Energy Recovery, Inc. (ERII)

NASDAQ: ERII · IEX Real-Time Price · USD
21.90
+0.03 (0.14%)
Mar 29, 2023, 4:00 PM EDT - Market closed
0.14%
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... [Read more]

Sector Industrials
IPO Date Jun 2, 2008
Employees 222
Stock Exchange NASDAQ
Ticker Symbol ERII
Full Company Profile

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%.

Financial Statements

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
Stock Forecasts

News

New Strong Buy Stocks for February 23rd (Revised)

TT, HSIC, SONY, LYV and ERII have been added to the Zacks Rank #1 (Strong Buy) List on February 23, 2023

Other symbols: HSICLYVSONYTT
1 month ago - Zacks Investment Research

3 Top Pollution Control Stocks to Gain From the Buoyancy in the Industry

Amid strict government actions on pollution control, strong demand for pollution abatement products favors the Zacks Pollution Control industry's near-term outlook. TTEK, ERII and VTNR are poised to c...

Other symbols: TTEKVTNR
1 month ago - Zacks Investment Research

Energy Recovery's PX G1300 Technology Unveiled as Key Component in Epta Group's Next-Generation CO2 Refrigeration System

SAN LEANDRO, CA / ACCESSWIRE / February 27, 2023 / Energy Recovery, Inc.® (NASDAQ:ERII) today announced its PX G1300™ energy recovery device is a featured component in Epta Group (Epta)'s next-generat...

1 month ago - Accesswire

New Strong Buy Stocks for February 23rd

TT, HSIC, SONY, LYV and ERII have been added to the Zacks Rank #1 (Strong Buy) List on February 23, 2023.

Other symbols: HSICLYVSONYTT
1 month ago - Zacks Investment Research

Energy Recovery (ERII) Beats Q4 Earnings and Revenue Estimates

Energy Recovery (ERII) delivered earnings and revenue surprises of 52.94% and 3.29%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Energy Recovery Announces PX G1300 Exclusive Distribution Agreement for the Benelux Region with European Refrigeration Company Fieuw Koeltechniek

Signing Celebration to be Held at EuroShop 2023 Trade Fair SAN LEANDRO, CA and ROESELARE, BELGIUM / ACCESSWIRE / February 22, 2023 / Energy Recovery, Inc.® (NASDAQ:ERII) today announced the appointmen...

1 month ago - Accesswire

Energy Recovery Reports Record Q4 Revenue, 75% Annual Earnings Per Share Growth

SAN LEANDRO, CA / ACCESSWIRE / February 22, 2023 / Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the fourth quarter ended December ...

1 month ago - Accesswire

7 Overlooked Stocks That Could be the Next Big Thing

While the equities sector still trends in a recovery mode from last year's fallout, investors may want to spare some speculation funds toward overlooked stocks to buy. These enterprises might not get ...

Other symbols: ACDNNGWRSIMAXSBSWSMR
1 month ago - InvestorPlace

Energy Recovery Receives SWRO Contracts Totaling Over $9 Million in Asia

SAN LEANDRO, CA / ACCESSWIRE / February 16, 2023 / Energy Recovery, Inc.® (NASDAQ:ERII) today announced a set of contracts totaling over $9 million to supply its PX® Pressure Exchanger® energy recover...

1 month ago - Accesswire

Energy Recovery to Host Full Year and Fourth Quarter 2022 Financial Results Conference Call on February 22, 2023

SAN LEANDRO, CA / ACCESSWIRE / January 23, 2023 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the year and quarterly period ending December 31, 2022, ...

2 months ago - Accesswire

Energy Recovery (ERII) Q3 Earnings Match Estimates

Energy Recovery (ERII) delivered earnings and revenue surprises of 0% and 10.41%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Energy Recovery Reports 47% Quarterly Product Revenue Growth in Third Quarter

SAN LEANDRO, CA / ACCESSWIRE / November 2, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the third quarter ended September 3...

5 months ago - Accesswire

Energy Recovery to Host Third Quarter 2022 Financial Results Conference Call on November 2, 2022

SAN LEANDRO, CA / ACCESSWIRE / October 4, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending September 30, 2022, and host ...

6 months ago - Accesswire

Energy Recovery's ESG Report Showcases Products to Drive Decarbonization in Critical Industries at Lower Cost

Highlights: Energy Recovery's newly released ESG report discloses nearly $4 billion saved in energy costs and 14.5 million metric tons of emissions avoided annually for its customers. The company's pr...

7 months ago - Accesswire

Energy Recovery Awarded Over $12.6M in SWRO Contracts in North Africa

SAN LEANDRO, CA / ACCESSWIRE / September 1, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced a slate of contract awards totaling more than $12.6 million to supply its PX® Pressure Exchanger®...

7 months ago - Accesswire

Will Energy Recovery (ERII) Gain on Rising Earnings Estimates?

Energy Recovery (ERII) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

7 months ago - Zacks Investment Research

4 Top Stocks From the Thriving Pollution Control Industry

Strong demand for emission-abatement products, owing to growing industrialization, bodes well for the Zacks Pollution Control industry's near-term performance. CWST, ERII, HCCI and CECE are poised to ...

Other symbols: CWSTHCCI
7 months ago - Zacks Investment Research

Here's Why Energy Recovery (ERII) is a Great Momentum Stock to Buy

Does Energy Recovery (ERII) have what it takes to be a top stock pick for momentum investors? Let's find out.

8 months ago - Zacks Investment Research

What Makes Energy Recovery (ERII) a New Buy Stock

Energy Recovery (ERII) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

8 months ago - Zacks Investment Research

Energy Recovery (ERII) Reports Break-Even Earnings for Q2

Energy Recovery (ERII) delivered earnings and revenue surprises of 100% and 24.84%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Energy Recovery Announces Second Quarter 2022 Financial Results and Commissioning of the First PX G1300(TM) for CO2 Refrigeration

SAN LEANDRO, CA / ACCESSWIRE / August 3, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the second quarter ended June 30, 202...

8 months ago - Accesswire

Earnings Preview: Energy Recovery (ERII) Q2 Earnings Expected to Decline

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.

8 months ago - Zacks Investment Research

Energy Recovery Announces Second Quarter 2022 Financial Results Conference Call

SAN LEANDRO, CA / ACCESSWIRE / July 11, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending June 30, 2022, and host a confe...

9 months ago - Accesswire

Energy Recovery Awarded Over $8.2 Million in SWRO Contracts in Asia

SAN LEANDRO, CA / ACCESSWIRE / June 14, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced three contract awards totaling over $8.2 million to supply its PX® Pressure Exchanger® energy recover...

10 months ago - Accesswire

Has Energy Recovery (ERII) Outpaced Other Industrial Products Stocks This Year?

Here is how Energy Recovery (ERII) and Mitsui & Co. (MITSY) have performed compared to their sector so far this year.

10 months ago - Zacks Investment Research