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, implying a possible profit of 191.07 percent. The lowest price target was 16, implying potential capital losses of 106.99 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

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. If we look at the last 90 days instead, we find a net average change of -14.08 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

ERII has an estimated earnings growth rate of 1291.54 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Today's price is 8.72 percent above the 52-week low, and below the high by 53.63 percent. 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 stock has a market capitalization of $0.41961 billion. ERII's next earnings release will be on 0000-00-00, which is days away.