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

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$9.54 -0.11 (-1.14 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$9.65
Today's Range$9.50 - $9.73
52-Week Range$6.17 - $11.11
Volume15,387 shs
Average Volume211,289 shs
Market Capitalization$519.73 million
P/E Ratio47.70
Dividend YieldN/A
Beta4.77
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. 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 small- to medium-sized desalination plants. 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 firms that design and build large desalination plants; original equipment manufacturers; plant owners and/or operators; oil companies; exploration and production companies; and oilfield service companies. The company operates in the Middle East, Africa, the Americas, Asia, Europe, and internationally. It markets its products through its direct salesforce. 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$74.51 million
Cash Flow$0.2610 per share
Book Value$2.20 per share

Profitability

Net Income$22.09 million

Miscellaneous

Employees143
Market Cap$519.73 million
Next Earnings Date8/1/2019 (Estimated)
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 announced that its board has initiated a stock buyback plan on Friday, March 9th 2018, which permits the company to buyback $10,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's management believes its stock is undervalued.

How were Energy Recovery's earnings last quarter?

Energy Recovery, Inc. (NASDAQ:ERII) issued its quarterly earnings results on Thursday, May, 2nd. The industrial products company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.02. The industrial products company earned $19.80 million during the quarter, compared to analyst estimates of $15.98 million. Energy Recovery had a return on equity of 11.72% and a net margin of 39.35%. The business's revenue for the quarter was up 43.5% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.01) 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 Thursday, August 1st 2019. View Earnings Estimates for Energy Recovery.

What price target have analysts set for ERII?

3 equities research analysts have issued 12 month price objectives for Energy Recovery's stock. 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 73.0% 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?

Media stories about ERII stock have trended negative this week, InfoTrie reports. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Energy Recovery earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days.

Who are some of Energy Recovery's key competitors?

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 Micron Technology (MU), NVIDIA (NVDA), FireEye (FEYE), Advanced Micro Devices (AMD), Alibaba Group (BABA), Inovio Pharmaceuticals (INO), Novavax (NVAX), Innovative Industrial Properties (IIPR), General Electric (GE) and Cara Therapeutics (CARA).

Who are Energy Recovery's key executives?

Energy Recovery's management team includes the folowing people:
  • Mr. Chris M. Gannon, Pres, CEO & Director (Age 47)
  • Mr. Nocair Bensalah, VP of Operations (Age 50)
  • Mr. Rodney Clemente, VP of Water (Age 39)
  • Mr. Eric O. Siebert, VP of Oil & Gas (Age 40)
  • Mr. Joshua Ballard CFA, Chief Financial Officer

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. (5.71%), BlackRock Inc. (4.43%), Avenir Corp (1.49%), First Trust Advisors LP (0.98%), Northern Trust Corp (0.83%) and Principal Financial Group Inc. (0.76%). Company insiders that own Energy Recovery stock include Andrew B Stroud Jr, Arve Hanstveit, Emily Smith, Hans Peter Michelet, Lenox Sharon E Smith, Nocair Bensalah, Olav Fjell and Rodney Clemente. View Institutional Ownership Trends for Energy Recovery.

Which major investors are selling Energy Recovery stock?

ERII stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., JPMorgan Chase & Co., Wells Fargo & Company MN, BlackRock Inc., Morgan Stanley, SFE Investment Counsel, Key Group Holdings Cayman LTD. and Alambic Investment Management L.P.. Company insiders that have sold Energy Recovery company stock in the last year include Arve Hanstveit, Emily Smith, Hans Peter Michelet, Lenox Sharon E Smith, Nocair Bensalah and Rodney Clemente. View Insider Buying and Selling for Energy Recovery.

Which major investors are buying Energy Recovery stock?

ERII stock was acquired by a variety of institutional investors in the last quarter, including Trigran Investments Inc., Essex Investment Management Co. LLC, First Trust Advisors LP, Renaissance Technologies LLC, Marshall Wace LLP, Zebra Capital Management LLC, Geode Capital Management LLC and Avenir Corp. 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 $9.54.

How big of a company is Energy Recovery?

Energy Recovery has a market capitalization of $519.73 million and generates $74.51 million in revenue each year. The industrial products company earns $22.09 million in net income (profit) each year or $0.20 on an earnings per share basis. Energy Recovery employs 143 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:  258 (Vote Outperform)
Underperform Votes:  335 (Vote Underperform)
Total Votes:  593
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 5/24/2019 by MarketBeat.com Staff

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