ERII - Energy Recovery, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
10.83
-0.07 (-0.64%)
At close: 4:00PM EST
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Previous Close10.90
Open10.86
Bid9.55 x 800
Ask11.00 x 900
Day's Range10.71 - 10.99
52 Week Range7.72 - 12.04
Volume121,004
Avg. Volume175,488
Market Cap596.902M
Beta (5Y Monthly)4.21
PE Ratio (TTM)43.32
EPS (TTM)0.25
Earnings DateMar 04, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est14.00
  • ACCESSWIRE

    Energy Recovery Promotes Two to Senior Vice President

    Rodney Clemente and Emily Smith named to senior leadership roles SAN LEANDRO, CA / ACCESSWIRE / February 10, 2020 / Energy Recovery, Inc . (NASDAQ:ERII) is pleased to announce the promotion of Rodney Clemente, ...

  • ACCESSWIRE

    Energy Recovery to Host Fourth Quarter and Fiscal Year 2019 Financial Results Conference Call on March 5, 2020

    SAN LEANDRO, CA / ACCESSWIRE / January 28, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ended December 31, 2019 on Thursday, ...

  • Why Energy Recovery, Inc.'s (NASDAQ:ERII) High P/E Ratio Isn't Necessarily A Bad Thing
    Simply Wall St.

    Why Energy Recovery, Inc.'s (NASDAQ:ERII) High P/E Ratio Isn't Necessarily A Bad Thing

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • These 3 Stocks Are Screaming Buys Right Now
    TipRanks

