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Energy Recovery, Inc. (ERII)

NASDAQ: ERII · IEX Real-Time Price · USD
20.01
-0.13 (-0.65%)
After-hours:Sep 24, 2021 7:53 PM EDT
20.14
-0.37 (-1.80%)
At close: Sep 24, 4:00 PM
Market Cap1.15B
Revenue (ttm)103.38M
Net Income (ttm)16.78M
Shares Out57.25M
EPS (ttm)0.29
PE Ratio69.45
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume227,855
Open20.28
Previous Close20.51
Day's Range20.00 - 20.51
52-Week Range7.90 - 23.69
Beta1.22
AnalystsBuy
Price Target24.50 (+21.6%)
Est. Earnings DateNov 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. ...

IndustryMachinery
IPO DateJun 2, 2008
CEOYu Lang Mao
Employees216
Stock ExchangeNASDAQ
Ticker SymbolERII
Full Company Profile

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 Statements

Analyst 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.

Price Target
$24.50
(21.65% upside)
Analyst Consensus: Buy

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...

Other symbols:ARES
5 days ago - Accesswire

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...

1 week ago - Accesswire

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...

3 weeks ago - Accesswire

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.

3 weeks ago - Zacks Investment Research

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...

Other symbols:DCIHCCITTEK
1 month ago - Zacks Investment Research

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?

1 month ago - Zacks Investment Research

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...

1 month ago - Accesswire

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...

1 month ago - Accesswire

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...

2 months ago - Benzinga

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...

2 months ago - Accesswire

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...

2 months ago - Accesswire

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.

Other symbols:SLB
2 months ago - The Motley Fool

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...

3 months ago - Accesswire

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...

3 months ago - Accesswire

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...

4 months ago - Accesswire

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...

4 months ago - Accesswire

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.

5 months ago - Zacks Investment Research

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...

5 months ago - Zacks Investment Research

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...

5 months ago - Accesswire

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...

6 months ago - Accesswire

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?

6 months ago - Zacks Investment Research

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...

6 months ago - Accesswire

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...

6 months ago - Newsfile Corp

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.

6 months ago - Zacks Investment Research

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, ...

8 months ago - Accesswire