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NASDAQ:ERIIEnergy Recovery Stock Price, Forecast & News

$8.40
+0.17 (+2.07 %)
(As of 08/11/2020 04:00 PM ET)
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Today's Range
$8.28
Now: $8.40
$8.58
50-Day Range
$6.85
MA: $7.65
$8.83
52-Week Range
$6.11
Now: $8.40
$11.07
Volume193,836 shs
Average Volume256,903 shs
Market Capitalization$467.73 million
P/E Ratio21.54
Dividend YieldN/A
Beta2.93
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: 3.3Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.42 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$0.28 per share
Book Value$2.47 per share

Profitability

Net Income$10.91 million

Miscellaneous

Employees143
Market Cap$467.73 million
Next Earnings Date10/29/2020 (Estimated)
OptionableOptionable
$8.40
+0.17 (+2.07 %)
(As of 08/11/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 COVID-19 reached pandemic status according to the World Health Organization. Since then, ERII stock has decreased by 1.2% and is now trading at $8.40.
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 2 hold ratings and 2 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, October 29th 2020.
View our earnings forecast for Energy Recovery
.

How were Energy Recovery's earnings last quarter?

Energy Recovery, Inc. (NASDAQ:ERII) posted its quarterly earnings results on Thursday, July, 30th. The industrial products company reported $0.33 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.04 by $0.29. The industrial products company had revenue of $43.61 million for the quarter, compared to analysts' expectations of $23.58 million. Energy Recovery had a net margin of 22.06% and a return on equity of 16.22%.
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 $9.50 to $15.00. On average, they anticipate Energy Recovery's stock price to reach $12.17 in the next twelve months. This suggests a possible upside of 44.8% from the stock's current price.
View analysts' price targets for Energy Recovery
.

Has Energy Recovery been receiving favorable news coverage?

Media headlines about ERII stock have trended negative on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Energy Recovery earned a media sentiment score of -2.6 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days.
View the latest news about Energy Recovery
.

Are investors shorting Energy Recovery?

Energy Recovery saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 4,170,000 shares, an increase of 5.3% from the July 15th total of 3,960,000 shares. Based on an average trading volume of 289,500 shares, the days-to-cover ratio is presently 14.4 days. Approximately 11.6% of the company's stock are short sold.
View Energy Recovery's Short Interest
.

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), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Advanced Micro Devices (AMD), Alibaba Group (BABA), FireEye (FEYE), Enphase Energy (ENPH), Micron Technology (MU), Boeing (BA) and Gilead Sciences (GILD).

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 First Trust Advisors LP (1.12%), Raymond James & Associates (0.36%), Essex Investment Management Co. LLC (0.25%), Russell Investments Group Ltd. (0.25%), Monarch Partners Asset Management LLC (0.19%) and UBS Group AG (0.17%). 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 Essex Investment Management Co. LLC, First Trust Advisors LP, Raymond James & Associates, D.A. Davidson & CO., Principal Financial Group Inc., Wedbush Securities Inc., UBS Group AG, and Cornerstone Investment Partners LLC. Company insiders that have sold Energy Recovery company stock in the last year include Arve Hanstveit, Emily Smith, Eric Siebert, Farshad Ghasripoor, 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 bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., FNY Investment Advisers LLC, Swiss National Bank, Monarch Partners Asset Management LLC, SG Americas Securities LLC, and Mainstay Capital Management LLC ADV.
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 $8.40.

How big of a company is Energy Recovery?

Energy Recovery has a market capitalization of $467.73 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 8/12/2020 by MarketBeat.com Staff

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