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 maximum price target given was 22.5, implying potential capital gains 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of ERII's earnings is estimated by analysts to be 1291.54 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. ERII has a PEG ratio of 0.12.

In the trailing 52-weeks, ERII hit 16.67 at the highest peak, while it's lowest trading point was 7.11. Today's price is 8.72 percent above the 52-week low, and 53.63 percent lower than its 52-week high. 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.