NASDAQ:ERII - Energy Recovery Stock Price, Price Target & More

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$8.10 -0.02 (-0.25 %)
(As of 06/25/2018 03:42 PM ET)
Previous Close$8.10
Today's Range$8.05 - $8.20
52-Week Range$6.13 - $11.30
Volume10,189 shs
Average Volume341,578 shs
Market Capitalization$434.44 million
P/E Ratio115.86
Dividend YieldN/A
Beta5.29
Energy Recovery logoEnergy 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
SymbolNASDAQ:ERII
CUSIP29270J10
Phone510-483-7370

Debt

Debt-to-Equity Ratio0.01
Current Ratio4.61
Quick Ratio4.32

Price-To-Earnings

Trailing P/E Ratio115.86
Forward P/E Ratio54.00
P/E GrowthN/A

Sales & Book Value

Annual Sales$63.16 million
Price / Sales6.86
Cash Flow$0.1503 per share
Price / Cash53.89
Book Value$1.54 per share
Price / Book5.26

Profitability

EPS (Most Recent Fiscal Year)$0.07
Net Income$12.35 million
Net Margins22.35%
Return on Equity6.13%
Return on Assets3.08%

Miscellaneous

Employees133
Outstanding Shares53,500,000

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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 program on Friday, March 9th 2018, which allows the company to buyback $10,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often 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) released its quarterly earnings results on Thursday, May, 3rd. The industrial products company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.02. The industrial products company earned $13.80 million during the quarter, compared to analyst estimates of $16.08 million. Energy Recovery had a return on equity of 6.13% and a net margin of 22.35%. The business's revenue was down 4.8% on a year-over-year basis. During the same quarter in the prior year, the business 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 Tuesday, July, 31st 2018. View Earnings Estimates for Energy Recovery.

What price target have analysts set for ERII?

6 equities research analysts have issued 12-month price objectives for Energy Recovery's stock. Their forecasts range from $13.00 to $20.00. On average, they anticipate Energy Recovery's share price to reach $16.00 in the next year. View Analyst Ratings for Energy Recovery.

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, CFO & 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)

Has Energy Recovery been receiving favorable news coverage?

Headlines about ERII stock have trended somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Energy Recovery earned a media sentiment score of 0.08 on Accern's scale. They also assigned media coverage about the industrial products company an impact score of 46.11 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

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 Nokomis Capital L.L.C. (4.56%), BlackRock Inc. (4.11%), Heartland Advisors Inc. (1.87%), Avenir Corp (0.58%), Amundi Pioneer Asset Management Inc. (0.55%) and JPMorgan Chase & Co. (0.43%). Company insiders that own Energy Recovery stock include Alexander J Buehler, Andrew B Stroud Jr, Arve Hanstveit, Hans Peter Michelet, Lenox Sharon E Smith, Olav Fjell, Robert Yu Lang Mao and William Yeung. 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 Wells Fargo & Company MN, BlackRock Inc. and D.A. Davidson & CO.. Company insiders that have sold Energy Recovery company stock in the last year include Andrew B Stroud Jr, Arve Hanstveit, Hans Peter Michelet and Lenox Sharon E Smith. View Insider Buying and Selling for Energy Recovery.

Which major investors are buying Energy Recovery stock?

ERII stock was bought by a variety of institutional investors in the last quarter, including Nokomis Capital L.L.C., SCP Investment LP, Heartland Advisors Inc., Amundi Pioneer Asset Management Inc., JPMorgan Chase & Co., Monarch Partners Asset Management LLC, SFE Investment Counsel and Avenir Corp. 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 $8.13.

How big of a company is Energy Recovery?

Energy Recovery has a market capitalization of $434.44 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.

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 (ERII)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  209 (Vote Outperform)
Underperform Votes:  264 (Vote Underperform)
Total Votes:  473
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 6/25/2018 by MarketBeat.com Staff

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