Energy Recovery (ERII)
NASDAQ:ERII
ERII Stock Chart & Stats
$9.81
-$0.22(-1.48%)
At close: 4:00 PM EST
$9.81
-$0.22(-1.48%)
Day’s Range― - ―
52-Week Range$9.35 - $18.32
Previous CloseN/A
Volume67.39K
Average Volume (3M)921.05K
Market Cap
$518.25M
Enterprise Value$494.78M
Total Cash (Recent Filing)$75.25M
Total Debt (Recent Filing)$9.43M
Price to Earnings (P/E)31.6
Beta1.37
Next Earnings
May 06, 2026EPS Estimate
-0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.50
Shares Outstanding52,828,667
10 Day Avg. Volume918,822
30 Day Avg. Volume921,048
Financial Highlights & Ratios
PEG Ratio4.21
Price to Book (P/B)3.52
Price to Sales (P/S)5.39
P/FCF Ratio41.62
Enterprise Value/Market Cap0.95
Enterprise Value/Revenue3.67
Enterprise Value/Gross Profit5.64
Enterprise Value/Ebitda12.99
Forecast
1Y Price Target
$14.00Price Target Upside42.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)0.46
Revenue Forecast (FY)$121.26M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthVery low leverage and modest total debt (under ~$20M historically) combined with sizable equity (~$185M–$220M) give ERII lasting financial flexibility. This supports capital allocation through project seasonality, funds strategic pivots, and reduces solvency risk during multi-quarter demand lulls.
High Gross MarginsStructurally high gross margins reflect differentiated pressure-exchanger technology and pricing power in SWRO systems. Durable margin profiles help the company absorb tariffs and product-mix swings, enable reinvestment in R&D and service capability, and sustain operating returns across cycles.
Aftermarket & Service RevenueA recurring aftermarket business tied to an installed base provides steadier, higher-margin revenue versus one-off unit sales. Spare parts and service contracts reduce revenue cyclicality, deepen customer relationships, and support long-term cash generation and margin resilience as installed capacity grows.
Bears Say
Revenue VolatilityMaterial year-to-year swings in revenue undermine visibility for capacity planning and long-term investment. Large declines in project-driven sales can force operating adjustments, weaken returns on equity, and make earnings less predictable for 2–6 month planning horizons and beyond.
Weakening Free Cash Flow MomentumFalling free cash flow across consecutive years reduces the company’s ability to self-fund growth, absorb disturbances, or accelerate strategic initiatives. Weaker cash conversion heightens sensitivity to working capital swings and project timing, constraining durable reinvestment or shareholder returns.
Project-timing & Market Concentration RiskDependence on SWRO project awards and EPC/OEM build schedules creates structural timing risk: multi-quarter delays or concentrated project pipelines can produce sharp revenue and cash flow swings. This market dependence limits predictability and increases exposure to policy, tender, or customer concentration shocks.
Energy Recovery News
ERII FAQ
What was Energy Recovery’s price range in the past 12 months?
Energy Recovery lowest stock price was $9.35 and its highest was $18.32 in the past 12 months.
What is Energy Recovery’s market cap?
Energy Recovery’s market cap is $518.25M.
When is Energy Recovery’s upcoming earnings report date?
Energy Recovery’s upcoming earnings report date is May 06, 2026 which is in 35 days.
How were Energy Recovery’s earnings last quarter?
Energy Recovery released its earnings results on Feb 25, 2026. The company reported $0.5 earnings per share for the quarter, missing the consensus estimate of $0.63 by -$0.13.
Is Energy Recovery overvalued?
According to Wall Street analysts Energy Recovery’s price is currently Undervalued.
Does Energy Recovery pay dividends?
Energy Recovery does not currently pay dividends.
What is Energy Recovery’s EPS estimate?
Energy Recovery’s EPS estimate is -0.13.
How many shares outstanding does Energy Recovery have?
Energy Recovery has 52,828,667 shares outstanding.
What happened to Energy Recovery’s price movement after its last earnings report?
Energy Recovery reported an EPS of $0.5 in its last earnings report, missing expectations of $0.63. Following the earnings report the stock price went down -35.298%.
Which hedge fund is a major shareholder of Energy Recovery?
Currently, no hedge funds are holding shares in ERII
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Energy Recovery Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$14.00 (42.71% Upside)
$14.00 (42.71% Upside)
Blogger Sentiment
Neutral
ERII Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 451.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $811.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 9.5%
Last 30 Days ▲ 9.5%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-38.99%
12-Months-Change
Fundamentals
Return on Equity
11.92%
Trailing 12-Months
Asset Growth
-4.83%
Trailing 12-Months
Company Description
Energy Recovery
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 energy consumption in natural gas processing and in refrigeration systems that use carbon dioxide. It provides its products under the ERI, Ultra PX, PX, Pressure Exchanger, PX Pressure Exchanger, PX PowerTrain, VorTeq, IsoBoost, AT, and AquaBold names to large engineering, procurement, and construction firms; end-users and industry consultants; original equipment manufacturers; and aftermarket customers. The company was incorporated in 1992 and is headquartered in San Leandro, California.
ERII Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook with strong sales execution and effective cost control measures. However, there are delays in the CO2 commercialization timeline and uncertainty in data center market opportunities. Despite these challenges, the company's achievements in wastewater revenue and the lithium extraction project highlight positive growth prospects.View all ERII earnings summariesERII Revenue Breakdown
100.00% Water
0.49% Emerging Technologies
ERII Stock 12 Month Forecast
Average Price Target
$14.00
▲(42.71% Upside)
Technical Analysis
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Ownership Overview
2.89% Insiders
17.69% Mutual Funds
16.97% Other Institutional Investors
44.26% Public Companies and
Individual Investors