Energy Recovery Stock Price, News & Analysis (NASDAQ:ERII) $18.32 -0.06 (-0.33%) (As of 01:26 PM ET) Add Compare Share Share Today's Range$17.81▼$18.5750-Day Range$14.16▼$21.2152-Week Range$14.04▼$30.76Volume109,307 shsAverage Volume412,035 shsMarket Capitalization$1.04 billionP/E Ratio67.85Dividend YieldN/APrice Target$26.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Energy Recovery MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside43.2% Upside$26.00 Price TargetShort InterestBearish6.52% of Float Sold ShortDividend StrengthN/ASustainability+0.24Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$2.20 M Sold Last QuarterProj. Earnings Growth-7.50%From $0.40 to $0.37 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.18 out of 5 starsIndustrial Products Sector99th out of 141 stocksSpecial Industry Machinery, Not Elsewhere Classified Industry7th out of 13 stocks 3.5 Analyst's Opinion Consensus RatingEnergy Recovery has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.00, Energy Recovery has a forecasted upside of 43.2% from its current price of $18.16.Amount of Analyst CoverageEnergy Recovery has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.52% of the float of Energy Recovery has been sold short.Short Interest Ratio / Days to CoverEnergy Recovery has a short interest ratio ("days to cover") of 6.7.Change versus previous monthShort interest in Energy Recovery has recently increased by 4.37%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldEnergy Recovery does not currently pay a dividend.Dividend GrowthEnergy Recovery does not have a long track record of dividend growth. Previous Next 3.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEnergy Recovery has received a 40.97% net impact score from Upright. Energy Recovery seems to create the most significant positive value in categories "Taxes", "GHG emissions", and "Jobs". The positive contribution in the "GHG emissions" impact category is driven by its "Waste heat recovery systems" and "Pumps" products. See details.Environmental SustainabilityThe Environmental Impact score for Energy Recovery is 0.24. Previous Next 2.3 News and Social Media Coverage News SentimentEnergy Recovery has a news sentiment score of 1.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Industrial Products companies.Search InterestOnly 2 people have searched for ERII on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Energy Recovery insiders have sold 1,120.32% more of their company's stock than they have bought. Specifically, they have bought $180,620.00 in company stock and sold $2,204,143.00 in company stock.Percentage Held by InsidersOnly 4.70% of the stock of Energy Recovery is held by insiders.Percentage Held by Institutions79.49% of the stock of Energy Recovery is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Energy Recovery are expected to decrease by -7.50% in the coming year, from $0.40 to $0.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Energy Recovery is 67.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Energy Recovery is 67.26, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 22.39.Price to Book Value per Share RatioEnergy Recovery has a P/B Ratio of 5.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Energy Recovery Stock (NASDAQ:ERII)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.Read More ERII Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ERII Stock News HeadlinesNovember 19, 2023 | finance.yahoo.comAre Energy Recovery, Inc.'s (NASDAQ:ERII) Mixed Financials Driving The Negative Sentiment?November 14, 2023 | msn.comEnergy Recovery director reports share purchaseDecember 8, 2023 | Edge On The Street (Ad)Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.November 5, 2023 | finance.yahoo.comEstimating The Intrinsic Value Of Energy Recovery, Inc. (NASDAQ:ERII)November 3, 2023 | seekingalpha.comEnergy Recovery: Most Important Takeaways From The Q3 CallNovember 2, 2023 | finance.yahoo.comEnergy Recovery, Inc. (NASDAQ:ERII) Q3 2023 Earnings Call TranscriptNovember 1, 2023 | seekingalpha.comEnergy Recovery, Inc. (ERII) Q3 2023 Earnings Call TranscriptNovember 1, 2023 | finance.yahoo.comEnergy Recovery Inc (ERII) Reports 22% YoY Quarterly Revenue Growth in Q3 2023December 8, 2023 | Edge On The Street (Ad)Energy Storage Trend Ignites Frenzy Over Vanadium SupplyAs the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.November 1, 2023 | finance.yahoo.comEnergy Recovery Achieves 22% Year-on-Year Quarterly Revenue Growth, Beating GuidanceOctober 27, 2023 | msn.comEnergy Recovery Deserves More Downside Unless Earnings Paint A Better PictureOctober 25, 2023 | marketwatch.comEnergy Recovery Down 17% After CEO ChangeOctober 25, 2023 | markets.businessinsider.comWhy Energy Recovery Stock Sunk TodayOctober 24, 2023 | marketwatch.comEnergy Recovery Names Moon as Interim CEO, Tondreau to Be ChairpersonOctober 24, 2023 | msn.comEnergy Recovery taps board member Moon as interim CEOOctober 21, 2023 | finance.yahoo.comEnergy Recovery, Inc.'s (NASDAQ:ERII) latest 6.7% decline adds to one-year losses, institutional investors may consider drastic measuresOctober 7, 2023 | finance.yahoo.comThe five-year decline in earnings might be taking its toll on Energy Recovery (NASDAQ:ERII) shareholders as stock falls 5.3% over the past weekOctober 2, 2023 | finance.yahoo.comEnergy Recovery to Release Third Quarter 2023 Financial ResultsSeptember 22, 2023 | finance.yahoo.comEnergy Recovery and Epta Win Refrigeration Innovation of the Year at RAC Cooling Industry Awards 2023September 15, 2023 | finance.yahoo.comInsider Sell: CFO Joshua Ballard Sells 700 Shares of Energy Recovery IncSeptember 12, 2023 | finance.yahoo.comEnergy Recovery Establishes Corporate Emissions Reduction Target; Surpasses $5.9 Billion in Energy Savings for Customers According to Latest