Energy Recovery, Inc. (ERII)

NASDAQ: ERII · Real-Time Price · USD
16.59
-0.24 (-1.43%)
Mar 25, 2025, 4:00 PM EST - Market closed
-1.43%
Market Cap 911.71M
Revenue (ttm) 144.95M
Net Income (ttm) 23.05M
Shares Out 54.96M
EPS (ttm) 0.40
PE Ratio 41.48
Forward PE 23.15
Dividend n/a
Ex-Dividend Date n/a
Volume 348,461
Open 16.60
Previous Close 16.83
Day's Range 16.40 - 16.78
52-Week Range 12.26 - 20.27
Beta 1.21
Analysts Strong Buy
Price Target 20.75 (+25.08%)
Earnings Date Apr 30, 2025

About ERII

Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells energy efficiency technology solutions in the United States, North, South and Latin America, the Middle East, Northern Africa, Asia, and Europe. It operates through Water and Emerging Technologies segments. The company offers high and low pressure, and ultra high-pressure exchangers; AT and LPT hydraulic turbochargers; and high-pressure feed and circulation pumps for use in water treatment industries, including seawater and brackish desalination, and wastewa... [Read more]

Sector Industrials
IPO Date Jun 2, 2008
Employees 254
Stock Exchange NASDAQ
Ticker Symbol ERII
Full Company Profile

Financial Performance

In 2024, Energy Recovery's revenue was $144.95 million, an increase of 12.93% compared to the previous year's $128.35 million. Earnings were $23.05 million, an increase of 7.19%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for ERII stock is "Strong Buy." The 12-month stock price forecast is $20.75, which is an increase of 25.08% from the latest price.

Price Target
$20.75
(25.08% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Top 2 Industrials Stocks That May Collapse In March

As of March 12, 2025, two stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: ATRO
13 days ago - Benzinga

Energy Recovery Growth Pipeline Advances Slowly, Warrants A Small Position

Energy Recovery, Inc. presents an attractive opportunity for a small initial position based on adjusted earnings yield versus growth perspectives and execution risk. ERII met full-year guidance with s...

25 days ago - Seeking Alpha

Energy Recovery, Inc. (ERII) Q4 2024 Earnings Call Transcript

Energy Recovery, Inc. (NASDAQ:ERII) Q4 2024 Earnings Call February 26, 2025 5:00 PM ET Company Participants David Moon - President and Chief Executive Officer Mike Mancini - Chief Financial Officer C...

26 days ago - Seeking Alpha

Energy Recovery Reports its Fourth Quarter 2024 Financial Results

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq:ERII) (“Energy Recovery” or the “Company”) today announced its financial results for the fourth quarter and year ended December 31, ...

27 days ago - Business Wire

Energy Recovery Announces New Share Repurchase Program

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced its Board of Directors approved a share repurchase program to purchase up to $30 million of the company's out...

27 days ago - Business Wire

Energy Recovery Appoints New CTO and VP, Wastewater

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced the appointment of a new Chief Technology Officer and Vice President, Wastewater. Ram Ramanan will become CTO...

27 days ago - Business Wire

Energy Recovery: Riding Megatrends With Lowered Ambitions

Energy Recovery leverages population growth, water scarcity, and environmental protection trends, with a strong market position in desalination and emerging opportunities in CO2 refrigeration and wast...

6 weeks ago - Seeking Alpha

Energy Recovery to Release Fourth Quarter and Full Year 2024 Financial Results

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (NASDAQ: ERII or the Company) announced today it will release its financial results for the quarterly period and full year ending December 3...

7 weeks ago - Business Wire

Energy Recovery to Release Fourth Quarter and Full Year 2024 Financial Results and Announces an Investor Webinar

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (NASDAQ: ERII or the Company) announced today it will release its financial results for the quarterly period and full year ending December 3...

7 weeks ago - Business Wire

USA Rare Earth Appoints Joshua Ballard as Chief Executive Officer

NEW YORK, Dec. 17, 2024 (GLOBE NEWSWIRE) -- USA Rare Earth, LLC (“USARE” or the “Company”), announced today that Joshua Ballard has been named Chief Executive Officer effective December 17, 2024. USAR...

