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.

Many analysts weighed in on price targets for ERII. The most optimistic price target was 22.5, which equates to a potential upside of 191.07 percent. The lowest price target was 16, which equates to a potential downside of 106.99 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -14.08 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

ERII has an estimated earnings growth rate of 1291.54 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of ERII is 0.12.

In the last 52-weeks, ERII has achieved a high of 16.67 and a low of 7.11. Today's price is 8.72 percent above the 52-week low, and below the high by 53.63 percent. ERII has a P/E 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.