Energy Recovery, Inc. (ERII)

NASDAQ: ERII · IEX Real-Time Price · USD
19.01
-0.22 (-1.14%)
Jun 29, 2022 10:54 AM EDT - Market open
-1.14%
Market Cap 1.08B
Revenue (ttm) 107.51M
Net Income (ttm) 15.30M
Shares Out 56.56M
EPS (ttm) 0.26
PE Ratio 73.40
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 36,168
Open 19.34
Previous Close 19.23
Day's Range 18.90 - 19.84
52-Week Range 16.92 - 24.99
Beta 1.25
Analysts Buy
Price Target 27.03 (+42.2%)
Earnings Date Aug 4, 2022

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...]

Industry Machinery
IPO Date Jun 2, 2008
CEO Yu Lang Mao
Employees 222
Stock Exchange NASDAQ
Ticker Symbol ERII
Full Company Profile

Financial Performance

In 2021, ERII's revenue was $103.90 million, a decrease of -12.68% compared to the previous year's $118.99 million. Earnings were $14.27 million, a decrease of -45.92%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for ERII stock is "Buy." The 12-month stock price forecast is 27.03, which is an increase of 42.19% from the latest price.

Price Target
$27.03
(42.19% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 recovery ...

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.

Energy Recovery (ERII) Tops Q1 Earnings and Revenue Estimates

Energy Recovery (ERII) delivered earnings and revenue surprises of 220% and 25.18%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Energy Recovery Achieves Record-Breaking First Quarter 2022 Revenue

SAN LEANDRO, CA / ACCESSWIRE / May 4, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the first quarter ended March 31, 2022. Ne...

4 Pollution Control Stocks to Watch Amid Industry Challenges

Despite the high adoption of air pollution control equipment and pollution-related health concerns, rising preference for alternative fuels and high innovation costs restrict the Zacks Pollution Control...

Other symbols: DCIHCCITTEK

Energy Recovery to Host First Quarter 2022 Financial Results Conference Call on May 4, 2022

SAN LEANDRO, CA / ACCESSWIRE / April 8, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending March 31, 2022, on May 4, 2022 af...

Energy Recovery Awarded SWRO Contracts Totaling Over $20 Million in the Gulf Region

SAN LEANDRO, CA / ACCESSWIRE / April 7, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced multiple contract awards in the Gulf region totaling over $20 million for its PX® Pressure Exchanger® e...

Energy Recovery Achieves Record-Breaking Fourth Quarter and Fiscal Year 2021 Product Revenue

SAN LEANDRO, CA / ACCESSWIRE / February 24, 2022 / Energy Recovery, Inc. (Nasdaq:ERII) today announced its financial results for the fourth quarter and fiscal year ended December 31, 2021. The Company a...

Energy Recovery Receives Industrial Wastewater Treatment Contracts Totaling $885K in New Market Verticals in Asia

SAN LEANDRO, CA / ACCESSWIRE / February 17, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced two awards to supply its PX® Pressure Exchanger® (PX) energy recovery devices and an array of pumps...

Energy Recovery to Host Year End and Fourth Quarter 2021 Financial Results Conference Call

SAN LEANDRO, CA / ACCESSWIRE / January 25, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the year and quarterly period ending December 31, 2021, on...

Energy Recovery Secures $25M In Contracts With SWRO Plants In Saudi Arabia

Energy Recovery, Inc. (NASDAQ: ERII) has received contract awards totaling ~$25 million for its PX Pressure Exchanger energy recovery devices for desalination plants in the Kingdom of Saudi Arabia. The ...

Energy Recovery Awarded Nearly $25 Million in Contracts with SWRO Plants in Kingdom of Saudi Arabia

SAN LEANDRO, CA / ACCESSWIRE / January 19, 2022 / Energy Recovery (NASDAQ:ERII) today announced contract awards totaling nearly $25 million for its PX® Pressure Exchanger® (PX) energy recovery devices f...

Is Energy Recovery (ERII) Outperforming Other Industrial Products Stocks This Year?

Here is how Energy Recovery (ERII) and Zebra Technologies (ZBRA) have performed compared to their sector so far this year.

Joan Chow Joins Energy Recovery Board of Directors

SAN LEANDRO, CA / ACCESSWIRE / December 20, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced the appointment of Joan Chow to its Board of Directors. "We are delighted to have Ms.

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.

Energy Recovery Announces Retrofit of Palm Jumeirah with PX PowerTrain(TM)

SAN LEANDRO, CA / ACCESSWIRE / November 18, 2021 / Energy Recovery (NASDAQ:ERII) today announced an awarded contract to replace the Flowserve DWEER (Dual Work Exchanger Energy Recovery) in a desalinatio...

Energy Recovery Reports Third Quarter Financial Results

SAN LEANDRO, CA / ACCESSWIRE / November 4, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced its financial results for the third quarter ended September 30, 2021. "2021 is playing out as expect...

Energy Recovery (ERII) to Post Q3 Earnings: What's in Store?

Energy Recovery's (ERII) Q3 earnings are likely to have gained from strength in its businesses, solid operational productivity and liquidity position. High cost & expenses might have been a spoilsport.

Energy Recovery Signs Agreement with Vallarta Supermarkets for First Commercial PX G Deployment

SAN LEANDRO, CA and SAN FERNANDO VALLEY, CA / ACCESSWIRE / November 2, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) and Vallarta Supermarkets, a California-based company with more than 50 locations, today...

Earnings Preview: Energy Recovery (ERII) Q3 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.

Energy Recovery Wins Contracts Totaling over $21.9 Million for SWRO Plants in Kingdom of Saudi Arabia

SAN LEANDRO, CA / ACCESSWIRE / October 26, 2021 / Energy Recovery (NASDAQ:ERII) today announced contract awards totaling more than $21.9 million for its PX® Pressure Exchanger® (PX) energy recovery devi...

Energy Recovery Secures Award To Supply Ultra PX Devices To Battery Manufacturing Facility In China

Energy Recovery, Inc. (NASDAQ: ERII) received an award to supply its Ultra PX energy recovery devices to support industrial wastewater treatment operations at a lithium-ion battery manufacturing facilit...

Energy Recovery's Ultra PX(TM) to Support Greater Sustainability in Battery Manufacturing

SAN LEANDRO, CA / ACCESSWIRE / October 14, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced an award to supply its Ultra PX™ energy recovery devices to support industrial wastewater treatment ...

Energy Recovery Hosts ESG-Focused Webinar with Company Leaders

SAN LEANDRO, CA / ACCESSWIRE / September 28, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) tomorrow will host an ESG-focused webinar, "Charting Sustainable Growth with ESG Principles," in which company lea...

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