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BABA   88.30 (+4.98%)
AMD   96.20 (+0.09%)
T   15.13 (-1.18%)
F   12.43 (+1.89%)
MU   68.88 (+1.44%)
CGC   0.84 (+9.09%)
GE   111.25 (-1.54%)
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AMC   7.63 (-0.91%)
PFE   32.69 (-0.49%)
PYPL   57.88 (-1.26%)
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NASDAQ:ERII

Energy Recovery (ERII) Stock Forecast, Price & News

$21.29
-0.36 (-1.66%)
(As of 09/22/2023 ET)
Compare
Today's Range
$21.20
$21.78
50-Day Range
$21.29
$30.61
52-Week Range
$17.32
$30.76
Volume
942,140 shs
Average Volume
370,993 shs
Market Capitalization
$1.20 billion
P/E Ratio
118.28
Dividend Yield
N/A
Price Target
$32.00

Energy Recovery MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
50.3% Upside
$32.00 Price Target
Short Interest
Healthy
4.91% of Float Sold Short
Dividend Strength
N/A
Sustainability
+0.24
Upright™ Environmental Score
News Sentiment
1.41mentions of Energy Recovery in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$3.42 M Sold Last Quarter
Proj. Earnings Growth
40.63%
From $0.32 to $0.45 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.82 out of 5 stars

Industrials Sector

19th out of 52 stocks

Pollution & Treatment Controls Industry

1st out of 2 stocks


ERII stock logo

About Energy Recovery (NASDAQ:ERII) Stock

Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells various solutions for the seawater reverse osmosis desalination and industrial wastewater treatment industries worldwide. The company operates through Water and Emerging Technologies segments. It offers a suite of products, including energy recovery devices, and high-pressure feed and recirculation pumps; hydraulic turbochargers and boosters; and spare parts, as well as repair, field, and commissioning services. The company also offers a solution to reduce energy consumption in natural gas processing and in refrigeration systems that use carbon dioxide. It provides its products under the ERI, PX, Pressure Exchanger, PX Pressure Exchanger, Ultra PX, PX G, PX G1300, PX PowerTrain, AT, and Aquabold brands to large engineering, procurement, and construction firms; end-users and industry consultants; original equipment manufacturers; and aftermarket customers. The company was incorporated in 2001 and is headquartered in San Leandro, California.

ERII Price History

ERII Stock News Headlines

Better Than Oil Stocks?
The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment.
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
MSCI Upgrades Energy Recovery’s ESG Rating to AAA
Energy Recovery (NASDAQ: ERII)
Q1 2023 Energy Recovery Inc Earnings Call
See More Headlines
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ERII Company Calendar

Last Earnings
8/02/2023
Today
9/22/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pollution & Treatment Controls
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:ERII
CUSIP
29270J10
Employees
246
Year Founded
1992

Price Target and Rating

Average Stock Price Forecast
$32.00
High Stock Price Forecast
$32.00
Low Stock Price Forecast
$32.00
Forecasted Upside/Downside
+48.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$24.05 million
Pretax Margin
10.43%

Debt

Sales & Book Value

Annual Sales
$125.59 million
Cash Flow
$0.57 per share
Book Value
$3.31 per share

Miscellaneous

Free Float
53,756,000
Market Cap
$1.22 billion
Optionable
Optionable
Beta
1.24

Social Links

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Key Executives

  • Mr. Yu-Lang Mao (Age 79)
    Pres, CEO & Chairman
    Comp: $1.03M
  • Mr. Joshua Ballard CFA
    Chief Financial Officer
  • Dr. Farshad Ghasripoor (Age 63)
    Chief Technology Officer
    Comp: $523.52k
  • Mr. William W. Yeung (Age 51)
    Chief Legal Officer & Sec. to the Board
    Comp: $561k
  • Mr. Rodney Clemente (Age 43)
    Sr. VP of Water
    Comp: $575.69k
  • Mr. Nocair Bensalah (Age 54)
    VP of Operations
  • Mr. James Siccardi
    VP of Investor Relations
  • Ms. Kelley Vendeland
    VP of Marketing & Sustainability













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 "moderate 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 objectives for Energy Recovery's shares. Their ERII share price forecasts range from $32.00 to $32.00. On average, they predict the company's share price to reach $32.00 in the next twelve months. This suggests a possible upside of 48.4% 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 at the beginning of the year. Since then, ERII shares have increased by 5.2% and is now trading at $21.56.
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, November 1st 2023.
View our ERII earnings forecast
.

How were Energy Recovery's earnings last quarter?

Energy Recovery, Inc. (NASDAQ:ERII) announced its earnings results on Wednesday, August, 2nd. The industrial products company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by $0.01. The industrial products company had revenue of $20.72 million for the quarter, compared to analysts' expectations of $24.52 million. Energy Recovery had a net margin of 9.87% and a trailing twelve-month return on equity of 7.11%.

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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (8.23%), Trigran Investments Inc. (4.41%), William Blair Investment Management LLC (3.94%), Brown Capital Management LLC (3.34%), Avenir Corp (3.04%) and Jennison Associates LLC (2.69%). 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 $21.56.

How much money does Energy Recovery make?

Energy Recovery (NASDAQ:ERII) has a market capitalization of $1.22 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 $0.18 on an earnings per share basis.

How many employees does Energy Recovery have?

The company employs 246 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 9/22/2023 by MarketBeat.com Staff

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