NASDAQ:ERII Energy Recovery (ERII) Stock Forecast, Price & News $21.29 -0.36 (-1.66%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$21.20▼$21.7850-Day Range$21.29▼$30.6152-Week Range$17.32▼$30.76Volume942,140 shsAverage Volume370,993 shsMarket Capitalization$1.20 billionP/E Ratio118.28Dividend YieldN/APrice Target$32.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Energy Recovery MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside50.3% Upside$32.00 Price TargetShort InterestHealthy4.91% of Float Sold ShortDividend StrengthN/ASustainability+0.24Upright™ Environmental ScoreNews Sentiment1.41Based on 3 Articles This WeekInsider TradingSelling Shares$3.42 M Sold Last QuarterProj. Earnings Growth40.63%From $0.32 to $0.45 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.2.82 out of 5 starsIndustrials Sector19th out of 52 stocksPollution & Treatment Controls Industry1st out of 2 stocks 3.3 Analyst's Opinion Consensus RatingEnergy Recovery has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $32.00, Energy Recovery has a forecasted upside of 50.3% from its current price of $21.29.Amount of Analyst CoverageEnergy Recovery has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.91% 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 6.4.Change versus previous monthShort interest in Energy Recovery has recently decreased by 1.10%, indicating that investor sentiment is improving. 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 3.0 News and Social Media Coverage News SentimentEnergy Recovery has a news sentiment score of 1.41. 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 0.40 average news sentiment score of Industrials companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Energy Recovery this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 1 people have added Energy Recovery to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Energy Recovery insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,419,449.00 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Energy Recovery are expected to grow by 40.63% in the coming year, from $0.32 to $0.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Energy Recovery is 118.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.52.Price to Earnings Ratio vs. SectorThe P/E ratio of Energy Recovery is 118.28, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 475.83.Price to Book Value per Share RatioEnergy Recovery has a P/B Ratio of 6.43. 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 (NASDAQ:ERII) StockEnergy 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ERII Stock News HeadlinesSeptember 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 22, 2023 | The Oxford Club (Ad)Better Than Oil Stocks?The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. September 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)September 22, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.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 $3.79MJuly 27, 2023 | finance.yahoo.com5 Companies That Could Benefit From Global Climate ChangeJuly 26, 2023 | finanznachrichten.deGreen Stock News: Energy Recovery to Supply PX Pressure Exchanger for Desalination Project in Gulf RegionJuly 25, 2023 | msn.comEnergy Recovery gets $17M contracts in gulf regionJuly 25, 2023 | finance.yahoo.comEnergy Recovery Awarded Nearly $17 Million in Desalination Contracts in the Gulf RegionJuly 18, 2023 | finance.yahoo.comMSCI Upgrades Energy Recovery’s ESG Rating to AAAJuly 10, 2023 | finance.yahoo.comEnergy Recovery Announces Appointment of Refrigeration, Water Executives to Board of DirectorsJuly 10, 2023 | finance.yahoo.comEnergy Recovery to Release Second Quarter 2023 Financial ResultsJune 27, 2023 | msn.comEnergy Recovery soars to all-time high as B. Riley says Buy, sets Street-high PTJune 13, 2023 | finance.yahoo.comEnergy Recovery, Inc. Awarded Refrigeration Innovation of the Year AwardJune 5, 2023 | finance.yahoo.comEnergy Recovery, Inc. (NASDAQ:ERII) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?June 1, 2023 | finance.yahoo.comEnergy Recovery Inc. Announces Expanded U Series Product LineMay 21, 2023 | fool.comEnergy Recovery (NASDAQ: ERII)May 19, 2023 | finance.yahoo.com3 Top Stocks From the Prospering Pollution Control IndustryMay 14, 2023 | marketwatch.comWhen the Price of Energy Recovery $ERII Talks, People ListenMay 7, 2023 | finance.yahoo.comInstitutional investors have a lot riding on Energy Recovery, Inc. (NASDAQ:ERII) with 74% ownershipMay 4, 2023 | finance.yahoo.comQ1 2023 Energy Recovery Inc Earnings CallSee 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 ERII Company Calendar Last Earnings8/02/2023Today9/22/2023Next Earnings (Estimated)11/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Pollution & Treatment Controls Sub-IndustryIndustrial Machinery SectorIndustrials