Energy Recovery Stock Forecast, Price & News

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" Energy Recovery stock.
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Wall Street analysts have given Energy Recovery a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Energy Recovery wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Energy Recovery is scheduled to release its next quarterly earnings announcement on Thursday, March 11th 2021.
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Energy Recovery will be holding an earnings conference call on Thursday, March 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Energy Recovery, Inc. (NASDAQ:ERII) released its quarterly earnings data on Thursday, October, 29th. The industrial products company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.07. The industrial products company had revenue of $27.41 million for the quarter, compared to analyst estimates of $24.12 million. Energy Recovery had a trailing twelve-month return on equity of 16.23% and a net margin of 20.61%.
View Energy Recovery's earnings history.

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 (WHO). Since then, ERII stock has increased by 114.9% and is now trading at $18.27.
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3 brokers have issued 1-year target prices for Energy Recovery's stock. Their forecasts range from $9.50 to $16.00. On average, they anticipate Energy Recovery's stock price to reach $12.75 in the next year. This suggests that the stock has a possible downside of 30.2%.
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6 employees have rated Energy Recovery CEO Joel Gay on Glassdoor.com. Joel Gay has an approval rating of 83% among Energy Recovery's employees.

Some companies that are related to Energy Recovery include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Ingersoll Rand (IR), Xylem (XYL), Dover (DOV), IDEX (IEX), Graco (GGG), Snap-on (SNA), Nordson (NDSN), Pentair (PNR), The Middleby (MIDD), Donaldson (DCI), Woodward (WWD) and ITT (ITT).
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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), The Boeing (BA), QUALCOMM (QCOM), Gilead Sciences (GILD) and Novavax (NVAX).

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

Energy Recovery's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Trigran Investments Inc. (9.88%), BlackRock Inc. (5.82%), Bank of New York Mellon Corp (2.37%), William Blair Investment Management LLC (1.79%), Northern Trust Corp (0.86%) and Essex Investment Management Co. LLC (0.64%). Company insiders that own Energy Recovery stock include Alexander J Buehler, Arve Hanstveit, Emily Smith, Eric Siebert, Farshad Ghasripoor, Hans Peter Michelet, Lenox Sharon E Smith, Nocair Bensalah, Ole Peter Lorentzen, Robert Yu Lang Mao, Rodney Clemente and Sherif Foda.
View institutional ownership trends for Energy Recovery.

ERII stock was sold by a variety of institutional investors in the last quarter, including Trigran Investments Inc., Monarch Partners Asset Management LLC, Elkhorn Partners Limited Partnership, Van ECK Associates Corp, Aperio Group LLC, Northern Trust Corp, Price T Rowe Associates Inc. MD, and Alliancebernstein L.P.. Company insiders that have sold Energy Recovery company stock in the last year include Alexander J Buehler, Arve Hanstveit, Emily Smith, Farshad Ghasripoor, Ole Peter Lorentzen, Robert Yu Lang Mao, Rodney Clemente, and Sherif Foda.
View insider buying and selling activity for Energy Recovery or view top insider-selling stocks.

ERII stock was purchased by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, BlackRock Inc., DNB Asset Management AS, Essex Investment Management Co. LLC, Bank of New York Mellon Corp, Handelsbanken Fonder AB, JPMorgan Chase & Co., and Zurcher Kantonalbank Zurich Cantonalbank.
View insider buying and selling activity for Energy Recovery or or view top insider-buying stocks.

Shares of ERII 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.
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One share of ERII stock can currently be purchased for approximately $18.27.

Energy Recovery has a market capitalization of $1.02 billion 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 188 workers across the globe.

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

Energy Recovery is headquartered at 1717 Doolittle Drive, San Leandro CA, 94577.

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]