Energy Recovery, Inc. (ERII)

Market Cap	790.25M
Revenue (ttm)	128.35M
Net Income (ttm)	21.50M
Shares Out	57.08M
EPS (ttm)	0.37
PE Ratio	37.28
Forward PE	35.59
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,912
Open	13.70
Previous Close	13.98
Day's Range	13.71 - 13.80
52-Week Range	13.41 - 30.76
Beta	1.26
Analysts	Strong Buy
Price Target	24.00 (+73.98%)
Earnings Date	May 1, 2024

About ERII

Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells energy efficiency technology solutions in the Americas, the Middle East, Africa, Asia, and Europe. The company operates through Water and Emerging Technologies segments. The company offers high and low pressure, and ultra pressure exchangers; AT and LPT hydraulic turbochargers; and high-pressure feed and circulation booster pumps for use in seawater and brackish desalination, and wastewater treatment. It also provides PX G1300, which reduces energy consumpti...

• Industry: Pollution & Treatment Controls
• Sector: Industrials
• IPO Date: Jun 2, 2008
• Employees: 269
• Stock Exchange: NASDAQ
• Ticker Symbol: ERII

Financial Performance

In 2023, ERII's revenue was $128.35 million, an increase of 2.20% compared to the previous year's $125.59 million. Earnings were $21.50 million, a decrease of -10.58%.

Analyst Forecast

According to 3 analysts, the average rating for ERII stock is "Strong Buy." The 12-month stock price forecast is $24.0, which is an increase of 73.98% from the latest price.

Price Target

$24.0

(73.98% upside)

Analyst Consensus: Strong Buy