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NASDAQ:ERII

Energy Recovery (ERII) Stock Price, News & Analysis

$14.91
+0.07 (+0.47%)
(As of 07/26/2024 ET)
Today's Range
$14.70
$15.20
50-Day Range
$12.37
$15.41
52-Week Range
$12.26
$30.70
Volume
258,440 shs
Average Volume
425,321 shs
Market Capitalization
$854.79 million
P/E Ratio
43.85
Dividend Yield
N/A
Price Target
$22.50

Energy Recovery MarketRank™ Stock Analysis

Analyst Rating
Strong Buy
3.50 Rating Score
Upside/​Downside
50.9% Upside
$22.50 Price Target
Short Interest
Bearish
4.67% of Float Sold Short
Dividend Strength
N/A
Sustainability
0.24
Upright™ Environmental Score
News Sentiment
1.10mentions of Energy Recovery in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$1.08 M Sold Last Quarter
Proj. Earnings Growth
66.67%
From $0.36 to $0.60 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.84 out of 5 stars

Industrial Products Sector

7th out of 172 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

2nd out of 12 stocks

ERII stock logo

About Energy Recovery Stock (NASDAQ:ERII)

Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells energy efficiency technology solutions in the Americas, the Middle East, Africa, Asia, and Europe. The company operates through Water and Emerging Technologies segments. The company offers high and low pressure, and ultra pressure exchangers; AT and LPT hydraulic turbochargers; and high-pressure feed and circulation booster pumps for use in seawater and brackish desalination, and wastewater treatment. It also provides PX G1300, which reduces energy consumption and operating costs of carbon dioxide-based refrigeration systems; and spare parts, as well as repair, field, and commissioning services. It sells its products under the ERI, PX, Pressure Exchanger, PX Pressure Exchanger, Ultra PX, PX G, PX G1300, PX PowerTrain, AT, and Aquabold brands to original equipment manufacturers, supermarket chains, cold storage facilities, refrigeration system installers, and other industrial users; aftermarket customers consisting of desalination plant owners and operators; and project developers, end-users, and industry consultants, as well as engineering, procurement, and construction firms. Energy Recovery, Inc. was incorporated in 1992 and is headquartered in San Leandro, California.

ERII Stock Price History

ERII Stock News Headlines

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For the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range. But that could change soon. Very soon.
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Special industry machinery, not elsewhere classified
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:ERII
CUSIP
29270J10
Employees
269
Year Founded
1992

Price Target and Rating

Average Stock Price Target
$22.50
High Stock Price Target
$24.00
Low Stock Price Target
$21.00
Potential Upside/Downside
+50.9%
Consensus Rating
Strong Buy
Rating Score (0-4)
3.50
Research Coverage
2 Analysts

Profitability

Net Income
$21.50 million
Pretax Margin
16.23%

Debt

Sales & Book Value

Annual Sales
$128.35 million
Cash Flow
$0.49 per share
Book Value
$3.89 per share

Miscellaneous

Free Float
54,979,000
Market Cap
$854.79 million
Optionable
Optionable
Beta
1.24

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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 52)
    Chief Legal Officer & Secretary to the Board
    Comp: $561k
  • Mr. Rodney Clemente (Age 44)
    Senior Vice President of Water
    Comp: $575.69k
  • Mr. David W. Moon (Age 62)
    President, CEO & Director
  • Mr. Nocair Bensalah (Age 55)
    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

How have ERII shares performed this year?

Energy Recovery's stock was trading at $18.84 on January 1st, 2024. Since then, ERII shares have decreased by 20.9% and is now trading at $14.91.
View the best growth stocks for 2024 here
.

How were Energy Recovery's earnings last quarter?

Energy Recovery, Inc. (NASDAQ:ERII) issued its quarterly earnings results on Wednesday, May, 1st. The industrial products company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.14) by $0.01. The industrial products company had revenue of $12.09 million for the quarter, compared to analyst estimates of $12.49 million. Energy Recovery had a trailing twelve-month return on equity of 9.82% and a net margin of 15.38%.

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.

Who are Energy Recovery's major shareholders?

Top institutional shareholders of Energy Recovery include Raymond James & Associates (0.71%), Bank of New York Mellon Corp (0.36%), Assenagon Asset Management S.A. (0.31%) and SG Americas Securities LLC (0.02%). Insiders that own company stock include Arve Hanstveit, Robert Yu Lang Mao, Rodney Clemente, Farshad Ghasripoor, William Yeung, Joshua Ballard, David W Moon, Alexander J Buehler, Sherif Foda, Lisa A Pollina and Joan Kai Chow.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Energy Recovery own?

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

This page (NASDAQ:ERII) was last updated on 7/26/2024 by MarketBeat.com Staff

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