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NASDAQ:ERIIEnergy Recovery Stock Price, Forecast & News

$7.68
-0.15 (-1.91 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$7.49
Now: $7.69
$7.79
50-Day Range
$6.99
MA: $7.64
$8.36
52-Week Range
$6.11
Now: $7.69
$12.04
Volume252,594 shs
Average Volume266,375 shs
Market Capitalization$426.90 million
P/E Ratio48.03
Dividend YieldN/A
Beta3.06
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.69 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$86.94 million
Cash Flow$0.26 per share
Book Value$2.49 per share

Profitability

Net Income$10.91 million

Miscellaneous

Employees143
Market Cap$426.90 million
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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Energy Recovery (NASDAQ:ERII) Frequently Asked Questions

How has Energy Recovery's stock been impacted by COVID-19 (Coronavirus)?

Energy Recovery's stock was trading at $8.50 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ERII stock has decreased by 9.6% and is now trading at $7.6850. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Energy Recovery?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energy Recovery in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Energy Recovery.

When is Energy Recovery's next earnings date?

Energy Recovery is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Energy Recovery.

How were Energy Recovery's earnings last quarter?

Energy Recovery, Inc. (NASDAQ:ERII) announced its earnings results on Thursday, April, 30th. The industrial products company reported $0.01 earnings per share for the quarter, hitting the consensus estimate of $0.01. The industrial products company earned $19 million during the quarter, compared to analysts' expectations of $22.04 million. Energy Recovery had a net margin of 11.72% and a return on equity of 5.90%. View Energy Recovery's earnings history.

What price target have analysts set for ERII?

4 brokerages have issued 1-year price objectives for Energy Recovery's shares. Their forecasts range from $12.00 to $18.00. On average, they anticipate Energy Recovery's stock price to reach $14.25 in the next twelve months. This suggests a possible upside of 85.4% from the stock's current price. View analysts' price targets for Energy Recovery.

Has Energy Recovery been receiving favorable news coverage?

News coverage about ERII stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 2.0 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutEnergy Recovery.

Are investors shorting Energy Recovery?

Energy Recovery saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,920,000 shares, a drop of 7.1% from the April 30th total of 4,220,000 shares. Based on an average daily trading volume, of 268,800 shares, the short-interest ratio is currently 14.6 days. Approximately 10.2% of the shares of the company are short sold. View Energy Recovery's Current Options Chain.

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 NVIDIA (NVDA), Advanced Micro Devices (AMD), FireEye (FEYE), Alibaba Group (BABA), Micron Technology (MU), Enphase Energy (ENPH), Inovio Pharmaceuticals (INO), Novavax (NVAX), Innovative Industrial Properties (IIPR) and QUALCOMM (QCOM).

Who are Energy Recovery's key executives?

Energy Recovery's management team includes the following 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

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 a variety of retail and institutional investors. Top institutional investors include Trigran Investments Inc. (9.33%), BlackRock Inc. (5.11%), Bank of New York Mellon Corp (2.55%), State Street Corp (1.47%), First Trust Advisors LP (1.22%) and Geode Capital Management LLC (0.94%). Company insiders that own Energy Recovery stock include Arve Hanstveit, Emily Smith, Eric Siebert, Farshad Ghasripoor, Hans Peter Michelet, Lenox Sharon E Smith, Nocair Bensalah, Ole Peter Lorentzen 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 Bank of New York Mellon Corp, JPMorgan Chase & Co., Deutsche Bank AG, Engineers Gate Manager LP, Baird Financial Group Inc., D.A. Davidson & CO., Principal Financial Group Inc., and American International Group Inc.. Company insiders that have sold Energy Recovery company stock in the last year include Arve Hanstveit, Emily Smith, Eric Siebert, Farshad Ghasripoor, Hans Peter Michelet, Ole Peter Lorentzen, and Rodney Clemente. View insider buying and selling activity for Energy Recovery.

Which major investors are buying Energy Recovery stock?

ERII stock was purchased by a variety of institutional investors in the last quarter, including Trigran Investments Inc., Essex Investment Management Co. LLC, Rice Hall James & Associates LLC, Raymond James & Associates, State Street Corp, BlackRock Inc., Aperio Group LLC, and First Trust Advisors LP. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Energy Recovery's stock price today?

One share of ERII stock can currently be purchased for approximately $7.69.

How big of a company is Energy Recovery?

Energy Recovery has a market capitalization of $426.90 million and generates $86.94 million in revenue each year. The industrial products company earns $10.91 million in net income (profit) each year or $0.18 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 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]

This page was last updated on 5/31/2020 by MarketBeat.com Staff

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