Sustainability ReportAugust 30, 2023 | benzinga.comEnergy Recovery Chief Legal Officer Sold $1.13M In Company StockAugust 30, 2023 | finance.yahoo.comInsider Sell: Chief Legal Officer William Yeung Sells 40,614 Shares of Energy Recovery IncAugust 17, 2023 | finance.yahoo.comWhen Should You Buy Energy Recovery, Inc. (NASDAQ:ERII)?August 8, 2023 | seekingalpha.comEnergy Recovery: Is CO2-Refrigeration Thesis Already Getting Cold? (Rating Downgrade)August 3, 2023 | finance.yahoo.comEnergy Recovery Affirms FY 2023 Guidance, Continues Investments in Wastewater and CO2 Business GrowthAugust 2, 2023 | seekingalpha.comEnergy Recovery Non-GAAP EPS of $0.00 beats by $0.03, revenue of $20.72M misses by $3.79MSee More Headlines Receive ERII Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Energy Recovery and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/01/2023Today12/08/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/28/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Special industry machinery, not elsewhere classified Sub-IndustryIndustrial Machinery SectorIndustrial Products Current SymbolNASDAQ:ERII CUSIP29270J10 CIK1421517 Webwww.energyrecovery.com Phone(510) 483-7370Fax510-483-7371Employees246Year Founded1992Price Target and Rating Average Stock Price Target$26.00 High Stock Price Target$32.00 Low Stock Price Target$20.00 Potential Upside/Downside+41.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.27 Trailing P/E Ratio68.08 Forward P/E Ratio45.95 P/E GrowthN/ANet Income$24.05 million Net Margins13.60% Pretax Margin14.25% Return on Equity9.28% Return on Assets8.04% Debt Debt-to-Equity RatioN/A Current Ratio8.91 Quick Ratio6.84 Sales & Book Value Annual Sales$113.45 million Price / Sales9.16 Cash Flow$0.56 per share Price / Cash Flow32.60 Book Value$3.31 per share Price / Book5.55Miscellaneous Outstanding Shares56,518,000Free Float53,862,000Market Cap$1.04 billion OptionableOptionable Beta1.36 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Joshua Ballard CFAChief Financial OfficerDr. Farshad Ghasripoor (Age 63)Chief Technology Officer Comp: $523.52kMr. William W. Yeung (Age 51)Chief Legal Officer & Secretary to the Board Comp: $561kMr. Rodney Clemente (Age 43)Senior Vice President of Water Comp: $575.69kMr. David W. Moon (Age 61)Interim President & CEO and Director Mr. Nocair Bensalah (Age 54)Vice President of Operations Comp: $358.38kMr. James SiccardiVice President of Investor RelationsMs. Kelley VendelandVice President of Marketing & SustainabilityMore ExecutivesKey CompetitorsTriMasNASDAQ:TRSiRobotNASDAQ:IRBTColumbus McKinnonNASDAQ:CMCOApogee EnterprisesNASDAQ:APOGProto LabsNYSE:PRLBView All CompetitorsInsiders & InstitutionsDeutsche Bank AGSold 61,438 shares on 11/24/2023Ownership: 0.401%Jacobs Levy Equity Management Inc.Bought 24,950 shares on 11/17/2023Ownership: 0.989%Sei Investments Co.Bought 8,948 shares on 11/15/2023Ownership: 0.054%The Manufacturers Life Insurance Company Bought 5,948 shares on 11/15/2023Ownership: 0.051%AQR Capital Management LLCSold 6,856 shares on 11/15/2023Ownership: 0.033%View All Insider TransactionsView All Institutional Transactions ERII Stock Analysis - Frequently Asked Questions Should I buy or sell Energy Recovery stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energy Recovery in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ERII shares. View ERII analyst ratings or view top-rated stocks. What is Energy Recovery's stock price target for 2024? 1 Wall Street research analysts have issued 12-month target prices for Energy Recovery's shares. Their ERII share price targets range from $20.00 to $32.00. On average, they predict the company's share price to reach $26.00 in the next twelve months. This suggests a possible upside of 43.2% 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 stock has decreased by 11.4% and is now trading at $18.16. 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, February 28th 2024. View our ERII earnings forecast. How were Energy Recovery's earnings last quarter? Energy Recovery, Inc. (NASDAQ:ERII) released its earnings results on Wednesday, November, 1st. The industrial products company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.08 by $0.09. The industrial products company had revenue of $37 million for the quarter, compared to analyst estimates of $31.29 million. Energy Recovery had a trailing twelve-month return on equity of 9.28% and a net margin of 13.60%. Energy Recovery's revenue was up 21.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.09 earnings per share. What ETFs hold Energy Recovery's stock? ETFs with the largest weight of Energy Recovery (NASDAQ:ERII) stock in their portfolio include VanEck Environmental Services ETF (EVX), Subversive Food Security ETF (KCAL), SPDR S&P Kensho Intelligent Structures ETF (SIMS), Horizon Kinetics Energy and Remediation ETF (NVIR), First Trust Water ETF (FIW), Invesco Dorsey Wright Industrials Momentum ETF (PRN), iShares MSCI Water Management Multisector ETF (IWTR) and Goldman Sachs Future Planet Equity ETF (GSFP). 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). Who are Energy Recovery's major shareholders? Energy Recovery's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (6.92%), Avenir Corp (3.15%), Jennison Associates LLC (2.70%), Diamond Hill Capital Management Inc. (2.42%), Trigran Investments Inc. (2.36%) and William Blair Investment Management LLC (1.98%). Insiders that own company stock include Alexander J Buehler, Arve Hanstveit, As Arvarius, David W Moon, Farshad Ghasripoor, Joan Kai Chow, 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. This page (NASDAQ:ERII) was last updated on 12/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Energy Recovery, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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