Energy Recovery Inc (ERII) Stock Forecast & Price Target
Energy Recovery Inc · NASDAQ
$7.71+0.07 (+0.98%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 3 firms covering Energy Recovery Inc, 1 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets range widely, $8.00 to $19.00 (about 2.4x), a sign of real disagreement on valuation. The average target of $12.67 sits 64% above the current $7.71. The rating mix has stayed broadly stable, with Buy-side ratings easing from 1 to 0 over recent months. On the fundamentals, the Street sees revenue growth near -13% this year and 20% next, consensus EPS building from about $0.20 next quarter toward $0.48 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS3 ratings
Moderate Buy
Strong Buy00%
Buy133%
Hold267%
Sell00%
Strong Sell00%
Based on 3 analysts giving stock ratings to Energy Recovery Inc.
As of Sep, 0 of 2 firms rate ERII a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
ERII EPS & revenue forecast
EPS · NEXT QUARTER
$0.20
Range $0.17 – $0.22 · 2 analysts · -63% YoY
Next period, 2 analysts expect Energy Recovery Inc to earn $0.20 a share (range $0.17 – $0.22), versus $0.53 a year earlier. Full-year consensus is $0.04, growing to $0.48 the year after.
REVENUE · NEXT QUARTER
$35.8M
Range $26.3M – $46.8M · 2 analysts · -10% YoY
Revenue is expected to reach $35.8M (range $26.3M – $46.8M), -10.0% year-over-year. Full-year consensus is $73.6M, rising to $110.9M next year.
Top analysts covering Energy Recovery Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on ERII.
#1
RP
Ryan Pfingst
B. Riley Securities
Hold
$8.00+3.8% to target
Coverage
—
+ Follow
#2
DP
Dmitriy Pozdnyakov
Freedom Broker
Buy
$18.20+136.2% to target
Coverage
—
+ Follow
#3
LS
Larry Solow
CJS Securities
Buy
$19.00+146.6% to target
Coverage
—
+ Follow
#4
LS
Lawrence Solow
CJS Securities
Buy
$19.00+146.6% to target
Coverage
—
+ Follow
#5
JC
Jeff Campbell
Seaport Global
Buy
$22.00+185.5% to target
Coverage
—
+ Follow
ERII stock forecast FAQ
What is ERII's average 12-month price target?+
The 3 analysts with a live target average $12.67 for Energy Recovery Inc over the next 12 months, ranging from a $19.00 high to a $8.00 low.
Is ERII stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 3 analyst ratings, 1 are Buy or Strong Buy, 2 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for ERII?+
The Street-high target is $19.00 (CJS Securities), and the Street-low is $8.00 (B. Riley Securities). The average of all 3 active targets is $12.67.
How many Wall Street analysts cover ERII?+
3 analysts have an active rating on Energy Recovery Inc, and 3 firms carry a live 12-month price target.
Who is the most accurate analyst covering ERII?+
Among analysts who currently cover ERII, Ryan Pfingst of B. Riley Securities has the strongest overall Quantellect track record. Their current call is Hold with a $8.00 target.
What is Energy Recovery Inc's projected EPS for next quarter?+
The consensus estimate is $0.20 per share (range $0.17 – $0.22) across 2 analysts. Full-year EPS is projected at $0.04, rising to $0.48 the following year.
How much revenue is Energy Recovery Inc expected to report next quarter?+
Consensus revenue is $35.8M (range $26.3M – $46.8M). Full-year revenue is projected at $73.6M, growing to $110.9M next year.
Have analysts been upgrading or downgrading ERII lately?+
As of Sep, 0 of 2 firms rate ERII a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their ERII calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
