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 minimum price target given was 16, implying a possible loss 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. 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. 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, 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 decreased their estimates.

ERII has an estimated earnings growth rate of 1291.54 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. 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. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of ERII is 0.12.

ERII has a 52-week high of 16.67 and a 52-week 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.