Energy Recovery, Inc. (ERII) EPS Estimated At $0.04

October 14, 2018 - By Lawrence Diaz

Energy Recovery, Inc. (NASDAQ:ERII) LogoInvestors sentiment decreased to 1.03 in 2018 Q2. Its down 0.07, from 1.1 in 2018Q1. It is negative, as 8 investors sold Energy Recovery, Inc. shares while 30 reduced holdings. 15 funds opened positions while 24 raised stakes. 17.89 million shares or 1.53% less from 18.16 million shares in 2018Q1 were reported.
Commercial Bank Of America De reported 12,542 shares. 444,565 are owned by Northern. 44,620 are held by Corecommodity Ltd Llc. One Trading Limited Partnership reported 0% of its portfolio in Energy Recovery, Inc. (NASDAQ:ERII). Royal Natl Bank Of Canada reported 11,043 shares or 0% of all its holdings. Fuller & Thaler Asset Mgmt stated it has 278,304 shares or 0.02% of all its holdings. Neuberger Berman Group Incorporated Ltd Liability Company, a New York-based fund reported 60,000 shares. Gabelli Funds Ltd Liability Com reported 80,000 shares. Jefferies Gru Llc accumulated 11,119 shares. Citadel Advsrs Ltd Liability Com has 0% invested in Energy Recovery, Inc. (NASDAQ:ERII). Principal Finance Gru reported 445,258 shares. Teton Inc accumulated 68,000 shares. 683 Cap Management Ltd Liability Co stated it has 0.6% in Energy Recovery, Inc. (NASDAQ:ERII). Cadence Capital Lc has 0.11% invested in Energy Recovery, Inc. (NASDAQ:ERII) for 220,176 shares. 55,600 are owned by Sfe Invest Counsel.

Since June 19, 2018, it had 0 insider purchases, and 1 sale for $293,580 activity.

Analysts expect Energy Recovery, Inc. (NASDAQ:ERII) to report $0.04 EPS on November, 7.They anticipate $0.01 EPS change or 33.33 % from last quarter’s $0.03 EPS. ERII’s profit would be $2.14 million giving it 48.81 P/E if the $0.04 EPS is correct. After having $0.07 EPS previously, Energy Recovery, Inc.’s analysts see -42.86 % EPS growth. The stock increased 0.26% or $0.02 during the last trading session, reaching $7.81. About 176,610 shares traded. Energy Recovery, Inc. (NASDAQ:ERII) has risen 29.80% since October 14, 2017 and is uptrending. It has outperformed by 14.18% the S&P500.

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 $418.46 million. The firm operates through Water and Oil & Gas divisions. It has a 16.58 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.

Another recent and important Energy Recovery, Inc. (NASDAQ:ERII) news was published by Nasdaq.com which published an article titled: “Market Trends Toward New Normal in Select Medical, Matador Resources, EPR Properties, Energy Recovery, Hilton …” on October 12, 2018.

Energy Recovery, Inc. (NASDAQ:ERII) Institutional Positions Chart

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