About Energy Recovery (NASDAQ:ERII)
Energy 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.
Industry, Sector and Symbol
Industry Special industry machinery, not elsewhere classified
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
SymbolNASDAQ:ERII
CUSIP29270J10
Phone510-483-7370
Debt
Debt-to-Equity RatioN/A
Current Ratio6.36%
Quick Ratio6.09%
Price-To-Earnings
Trailing P/E Ratio117.00
Forward P/E Ratio32.76
P/E GrowthN/A
Sales & Book Value
Annual Sales$63.16 million
Price / Sales7.00
Cash Flow$0.1450 per share
Price / Cash56.47
Book Value$1.54 per share
Price / Book5.32
Profitability
EPS (Most Recent Fiscal Year)$0.07
Net Income$12.35 million
Net Margins22.39%
Return on Equity5.62%
Return on Assets2.65%
Miscellaneous
Employees133
Outstanding Shares53,990,000
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 declared that its Board of Directors has authorized a stock buyback program on Friday, March 9th 2018, which authorizes the company to buyback $10,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.
How were Energy Recovery's earnings last quarter?
Energy Recovery (NASDAQ:ERII) announced its quarterly earnings results on Wednesday, March, 7th. The industrial products company reported $0.06 EPS for the quarter, missing the Zacks' consensus estimate of $0.23 by $0.17. The industrial products company had revenue of $22.39 million for the quarter, compared to analysts' expectations of $30.59 million. Energy Recovery had a net margin of 22.39% and a return on equity of 5.62%. The business's revenue was up 25.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.06 EPS. View Energy Recovery's Earnings History.
When is Energy Recovery's next earnings date?
What price target have analysts set for ERII?
6 brokerages have issued 1-year price targets for Energy Recovery's stock. Their predictions range from $12.00 to $20.00. On average, they expect Energy Recovery's stock price to reach $15.8333 in the next year. View Analyst Ratings for Energy Recovery.
Who are some of Energy Recovery's key competitors?
Some companies that are related to Energy Recovery include Brooks Automation (BRKS), Milacron (MCRN), Veeco (VECO), Axcelis Technologies (ACLS), Manitex International (MNTX), ACM Research (ACMR), Intevac (IVAC), Amtech Systems (ASYS), CVD Equipment (CVV), Greystone Logistics (GLGI), MagneGas (MNGA) and Enviro Technologies (EVTN).
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, Interim Pres, CEO & CFO (Age 46)
- Mr. Nocair Bensalah, VP of Operations (Age 49)
- Mr. Rodney Clemente, VP of Global Desalination Sales (Age 38)
- Mr. Eric O. Siebert, VP of Strategy & Emerging Market Sales (Age 39)
Has Energy Recovery been receiving favorable news coverage?
Media coverage about ERII stock has trended somewhat positive on Wednesday, according to Accern Sentiment. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Energy Recovery earned a news impact score of 0.05 on Accern's scale. They also gave news headlines about the industrial products company an impact score of 47.60 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
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 $8.19.
How big of a company is Energy Recovery?
Energy Recovery has a market capitalization of $459.42 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 (ERII)
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.
