EPS for Energy Recovery, Inc. (ERII) Expected At $0.32

February 15, 2018 - By Maria Brooks

 EPS for Energy Recovery, Inc. (ERII) Expected At $0.32
Investors sentiment increased to 1.35 in 2017 Q3. Its up 0.35, from 1 in 2017Q2. It improved, as 7 investors sold Energy Recovery, Inc. shares while 24 reduced holdings. 16 funds opened positions while 26 raised stakes. 15.99 million shares or 1.58% less from 16.25 million shares in 2017Q2 were reported.
Boothbay Fund Mngmt Limited Liability Corporation holds 0.02% of its portfolio in Energy Recovery, Inc. (NASDAQ:ERII) for 16,568 shares. Metropolitan Life Insur New York invested in 25,974 shares. Alliancebernstein Limited Partnership invested 0% of its portfolio in Energy Recovery, Inc. (NASDAQ:ERII). Nationwide Fund Advsrs has 20,024 shares. Us Commercial Bank De has 700 shares for 0% of their portfolio. Glenmede Tru Na holds 2,500 shares or 0% of its portfolio. 1.21 million are owned by Millennium Mgmt Limited. Renaissance Ltd Company reported 278,700 shares. Caprock Gp accumulated 21,564 shares. Royal Savings Bank Of Canada accumulated 14,124 shares or 0% of the stock. Jpmorgan Chase & Communications holds 0% in Energy Recovery, Inc. (NASDAQ:ERII) or 177,912 shares. Ubs Asset Management Americas Inc holds 0% or 10,060 shares. Elkhorn Ptnrs Limited Partnership holds 0.24% of its portfolio in Energy Recovery, Inc. (NASDAQ:ERII) for 46,414 shares. California State Teachers Retirement Sys reported 57,458 shares. Citigroup Inc reported 0% of its portfolio in Energy Recovery, Inc. (NASDAQ:ERII).

Since December 13, 2017, it had 0 buys, and 1 sale for $22,000 activity.

Analysts expect Energy Recovery, Inc. (NASDAQ:ERII) to report $0.32 EPS on March, 14.They anticipate $0.26 EPS change or 433.33 % from last quarter’s $0.06 EPS. ERII’s profit would be $17.15 million giving it 6.09 P/E if the $0.32 EPS is correct. After having $0.03 EPS previously, Energy Recovery, Inc.’s analysts see 966.67 % EPS growth. The stock decreased 0.13% or $0.01 during the last trading session, reaching $7.79. About 116,703 shares traded. Energy Recovery, Inc. (NASDAQ:ERII) has declined 27.39% since February 15, 2017 and is downtrending. It has underperformed by 44.09% the S&P500.

Energy Recovery, Inc. (NASDAQ:ERII) Ratings Coverage

Among 7 analysts covering Energy Recovery (NASDAQ:ERII), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Energy Recovery had 15 analyst reports since August 7, 2015 according to SRatingsIntel. The company was upgraded on Monday, August 10 by Ardour Capital. The firm has “Buy” rating by FBR Capital given on Monday, August 28. The stock of Energy Recovery, Inc. (NASDAQ:ERII) earned “Buy” rating by FBR Capital on Thursday, November 30. As per Tuesday, September 13, the company rating was upgraded by Jefferies. The stock of Energy Recovery, Inc. (NASDAQ:ERII) earned “Outperform” rating by Credit Suisse on Wednesday, October 21. As per Monday, September 26, the company rating was initiated by Iberia Capital Partners. iBERIA Capital Partners initiated Energy Recovery, Inc. (NASDAQ:ERII) rating on Monday, September 26. iBERIA Capital Partners has “Outperform” rating and $21 target. The firm has “Buy” rating given on Tuesday, October 17 by Jefferies. As per Friday, July 15, the company rating was initiated by FBR Capital. The stock of Energy Recovery, Inc. (NASDAQ:ERII) earned “Buy” rating by FBR Capital on Wednesday, November 8.

Energy Recovery, Inc. provides energy solutions to industrial fluid flow markets under the ERI, PX, Pressure Exchanger, PX Pressure Exchanger, AT, AquaBold, VorTeq, IsoBoost, and IsoGen names worldwide. The company has market cap of $417.51 million. The firm operates through Water and Oil & Gas divisions. It has a 119.85 P/E ratio. It offers pressure exchanger energy recovery devices and turbocharger technologies for water desalination and gas and oil; AT turbochargers for low-pressure brackish, and high-pressure seawater reverse osmosis systems; and high-performance, high-efficiency, high-pressure, and circulation booster pumps.

More news for Energy Recovery, Inc. (NASDAQ:ERII) were recently published by: Prnewswire.com, which released: “Energy Recovery Awarded $2.9 Million for Desalination Projects in Asia” on February 14, 2018. Seekingalpha.com‘s article titled: “Energy Recovery Looks Promising As The Oil Market Rebalances” and published on November 15, 2017 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.