Energy RecoveryERII
ERII
About: Energy Recovery Inc is an engineering-driven technology company. It is engaged in engineering, designing, manufacturing and supplying solutions that make industrial processes more efficient and sustainable. The company operates in three segments, Water, Emerging Technologies and Corporate. It offers energy recovery devices (ERDs) and pumps as well as related products and services to the global reverse osmosis desalination market. The company derives a majority of the revenue from the Water segment. Geographically, the company operates in the U.S. and other international countries.
Employees: 269
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
90% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 21
81% more call options, than puts
Call options by funds: $769K | Put options by funds: $425K
10% more funds holding
Funds holding: 168 [Q3] → 185 (+17) [Q4]
4% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 56
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
6.53% less ownership
Funds ownership: 83.71% [Q3] → 77.19% (-6.53%) [Q4]
22% less capital invested
Capital invested by funds: $841M [Q3] → $657M (-$184M) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$22
50%
upside
Avg. target
$22
50%
upside
High target
$22
50%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Scotiabank Jeff Campbell 0% 1-year accuracy 0 / 4 met price target | 50%upside $22 | Buy Initiated | 5 Dec 2024 |
Seaport Global Jeff Campbell 0% 1-year accuracy 0 / 4 met price target | 50%upside $22 | Buy Initiated | 5 Dec 2024 |
Financial journalist opinion
Based on 5 articles about ERII published over the past 30 days
Positive
Zacks Investment Research
1 week ago
Zacks Industry Outlook Donaldson, Environmental, Energy Recovery and Fuel Tech
Donaldson, Environmental, Energy Recovery and Fuel Tech have been highlighted in this Industry Outlook article.
Negative
Zacks Investment Research
1 week ago
4 Pollution Control Stocks to Watch Despite Industry Headwinds
Despite the high adoption of air pollution control equipment, the growing preference for alternative fuels and the high costs of innovation are limiting the prospects for the Zacks Pollution Control industry. DCI, CECO, ERII and FTEK are four stocks to consider.
Positive
Seeking Alpha
1 week ago
Energy Recovery: Riding Megatrends With Lowered Ambitions
Energy Recovery leverages population growth, water scarcity, and environmental protection trends, with a strong market position in desalination and emerging opportunities in CO2 refrigeration and wastewater treatment. Despite past overpromises, Energy Recovery's new leadership aims to execute revised targets, focusing on market penetration and product iterations to drive growth. The company boasts a strong balance sheet, with over $100 million in net cash and a significant share repurchase program, enabling growth investments.
Neutral
Business Wire
3 weeks ago
Energy Recovery to Release Fourth Quarter and Full Year 2024 Financial Results
SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (NASDAQ: ERII or the Company) announced today it will release its financial results for the quarterly period and full year ending December 31, 2024. The Company will host a conference call to discuss the results and related matters on February 26, 2025, after market close. EARNINGS RELEASE Wednesday, February 26, 2025 (after market close) LIVE CONFERENCE CALL Wednesday, February 26, 2025, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada.
Neutral
Business Wire
3 weeks ago
Energy Recovery to Release Fourth Quarter and Full Year 2024 Financial Results and Announces an Investor Webinar
SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (NASDAQ: ERII or the Company) announced today it will release its financial results for the quarterly period and full year ending December 31, 2024. The Company will host a conference call to discuss the results and related matters on February 26, 2025, after market close. EARNINGS RELEASE Wednesday, February 26, 2025 (after market close) LIVE CONFERENCE CALL Wednesday, February 26, 2025, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada.
Neutral
GlobeNewsWire
2 months ago
USA Rare Earth Appoints Joshua Ballard as Chief Executive Officer
NEW YORK, Dec. 17, 2024 (GLOBE NEWSWIRE) -- USA Rare Earth, LLC (“USARE” or the “Company”), announced today that Joshua Ballard has been named Chief Executive Officer effective December 17, 2024. USARE's mission is to establish a vertically integrated, domestic rare earth magnet supply chain that includes heavy rare earth elements and other critical minerals, such as gallium. USARE is developing a NdFeB magnet manufacturing plant in the United States, and establishing domestic rare earth elements and critical minerals supply, extraction, and processing capabilities to both supply its magnet manufacturing plant and market surplus materials to third-parties.
Neutral
Business Wire
2 months ago
Energy Recovery Wins “Breakthrough Innovation Award” at IDRA World Congress
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--At the 2024 IDRA World Congress show this week, Energy Recovery, Inc. (Nasdaq: ERII) was honored with The Breakthrough Innovation Award for Most Innovative Company in Desalination Technology. The award, announced at the IDRA World Congress Gala Dinner, “recognizes the pioneering efforts and transformative impact of a company, utility, or agency at the forefront of desalination technology.” Energy Recovery has been the trusted gold standard in en.
Neutral
Business Wire
3 months ago
Energy Recovery Announces Share Repurchase Program
SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced that its Board of Directors approved a share repurchase program to purchase up to $50 million of the company's outstanding common stock over the next 12 months, beginning in November 2024. “With our strategic plan, or Playbook, complete we now have a clear picture of the capital required to fund our growth,” said Energy Recovery's President and CEO David Moon. “As such, we are happy to return a large port.
Neutral
GlobeNewsWire
3 months ago
Energy Recovery Ventilator Market Size to Reach US$ 10.73 Billion by 2032, Driven by Increasing Awareness of Indoor Air Quality & The Need for Energy-Efficient Ventilation Solutions | Research by S&S Insider
Rising urbanization and stricter building codes are pushing commercial and residential sectors to adopt ERVs, as these systems effectively balance indoor temperature and humidity while reducing the load on heating, ventilation, and air conditioning (HVAC) systems, Says S&S Insider. Rising urbanization and stricter building codes are pushing commercial and residential sectors to adopt ERVs, as these systems effectively balance indoor temperature and humidity while reducing the load on heating, ventilation, and air conditioning (HVAC) systems, Says S&S Insider.
Positive
Seeking Alpha
3 months ago
Energy Recovery Delivered In Q3 But Faces A Challenging Q4, Still A Hold
Energy Recovery reported Q3 2024 results with much better performance in delivering products to their mega-projects and recording revenues. Still, about 50% of yearly revenue has to be delivered in Q4, leaving significant guidance-miss risk, which should not affect overall business profitability anyway. The company issued a white paper with positive data on the refrigeration technology, although it is still early to determine its value.
Charts implemented using Lightweight Charts™