Analyst Ratings for Energy Recovery Inc. (ERII)

Updated: 2017-07-28

Energy Recovery Inc. (NASDAQ:ERII) was awarded an average rating of Buy from investment analysts following the stock. ERII had previously received a consensus rating of Buy a month ago.

3 analysts issued ratings on the stock, where 3 gave ERII a buy rating, 0 issued an overweight rating, 0 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for ERII. The maximum price target given was 22.5, which equates to a potential upside of 191.07 percent. The minimum price target given was 16, implying a possible loss of 106.99 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -14.08 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of ERII's earnings is estimated by analysts to be 1291.54 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. ERII has a PEG ratio of 0.12.

In the last 52-weeks, ERII has achieved a high of 16.67 and a low of 7.11. Currently the stock is 8.72 percent higher than its low, and 53.63 percent lower than its 52-week high. ERII has a price/earnings ratio of 154.6. Investors typically compare the P/E ratio to a company's peers in the industry. The ERII value stock report compares ERII to some of its peers using value stock charts. The market cap of ERII is $0.41961 billion. ERII is estimated to release their earnings results for the quarter on 0000-00-00, days from today.