Energy Recovery (NASDAQ:ERII) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
6 Wall Street analysts have issued ratings and price targets for Energy Recovery in the last 12 months. Their average twelve-month price target is $15.8333, suggesting that the stock has a possible upside of 93.33%. The high price target for ERII is $20.00 and the low price target for ERII is $12.00. There are currently 6 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 3.00 | 3.00 | 3.00 | 3.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
0 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $15.8333 | $15.8333 | $16.4286 | $16.5714 |
| Price Target Upside: | 93.33% upside | 101.70% upside | 82.54% upside | 101.84% upside |
Energy Recovery (NASDAQ:ERII) Consensus Price Target History
Energy Recovery (NASDAQ:ERII) Analyst Ratings History
Show:
(Data available from 4/25/2016 forward)
Energy Recovery (NASDAQ:ERII) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Energy Recovery (NASDAQ ERII) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 23.60%
Institutional Ownership Percentage: 36.01%
Energy Recovery (NASDAQ ERII) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/12/2018 | Arve Hanstveit | Director | Sell | 50,000 | $8.57 | $428,500.00 | 1,095,800 |  |
| 12/22/2017 | Hans Peter Michelet | Director | Sell | 50,000 | $8.91 | $445,500.00 | | |
| 12/13/2017 | Lenox Sharon E Smith | Insider | Sell | 2,000 | $11.00 | $22,000.00 | 11,614 | |
| 11/30/2017 | Andrew B Stroud Jr | VP | Sell | 7,117 | $11.00 | $78,287.00 | 32,398 | |
| 9/14/2017 | Olav Fjell | Director | Buy | 18,000 | $7.08 | $127,440.00 | 18,000 | |
| 3/14/2017 | Robert Yu Lang Mao | Director | Buy | 20,000 | $7.53 | $150,600.00 | 142,361 | |
| 3/14/2017 | William Yeung | General Counsel | Buy | 3,298 | $7.58 | $24,998.84 | 13,494 | |
| 11/8/2016 | William Yeung | General Counsel | Buy | 4,770 | $10.10 | $48,177.00 | | |
| 8/15/2016 | Alexander J Buehler | Director | Sell | 500 | $13.01 | $6,505.00 | 60,000 | |
| 8/11/2016 | Alexander J Buehler | Director | Sell | 24,500 | $13.05 | $319,725.00 | 60,500 | |
| 8/9/2016 | Alexander J Buehler | Director | Sell | 5,000 | $13.00 | $65,000.00 | 85,000 | |
| 6/15/2016 | Hans Peter Michelet | Director | Sell | 150,000 | $9.14 | $1,371,000.00 | 225,000 | |
| 6/6/2016 | Chris M Gannon | CFO | Buy | 6,350 | $10.96 | $69,596.00 | 32,435 | |
| 5/24/2016 | Eric Siebert | VP | Buy | 21,389 | $9.51 | $203,409.39 | 49,953 | |
| 5/17/2016 | Andrew B Stroud Jr | VP | Sell | 2,700 | $11.11 | $29,997.00 | 14,241 | |
| 4/20/2016 | Arve Hanstveit | Director | Sell | 50,000 | $12.59 | $629,500.00 | 1,145,800 | |
| 3/21/2016 | Arve Hanstveit | Director | Sell | 27,900 | $10.11 | $282,069.00 | 1,195,800 | |
| 3/11/2016 | Robert Yu Lang Mao | Director | Buy | 40,000 | $9.45 | $378,000.00 | 97,361 | |
| 3/10/2016 | Alexander J Buehler | Director | Sell | 30,000 | $9.79 | $293,700.00 | 90,000 | |
| 3/9/2016 | Arve Hanstveit | Director | Sell | 60,000 | $8.63 | $517,800.00 | 1,255,800 | |
| 12/15/2015 | Juan Otero | Insider | Buy | 6,715 | $7.04 | $47,273.60 | 6,715 | |
| 11/20/2015 | Hans Peter Michelet | Director | Sell | 69,700 | $7.00 | $487,900.00 | 300,000 | |
| 11/17/2015 | Hans Peter Michelet | Director | Sell | 26,400 | $7.32 | $193,248.00 | 369,700 | |
| 11/13/2015 | Hans Peter Michelet | Director | Sell | 13,600 | $7.74 | $105,264.00 | 395,100 | |
| 3/12/2015 | Alexander J Buehler | Director | Buy | 120,000 | $2.81 | $337,200.00 | | |
| 3/12/2015 | Ole Peter Lorentzen | Major Shareholder | Buy | 200,000 | $2.74 | $548,000.00 | | |
| 3/11/2015 | Andrew B Stroud Jr | VP | Buy | 1,700 | $2.83 | $4,811.00 | | |
| 11/12/2014 | Ole Peter Lorentzen | Major Shareholder | Buy | 158,907 | $4.52 | $718,259.64 | | |
| 11/6/2014 | Ole Peter Lorentzen | Major Shareholder | Buy | 197,200 | $4.26 | $840,072.00 | | |
