Energy Recovery, Inc. (ERII)
| Market Cap | 1.15B |
| Revenue (ttm) | 103.38M |
| Net Income (ttm) | 16.78M |
| Shares Out | 57.25M |
| EPS (ttm) | 0.29 |
| PE Ratio | 69.45 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 227,855 |
| Open | 20.28 |
| Previous Close | 20.51 |
| Day's Range | 20.00 - 20.51 |
| 52-Week Range | 7.90 - 23.69 |
| Beta | 1.22 |
| Analysts | Buy |
| Price Target | 24.50 (+21.6%) |
| Est. Earnings Date | Nov 4, 2021 |
About ERII
Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells various solutions for industrial fluid-flow markets worldwide. The company operates through Water, and Oil & Gas segments. It designs, engineers, manufactures, and supplies various energy recovery devices (ERDs), including positive displacement isobaric ERDs and centrifugal-type ERDs, such as our hydraulic turbochargers; and high-pressure feed and circulation pumps. The company also provides spare parts, as well as repair, field, and commissioning services. ...
Financial Performance
In 2020, ERII's revenue was $118.99 million, an increase of 36.86% compared to the previous year's $86.94 million. Earnings were $26.39 million, an increase of 141.79%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for ERII stock is "Buy." The 12-month stock price forecast is 24.50, which is an increase of 21.65% from the latest price.
News
Lisa Pollina Joins Energy Recovery Board of Directors
SAN LEANDRO, CA / ACCESSWIRE / September 20, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced the appointment of Lisa Pollina to its Board of Directors. "Ms. Pollina's deep expertise in bankin...
Energy Recovery to Host Third Quarter 2021 Financial Results Conference Call on November 4, 2021
SAN LEANDRO, CA / ACCESSWIRE / September 14, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending September 30, 2021, on Novem...
Energy Recovery Publishes Second Annual Environmental, Social and Governance Report; Announces ESG Webinar with Compa...
SAN LEANDRO, CA / ACCESSWIRE / September 1, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced the release of its second annual Environmental, Social and Governance (ESG) Report. The report deta...
Energy Recovery (ERII) Sees Hammer Chart Pattern: Time to Buy?
Energy Recovery (ERII) has been struggling lately, but the selling pressure may be coming to an end soon.
4 Pollution Control Stocks With Solid Earnings Growth Potential
Increased adoption of air pollution control equipment and services and environmental management programs are driving the pollution control industry. DCI, TTEK, ERII & HCCI are the likely winners from th...
Energy Recovery (ERII) Q2 Earnings and Revenues Surpass Estimates
Energy Recovery (ERII) delivered earnings and revenue surprises of 300.00% and 4.08%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Energy Recovery Posts Strong Quarterly Product Revenue Growth in Second Quarter
SAN LEANDRO, CA / ACCESSWIRE / August 5, 2021 / Energy Recovery, Inc. (Nasdaq: ERII) today announced its financial results for the second quarter ended June 30, 2021, achieving seven percent growth in p...
Energy Recovery Wins Additional Awards to Boost Sustainability of Chinese Industrial Wastewater Treatment Facilities
SAN LEANDRO, CA / ACCESSWIRE / August 3, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced new awards to support the industrial wastewater treatment operations of lithium-ion battery manufactur...
Energy Recovery Bags Project Awards Worth $6M In Asia
Energy Recovery, Inc. (NASDAQ: ERII) has received contract awards totaling over $6 million for its PX Pressure Exchanger (PX) energy recovery devices, and related equipment and services to multiple seaw...
Energy Recovery Announces Project Awards in Asia Totaling Over $6 Million
SAN LEANDRO, CA / ACCESSWIRE / July 22, 2021 / Energy Recovery (NASDAQ:ERII) today announced contract awards totaling over $6 million for its PX® Pressure Exchanger® (PX) energy recovery devices and rel...
Energy Recovery to Host Second Quarter 2021 Financial Results Conference Call
SAN LEANDRO, CA / ACCESSWIRE / June 29, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending June 30, 2021, on Aug 5, 2021 aft...
Climate Change Stock to Consider Buying: Energy Recovery
This desalination stock has a long runway for growth in this era of megadroughts and water scarcity.
Energy Recovery Awarded $13.8 Million Contract with Planned Largest SWRO Plant in Israel
SAN LEANDRO, CA / ACCESSWIRE / June 8, 2021 / Energy Recovery (NASDAQ:ERII) today announced contract awards totaling over $13.8 million for its PX® Pressure Exchanger® (PX) energy recovery devices and P...
Energy Recovery Announces 2021 Annual Meeting of Stockholders
SAN LEANDRO, CA / ACCESSWIRE / May 27, 2021 / Energy Recovery (NASDAQ:ERII) today announced that its 2021 Annual Meeting of Stockholders ("Annual Meeting") will take place on Thursday, June 10, 2021, at...
Energy Recovery's Inaugural ESG Report Shortlisted for CRRA's Best 1st Time Sustainability Report
SAN LEANDRO, CA / ACCESSWIRE / May 13, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced its inaugural Environmental, Social and Governance ("ESG") report has been shortlisted for Best 1st Time...
Energy Recovery Sets Product Revenue Record in the First Quarter
SAN LEANDRO, CA / ACCESSWIRE / May 6, 2021 / Energy Recovery, Inc. (Nasdaq:ERII) today announced its financial results for the first quarter ended March 31, 2021. The Company posted record-high quarterl...
Energy Recovery (ERII) Earnings Expected to Grow: Should You Buy?
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.
Energy Recovery (ERII) Surges 14.4%: Is This an Indication of Further Gains?
Energy Recovery (ERII) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down t...
Energy Recovery to Host First Quarter 2021 Financial Results Conference Call on May 6, 2021
SAN LEANDRO, CA / ACCESSWIRE / April 15, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ended March 31, 2021, on May 6, 2021 af...
Energy Recovery Announces Project Awards in the United Arab Emirates Totaling $11.7 Million
SAN LEANDRO, CA / ACCESSWIRE / March 18, 2021 / Energy Recovery (NASDAQ:ERII) today announced contract awards totaling $11.7 million to provide its flagship PX® Pressure Exchanger® ("PX") energy recover...
Energy Recovery (ERII) Q4 Earnings and Revenues Beat Estimates
Energy Recovery (ERII) delivered earnings and revenue surprises of 20.00% and 5.20%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Energy Recovery Reports Product Revenue Growth of 26% for Fiscal Year 2020
$50 Million Share Buyback Program Announced SAN LEANDRO, CA / ACCESSWIRE / March 11, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced its financial results for the fourth quarter and fiscal ye...
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fi...
New York, New York--(Newsfile Corp. - March 5, 2021) - Levi & Korsinsky announces it has commenced an investigation of Energy Recovery, Inc. (NASDAQ: ERII) concerning possible breaches of fiduciary duty...
Energy Recovery (ERII) Reports Next Week: Wall Street Expects Earnings Growth
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.
Energy Recovery to Host Fourth Quarter and Fiscal Year 2020 Financial Results Conference Call on March 11, 2021
SAN LEANDRO, CA / ACCESSWIRE / January 15, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ended December 31, 2020 on Thursday, ...