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

October 14, 2018 - By Linda Rogers

Energy Recovery, Inc. (NASDAQ:ERII) LogoInvestors sentiment decreased to 1.03 in Q2 2018. Its down 0.07, from 1.1 in 2018Q1. It dived, 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.
First Trust Advsrs Lp holds 563,416 shares. State Street Corporation accumulated 650,129 shares. Lpl Lc has invested 0% of its portfolio in Energy Recovery, Inc. (NASDAQ:ERII). Quinn Opportunity Prtnrs Limited Liability Corp holds 15,000 shares. Bnp Paribas Arbitrage Sa has 1,406 shares for 0% of their portfolio. 180,689 are owned by Deutsche National Bank & Trust Ag. Moreover, Vanguard Group Inc Incorporated has 0% invested in Energy Recovery, Inc. (NASDAQ:ERII). Trigran Inc invested in 283,695 shares or 0.47% of the stock. 78,351 are held by Tiaa Cref Inv Limited Liability Com. Encompass Advsrs Limited Liability Co stated it has 818,049 shares. Voya Invest Mngmt Ltd Liability Corporation holds 0% in Energy Recovery, Inc. (NASDAQ:ERII) or 15,355 shares. Teton Advsr holds 0.05% of its portfolio in Energy Recovery, Inc. (NASDAQ:ERII) for 68,000 shares. Invesco holds 669,711 shares or 0% of its portfolio. Comml Bank Of Mellon reported 128,489 shares stake. Moreover, Alliancebernstein Limited Partnership has 0% invested in Energy Recovery, Inc. (NASDAQ:ERII).

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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