    These 3 Stocks Are Screaming Buys Right Now

    Investing, for most of us, is all about growth. Frankly, we want our money to grow and bring in strong returns, and so we look for stocks with the best prospects for such growth. These don’t have to be the stocks that have been picking up the most recommendations in recent weeks, or the stocks that have outperformed the market in the past six months – those are good signs to look for, but sometimes, you need to dig a little deeper to find the stocks that are just getting ready to take off.This is where TipRanks’ Stock Screener comes in. The screener is a versatile tool with an array of filters to search over 6,000 stocks on the public markets. With a bit of creativity, you can find buying prospects in most of the categories. Today, we’ve found three companies from the smaller end of the stock market, the micro, small, and mid-cap stocks that don’t get as much press or Wall Street attention. They all hold unanimous Strong Buy consensus ratings from the analysts, so they deserve a look.Asure Software, Inc. (ASUR)We’ll start in the tech industry, with a micro-cap software company. Asure provides resources and solutions for human capital management (HCM), today’s catch phrase for the old HR department. The company’s systems can perform payroll, track attendance and time, as well as monitor and manage recruitment efforts, employee benefits, and insurance services. Asure believes that a smoothly running workplace bureaucracy will translate into easier workdays and satisfied employees, for everyone’s benefit.Business software and management systems are a profitable niche – no company can do without it, and once a provider has positioned itself as indispensable to its clients, it has a path to success. Asure’s Q3 numbers, while somewhat mixed, show an overall picture of such growth.First, recurring revenues gained in Q3, and pushed total sales to $24.6 million, missing the estimates but beating the year-ago number by 4.7%. EPS, at 11 cents, beat the estimates, although it was down year-over-year. Margins slipped a little, but remained robust at almost 66%. Asure finished the quarter with almost $13 million in cash and cash equivalents. ASUR shares are up 57% in 2019, more than double the gains of the S&P 500 index.Lake Street analyst Eric Martinuzzi is suitably impressed ASUR’s performance. He wrote, earlier this month, “The company's recurring revenue is in excess of 90% of total revenue and the midpoint of its 2020 guidance anticipates $73M revenue and 15.7% adjusted EBITDA margin. [We view] Asure Software as an underappreciated turnaround story sustaining double-digit organic growth.” Backing up his upbeat review of the stock, Martinuzzi gives ASUR a Buy rating and a $12 price target, indicating room for a 50% upside. (To watch Martinuzzi’s track record, click here)ASUR’s Strong Buy consensus rating is based on 5 Buys set in the past two months. The fact that the Street sees this stock as primed for growth can be seen from the average price target, which at $11.80 suggests a 48% upside from the current share price of $8.00. (See Asure’s stock analysis at TipRanks) ViaSat, Inc. (VSAT)Software is great for on-site use, but the digital world requires secure communications. ViaSat is a mid-cap provider of secure networking systems and high-speed satellite broadband services. The company has clients in both the commercial and military markets. Based in Carlsbad, California, near San Diego, ViaSat has a market cap of $4.4 billion.Despite a slip in share price for the company in 2H19, the VSAT stock is still up 21% for the year. Its most recent earnings report, for fiscal Q2 2020, beat the forecasts for both revenues and earnings. The top line came in at $592.3 million, a solid number that beat the estimates by 4.2% and the year-ago figure by 14%. EPS did even better, showing a 5-cent profit where analysts had expected a 12-cent loss. It was the fourth quarter in a row that VSAT had beaten the estimates.5-star analyst Richard Valera, from Needham, wrote after the quarterly report, “VSAT reported strong F2Q20 results that exceeded our model across all metrics, aided by earlier than expected receipt of some Gov't business… A continued focus on adding fewer, higher-bandwidth plan retail subs and an improving mix of higher bandwidth service plans is driving … revenue growth on flattish net subs.” Valera kept his Buy rating on the stock, while setting a price target of $90 for a 26% upside. (To watch Valera’s track record, click here.)Also bullish on VSAT is J.P. Morgan analyst Philip Cusick. He gave the stock an upgrade, raising his view of it from Neutral to Buy on expectations that the shares will outperform the market in the coming months. Cusick also gave VSAT shares a 7% increase in the price target, to $90. (To watch Cusick’s track record, click here)VSAT picked up 3 Buy reviews after last month’s Q2 report, giving the stock its Strong Buy consensus rating. Shares are priced at $71.58, but the average target is $108, suggesting a robust 51% upside potential. (See ViaSat’s stock analysis at TipRanks) Energy Recovery, Inc. (ERII)This specialized industrial tech company focuses on energy recycling and efficiencies in fluid industries. That sounds like a mouthful, but it’s easily explained: ERII develops systems to improve high pressure pumps as well as to derive usable energy from differences in liquid pressures and compositions.OK, that’s still a mouthful. But what you need to know is that Energy Recovery fills a necessary niche in the seawater desalination and the oil and gas industries. The company’s products allow pumps and piping systems to run more efficiently. And that niche has pushed ERII stock to a 39% year-to-date gain.The stock has been volatile in 2H19 however, as the company has experienced serious churn in upper management. This was the second year in a row that ERII saw the CEO leave on short notice. It was no surprise, then, that ERII was expected to miss the forecasts on the Q3 earnings. The actual numbers told a different story, however, with stronger than anticipated results. EPS clobbered the forecast, coming in at 7 cents against the expected 2 cents, while the quarterly revenues of $24.9 million, showed year-over-year growth of 12%.Evercore analyst James West sees plenty of potential for ERII, despite the unfortunate management turnover. He notes that the company has plenty of projects to develop, writing, “ERII continues to strengthen its backlog of Water projects and sees additional opportunities in the pipeline that it invested into expanding its manufacturing capabilities. This backlog visibility also provided management with the confidence to give some rough revenue guidance for its Water segment for growth of at least 20-25% in 2020 and an additional 10-15% in 2021.” In line with his optimism on the stock, West gives ERII a Buy rating, and his $16 price target implies strong 71% upside growth in the coming year. (To watch West’s track record, click here)Overall, ERII shares have 4 recent Buy ratings to back the Strong Buy consensus view. The average price target of $14 suggests a premium of 50% from the current trading price of $9.35. (See Energy Recovery’s stock analysis at TipRanks)

  • Is Energy Recovery, Inc. (ERII) A Good Stock To Buy?
    Insider Monkey

    Is Energy Recovery, Inc. (ERII) A Good Stock To Buy?

    How do we determine whether Energy Recovery, Inc. (NASDAQ:ERII) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data shows […]

  • Did Energy Recovery's (NASDAQ:ERII) Share Price Deserve to Gain 86%?
    Simply Wall St.

    Did Energy Recovery's (NASDAQ:ERII) Share Price Deserve to Gain 86%?

    Energy Recovery, Inc. (NASDAQ:ERII) shareholders might be concerned after seeing the share price drop 13% in the last...

  • ACCESSWIRE

    Energy Recovery Wins $16.6 Million of Water Awards, Including First Mega-Project Thermal Desalination Conversion Award

    SAN LEANDRO, CA / ACCESSWIRE / December 5, 2019 / Energy Recovery, Inc . (NASDAQ:ERII) today announced total awards of $16.6 million (USD) to supply PX ® Pressure Exchangers ® (PX) and related equipment ...

  • Thomson Reuters StreetEvents

    Edited Transcript of ERII earnings conference call or presentation 31-Oct-19 9:00pm GMT

    Q3 2019 Energy Recovery Inc Earnings Call

  • Bright Near-Term Outlook for Pollution Control Industry
    Zacks

    Bright Near-Term Outlook for Pollution Control Industry

    Bright Near-Term Outlook for Pollution Control Industry

  • ACCESSWIRE

    Energy Recovery Announces Leadership Transition

    SAN LEANDRO, CA / ACCESSWIRE / November 4, 2019 / Energy Recovery, Inc. (NASDAQ:ERII) announced today the resignation of Chris Gannon as the Company's President and Chief Executive Officer and as a member ...

