Headlines about Energy Recovery (NASDAQ:ERII) have trended somewhat positive recently, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Energy Recovery earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 45.6745160176366 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s scoring:
- Energy Recovery, Inc. – Value Analysis (NASDAQ:ERII) : August 1, 2017 (finance.yahoo.com)
- Investor Focus on Shares of Energy Recovery Inc (ERII) - Hayden Business Journal (haydenbusinessjournal.com)
- Watching the Indicators for Energy Recovery, Inc. (NASDAQ:ERII) - Sparta Review (spartareview.com)
- Energy Recovery, Inc. (NASDAQ:ERII) Experiences Light Trading Volume - First News 24 (firstnewspaper24.com)
- Stock Monitor: Looking at the Levels on Shares of Energy Recovery, Inc. (NASDAQ:ERII) - Sparta Review (spartareview.com)
ERII has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of Energy Recovery from a “hold” rating to a “buy” rating and set a $9.50 price objective for the company in a report on Monday, May 1st. BidaskClub upgraded shares of Energy Recovery from a “sell” rating to a “hold” rating in a report on Thursday, July 6th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $17.42.
Energy Recovery (NASDAQ ERII) opened at 7.62 on Wednesday. Energy Recovery has a 1-year low of $7.11 and a 1-year high of $16.67. The stock has a market cap of $411.37 million, a PE ratio of 162.13 and a beta of 5.52. The company’s 50 day moving average is $7.90 and its 200-day moving average is $8.38.
Energy Recovery (NASDAQ:ERII) last posted its quarterly earnings data on Wednesday, May 3rd. The industrial products company reported ($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by $0.02. The company had revenue of $12.26 million for the quarter, compared to analysts’ expectations of $15.15 million. Energy Recovery had a net margin of 4.94% and a return on equity of 4.10%. Equities research analysts forecast that Energy Recovery will post $0.68 earnings per share for the current fiscal year.
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About Energy Recovery
Energy Recovery, Inc is an energy solutions provider to industrial fluid flow markets. The Company’s solutions convert wasted pressure energy into a reusable asset and preserve or eliminate pumping technology in hostile processing environments. Its segments include Water, Oil & Gas, and Corporate. The Water Segment focuses on products sold for use in reverse osmosis water desalination.
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