A share price of Energy Recovery Inc [ERII] is currently trading at $16.54, up 1.97%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ERII shares have gain 8.67% over the last week, with a monthly amount glided 13.83%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Energy Recovery Inc [NASDAQ: ERII] stock has seen the most recent analyst activity on December 05, 2024, when Seaport Research Partners initiated its Buy rating and assigned the stock a price target of $22. Previously, Raymond James upgraded its rating to Strong Buy on July 09, 2024, and kept the price target unchanged to $21. On November 17, 2022, B. Riley Securities initiated with a Buy rating and assigned a price target of $28 on the stock. Raymond James upgraded its rating to a Outperform but stick to its price target of $23 on November 08, 2022. Raymond James downgraded its rating to a Mkt Perform. Evercore ISI upgraded its rating to Outperform for this stock on January 04, 2021. In a note dated June 30, 2020, B. Riley FBR downgraded an Neutral rating on this stock but restated the target price of $9.50.
Energy Recovery Inc experienced fluctuations in its stock price throughout the past year between $12.26 and $20.27. Currently, Wall Street analysts expect the stock to reach $22 within the next 12 months. Energy Recovery Inc [NASDAQ: ERII] shares were valued at $16.54 at the most recent close of the market. An investor can expect a potential return of 33.01% based on the average ERII price forecast.
Analyzing the ERII fundamentals
Trailing Twelve Months sales for Energy Recovery Inc [NASDAQ:ERII] were 144.95M which represents 17.29% growth. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.1 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 16.19 points at the first support level, and at 15.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.84, and for the 2nd resistance point, it is at 17.14.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Energy Recovery Inc [NASDAQ:ERII] is 7.41. In addition, the Quick Ratio stands at 6.28 and the Cash Ratio stands at 2.62. Considering the valuation of this stock, the price to sales ratio is 6.27, the price to book ratio is 4.31 and price to earnings (TTM) ratio is 41.38.
Transactions by insiders
Recent insider trading involved Hanstveit Arve, Director, that happened on Mar 11 ’25 when 50000.0 shares were purchased. Officer, Clemente Rodney completed a deal on Mar 11 ’25 to buy 1843.0 shares. Meanwhile, SVP, Water Clemente Rodney sold 21444.0 shares on Feb 20 ’25.
