Notable positive changes in Energy Recovery Inc (NASDAQ: ERII) fundamentals have recently occurred: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Energy Recovery Inc (NASDAQ: ERII). Extremely important positive changes in investment behavior have recently occurred: the stock’s recent price rise disrupted its longer term downtrend, and its longer term price trend turned up.
In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ERII is expected to continue to be a Value Builder.
Energy Recovery has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Energy Recovery has a slightly negative Power Rating of 38 and a poor Appreciation Score of 19, leading to the Lowest Value Trend Rating.
Recent Price Action
Energy Recovery Inc (NASDAQ: ERII) stock declined modestly by -1.6% on 8/5/24. The stock closed at $16.03. Moreover, trading volume in this decline was unusually high at 193% of normal. The stock has risen 7.5% during the last week but has been extremely weak relative to the market over the last nine months.
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