S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
NASDAQ:ERII

Energy Recovery (ERII) Stock Price, News & Analysis

$13.71
+0.08 (+0.59%)
(As of 04/19/2024 ET)
Today's Range
$13.51
$13.78
50-Day Range
$13.53
$16.23
52-Week Range
$13.41
$30.76
Volume
375,863 shs
Average Volume
324,511 shs
Market Capitalization
$782.57 million
P/E Ratio
37.05
Dividend Yield
N/A
Price Target
$25.33

Energy Recovery MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
84.8% Upside
$25.33 Price Target
Short Interest
Healthy
4.55% of Float Sold Short
Dividend Strength
N/A
Sustainability
0.24
Upright™ Environmental Score
News Sentiment
0.31mentions of Energy Recovery in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$1.52 M Sold Last Quarter
Proj. Earnings Growth
50.00%
From $0.42 to $0.63 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.

4.66 out of 5 stars

Industrial Products Sector

15th out of 169 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

Energy Recovery Inc
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Q4 2023 Energy Recovery Inc Earnings Call
Recap: Energy Recovery Q4 Earnings
Energy Recovery announces CFO departure
Energy Recovery: Q4 Earnings Snapshot
Energy Recovery Announces CFO Transition
Energy Recovery Announces CFO Transition
Energy Recovery Q4 2023 Earnings Preview
Energy Recovery (ERII) Fell on CEO Replacement
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
4/20/2024
Next Earnings (Confirmed)
5/01/2024
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
$25.33
High Stock Price Target
$32.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+84.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$21.50 million
Pretax Margin
17.69%

Debt

Sales & Book Value

Annual Sales
$128.35 million
Cash Flow
$0.47 per share
Book Value
$3.89 per share

Miscellaneous

Free Float
54,396,000
Market Cap
$782.57 million
Optionable
Optionable
Beta
1.27

Social Links

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Key Executives

  • Mr. Joshua Ballard CFA
    Chief Financial Officer
  • Dr. Farshad Ghasripoor (Age 64)
    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

Should I buy or sell Energy Recovery stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energy Recovery in the last twelve months. There are currently 2 buy ratings 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?

2 analysts have issued 1 year target prices for Energy Recovery's shares. Their ERII share price targets range from $20.00 to $32.00. On average, they expect the company's stock price to reach $25.33 in the next twelve months. This suggests a possible upside of 84.8% 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 2024?

Energy Recovery's stock was trading at $18.84 at the beginning of 2024. Since then, ERII stock has decreased by 27.2% and is now trading at $13.71.
View the best growth stocks for 2024 here
.

When is Energy Recovery's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our ERII earnings forecast
.

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

Energy Recovery will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13745736".

How were Energy Recovery's earnings last quarter?

Energy Recovery, Inc. (NASDAQ:ERII) issued its earnings results on Wednesday, February, 21st. The industrial products company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.36 by $0.02. The industrial products company earned $57.19 million during the quarter, compared to analysts' expectations of $63.57 million. Energy Recovery had a net margin of 16.75% and a trailing twelve-month return on equity of 11.99%. The firm's quarterly revenue was up 35.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.24 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 shareholders include Chatham Capital Group Inc. (0.14%) and Perpetual Ltd (0.07%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ERII) was last updated on 4/21/2024 by MarketBeat.com Staff

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