Energy Recovery, Inc. (ERII)

Market Cap	1.23B
Revenue (ttm)	125.59M
Net Income (ttm)	24.05M
Shares Out	56.28M
EPS (ttm)	0.42
PE Ratio	52.14
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	163,548
Open	22.07
Previous Close	21.87
Day's Range	21.72 - 22.27
52-Week Range	16.92 - 26.34
Beta	1.16
Analysts	Buy
Price Target	25.25 (+15.3%)
Earnings Date	May 3, 2023

About ERII

Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells various solutions for the seawater reverse osmosis desalination and industrial wastewater treatment industries worldwide. The company operates through Water and Emerging Technologies segments. It offers a suite of products, including energy recovery devices, and high-pressure feed and recirculation pumps; hydraulic turbochargers and boosters; and spare parts, as well as repair, field, and commissioning services. The company also offers a solution to reduce e...

• Industry: Pollution & Treatment Controls
• Sector: Industrials
• IPO Date: Jun 2, 2008
• Employees: 222
• Stock Exchange: NASDAQ
• Ticker Symbol: ERII

Financial Performance

In 2022, ERII's revenue was $125.59 million, an increase of 20.87% compared to the previous year's $103.90 million. Earnings were $24.05 million, an increase of 68.54%.

Analyst Forecast

According to 10 analysts, the average rating for ERII stock is "Buy." The 12-month stock price forecast is $25.25, which is an increase of 15.30% from the latest price.

Price Target

$25.25

(15.30% upside)

Analyst Consensus: Buy