ERII - Energy Recovery, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
8.95
+0.47 (+5.54%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bullishpattern detected
Diamond Bottom

Diamond Bottom

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close8.48
Open8.76
Bid8.56 x 1800
Ask9.05 x 1300
Day's Range8.76 - 9.16
52 Week Range6.11 - 12.04
Volume385,552
Avg. Volume303,640
Market Cap497.892M
Beta (5Y Monthly)3.01
PE Ratio (TTM)59.67
EPS (TTM)0.15
Earnings DateApr 30, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est13.40
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
-31% Est. Return
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Thomson Reuters StreetEvents

    Edited Transcript of ERII earnings conference call or presentation 30-Apr-20 9:00pm GMT

    Q1 2020 Energy Recovery Inc Earnings Call

  • ACCESSWIRE

    Energy Recovery Names Robert Mao President and Chief Executive Officer

    Pamela Tondreau elected as Lead Independent Director SAN LEANDRO, CA / ACCESSWIRE / May 7, 2020 / Energy Recovery, Inc . (NASDAQ:ERII) today announced that its Board of Directors ("Board") has ...

  • Energy Recovery, Inc. Just Missed Earnings And Its EPS Looked Sad - But Analysts Have Updated Their Models
    Simply Wall St.

    Energy Recovery, Inc. Just Missed Earnings And Its EPS Looked Sad - But Analysts Have Updated Their Models

    It's been a good week for Energy Recovery, Inc. (NASDAQ:ERII) shareholders, because the company has just released its...

  • Energy Recovery (ERII) Q1 2020 Earnings Call Transcript
    Motley Fool

    Energy Recovery (ERII) Q1 2020 Earnings Call Transcript

    My name is Jim Siccardi, vice president of investor relations at Energy Recovery. During today's call, we may make projections and other forward-looking statements under the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995 regarding future events or the future financial performance of the company.

  • ACCESSWIRE

    Energy Recovery Reports First Quarter Financial Results

    SAN LEANDRO, CA / ACCESSWIRE / April 30, 2020 / Energy Recovery Inc. (NASDAQ:ERII) ("Energy Recovery," "we," "our," or the "Company"), a leader in pressure energy ...

  • ACCESSWIRE

    Energy Recovery Wins $2.5M of Chinese Industrial Water Projects

    The Company will supply PX® Pressure Exchanger® devices ("PX") and related equipment and services to multiple desalination facilities in China with a combined capacity of more than 140,000 cubic meters per day, or more than 37 million gallons per day. Once these facilities are in operation, our PXs are expected recycle hydraulic energy equivalent to over 120 gigawatt hours of energy annually, an amount associated with approximately 70,000 metric tons of carbon emissions.

  • ACCESSWIRE

    Energy Recovery Wins $8.3M of Egyptian Water Projects

    The desalination plants included in this award will have a collective capacity of 290,000 cubic meters per day. Once the plants are in operation, Energy Recovery's PX devices are expected to recycle hydraulic energy equivalent to over 300 gigawatt hours of energy annually, an amount associated with approximately 200,000 metric tons of carbon emissions.

  • What Is Energy Recovery's (NASDAQ:ERII) P/E Ratio After Its Share Price Tanked?
    Simply Wall St.

    What Is Energy Recovery's (NASDAQ:ERII) P/E Ratio After Its Share Price Tanked?

    Unfortunately for some shareholders, the Energy Recovery (NASDAQ:ERII) share price has dived 31% in the last thirty...

  • ACCESSWIRE

    Energy Recovery Announces Departure of VP, Oil & Gas, Appointment of New VorTeq(TM) Development Leader

    SAN LEANDRO, CA / ACCESSWIRE / March 19, 2020 / Energy Recovery, Inc. (ERII) today announced the departure of the company's Vice President of Oil & Gas, Eric Siebert. Ahmed Ghoneim, a seasoned oilfield services leader, will manage the VorTeq development team moving forward.

  • ACCESSWIRE

    Energy Recovery to Host First Quarter 2020 Financial Results Conference Call on April 30, 2020

    SAN LEANDRO, CA / ACCESSWIRE / March 17, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ended March 31, 2020 on Thursday, April ...

  • Thomson Reuters StreetEvents

    Edited Transcript of ERII earnings conference call or presentation 5-Mar-20 10:00pm GMT

    Q4 2019 Energy Recovery Inc Earnings Call

  • How Do Energy Recovery, Inc.’s (NASDAQ:ERII) Returns On Capital Compare To Peers?
    Simply Wall St.

    How Do Energy Recovery, Inc.’s (NASDAQ:ERII) Returns On Capital Compare To Peers?

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

  • ACCESSWIRE

    Energy Recovery Awarded $23.5M for Water Projects, Includes Contract for World's Largest Reverse Osmosis Desalination Facility

    SAN LEANDRO, CA / ACCESSWIRE / March 12, 2020 / Energy Recovery, Inc . (NASDAQ:ERII) today announced awards of USD $23.5M to supply its PX® Pressure Exchanger® devices ("PX") and related equipment ...

  • ACCESSWIRE

    Energy Recovery Reports Fourth Quarter and Fiscal Year End 2019 Financial Results

    SAN LEANDRO, CA / ACCESSWIRE / March 5, 2020 / Energy Recovery Inc. (Nasdaq:ERII) ("Energy Recovery," "we," "our," or the "Company"), a leader in pressure energy ...

  • ACCESSWIRE

    Energy Recovery, Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / March 5, 2020 / Energy Recovery, Inc. (ERII) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 5, 2020 at 5:00 PM Eastern ...

  • 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 ...