Energy Recovery, Inc. (ERII)

Market Cap	897.36M
Revenue (ttm)	135.06M
Net Income (ttm)	19.38M
Shares Out	57.89M
EPS (ttm)	0.33
PE Ratio	46.75
Forward PE	22.04
Dividend	n/a
Ex-Dividend Date	n/a

Volume	687,612
Open	15.27
Previous Close	15.35
Day's Range	14.96 - 15.69
52-Week Range	12.26 - 20.27
Beta	1.23
Analysts	Strong Buy
Price Target	20.33 (+31.16%)
Earnings Date	Oct 30, 2024

About ERII

Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells energy efficiency technology solutions in the Americas, the Middle East, Africa, Asia, and Europe. The company operates through Water and Emerging Technologies segments. The company offers high and low pressure, and ultra pressure exchangers; AT and LPT hydraulic turbochargers; and high-pressure feed and circulation booster pumps for use in seawater and brackish desalination, and wastewater treatment. It also provides PX G1300, which reduces energy consumpti...

• Industry: Pollution & Treatment Controls
• Sector: Industrials
• IPO Date: Jun 2, 2008
• Employees: 269
• Stock Exchange: NASDAQ
• Ticker Symbol: ERII
• Website: https://www.energyrecovery.com

Financial Performance

In 2023, Energy Recovery's revenue was $128.35 million, an increase of 2.20% compared to the previous year's $125.59 million. Earnings were $21.50 million, a decrease of -10.58%.

Analyst Forecast

According to 3 analysts, the average rating for ERII stock is "Strong Buy." The 12-month stock price forecast is $20.33, which is an increase of 31.16% from the latest price.

Price Target

$20.33

(31.16% upside)

Analyst Consensus: Strong Buy