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

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$8.02 +0.12 (+1.52 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$8.02
Today's Range$7.93 - $8.08
52-Week Range$6.17 - $10.25
Volume147,823 shs
Average Volume162,641 shs
Market Capitalization$431.97 million
P/E Ratio114.57
Dividend YieldN/A
Beta4.74
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.

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$63.16 million
Cash Flow$0.1532 per share
Book Value$1.54 per share

Profitability

Net Income$12.35 million

Miscellaneous

Employees133
Market Cap$431.97 million
OptionableOptionable

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 plan on Friday, March 9th 2018, which allows the company to repurchase $10,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.

How were Energy Recovery's earnings last quarter?

Energy Recovery, Inc. (NASDAQ:ERII) announced its earnings results on Thursday, August, 2nd. The industrial products company reported $0.07 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.01 by $0.06. The industrial products company had revenue of $20.80 million for the quarter, compared to analyst estimates of $16.39 million. Energy Recovery had a return on equity of 12.63% and a net margin of 48.60%. The firm's revenue for the quarter was up 90.8% compared to the same quarter last year. During the same period last year, the company posted ($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 Thursday, March 7th 2019. View Earnings Estimates for Energy Recovery.

How can I listen to Energy Recovery's earnings call?

Energy Recovery will be holding an earnings conference call on Thursday, March 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8777098150.

What price target have analysts set for ERII?

3 brokerages have issued 12-month price objectives for Energy Recovery's shares. Their predictions range from $13.00 to $20.00. On average, they anticipate Energy Recovery's share price to reach $16.50 in the next twelve months. This suggests a possible upside of 105.7% from the stock's current price. View Analyst Price Targets for Energy Recovery.

What is the consensus analysts' recommendation for Energy Recovery?

3 Wall Street 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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Energy Recovery.

Has Energy Recovery been receiving favorable news coverage?

Headlines about ERII stock have been trending somewhat negative on Saturday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Energy Recovery earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days.

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 & 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 Oil & Gas (Age 39)

Who are Energy Recovery's major shareholders?

Energy Recovery's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Trigran Investments Inc. (5.28%), BlackRock Inc. (4.58%), Avenir Corp (1.48%), Northern Trust Corp (0.85%), First Trust Advisors LP (0.80%) and Principal Financial Group Inc. (0.79%). Company insiders that own Energy Recovery stock include Andrew B Stroud Jr, Arve Hanstveit, Hans Peter Michelet, Lenox Sharon E Smith, Nocair Bensalah, 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 Essex Investment Management Co. LLC, Millennium Management LLC, Manchester Capital Management LLC, First Trust Advisors LP, Principal Financial Group Inc., Menta Capital LLC, SFE Investment Counsel and BlackRock Inc.. Company insiders that have sold Energy Recovery company stock in the last year include Arve Hanstveit, Hans Peter Michelet and Nocair Bensalah. View Insider Buying and Selling for Energy Recovery.

Which institutional investors are buying Energy Recovery stock?

ERII stock was acquired by a variety of institutional investors in the last quarter, including Trigran Investments Inc., Avenir Corp, Quantum Capital Management, Alambic Investment Management L.P., Bank of New York Mellon Corp, Geode Capital Management LLC, Bank of Montreal Can and Bank of America Corp DE. 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 $8.02.

How big of a company is Energy Recovery?

Energy Recovery has a market capitalization of $431.97 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.

What is Energy Recovery's official website?

The official website for Energy Recovery is http://www.energyrecovery.com.

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:  250 (Vote Outperform)
Underperform Votes:  318 (Vote Underperform)
Total Votes:  568
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 2/16/2019 by MarketBeat.com Staff

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