| 9/3/2014 | Ole Peter Lorentzen | Major Shareholder | Buy | 735,000 | $4.38 | $3,219,300.00 | | |
| 5/30/2014 | Dominique Trempont | Director | Buy | 21,571 | $5.15 | $111,090.65 | | |
| 5/27/2014 | Dominique Trempont | Director | Buy | 39,566 | $4.74 | $187,542.84 | | |
| 5/21/2014 | Robert Yu Lang Mao | Director | Buy | 50,000 | $4.57 | $228,500.00 | 57,361 | |
| 5/7/2014 | Ole Peter Lorentzen | major shareholder | Buy | 1,000,000 | $5.21 | $5,210,000.00 | | |
| 3/26/2014 | Fred Olav Johannessen | Director | Sell | 180,000 | $5.46 | $982,800.00 | 919,500 | |
| 3/11/2014 | Arve Hanstveit | Director | Sell | 80,000 | $6.01 | $480,800.00 | 1,650,800 | |
| 2/18/2014 | Ole Peter Lorentzen | major shareholder | Buy | 100,000 | $4.17 | $417,000.00 | | |
| 12/2/2013 | Hans Peter Michelet | Director | Sell | 20,300 | $5.01 | $101,703.00 | 409,700 | |
| 11/13/2013 | Dominique Trempont | Director | Buy | 64,622 | $4.64 | $299,846.08 | 274,155 | |
| 8/30/2013 | Arve Hanstveit | Director | Buy | 80,800 | $5.13 | $414,504.00 | 1,730,800 | |
| 5/14/2013 | Dominique Trempont | Director | Buy | 57,143 | $3.50 | $200,000.50 | | |
(Data available from 1/1/2013 forward)
Energy Recovery (NASDAQ ERII) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Energy Recovery (ERII) Upgraded to "Hold" at BidaskClub
www.americanbankingnews.com - April 24 at 10:28 AM |
| Energy Recovery (ERII) to Release Quarterly Earnings on Tuesday
www.americanbankingnews.com - April 24 at 8:24 AM |
| Zacks: Analysts Anticipate Energy Recovery (ERII) Will Post Quarterly Sales of $13.87 Million
www.americanbankingnews.com - April 21 at 1:56 AM |
| Zacks Investment Research Upgrades Energy Recovery (ERII) to Hold
www.americanbankingnews.com - April 20 at 11:22 PM |
| -$0.03 EPS Expected for Energy Recovery (ERII) This Quarter
www.americanbankingnews.com - April 19 at 11:12 PM |
 | Energy Recovery to Host First Quarter 2018 Financial Results Conference Call on May 3, 2018
finance.yahoo.com - April 18 at 9:27 AM |
| Energy Recovery (ERII) vs. IHI (IHICY) Critical Analysis
www.americanbankingnews.com - April 16 at 5:39 AM |
| Energy Recovery (ERII) Downgraded by BidaskClub to Sell
www.americanbankingnews.com - April 15 at 1:48 PM |
| Energy Recovery (ERII) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - April 11 at 3:29 PM |
| Insider Selling: Energy Recovery (ERII) Director Sells 50,000 Shares of Stock
www.americanbankingnews.com - April 10 at 7:30 PM |
| Energy Recovery (ERII) Receives New Coverage from Analysts at JMP Securities
www.americanbankingnews.com - April 9 at 12:42 PM |
| Energy Recovery (ERII) Coverage Initiated at Seaport Global Securities
www.americanbankingnews.com - April 6 at 10:54 PM |
| Traders Buy High Volume of Energy Recovery Put Options (ERII)
www.americanbankingnews.com - April 3 at 7:40 AM |
| Energy Recovery (ERII) Expected to Post Earnings of -$0.03 Per Share
www.americanbankingnews.com - April 3 at 1:16 AM |
| Energy Recovery (ERII) Upgraded by ValuEngine to "Hold"
www.americanbankingnews.com - April 1 at 10:20 PM |
| Energy Recovery (ERII) Given Buy Rating at B. Riley
www.americanbankingnews.com - April 1 at 8:50 AM |
| Energy Recovery (ERII) Lifted to Strong-Buy at Zacks Investment Research
www.americanbankingnews.com - March 31 at 12:32 PM |
| Energy Recovery (ERII) vs. Fuel Tech (FTEK) Financial Review
www.americanbankingnews.com - March 30 at 1:37 PM |
| Head-To-Head Review: MagneGas (MNGA) and Energy Recovery (ERII)
www.americanbankingnews.com - March 28 at 11:25 AM |
| Energy Recovery Awarded $10.1 Million for Water Projects in Saudi Arabia
finance.yahoo.com - March 27 at 4:54 PM |
| Energy Recovery (ERII) PT Set at $20.00 by B. Riley
www.americanbankingnews.com - March 27 at 1:17 PM |
| Financial Analysis: Heritage-Crystal Clean (HCCI) vs. Energy Recovery (ERII)
