Important positive changes in fundamentals have recently occurred for Energy Recovery Inc (NASDAQ: ERII): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Significant positive changes in investment behavior have recently occurred for Energy Recovery Inc (NASDAQ: ERII): the stock’s recent price rise disrupted its longer term downtrend.
In light of these very positive signals we are reviewing our current Overall Rating of D. 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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Energy Recovery has a neutral Power Rating of 48 but a poor Appreciation Score of 24, leading to the Negative Value Trend Rating.
Recent Price Action
Energy Recovery Inc (NASDAQ: ERII) stock closed at $15.49 on 9/11/24 after an increase of 1.2%. Trading volume in this advance was normal. The stock has declined -2.0% during the last week and has been weak relative to the market over the last nine months.
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