Current SymbolNASDAQ:ERII CUSIP29270J10 CIK1421517 Webwww.energyrecovery.com Phone(510) 483-7370Fax510-483-7371Employees246Year Founded1992Price Target and Rating Average Stock Price Forecast$32.00 High Stock Price Forecast$32.00 Low Stock Price Forecast$32.00 Forecasted Upside/Downside+48.4%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.18 Trailing P/E Ratio119.78 Forward P/E Ratio67.38 P/E GrowthN/ANet Income$24.05 million Net Margins9.87% Pretax Margin10.43% Return on Equity7.11% Return on Assets6.11% Debt Debt-to-Equity RatioN/A Current Ratio9.89 Quick Ratio7.50 Sales & Book Value Annual Sales$125.59 million Price / Sales9.68 Cash Flow$0.57 per share Price / Cash Flow37.88 Book Value$3.31 per share Price / Book6.51Miscellaneous Outstanding Shares56,410,000Free Float53,756,000Market Cap$1.22 billion OptionableOptionable Beta1.24 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Yu-Lang Mao (Age 79)Pres, CEO & Chairman Comp: $1.03MMr. Joshua Ballard CFAChief Financial OfficerDr. Farshad Ghasripoor (Age 63)Chief Technology Officer Comp: $523.52kMr. William W. Yeung (Age 51)Chief Legal Officer & Sec. to the Board Comp: $561kMr. Rodney Clemente (Age 43)Sr. VP of Water Comp: $575.69kMr. Nocair Bensalah (Age 54)VP of Operations Mr. James SiccardiVP of Investor RelationsMs. Kelley VendelandVP of Marketing & SustainabilityMore ExecutivesKey CompetitorsDesktop MetalNYSE:DMLindsayNYSE:LNNGlobal IndustrialNYSE:GICUFP TechnologiesNASDAQ:UFPTAZZNYSE:AZZView All CompetitorsInsiders & InstitutionsJoshua BallardSold 700 sharesTotal: $16,821.00 ($24.03/share)Farshad GhasripoorSold 51,131 sharesTotal: $1.43 M ($27.92/share)William YeungSold 40,614 sharesTotal: $1.13 M ($27.75/share)Rodney ClementeSold 31,373 sharesTotal: $848,012.19 ($27.03/share)California State Teachers Retirement SystemSold 1,627 shares on 8/21/2023Ownership: 0.112%View All Insider TransactionsView All Institutional Transactions ERII Stock - Frequently Asked Questions Should I buy or sell Energy Recovery stock right now? 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 "moderate buy" ERII shares. View ERII analyst ratings or view top-rated stocks. What is Energy Recovery's stock price forecast for 2023? 3 brokerages have issued 1-year price objectives for Energy Recovery's shares. Their ERII share price forecasts range from $32.00 to $32.00. On average, they predict the company's share price to reach $32.00 in the next twelve months. This suggests a possible upside of 48.4% 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 at the beginning of the year. Since then, ERII shares have increased by 5.2% and is now trading at $21.56. 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, November 1st 2023. View our ERII earnings forecast. How were Energy Recovery's earnings last quarter? Energy Recovery, Inc. (NASDAQ:ERII) announced its earnings results on Wednesday, August, 2nd. The industrial products company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by $0.01. The industrial products company had revenue of $20.72 million for the quarter, compared to analysts' expectations of $24.52 million. Energy Recovery had a net margin of 9.87% and a trailing twelve-month return on equity of 7.11%. 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). What is Energy Recovery's stock symbol? Energy Recovery trades on the NASDAQ under the ticker symbol "ERII." Who are Energy Recovery's major shareholders? Energy Recovery's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (8.23%), Trigran Investments Inc. (4.41%), William Blair Investment Management LLC (3.94%), Brown Capital Management LLC (3.34%), Avenir Corp (3.04%) and Jennison Associates LLC (2.69%). Insiders that own company stock include Alexander J Buehler, Arve Hanstveit, As Arvarius, Farshad Ghasripoor, 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. What is Energy Recovery's stock price today? One share of ERII stock can currently be purchased for approximately $21.56. How much money does Energy Recovery make? Energy Recovery (NASDAQ:ERII) has a market capitalization of $1.22 billion and generates $125.59 million in revenue each year. The industrial products company earns $24.05 million in net income (profit) each year or $0.18 on an earnings per share basis. How many employees does Energy Recovery have? The company employs 246 workers across the globe. How can I contact Energy Recovery? Energy Recovery's mailing address is 1717 Doolittle Drive, San Leandro CA, 94577. The official website for the company is www.energyrecovery.com. The industrial products company can be reached via phone at (510) 483-7370, via email at ir@energyrecovery.com, or via fax at 510-483-7371. This page (NASDAQ:ERII) was last updated on 9/22/2023 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. 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