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

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$8.36 +0.01 (+0.12 %)
(As of 11/15/2018 04:00 PM ET)
Previous Close$8.35
Today's Range$8.26 - $8.48
52-Week Range$6.17 - $11.30
Volume127,800 shs
Average Volume342,214 shs
Market Capitalization$452.44 million
P/E Ratio119.14
Dividend YieldN/A
Beta5.54
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

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

Debt

Debt-to-Equity Ratio0.12
Current Ratio4.22
Quick Ratio3.99

Price-To-Earnings

Trailing P/E Ratio119.14
Forward P/E Ratio44.00
P/E GrowthN/A

Sales & Book Value

Annual Sales$63.16 million
Price / Sales7.13
Cash Flow$0.15 per share
Price / Cash55.74
Book Value$2.03 per share
Price / Book4.12

Profitability

EPS (Most Recent Fiscal Year)$0.07
Net Income$12.35 million
Net Margins48.60%
Return on Equity12.63%
Return on Assets7.24%

Miscellaneous

Employees133
Outstanding Shares53,860,000
Market Cap$452.44 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 has initiated a stock repurchase plan on Friday, March 9th 2018, which permits the company to repurchase $10,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.

How were Energy Recovery's earnings last quarter?

Energy Recovery, Inc. (NASDAQ:ERII) announced its earnings results on Friday, November, 2nd. The industrial products company reported $0.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.05 by $0.03. The industrial products company earned $22.20 million during the quarter, compared to the consensus estimate of $20.63 million. Energy Recovery had a return on equity of 12.63% and a net margin of 48.60%. The firm's quarterly revenue was up 29.8% on a year-over-year basis. During the same period last year, the firm posted $0.03 earnings per share. 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 Wednesday, March 6th 2019. View Earnings Estimates for Energy Recovery.

What price target have analysts set for ERII?

3 brokerages have issued 12 month price targets for Energy Recovery's stock. Their forecasts range from $13.00 to $20.00. On average, they expect Energy Recovery's share price to reach $15.6667 in the next year. This suggests a possible upside of 87.4% 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 3 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 positive recently, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. 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 coverage optimism score of 3.0 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the company's share price in the next several 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 Corp. Strategy (Age 39)

Who are Energy Recovery's major shareholders?

Energy Recovery's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.60%), Trigran Investments Inc. (1.52%), Sandia Holdings LLC (1.26%), Heartland Advisors Inc. (0.93%), First Trust Advisors LP (0.86%) and Cadence Capital Management LLC (0.49%). 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 Heartland Advisors Inc., Sandia Holdings LLC, First Trust Advisors LP, SCP Investment LP, Crestline Management LP, Credit Suisse AG and NJ State Employees Deferred Compensation Plan. Company insiders that have sold Energy Recovery company stock in the last year include Andrew B Stroud Jr, Arve Hanstveit, Hans Peter Michelet, Lenox Sharon E Smith and Nocair Bensalah. View Insider Buying and Selling for Energy Recovery.

Which institutional investors are buying Energy Recovery stock?

ERII stock was purchased by a variety of institutional investors in the last quarter, including Trigran Investments Inc., Quantum Capital Management, Alps Advisors Inc., Cadence Capital Management LLC, Dynamic Technology Lab Private Ltd, JPMorgan Chase & Co., JPMorgan Chase & Co. and Mainstay Capital Management LLC ADV. 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 $8.36.

How big of a company is Energy Recovery?

Energy Recovery has a market capitalization of $452.44 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:  244 (Vote Outperform)
Underperform Votes:  304 (Vote Underperform)
Total Votes:  548
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 11/15/2018 by MarketBeat.com Staff

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