www.americanbankingnews.com - March 25 at 11:34 PM |
| Comparing Casella Waste Systems (CWST) & Energy Recovery (ERII)
www.americanbankingnews.com - March 24 at 7:18 PM |
| Equities Analysts Issue Forecasts for Energy Recovery, Inc.'s Q1 2018 Earnings (ERII)
www.americanbankingnews.com - March 22 at 8:45 AM |
| Research Analysts Set Expectations for Energy Recovery, Inc.'s FY2019 Earnings (ERII)
www.americanbankingnews.com - March 21 at 2:20 PM |
| BidaskClub Upgrades Energy Recovery (ERII) to "Sell"
www.americanbankingnews.com - March 18 at 6:40 PM |
| Energy Recovery, Inc. (ERII) Expected to Post Quarterly Sales of $22.20 Million
www.americanbankingnews.com - March 18 at 2:12 AM |
| Energy Recovery (ERII) and Sharps Compliance (SMED) Head-To-Head Comparison
www.americanbankingnews.com - March 17 at 9:12 PM |
| Energy Recovery, Inc. (ERII) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - March 17 at 3:20 PM |
| -$0.04 Earnings Per Share Expected for Energy Recovery, Inc. (ERII) This Quarter
www.americanbankingnews.com - March 16 at 9:04 PM |
| Energy Recovery Awarded $4 Million for Desalination Projects in Egypt
finance.yahoo.com - March 15 at 10:11 AM |
| Capital One Financial Brokers Decrease Earnings Estimates for Energy Recovery, Inc. (ERII)
www.americanbankingnews.com - March 12 at 5:48 AM |
| Energy Recovery (ERII) Lifted to "Hold" at ValuEngine
www.americanbankingnews.com - March 10 at 8:16 PM |
| Energy Recovery (ERII) Upgraded at TheStreet
www.americanbankingnews.com - March 10 at 12:04 PM |
| Energy Recovery (ERII) Given a $20.00 Price Target by B. Riley Analysts
www.americanbankingnews.com - March 10 at 12:30 AM |
| Energy Recovery (ERII) to Repurchase $10.00 million in Outstanding Stock
www.americanbankingnews.com - March 9 at 11:31 AM |
 | Energy Recovery (ERII) Approves $10M Buyback Plan
www.streetinsider.com - March 9 at 10:51 AM |
 | Energy Recovery +7% on news of $10M stock buyback program - Seeking Alpha
seekingalpha.com - March 8 at 4:53 PM |
 | Energy Recovery Announces Share Repurchase Program - PR Newswire (press release)
www.prnewswire.com - March 8 at 4:53 PM |
| Energy Recovery Reports Fiscal Year End 2017 Financial Results - PR Newswire (press release)
www.prnewswire.com - March 8 at 4:53 PM |
| Energy Recovery Inc.: A Crap Shoot With Odds Stacked In Your Favor - Seeking Alpha
seekingalpha.com - March 8 at 4:53 PM |
| Energy Recovery misses 4Q revenue forecasts
finance.yahoo.com - March 8 at 10:21 AM |
| Energy Recovery (ERII) Announces Quarterly Earnings Results, Misses Estimates By $0.17 EPS
www.americanbankingnews.com - March 7 at 9:14 PM |
| Energy Recovery Reports Fiscal Year End 2017 Financial Results
finance.yahoo.com - March 7 at 4:51 PM |
| AWM Investment Company Inc. Purchases Shares of 212,242 Energy Recovery, Inc. (ERII)
www.americanbankingnews.com - March 6 at 4:45 AM |
| Energy Recovery (ERII) Downgraded by ValuEngine
www.americanbankingnews.com - March 4 at 7:16 PM |
| Brokers Issue Forecasts for Energy Recovery, Inc.'s Q1 2018 Earnings (ERII)
www.americanbankingnews.com - March 2 at 9:30 AM |
| Fuller & Thaler Asset Management Inc. Acquires New Holdings in Energy Recovery, Inc. (ERII)
www.americanbankingnews.com - March 1 at 9:42 AM |
| Traders Purchase Large Volume of Call Options on Energy Recovery (ERII)
www.americanbankingnews.com - March 1 at 7:24 AM |
| Energy Recovery, Inc. (ERII) Expected to Post Quarterly Sales of $25.95 Million
www.americanbankingnews.com - March 1 at 2:04 AM |
Energy Recovery (NASDAQ:ERII) SEC Filings
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Energy Recovery (NASDAQ:ERII) Income Statement, Balance Sheet and Cash Flow Statement
Energy Recovery (NASDAQ ERII) Stock Chart for Wednesday, April, 25, 2018
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