo.comEnergy Recovery Reports First Quarter 2023 Financial ResultsMay 3, 2023 | finance.yahoo.comEnergy Recovery (ERII) Reports Q1 Loss, Tops Revenue EstimatesMay 3, 2023 | seekingalpha.comEnergy Recovery, Inc. (ERII) Q1 2023 Earnings Call TranscriptApril 27, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for Energy Recovery, Inc. (NASDAQ:ERII) Cut by B. RileyApril 26, 2023 | marketwatch.comEnergy Recovery ($ERII) Trading ReportApril 26, 2023 | finance.yahoo.comEnergy Recovery Awarded Over $8 Million in Desalination Contracts in ChileApril 26, 2023 | americanbankingnews.comEnergy Recovery (ERII) to Release Earnings on WednesdayApril 24, 2023 | finance.yahoo.comWhat Makes Energy Recovery (ERII) a Strong Momentum Stock: Buy Now?April 22, 2023 | benzinga.comEnergy Recovery to Host First Quarter 2023...April 20, 2023 | marketwatch.comGlobal Ship Exhaust Energy Recovery Systems Market Latest Growth Factors, Key Expansions, till 2030April 19, 2023 | finance.yahoo.comEnergy Recovery to Host First Quarter 2023 Financial Results Conference Call on May 3, 2023April 9, 2023 | finance.yahoo.comThose who invested in Energy Recovery (NASDAQ:ERII) three years ago are up 216%April 7, 2023 | americanbankingnews.comRaymond James Increases Energy Recovery (NASDAQ:ERII) Price Target to $26.00April 6, 2023 | msn.comRaymond James Maintains Energy Recovery (ERII) Outperform RecommendationApril 6, 2023 | americanbankingnews.comArve Hanstveit Sells 16,000 Shares of Energy Recovery, Inc. (NASDAQ:ERII) StockMarch 10, 2023 | finance.yahoo.comWhy Energy Recovery, Inc. (NASDAQ:ERII) Could Be Worth WatchingSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address ERII Company Calendar Last Earnings5/03/2023Today5/31/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Special industry machinery, not elsewhere classified Sub-IndustryIndustrial Machinery SectorIndustrial Products Current SymbolNASDAQ:ERII CUSIP29270J10 CIK1421517 Webwww.energyrecovery.com Phone(510) 483-7370Fax510-483-7371Employees222Year Founded1992Price Target and Rating Average Stock Price Forecast$27.00 High Stock Price Forecast$28.00 Low Stock Price Forecast$26.00 Forecasted Upside/Downside+13.4%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.17 Trailing P/E Ratio140.07 Forward P/E Ratio51.76 P/E GrowthN/ANet Income$24.05 million Net Margins9.26% Pretax Margin9.65% Return on Equity7.54% Return on Assets6.45% Debt Debt-to-Equity RatioN/A Current Ratio11.17 Quick Ratio8.67 Sales & Book Value Annual Sales$125.59 million Price / Sales10.68 Cash Flow$0.56 per share Price / Cash Flow42.87 Book Value$3.22 per share Price / Book7.39Miscellaneous Outstanding Shares56,350,000Free Float53,756,000Market Cap$1.34 billion OptionableOptionable Beta1.20 Social Links Key ExecutivesYu Lang MaoChairman, President & Chief Executive OfficerNocair BensalahVice President-OperationsJoshua BallardChief Financial OfficerFarshad GhasripoorChief Technology OfficerRodney ClementeSenior Vice President-WaterKey CompetitorsDesktop MetalNYSE:DMVelo3DNYSE:VLDNapco Security TechnologiesNASDAQ:NSSCTennantNYSE:TNCH&E Equipment ServicesNASDAQ:HEESView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Bought 10,211 shares on 5/18/2023Ownership: 0.148%New York State Common Retirement FundBought 8,630 shares on 5/18/2023Ownership: 0.119%First Trust Advisors LPBought 5,881 shares on 5/16/2023Ownership: 1.385%Scholtz & Company LLCSold 2,010 shares on 5/16/2023Ownership: 0.226%AQR Capital Management LLCBought 2,234 shares on 5/16/2023Ownership: 0.042%View All Insider TransactionsView All Institutional Transactions ERII Stock - Frequently Asked Questions Should I buy or sell Energy Recovery stock right now? 3 Wall Street research 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. The consensus among Wall Street research analysts is that investors should "buy" ERII shares. View ERII analyst ratings or view top-rated stocks. What is Energy Recovery's stock price forecast for 2023? 3 brokerages have issued 1 year price targets for Energy Recovery's shares. Their ERII share price forecasts range from $26.00 to $28.00. On average, they expect the company's share price to reach $27.00 in the next twelve months. This suggests a possible upside of 13.4% 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 shares have increased by 16.2% and is now trading at $23.81. 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, August 2nd 2023. View our ERII earnings forecast. How were Energy Recovery's earnings last quarter? Energy Recovery, Inc. (NASDAQ:ERII) released its quarterly earnings results on Wednesday, May, 3rd. The industrial products company reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.12) by $0.04. The industrial products company earned $13.40 million during the quarter, compared to analysts' expectations of $13.04 million. Energy Recovery had a trailing twelve-month return on equity of 7.54% and a net margin of 9.26%. The firm's revenue was down 58.8% compared to the same quarter last year. During the same period last year, the firm earned $0.14 EPS. What ETFs hold Energy Recovery's stock? ETFs with the largest weight of Energy Recovery (NASDAQ:ERII) stock in their portfolio include VanEck Environmental Services ETF (EVX), SPDR S&P Kensho Intelligent Structures ETF (SIMS), Horizon Kinetics Energy and Remediation ETF (NVIR), First Trust Water ETF (FIW), Goldman Sachs Future Planet Equity ETF (GSFP), JPMorgan Sustainable Consumption ETF (CIRC), iShares MSCI Water Management Multisector ETF (IWTR) and Global X Clean Water ETF (AQWA). 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). What is Energy Recovery's stock symbol? Energy Recovery trades on the NASDAQ under the ticker symbol "ERII." Who are Energy Recovery's major shareholders? Energy Recovery's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.21%), Trigran Investments Inc. (6.25%), William Blair Investment Management LLC (4.57%), FIL Ltd (3.58%), Diamond Hill Capital Management Inc. (2.79%) and Jennison Associates LLC (2.38%). Insiders that own company stock include Alexander J Buehler, Arve Hanstveit, As Arvarius, Farshad Ghasripoor, 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. What is Energy Recovery's stock price today? One share of ERII stock can currently be purchased for approximately $23.81. How much money does Energy Recovery make? Energy Recovery (NASDAQ:ERII) has a market capitalization of $1.34 billion and generates $125.59 million in revenue each year. The industrial products company earns $24.05 million in net income (profit) each year or $0.17 on an earnings per share basis. How many employees does Energy Recovery have? The company employs 222 workers across the globe. How can I contact Energy Recovery? Energy Recovery's mailing address is 1717 Doolittle Drive, San Leandro CA, 94577. The official website for the company is www.energyrecovery.com. The industrial products company can be reached via phone at (510) 483-7370, via email at ir@energyrecovery.com, or via fax at 510-483-7371. This page (NASDAQ:ERII) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Energy Recovery, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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