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Stock market today: Asian shares mostly rise after House approves debt ceiling deal
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Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
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Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
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KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Instantly Find Hidden Trade Opportunities (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Instantly Find Hidden Trade Opportunities (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Instantly Find Hidden Trade Opportunities (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Instantly Find Hidden Trade Opportunities (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Instantly Find Hidden Trade Opportunities (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Instantly Find Hidden Trade Opportunities (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?

Energy Recovery (ERII) Stock Forecast, Price & News

$23.81
-0.91 (-3.68%)
(As of 05/31/2023 ET)
Compare
Today's Range
$23.77
$24.73
50-Day Range
$21.50
$25.48
52-Week Range
$17.32
$26.34
Volume
418,273 shs
Average Volume
335,172 shs
Market Capitalization
$1.34 billion
P/E Ratio
140.07
Dividend Yield
N/A
Price Target
$27.00

Energy Recovery MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
13.4% Upside
$27.00 Price Target
Short Interest
Healthy
4.66% of Float Sold Short
Dividend Strength
N/A
Sustainability
+0.24
Upright™ Environmental Score
News Sentiment
1.80mentions of Energy Recovery in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$436,767 Sold Last Quarter
Proj. Earnings Growth
30.43%
From $0.46 to $0.60 Per Share

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 stars

Industrial Products Sector

135th out of 178 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

10th out of 14 stocks


ERII stock logo

About Energy Recovery (NASDAQ:ERII) Stock

Energy 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.

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ERII Stock News Headlines

Energy Recovery (NASDAQ: ERII)
"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 >>>
"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 >>>
Q1 2023 Energy Recovery Inc Earnings Call
Recap: Energy Recovery Q1 Earnings
Energy Recovery ($ERII) Trading Report
Energy Recovery (ERII) to Release Earnings on Wednesday
Energy Recovery to Host First Quarter 2023...
See More Headlines
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ERII Company Calendar

Last Earnings
5/03/2023
Today
5/31/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Special industry machinery, not elsewhere classified
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:ERII
CUSIP
29270J10
Employees
222
Year Founded
1992

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$24.05 million
Pretax Margin
9.65%

Debt

Sales & Book Value

Annual Sales
$125.59 million
Cash Flow
$0.56 per share
Book Value
$3.22 per share

Miscellaneous

Free Float
53,756,000
Market Cap
$1.34 billion
Optionable
Optionable
Beta
1.20

Social Links


Key Executives

  • Yu Lang Mao
    Chairman, President & Chief Executive Officer
  • Nocair Bensalah
    Vice President-Operations
  • Joshua Ballard
    Chief Financial Officer
  • Farshad Ghasripoor
    Chief Technology Officer
  • Rodney Clemente
    Senior Vice President-Water













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 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

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