Energy Recovery Stock Today
| ERII Stock | USD 13.75 0.04 0.29% |
Performance0 of 100
| Odds Of DistressLess than 1
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Energy Recovery is trading at 13.75 as of the 23rd of April 2024. This is a 0.29 percent up since the beginning of the trading day. The stock's open price was 13.71. Energy Recovery has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Energy Recovery are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 2nd of June 2008 | Category Industrials |
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 was incorporated in 1992 and is headquartered in San Leandro, California. The company has 57.08 M outstanding shares of which 2.51 M shares are currently shorted by private and institutional investors with about 5.36 trading days to cover. More on Energy Recovery
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Follow Valuation Options Odds of Bankruptcy
Financial Report 1st of May 2024
Energy Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Energy Recovery's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Energy Recovery or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Joel Gay | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Machinery (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Industrial Machinery & Supplies & Components, Pollution & Treatment Controls, Industrials, NASDAQ Composite, NASDAQ Composite Total, Machinery, Industrials, Machinery, Pollution & Treatment Controls, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Energy Recovery report their recommendations after researching Energy Recovery's financial statements, talking to executives and customers, or listening in on Energy Recovery's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Energy Recovery. The Energy consensus assessment is calculated by taking the average forecast from all of the analysts covering Energy Recovery. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Energy Recovery's financial statements, Energy Recovery is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Energy Recovery is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Energy Recovery's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Energy Recovery's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Energy Recovery's financial leverage. It provides some insight into what part of Energy Recovery's total assets is financed by creditors.
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Energy Recovery (ERII) is traded on NASDAQ Exchange in USA. It is located in 1717 Doolittle Drive, San Leandro, CA, United States, 94577 and employs 269 people. Energy Recovery is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 782.55 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Energy Recovery's market, we take the total number of its shares issued and multiply it by Energy Recovery's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Energy Recovery conducts business under Machinery sector and is part of Industrials industry. The entity has 57.08 M outstanding shares of which 2.51 M shares are currently shorted by private and institutional investors with about 5.36 trading days to cover.
Energy Recovery currently holds about 81.7 M in cash with 26.05 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.47.
Check Energy Recovery Probability Of Bankruptcy
Ownership AllocationEnergy Recovery holds a total of 57.08 Million outstanding shares. The majority of Energy Recovery outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Energy Recovery to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Energy Recovery. Please pay attention to any change in the institutional holdings of Energy Recovery as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Energy Ownership Details
Energy Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Energy Recovery jumping above the current price in 90 days from now is about 98.0%. The Energy Recovery probability density function shows the probability of Energy Recovery stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.8618 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Energy Recovery will likely underperform. Additionally, energy Recovery has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Energy Recovery to move above the current price in 90 days from now is about 98.0 (This Energy Recovery probability density function shows the probability of Energy Stock to fall within a particular range of prices over 90 days) .
Energy Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Energy Recovery that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Energy Recovery's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Energy Recovery's value.| Instituion | Recorded On | Shares | |
| Kbc Group Nv | 2023-12-31 | 1.1 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 1 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 889.6 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 874.4 K | |
| Amvescap Plc. | 2023-12-31 | 867.3 K | |
| New York State Common Retirement Fund | 2023-12-31 | 745.9 K | |
| Jennison Associates Llc | 2023-12-31 | 703.2 K | |
| Montanaro Asset Management Ltd | 2023-12-31 | 664 K | |
| First Trust Advisors L.p. | 2023-12-31 | 655.8 K | |
| Blackrock Inc | 2023-12-31 | 5 M | |
| Brown Capital Management, Llc | 2023-12-31 | 4.4 M |
Energy Recovery Historical Income Statement
Energy Recovery Income Statement is one of the three primary financial statements used for reporting Energy's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Energy Recovery revenue and expense. Energy Recovery Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Energy Recovery's Gross Profit is increasing as compared to previous years. The Energy Recovery's current Operating Income is estimated to increase to about 20 M, while Selling General Administrative is projected to decrease to under 18.5 M. View More FundamentalsEnergy Stock Against Markets
Picking the right benchmark for Energy Recovery stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Energy Recovery stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Energy Recovery is critical whether you are bullish or bearish towards Energy Recovery at a given time. Please also check how Energy Recovery's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Energy Recovery without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Energy Recovery Corporate Directors
Energy Recovery corporate directors refer to members of an Energy Recovery board of directors. The board of directors generally takes responsibility for the Energy Recovery's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Energy Recovery's board members must vote for the resolution. The Energy Recovery board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Pamela Tondreau | Director | Profile | |
| Sherif Foda | Director | Profile | |
| Yu Mao | Independent Director | Profile | |
| Ole Lorentzen | Director | Profile |
How to buy Energy Stock?
Before investing in Energy Recovery, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Energy Recovery. To buy Energy Recovery stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Energy Recovery. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Energy Recovery stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Energy Recovery stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Energy Recovery stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Energy Recovery, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Energy Stock please use our How to Invest in Energy Recovery guide.
Already Invested in Energy Recovery?
The danger of trading Energy Recovery is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Energy Recovery is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Energy Recovery. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Energy Recovery is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Energy Recovery offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Energy Recovery's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Energy Recovery Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Energy Recovery Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Recovery. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Energy Stock please use our How to Invest in Energy Recovery guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Energy Stock analysis
When running Energy Recovery's price analysis, check to measure Energy Recovery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Energy Recovery is operating at the current time. Most of Energy Recovery's value examination focuses on studying past and present price action to predict the probability of Energy Recovery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Recovery's price. Additionally, you may evaluate how the addition of Energy Recovery to your portfolios can decrease your overall portfolio volatility.
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Is Energy Recovery's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Energy Recovery. If investors know Energy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Energy Recovery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.414 | Earnings Share 0.37 | Revenue Per Share 2.274 | Quarterly Revenue Growth 0.352 | Return On Assets 0.0507 |
The market value of Energy Recovery is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Recovery's value that differs from its market value or its book value, called intrinsic value, which is Energy Recovery's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Energy Recovery's market value can be influenced by many factors that don't directly affect Energy Recovery's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Energy Recovery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Recovery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Recovery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.