NASDAQ:ERIIEnergy Recovery Stock Price, Forecast & News

Energy Recovery's stock was trading at $8.50 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ERII shares have decreased by 0.2% and is now trading at $8.48. View which stocks have been most impacted by Coronavirus.

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

Energy Recovery is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Energy Recovery.

Energy Recovery, Inc. (NASDAQ:ERII) issued its quarterly earnings results on Thursday, April, 30th. The industrial products company reported $0.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.01. The industrial products company earned $19 million during the quarter, compared to analysts' expectations of $22.04 million. Energy Recovery had a return on equity of 5.90% and a net margin of 11.72%. View Energy Recovery's earnings history.

4 Wall Street analysts have issued 12-month price objectives for Energy Recovery's shares. Their forecasts range from $12.00 to $18.00. On average, they anticipate Energy Recovery's stock price to reach $14.25 in the next twelve months. This suggests a possible upside of 68.0% from the stock's current price. View analysts' price targets for Energy Recovery.

News headlines about ERII stock have trended positive on Friday, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Energy Recovery earned a daily sentiment score of 2.7 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutEnergy Recovery.

Energy Recovery saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 3,920,000 shares, a decline of 7.1% from the April 30th total of 4,220,000 shares. Based on an average daily trading volume, of 268,800 shares, the days-to-cover ratio is presently 14.6 days. Approximately 10.2% of the company's stock are sold short. View Energy Recovery's Current Options Chain.

Some companies that are related to Energy Recovery include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), Ingersoll-Rand (IR), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Gardner Denver (GDI), Donaldson (DCI), Lincoln Electric (LECO) and ITT (ITT). View all competitors.

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), Micron Technology (MU), Enphase Energy (ENPH), Inovio Pharmaceuticals (INO), Novavax (NVAX), Innovative Industrial Properties (IIPR) and QUALCOMM (QCOM).

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

Energy Recovery's stock is owned by a number of retail and institutional investors. Top institutional investors include Trigran Investments Inc. (9.33%), BlackRock Inc. (5.11%), Bank of New York Mellon Corp (2.55%), State Street Corp (1.47%), First Trust Advisors LP (1.22%) and Geode Capital Management LLC (0.94%). Company insiders that own Energy Recovery stock include Arve Hanstveit, Emily Smith, Eric Siebert, Farshad Ghasripoor, Hans Peter Michelet, Lenox Sharon E Smith, Nocair Bensalah, Ole Peter Lorentzen and Rodney Clemente. View institutional ownership trends for Energy Recovery.

ERII stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, JPMorgan Chase & Co., Deutsche Bank AG, Engineers Gate Manager LP, Baird Financial Group Inc., D.A. Davidson & CO., Principal Financial Group Inc., and American International Group Inc.. Company insiders that have sold Energy Recovery company stock in the last year include Arve Hanstveit, Emily Smith, Eric Siebert, Farshad Ghasripoor, Hans Peter Michelet, Ole Peter Lorentzen, and Rodney Clemente. View insider buying and selling activity for Energy Recovery.

ERII stock was acquired by a variety of institutional investors in the last quarter, including Trigran Investments Inc., Essex Investment Management Co. LLC, Rice Hall James & Associates LLC, Rice Hall James & Associates LLC, Raymond James & Associates, State Street Corp, BlackRock Inc., and Aperio Group LLC. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of ERII stock can currently be purchased for approximately $8.48.

Energy Recovery has a market capitalization of $471.74 million and generates $86.94 million in revenue each year. The industrial products company earns $10.91 million in net income (profit) each year or $0.18 on an earnings per share basis. Energy Recovery employs 143 workers across the globe.

The official website for Energy Recovery is www.energyrecovery.com.

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]