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

$10.90
-0.12 (-1.09 %)
(As of 02/23/2020 04:00 PM ET)
Today's Range
$10.85
Now: $10.90
$11.05
50-Day Range
$9.72
MA: $10.35
$11.02
52-Week Range
$7.72
Now: $10.90
$12.04
Volume107,192 shs
Average Volume137,109 shs
Market Capitalization$600.81 million
P/E Ratio43.60
Dividend YieldN/A
Beta4.05
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. Read More…

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$0.28 per share
Book Value$2.11 per share

Profitability

Net Income$22.09 million

Miscellaneous

Employees143
Market Cap$600.81 million
Next Earnings Date3/5/2020 (Confirmed)
OptionableOptionable

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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 announced that its Board of Directors has authorized a stock repurchase program on Friday, March 9th 2018, which allows the company to buyback $10,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are often 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) released its earnings results on Thursday, October, 31st. The industrial products company reported $0.07 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.04. The industrial products company earned $24.90 million during the quarter, compared to the consensus estimate of $22.01 million. Energy Recovery had a return on equity of 9.95% and a net margin of 18.65%. The firm's revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.08 EPS. 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, March 5th 2020. View Earnings Estimates for Energy Recovery.

How can I listen to Energy Recovery's earnings call?

Energy Recovery will be holding an earnings conference call on Thursday, March 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for ERII?

4 brokers have issued 12-month price targets for Energy Recovery's stock. Their forecasts range from $12.00 to $18.00. On average, they anticipate Energy Recovery's share price to reach $15.00 in the next year. This suggests a possible upside of 37.6% from the stock's current price. View Analyst Price Targets for Energy Recovery.

What is the consensus analysts' recommendation for Energy Recovery?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energy Recovery in the last year. There are currently 4 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?

News coverage about ERII stock has been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. 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 daily sentiment score of -1.8 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Energy Recovery.

Are investors shorting Energy Recovery?

Energy Recovery saw a drop in short interest in January. As of January 31st, there was short interest totalling 4,490,000 shares, a drop of 9.8% from the January 15th total of 4,980,000 shares. Based on an average daily volume of 215,000 shares, the days-to-cover ratio is currently 20.9 days. Currently, 11.8% of the company's shares are sold short. 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 Alibaba Group (BABA), FireEye (FEYE), Advanced Micro Devices (AMD), Micron Technology (MU), NVIDIA (NVDA), Novavax (NVAX), AbbVie (ABBV), Innovative Industrial Properties (IIPR), Cara Therapeutics (CARA) and Inovio Pharmaceuticals (INO).

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 institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (2.67%), State Street Corp (1.38%), First Trust Advisors LP (1.15%), Geode Capital Management LLC (0.88%), Essex Investment Management Co. LLC (0.66%) and Baird Financial Group Inc. (0.42%). 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 Principal Financial Group Inc., Bank of America Corp DE, Renaissance Technologies LLC, Spark Investment Management LLC, New York State Common Retirement Fund, Mainstay Capital Management LLC ADV, Baird Financial Group Inc. and Alliancebernstein L.P.. 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, Lenox Sharon E Smith, Nocair Bensalah, Ole Peter Lorentzen 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 Raymond James & Associates, Van ECK Associates Corp, Bank of New York Mellon Corp, Goldman Sachs Group Inc., State Street Corp, First Trust Advisors LP, Essex Investment Management Co. LLC and Geode Capital Management LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is Energy Recovery's stock price today?

One share of ERII stock can currently be purchased for approximately $10.90.

How big of a company is Energy Recovery?

Energy Recovery has a market capitalization of $600.81 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.View Additional Information About Energy Recovery.

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:  316 (Vote Outperform)
Underperform Votes:  406 (Vote Underperform)
Total Votes:  722
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 2/23/2020 by MarketBeat.com Staff

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