NASDAQ:ERII - Energy Recovery Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$9.05 -0.02 (-0.22 %)
(As of 08/21/2018 11:37 AM ET)
Previous Close$9.09
Today's Range$9.05 - $9.18
52-Week Range$6.17 - $11.30
Volume2,812 shs
Average Volume451,846 shs
Market Capitalization$487.58 million
P/E Ratio129.29
Dividend YieldN/A
Beta5.4
Energy Recovery logoEnergy Recovery, Inc. provides energy solutions to industrial fluid flow markets under the ERI, PX, Pressure Exchanger, PX Pressure Exchanger, AT, AquaBold, VorTeq, MTeq, IsoBoost, and IsoGen names worldwide. The company operates through Water and Oil & Gas segments. It offers pressure exchanger energy recovery devices for water desalination plants; hydraulic turbochargers for low-pressure brackish, high-pressure seawater reverse osmosis systems, and other water treatment applications; and high-pressure and circulation pumps for low and high-pressure reverse osmosis systems. The company also provides VorTeq solutions for hydraulic fracturing applications; MTeq solutions for mud pumping applications; IsoBoost systems, such as hydraulic turbo chargers, and related controls and automation systems; and IsoGen systems, including hydraulic turbines, and related controls and automation systems. It serves engineering, procurement, and construction (EPC) firms that design and build large desalination plants; original equipment manufacturers; oil companies; exploration and production companies; oilfield service companies; and EPC firms, which design and build oil and gas processing plants. The company markets its products through its direct sales channels and independent sales agents. Energy Recovery, Inc. was founded in 1992 and is headquartered in San Leandro, California.

Receive ERII News and Ratings via Email

Sign-up to receive the latest news and ratings for ERII and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Special industry machinery, not elsewhere classified
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
SymbolNASDAQ:ERII
CUSIP29270J10
Phone510-483-7370

Debt

Debt-to-Equity Ratio0.13
Current Ratio4.51
Quick Ratio4.26

Price-To-Earnings

Trailing P/E Ratio129.29
Forward P/E Ratio39.35
P/E GrowthN/A

Sales & Book Value

Annual Sales$63.16 million
Price / Sales7.68
Cash Flow$0.1499 per share
Price / Cash60.39
Book Value$1.54 per share
Price / Book5.88

Profitability

EPS (Most Recent Fiscal Year)$0.07
Net Income$12.35 million
Net Margins46.91%
Return on Equity10.72%
Return on Assets5.77%

Miscellaneous

Employees133
Outstanding Shares53,580,000
Market Cap$487.58 million

Energy Recovery (NASDAQ:ERII) Frequently Asked Questions

What is Energy Recovery's stock symbol?

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

How will Energy Recovery's stock buyback program work?

Energy Recovery announced that its Board of Directors has initiated a share repurchase program on Friday, March 9th 2018, which permits the company to buyback $10,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

How were Energy Recovery's earnings last quarter?

Energy Recovery, Inc. (NASDAQ:ERII) released its quarterly earnings data on Thursday, August, 2nd. The industrial products company reported $0.07 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.01 by $0.06. The industrial products company earned $20.80 million during the quarter, compared to analyst estimates of $16.39 million. Energy Recovery had a net margin of 46.91% and a return on equity of 10.72%. Energy Recovery's revenue was up 90.8% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.01) EPS. View Energy Recovery's Earnings History.

When is Energy Recovery's next earnings date?

Energy Recovery is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for Energy Recovery.

What price target have analysts set for ERII?

6 Wall Street analysts have issued 1-year price objectives for Energy Recovery's stock. Their predictions range from $13.00 to $20.00. On average, they anticipate Energy Recovery's share price to reach $16.00 in the next twelve months. This suggests a possible upside of 75.4% from the stock's current price. View Analyst Price Targets for Energy Recovery.

What is the consensus analysts' recommendation for Energy Recovery?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energy Recovery in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Energy Recovery.

Are investors shorting Energy Recovery?

Energy Recovery saw a drop in short interest in the month of July. As of July 31st, there was short interest totalling 9,954,815 shares, a drop of 2.8% from the July 13th total of 10,245,721 shares. Based on an average daily trading volume, of 220,338 shares, the short-interest ratio is currently 45.2 days. Currently, 31.9% of the shares of the company are short sold. View Energy Recovery's Current Options Chain.

Who are some of Energy Recovery's key competitors?

Who are Energy Recovery's key executives?

Energy Recovery's management team includes the folowing people:
  • Mr. Joel Gay, CEO, Pres & Director (Age 40)
  • Mr. Chris M. Gannon, Pres, CEO, CFO & Director (Age 46)
  • Mr. Nocair Bensalah, VP of Operations (Age 49)
  • Mr. Rodney Clemente, VP of Water (Age 38)
  • Mr. Eric O. Siebert, VP of Corp. Strategy (Age 39)

Has Energy Recovery been receiving favorable news coverage?

News articles about ERII stock have trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Energy Recovery earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave news headlines about the industrial products company an impact score of 46.38 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for Energy Recovery.

Who are Energy Recovery's major shareholders?

Energy Recovery's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.59%), Heartland Advisors Inc. (1.85%), First Trust Advisors LP (1.05%), Trigran Investments Inc. (0.53%), SCP Investment LP (0.46%) and Cadence Capital Management LLC (0.41%). Company insiders that own Energy Recovery stock include Andrew B Stroud Jr, Arve Hanstveit, Hans Peter Michelet, Lenox Sharon E Smith, Olav Fjell, Robert Yu Lang Mao and William Yeung. View Institutional Ownership Trends for Energy Recovery.

Which institutional investors are selling Energy Recovery stock?

ERII stock was sold by a variety of institutional investors in the last quarter, including Arlington Financial Advisors LLC and Heartland Advisors Inc.. Company insiders that have sold Energy Recovery company stock in the last year include Andrew B Stroud Jr, Arve Hanstveit, Hans Peter Michelet and Lenox Sharon E Smith. View Insider Buying and Selling for Energy Recovery.

Which institutional investors are buying Energy Recovery stock?

ERII stock was bought by a variety of institutional investors in the last quarter, including Trigran Investments Inc., BlackRock Inc., Millennium Management LLC, Quantum Capital Management, SCP Investment LP, Dimensional Fund Advisors LP, SFE Investment Counsel and Cadence Capital Management LLC. Company insiders that have bought Energy Recovery stock in the last two years include Olav Fjell, Robert Yu Lang Mao and William Yeung. View Insider Buying and Selling for Energy Recovery.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Energy Recovery's stock price today?

One share of ERII stock can currently be purchased for approximately $9.12.

How big of a company is Energy Recovery?

Energy Recovery has a market capitalization of $487.58 million and generates $63.16 million in revenue each year. The industrial products company earns $12.35 million in net income (profit) each year or $0.07 on an earnings per share basis. Energy Recovery employs 133 workers across the globe.

How can I contact Energy Recovery?

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]


MarketBeat Community Rating for Energy Recovery (NASDAQ ERII)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  229 (Vote Outperform)
Underperform Votes:  284 (Vote Underperform)
Total Votes:  513
MarketBeat's community ratings are surveys of what our community members think about Energy Recovery and other stocks. Vote "Outperform" if you believe ERII will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ERII will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/21/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel