ERII
Energy Recovery, Inc. NASDAQ Listed Jul 2, 2008$9.42
+4.78%
vs $8.99
Mkt Cap $485.6M
52w Low $7.83
15.2% of range
52w High $18.32
50d MA $9.51
200d MA $12.96
P/E (TTM)
22.4x
EV/EBITDA
13.9x
P/B
2.5x
Debt/Equity
0.1x
ROE
11.1%
P/FCF
29.3x
RSI (14)
69.10
ATR (14)
$0.43
Beta
1.08
50d MA
$9.51
200d MA
$12.96
Avg Volume
1.4M
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.
1717 Doolittle Drive · San Leandro, CA 94577 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 6, 2026 | AMC | -0.10 | -0.11 | -10.0% | 11.61 | -4.1% | -18.8% | -3.2% | -4.7% | +0.3% | -4.8% | — |
| Feb 25, 2026 | AMC | 0.67 | 0.53 | -20.9% | 16.12 | -29.0% | -35.3% | +0.0% | -1.6% | -0.4% | +4.9% | — |
| Nov 5, 2025 | AMC | 0.09 | 0.12 | +33.3% | 17.26 | -11.1% | -16.0% | -3.5% | +0.6% | -0.1% | +1.5% | — |
| Aug 6, 2025 | AMC | 0.02 | 0.07 | +250.0% | 13.62 | +10.0% | +7.6% | -3.1% | -2.1% | +3.0% | +2.2% | — |
| May 7, 2025 | AMC | -0.01 | -0.13 | -1200.0% | 15.04 | -23.2% | -18.6% | -7.2% | +7.7% | +0.2% | +0.4% | — |
| Feb 26, 2025 | AMC | 0.42 | 0.50 | +19.0% | 14.68 | +0.8% | +2.5% | -0.6% | +1.1% | +0.7% | +2.6% | — |
| Oct 30, 2024 | AMC | 0.09 | 0.15 | +66.7% | 17.86 | -5.7% | +0.0% | +3.8% | -0.1% | +2.9% | +2.8% | — |
| Jul 31, 2024 | AMC | 0.05 | 0.09 | +91.1% | 14.58 | +9.9% | +20.6% | -7.4% | -1.6% | -1.1% | +0.6% | — |
| May 1, 2024 | AMC | -0.11 | -0.08 | +27.3% | 14.65 | +0.0% | -11.0% | +4.6% | -1.5% | +3.3% | -2.7% | — |
| Feb 21, 2024 | AMC | 0.38 | 0.34 | -10.5% | 15.62 | -4.0% | -3.3% | -7.1% | +8.9% | +1.7% | -1.8% | — |
| Nov 1, 2023 | AMC | 0.05 | 0.17 | +240.0% | 14.41 | +10.6% | +22.9% | +2.1% | +0.2% | +0.5% | -1.3% | — |
| Aug 2, 2023 | AMC | -0.01 | -0.03 | -200.0% | 30.42 | -13.7% | -14.6% | +6.0% | +0.5% | -3.1% | +1.2% | — |
| May 3, 2023 | AMC | -0.12 | -0.08 | +33.3% | 21.98 | +3.0% | +5.9% | +4.0% | -2.7% | +3.7% | +0.2% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nov 10 | Freedom Broker | Maintains | Buy → Buy | — | $13.98 | $14.30 | +2.3% | +0.6% | -0.1% | +1.5% | +1.9% | +0.1% |
| Aug 7 | B. Riley Securities | Maintains | Neutral → Neutral | — | $13.62 | $14.98 | +10.0% | +7.6% | -3.1% | -2.1% | +3.0% | +2.2% |
| May 8 | B. Riley Securities | Downgrade | Buy → Neutral | — | $15.04 | $11.55 | -23.2% | -18.6% | -7.2% | +7.7% | +0.2% | +0.4% |
| Nov 19 | Evercore ISI | Maintains | Outperform → Outperform | — | $14.66 | $15.34 | +4.6% | +4.7% | +1.0% | +0.8% | +1.1% | -1.3% |
| Nov 19 | B. Riley Securities | Maintains | Buy → Buy | — | $14.66 | $15.34 | +4.6% | +4.7% | +1.0% | +0.8% | +1.1% | -1.3% |
| Jul 9 | Raymond James | Upgrade | Outperform → Strong Buy | — | $12.68 | $13.54 | +6.8% | +6.2% | +1.3% | +4.9% | +0.4% | +2.7% |
| Feb 28 | Evercore ISI | Maintains | Outperform → Outperform | — | $15.55 | $15.47 | -0.5% | -1.8% | +2.4% | +2.9% | -2.5% | -2.2% |
| Nov 2 | Raymond James | Maintains | Outperform → Outperform | — | $14.41 | $15.94 | +10.6% | +22.9% | +2.1% | +0.2% | +0.5% | -1.3% |
| Oct 3 | Raymond James | Maintains | Outperform → Outperform | — | $20.83 | $20.68 | -0.7% | -1.3% | -0.7% | -1.6% | +0.0% | +0.3% |
| Aug 3 | Raymond James | Maintains | Outperform → Outperform | — | $30.42 | $26.25 | -13.7% | -14.6% | +6.0% | +0.5% | -3.1% | +1.2% |
| Jul 12 | Raymond James | Maintains | Outperform → Outperform | — | $28.34 | $29.17 | +2.9% | +1.3% | +1.3% | -0.1% | +4.1% | +1.2% |
| May 9 | Fearnleys | Upgrade | Hold → Buy | — | $23.56 | $23.95 | +1.7% | +3.7% | +0.2% | -0.9% | -0.5% | +1.8% |
| Apr 5 | Raymond James | Maintains | Outperform → Outperform | — | $23.31 | $23.48 | +0.7% | +0.5% | +0.2% | +4.0% | +1.6% | -1.0% |
| Nov 17 | B. Riley Securities | Maintains | Buy → Buy | — | $20.93 | $21.69 | +3.6% | +0.7% | +1.2% | -0.4% | +1.3% | +3.1% |
| Nov 8 | Raymond James | Upgrade | Market Perform → Outperform | — | $18.71 | $19.69 | +5.2% | +7.0% | -2.2% | +4.5% | +1.1% | +0.3% |
| Jul 7 | Raymond James | Downgrade | Outperform → Market Perform | — | $21.79 | $21.26 | -2.4% | -6.6% | -1.1% | +3.4% | +3.1% | -0.0% |
| May 7 | Raymond James | Maintains | Outperform → Outperform | — | $20.37 | $20.41 | +0.2% | +1.4% | -13.8% | -1.2% | -4.8% | +1.5% |
| Mar 12 | Raymond James | Maintains | Outperform → Outperform | — | $18.87 | $19.39 | +2.8% | +2.3% | +0.6% | -6.8% | +5.2% | -0.5% |
| Jan 8 | Raymond James | Maintains | Outperform → Outperform | — | $15.09 | $15.24 | +1.0% | +0.0% | -3.2% | +2.1% | -5.3% | +4.3% |
| Jan 4 | Evercore ISI | Upgrade | In Line → Outperform | — | $13.64 | $14.31 | +4.9% | +0.8% | +5.1% | +0.0% | +4.4% | +0.0% |
| Jun 30 | B. Riley Securities | Downgrade | Buy → Neutral | — | $8.91 | $7.70 | -13.6% | -14.8% | -7.7% | -2.3% | +7.8% | -3.7% |
| Jun 30 | B. Riley FBR | Downgrade | Buy → Neutral | — | $8.91 | $7.70 | -13.6% | -14.8% | -7.7% | -2.3% | +7.8% | -3.7% |
| Mar 23 | B. Riley Securities | Maintains | Buy → Buy | — | $6.50 | $6.56 | +0.9% | +3.1% | +7.5% | -1.0% | +1.8% | -7.3% |
| Mar 23 | B. Riley FBR | Maintains | Buy → Buy | — | $6.50 | $6.56 | +0.9% | +3.1% | +7.5% | -1.0% | +1.8% | -7.3% |
| Oct 24 | Raymond James | Maintains | Outperform → Outperform | — | $9.91 | $9.96 | +0.5% | -2.7% | +2.2% | -2.4% | -2.1% | -0.4% |
| Jun 15 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $8.48 | $8.38 | -1.2% | -4.9% | +0.6% | +0.1% | +2.5% | -2.3% |
| Oct 17 | Seaport Global | Maintains | Buy → Buy | — | $8.21 | $8.42 | +2.6% | +1.1% | +2.2% | -1.9% | -1.0% | -1.8% |
| Sep 5 | JMP Securities | Maintains | Market Outperform → Outperform | — | $6.55 | $6.78 | +3.5% | +6.0% | +2.6% | +1.8% | -4.3% | -2.7% |
| Sep 27 | IBERIA Capital Partners | Maintains | Outperform → Outperform | — | $15.23 | $15.62 | +2.6% | +7.4% | -0.9% | -1.2% | -0.2% | +0.2% |
| Sep 27 | Evercore ISI | Maintains | Buy → Buy | — | $15.23 | $15.62 | +2.6% | +7.4% | -0.9% | -1.2% | -0.2% | +0.2% |
| Sep 13 | Jefferies | Upgrade | Hold → Buy | — | $12.69 | $13.62 | +7.3% | +2.0% | +5.3% | +5.5% | +1.3% | +0.6% |
| Jul 15 | FBR Capital | Maintains | Outperform → Outperform | — | $9.26 | $9.44 | +1.9% | +6.3% | +4.4% | +0.6% | -2.3% | +1.0% |
| Jan 5 | GMP Securities | Maintains | Buy → Buy | — | $6.90 | $7.04 | +2.0% | +0.4% | +0.4% | -2.4% | +0.7% | -9.5% |
| Oct 21 | Credit Suisse | Upgrade | Neutral → Outperform | — | $7.32 | $7.50 | +2.5% | -7.8% | +15.0% | -4.8% | -3.4% | -3.2% |
| Aug 7 | Jefferies | Maintains | Hold → Hold | — | $2.61 | $2.77 | +6.1% | +5.4% | +0.4% | +0.4% | +1.8% | +0.7% |
| Mar 11 | Ardour Capital | Downgrade | Accumulate → Hold | — | $2.75 | $2.66 | -3.3% | +2.5% | +4.3% | +3.7% | +1.3% | -4.2% |
| Oct 15 | Jefferies | Maintains | Hold → Hold | — | $3.68 | $3.59 | -2.4% | +3.3% | +5.8% | +0.7% | +2.2% | +5.1% |
| Aug 11 | Credit Suisse | Maintains | Neutral → Neutral | — | $4.15 | $4.15 | +0.0% | -1.2% | +3.4% | +1.9% | +0.2% | +3.5% |
| Mar 7 | Ardour Capital | Upgrade | Hold → Accumulate | — | $6.49 | $5.95 | -8.3% | -7.9% | +1.8% | -3.6% | +2.2% | -3.7% |
| Sep 30 | Jefferies | Maintains | Hold → Hold | — | $7.12 | $7.03 | -1.3% | +1.7% | +2.2% | -0.5% | -6.9% | -1.3% |
| Apr 24 | Jefferies | Maintains | Hold → Hold | — | $3.64 | $3.63 | -0.3% | +5.5% | -5.7% | +2.5% | -0.8% | -0.5% |
| Mar 18 | Jefferies | Maintains | Hold → Hold | — | $3.88 | $3.83 | -1.3% | -1.3% | -7.6% | +8.2% | +1.8% | -5.9% |
| Mar 11 | Wedbush | Downgrade | Neutral → Underperform | — | $4.25 | $4.05 | -4.7% | -7.8% | -0.8% | -3.9% | +4.8% | -1.0% |
| Mar 8 | Ardour Capital | Downgrade | Accumulate → Hold | — | $4.70 | $4.76 | +1.3% | -9.6% | -7.8% | -0.8% | -3.9% | +4.8% |
| Nov 12 | Jefferies | Maintains | Hold → Hold | — | $2.83 | $2.85 | +0.7% | -0.4% | -5.3% | -6.0% | -2.0% | +0.8% |
| Mar 20 | Wedbush | Upgrade | Underperform → Neutral | — | $2.38 | $2.35 | -1.3% | -6.3% | +1.8% | -5.3% | +5.1% | -1.8% |
| Mar 13 | Wedbush | Upgrade | Underperform → Neutral | — | $2.42 | $2.44 | +0.8% | -2.1% | -2.5% | -5.2% | +4.1% | +4.4% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| Jun 15, 2026 | BUEHLER ALEXANDER JDir/Off | Interim President and CEO | Sell | 14,900 | $8.71 | $130K | 66,755 | +4.78% | — |
| Jun 15, 2026 | Sabol Colin RDir | — | Buy | 11,180 | $8.88 | $99K | 55,671 | +4.78% | — |
8-K
Energy Recovery, Inc. -- 8-K Filing
Energy Recovery Inc.'s President and CEO David Moon resigned effective May 26, 2026, creating leadership uncertainty that investors should monitor for succession planning announcements.
Jun 8
8-K · 5.02
!!! Very High
Energy Recovery, Inc. -- 8-K 5.02: Executive Change
May 28
8-K
Energy Recovery, Inc. -- 8-K Filing
Energy Recovery (ERII) will incur $1-2 million in severance costs plus significant non-cash charges including goodwill impairment and inventory reserves, signaling operational restructuring and potential asset value concerns.
Feb 25
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Amundi | 3,740,309 | $38M | New | Mar 2026 |
| 2 | Morgan Stanley | 1,946,588 | $26M | Added | Dec 2025 |
| 3 | Vanguard Capital Management Llc | 2,230,270 | $22M | New | Mar 2026 |
| 4 | Vanguard Portfolio Management Llc | 1,261,661 | $13M | New | Mar 2026 |
| 5 | Diamond Hill Capital Management Inc | 888,358 | $12M | Reduced | Dec 2025 |
| 6 | Select Equity Group, L.p. | 773,577 | $10M | Added | Dec 2025 |
| 7 | Invesco Ltd. | 826,296 | $8M | Added | Mar 2026 |
| 8 | Avenir Corp | 817,755 | $8M | Reduced | Mar 2026 |
| 9 | Brown Capital Management Llc | 538,063 | $5M | Reduced | Mar 2026 |
| 10 | Arrowstreet Capital, Limited Partnership | 514,102 | $5M | Added | Mar 2026 |
| 11 | Kopion Asset Management, Llc | 506,965 | $5M | Added | Mar 2026 |
| 12 | Swiss Life Asset Management Ltd | 457,783 | $5M | Added | Mar 2026 |
| 13 | Northern Trust Corp | 450,437 | $5M | Added | Mar 2026 |
| 14 | Citadel Advisors Llc | 449,436 | $5M | Added | Mar 2026 |
| 15 | Raiffeisen Bank International Ag | 300,000 | $4M | Added | Dec 2025 |
| 16 | Sg Americas Securities, Llc | 364,337 | $4M | Added | Mar 2026 |
| 17 | Pinnacle Associates Ltd | 342,407 | $3M | Reduced | Mar 2026 |
| 18 | Millennium Management | 322,341 | $3M | Added | Mar 2026 |
| 19 | Bnp Paribas Financial Markets | 270,951 | $3M | Added | Mar 2026 |
| 20 | Fmr Llc | 250,580 | $3M | — | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$485.6M
Enterprise Value
$434.9M
P/E (TTM)
22.43x
Forward P/E
22.88x
PEG Ratio
4.21x
P/B
2.46x
P/S
3.79x
P/FCF
29.25x
EV/EBITDA
13.87x
Shares Out
54.2M
Financials (TTM)
Revenue
$134.7M
Net Income
$23.0M
EBITDA
$31.4M
Free Cash Flow
$17.4M
Op Cash Flow
$18.8M
EPS Basic
$0.43
EPS Diluted
$0.42
EPS Forward
$0.41
Gross Margin
65.2%
Op Margin
18.2%
Net Margin
17.1%
Balance Sheet
Total Assets
$231.5M
Total Liab.
$25.3M
Total Equity
$206.2M
Cash
$75.2M
LT Debt
$0
Book Value/Sh
$3.83
Debt/Equity
0.05x
Current Ratio
10.44
Quick Ratio
9.04
Returns & Growth
ROE
11.1%
ROA
9.9%
ROIC
9.4%
Rev Growth YoY
-7.1%
EPS Growth YoY
+7.5%
Price Returns
2W
-5.2%
1M
-26.2%
3M
-21.7%
6M
-43.5%
12M
-35.2%
Technicals
52W High
$18.32
52W Low
$7.83
50d MA
$9.51
200d MA
$12.96
RSI (14)
69.10
ATR (14)
$0.43
Beta
1.08
Avg Volume
1.4M
Dividends
Div Rate
$0.00
Div Yield
—
Frequency
—
Ex-Div Date
—
Analyst Price Targets
Consensus
$13.00
High
$13.00
Low
$13.00
Median
$13.00
Data updated apr 25, 2026 7:35am
· Source: financialmodelingprep.com