  • Energy Recovery (ERII) Surpasses Q3 Earnings and Revenue Estimates
    Zacks

    Energy Recovery (ERII) Surpasses Q3 Earnings and Revenue Estimates

    Energy Recovery (ERII) delivered earnings and revenue surprises of 250.00% and 5.54%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • ACCESSWIRE

    Energy Recovery Reports Third Quarter 2019 Financial Results

    SAN LEANDRO, CA / ACCESSWIRE / October 31, 2019 / Energy Recovery Inc. (Nasdaq:ERII) ("Energy Recovery" or the "Company"), the leader in pressure energy technology for industrial fluid ...

  • Zacks

    Small Step Back Ahead of Fed, Apple

    Small Step Back Ahead of Fed, Apple

  • Will Energy Recovery (ERII) Beat Estimates Again in Its Next Earnings Report?
    Zacks

    Will Energy Recovery (ERII) Beat Estimates Again in Its Next Earnings Report?

    Energy Recovery (ERII) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • Earnings Preview: Energy Recovery (ERII) Q3 Earnings Expected to Decline
    Zacks

    Earnings Preview: Energy Recovery (ERII) Q3 Earnings Expected to Decline

    Energy Recovery (ERII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • ACCESSWIRE

    Energy Recovery Awarded $12.2 Million for Water Projects, Includes Facility to Support World Cup

    SAN LEANDRO, CA / ACCESSWIRE / October 17, 2019 / Energy Recovery, Inc . (NASDAQ:ERII) today announced it will supply its PX ® Pressure Exchanger ® devices, along with related equipment and services, to ...

  • ACCESSWIRE

    Energy Recovery to Host Third Quarter 2019 Financial Results Conference Call on October 31, 2019

    SAN LEANDRO, CA / ACCESSWIRE / October 1, 2019 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ended September 30, 2019 on Thursday, ...

  • Why You Should Care About Energy Recovery, Inc.’s (NASDAQ:ERII) Low Return On Capital
    Simply Wall St.

    Why You Should Care About Energy Recovery, Inc.’s (NASDAQ:ERII) Low Return On Capital

    Today we'll evaluate Energy Recovery, Inc. (NASDAQ:ERII) to determine whether it could have potential as an investment...

  • ACCESSWIRE

    Energy Recovery Awarded $6 Million for Water Projects in the Middle East

    "Water scarcity is undeniable as the need for potable water continues to increase throughout the Middle East and the rest of the world. Desalination offers an established and reliable solution to help meet these water demands," said Energy Recovery President and CEO Chris Gannon. "Through the operational cost savings and efficiency measures delivered by our technology, we enable communities to access clean water that could otherwise be out of reach.

  • ACCESSWIRE

    Energy Recovery Announces Filing of Registration Statement

    Once the Shelf is declared effective, the Company may from time to time offer up to $250 million of securities, which may include common stock, preferred stock, debt securities, warrants, purchase contracts, rights, units, or any combination of the above. The specific terms of any potential future offerings, if any, along with the intended use of proceeds of any such securities, will be described in detail in a prospectus supplement at the time of any such offering.

  • Energy Recovery, Inc. (NASDAQ:ERII) Delivered A Weaker ROE Than Its Industry
    Simply Wall St.

    Energy Recovery, Inc. (NASDAQ:ERII) Delivered A Weaker ROE Than Its Industry

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • Tetra Tech (TTEK) Surges 54% YTD: What's Driving the Stock?
    Zacks

    Tetra Tech (TTEK) Surges 54% YTD: What's Driving the Stock?

    Tetra Tech (TTEK) surges year to date, outperforming industry, sector and S&P 500. Acquired assets, shareholder-friendly policies and contract wins are aiding its share price rally.

  • Thomson Reuters StreetEvents

    Edited Transcript of ERII earnings conference call or presentation 1-Aug-19 9:00pm GMT

    Q2 2019 Energy Recovery Inc Earnings Call

  • Zacks

    No Follow Through as Trade, Bond Yield Concerns Return

    No Follow Through as Trade, Bond Yield Concerns Return

  • Energy Recovery (ERII) Q2 2019 Earnings Call Transcript
    Motley Fool

    Energy Recovery (ERII) Q2 2019 Earnings Call Transcript

    ERII earnings call for the period ending June 30, 2019.