3 months ago - GlobeNewsWire

Energy Recovery Wins “Breakthrough Innovation Award” at IDRA World Congress

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--At the 2024 IDRA World Congress show this week, Energy Recovery, Inc. (Nasdaq: ERII) was honored with The Breakthrough Innovation Award for Most Innov...

3 months ago - Business Wire

Energy Recovery Announces Share Repurchase Program

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced that its Board of Directors approved a share repurchase program to purchase up to $50 million of the company'...

4 months ago - Business Wire

Energy Recovery Ventilator Market Size to Reach US$ 10.73 Billion by 2032, Driven by Increasing Awareness of Indoor Air Quality & The Need for Energy-Efficient Ventilation Solutions | Research by S&S Insider

Rising urbanization and stricter building codes are pushing commercial and residential sectors to adopt ERVs, as these systems effectively balance indoor temperature and humidity while reducing the lo...

4 months ago - GlobeNewsWire

Energy Recovery Delivered In Q3 But Faces A Challenging Q4, Still A Hold

Energy Recovery reported Q3 2024 results with much better performance in delivering products to their mega-projects and recording revenues. Still, about 50% of yearly revenue has to be delivered in Q4...

5 months ago - Seeking Alpha

Energy Recovery, Inc. (ERII) Q3 2024 Earnings Call Transcript

Energy Recovery, Inc. (NASDAQ:ERII) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Lionel McBee - Director, Investor Relations David Moon - President and Chief Exec...

5 months ago - Seeking Alpha

Energy Recovery Reports its Third Quarter 2024 Financial Results

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq:ERII) (“Energy Recovery” or the “Company”) today announced its financial results for the third quarter and nine months ended Septemb...

5 months ago - Business Wire

Energy Recovery Showcases Exceptional Performance of PX G1300 in Commercial CO2 Refrigeration Installations

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced new performance data for the PX G1300® pressure exchanger. The findings demonstrate its successful integratio...

5 months ago - Business Wire

Join Energy Recovery's Live Investor Webinar and Q&A Session on November 18, 2024

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (NASDAQ: ERII) (Energy Recovery or the Company) will host an investor webinar to present its strategic vision with senior management on Nove...

5 months ago - Business Wire

Energy Recovery Awarded More Than $12 Million in Desalination Contracts in the United Arab Emirates

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery (NASDAQ: ERII) today announced contract awards totaling over $12 million for its PX® Pressure Exchanger® (PX) energy recovery devices for three se...

5 months ago - Business Wire

Energy Recovery Ventilators Market Projected to Hit USD 9.8 billion at a 14.3% CAGR by 2031 - Transparency Market Research Inc.

Wilmington, Delaware, United States, Transparency Market Research Inc. - Wilmington, Delaware, United States, Transparency Market Research Inc. -

5 months ago - GlobeNewsWire

Energy Recovery to Release Third Quarter 2024 Financial Results and Announces an Investor Webinar

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc.(NASDAQ: ERII or the Company) announced today it will release its financial results for the quarterly period ending September 30, 2024, and w...

6 months ago - Business Wire

Energy Recovery Signs $27.5 Million in Desalination Contracts in Morocco

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced the company has signed contracts to supply its PX® Pressure Exchanger® to seawater reverse osmosis (SWRO) des...

7 months ago - Business Wire

Energy Recovery, Inc. (ERII) Q2 2024 Earnings Call Transcript

Energy Recovery, Inc. (NASDAQ:ERII) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants James Siccardi - VP, Investor Relations David Moon - President & CEO Conference Call...

8 months ago - Seeking Alpha

Energy Recovery Reports Its Second Quarter 2024 Financial Results

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq:ERII) (“Energy Recovery” or the “Company”) today announced its financial results for the second quarter and six months ended June 30...

8 months ago - Business Wire

Energy Recovery Appoints Mike Mancini as Chief Financial Officer

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced the appointment of Michael (Mike) Mancini as Chief Financial Officer (CFO). He will join Energy Recovery on A...

8 months ago - Business Wire