Seaport Res Ptn Forecasts Energy Recovery Q1 Earnings

Energy Recovery, Inc. (NASDAQ:ERII) – Analysts at Seaport Res Ptn issued their Q1 2027 earnings estimates for shares of Energy Recovery in a research report issued to clients and investors on Tuesday, November 11th. Seaport Res Ptn analyst J. Campbell anticipates that the industrial products company will post earnings of ($0.08) per share for the quarter. The consensus estimate for Energy Recovery’s current full-year earnings is $0.36 per share. Seaport Res Ptn also issued estimates for Energy Recovery’s Q2 2027 earnings at $0.12 EPS, Q3 2027 earnings at $0.22 EPS and FY2027 earnings at $0.96 EPS.

Energy Recovery (NASDAQ:ERII) last released its earnings results on Wednesday, November 5th. The industrial products company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.03. The company had revenue of $32.00 million during the quarter, compared to the consensus estimate of $29.94 million. Energy Recovery had a return on equity of 11.67% and a net margin of 17.02%. Energy Recovery has set its FY 2025 guidance at EPS.

Several other equities analysts have also commented on the stock. B. Riley reiterated a “neutral” rating on shares of Energy Recovery in a research note on Thursday, November 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Energy Recovery in a research report on Tuesday, October 14th. CJS Securities started coverage on shares of Energy Recovery in a research note on Tuesday, September 16th. They set a “market outperform” rating and a $19.00 price target on the stock. Finally, Loop Capital set a $18.20 price target on shares of Energy Recovery in a research report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Energy Recovery has an average rating of “Buy” and an average target price of $18.64.

Energy Recovery Trading Up 1.9%

Energy Recovery stock opened at $14.53 on Wednesday. The company has a fifty day simple moving average of $15.66 and a 200-day simple moving average of $14.18. The stock has a market cap of $769.68 million, a P/E ratio of 34.60 and a beta of 1.10. Energy Recovery has a 12-month low of $10.86 and a 12-month high of $19.32.

Insider Activity

In related news, insider William Yeung sold 33,554 shares of the business’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $14.51, for a total value of $486,868.54. Following the transaction, the insider owned 97,369 shares in the company, valued at $1,412,824.19. The trade was a 25.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders sold a total of 72,333 shares of company stock worth $1,122,195 over the last 90 days. Company insiders own 3.20% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Teacher Retirement System of Texas purchased a new stake in shares of Energy Recovery during the first quarter worth approximately $430,000. Y Intercept Hong Kong Ltd acquired a new position in Energy Recovery in the 1st quarter valued at $443,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Energy Recovery during the 1st quarter worth $379,000. XTX Topco Ltd acquired a new stake in shares of Energy Recovery in the 1st quarter worth $374,000. Finally, Raiffeisen Bank International AG lifted its stake in shares of Energy Recovery by 4.3% in the 1st quarter. Raiffeisen Bank International AG now owns 245,000 shares of the industrial products company’s stock worth $3,908,000 after acquiring an additional 10,000 shares during the period. 83.58% of the stock is currently owned by hedge funds and other institutional investors.

About Energy Recovery

Energy Recovery, Inc, together with its subsidiaries, designs, manufactures, and sells energy efficiency technology solutions in the Americas, the Middle East, Africa, Asia, and Europe. The company operates through Water and Emerging Technologies segments. The company offers high and low pressure, and ultra pressure exchangers; AT and LPT hydraulic turbochargers; and high-pressure feed and circulation booster pumps for use in seawater and brackish desalination, and wastewater treatment.