Energy Recovery (NASDAQ:ERII) Stock

Energy Recovery

Energy Recovery Inc is an engineering-driven technology company. It is engaged in engineering, designing, manufacturing and supplying solutions that make industrial processes more efficient and sustainable. The company operates in three segments, Water, Emerging Technologies and Corporate. It offers energy recovery devices (ERDs) and pumps as well as related products and services to the global reverse osmosis desalination market. The company derives a majority of the revenue from the Water segment. Geographically, the company operates in the U.S. and other international countries.

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Energy Recovery Inc

Revealing a significant insider sell on December 17, Arve Hanstveit, Director at Energy Recovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERII#NASDAQ">ERII</a>), as per the latest SEC filing.
What Happened: Hanstveit's decision to sell 20,000 shares of Energy Recovery was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001421517/000142151724000205//Archives/edgar/data/1421517/000142151724000205/0001421517-24-000205-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total value of the sale is $337,400.
During Wednesday's morning session, Energy Recovery shares up by 0.62%, currently priced at $16.19.
<h3>Unveiling the Story Behind Energy Recovery</h3>
Energy Recovery Inc is an engineering-driven technology company. It is engaged in engineering, designing, manufacturing and supplying solutions that make industrial processes more efficient and sustainable. The company operates in three segments, Water, Emerging Technologies and Corporate. It offers energy recovery devices (ERDs) and pumps as well as related products and services to the global reverse osmosis desalination market. The company derives a majority of the revenue from the Water segment. Geographically, the company operates in the U.S. and other international countries.
<h3>Energy Recovery: A Financial Overview</h3>
Positive Revenue Trend: Examining Energy Recovery's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 4.18% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 65.08%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Energy Recovery exhibits below-average bottom-line performance with a current EPS of 0.15.
</li>
</ul>
Debt Management: Energy Recovery's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.05.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a higher-than-average P/E ratio of 48.76, Energy Recovery's stock is perceived as being overvalued in the market.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 6.85 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 40.15 reflects market recognition of Energy Recovery's value, positioning it as more highly valued compared to industry peers.
</li>
</ul>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Activity Matters in Finance</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Transaction Codes Worth Your Attention</h3>
Digging into the details of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001421517">Check Out The Full List Of Energy Recovery's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Insider Transaction: Arve Hanstveit Sells $337K Worth Of Energy Recovery Shares

Scotiabank analyst Jeff Campbell initiates coverage on Energy Recovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERII#NASDAQ">ERII</a>) with a Buy rating and announces Price Target of $22.

Price Target

Initiation

Analyst Ratings

Scotiabank Initiates Coverage On Energy Recovery with Buy Rating, Announces Price Target of $22

B. Riley Securities analyst Ryan Pfingst maintains Energy Recovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERII#NASDAQ">ERII</a>) with a Buy and lowers the price target from $22 to $20.

B. Riley Securities Maintains Buy on Energy Recovery, Lowers Price Target to $20

Evercore ISI Group analyst James West maintains Energy Recovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERII#NASDAQ">ERII</a>) with a Outperform and lowers the price target from $23 to $20.

Evercore ISI Group Maintains Outperform on Energy Recovery, Lowers Price Target to $20

Buybacks

Energy Recovery Announces Up To $50M Share Repurchase Program

Disclosed on October 30, Rodney Clemente, SVP at Energy Recovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERII#NASDAQ">ERII</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: After conducting a thorough analysis, Clemente sold 6,505 shares of Energy Recovery. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001421517/000142151724000196//Archives/edgar/data/1421517/000142151724000196/0001421517-24-000196-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total transaction value is $116,946.
Monitoring the market, Energy Recovery's shares down by 0.0% at $17.58 during Thursday's morning.
<h3>Delving into Energy Recovery's Background</h3>
Energy Recovery Inc is an engineering-driven technology company. It is engaged in engineering, designing, manufacturing and supplying solutions that make industrial processes more efficient and sustainable. The company operates in three segments, Water, Emerging Technologies and Corporate. It offers energy recovery devices (ERDs) and pumps as well as related products and services to the global reverse osmosis desalination market. The company derives a majority of the revenue from the Water segment. Geographically, the company operates in the U.S. and other international countries.
<h3>Energy Recovery: A Financial Overview</h3>
Positive Revenue Trend: Examining Energy Recovery's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 31.25% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 64.58%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Energy Recovery's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of -0.01.
</li>
</ul>
Debt Management: Energy Recovery's debt-to-equity ratio is below the industry average. With a ratio of 0.06, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Assessing Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a higher-than-average P/E ratio of 50.97, Energy Recovery's stock is perceived as being overvalued in the market.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 7.78 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 41.59 positions the company as being more valued compared to industry benchmarks.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Navigating the Impact of Insider Transactions on Investments</h3>
Insider transactions contribute to decision-making but should be supplemented by a comprehensive investment analysis.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Breaking Down the Significance of Transaction Codes</h3>
In the domain of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their focus to those taking place in the open market, as meticulously outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001421517">Check Out The Full List Of Energy Recovery's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Energy Recovery SVP Sold $116K In Company Stock

It was reported on October 30, that Farshad Ghasripoor, Chief Technology Officer at Energy Recovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERII#NASDAQ">ERII</a>) executed a significant insider sell, according to an SEC filing.
What Happened: Ghasripoor's recent move involves selling 10,526 shares of Energy Recovery. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001421517/000142151724000197//Archives/edgar/data/1421517/000142151724000197/0001421517-24-000197-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value is $189,120.
Tracking the Thursday's morning session, Energy Recovery shares are trading at $17.58, showing a down of 0.0%.
<h3>About Energy Recovery</h3>
Energy Recovery Inc is an engineering-driven technology company. It is engaged in engineering, designing, manufacturing and supplying solutions that make industrial processes more efficient and sustainable. The company operates in three segments, Water, Emerging Technologies and Corporate. It offers energy recovery devices (ERDs) and pumps as well as related products and services to the global reverse osmosis desalination market. The company derives a majority of the revenue from the Water segment. Geographically, the company operates in the U.S. and other international countries.
<h3>Energy Recovery's Financial Performance</h3>
Revenue Growth: Over the 3 months period, Energy Recovery showcased positive performance, achieving a revenue growth rate of 31.25% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: With a high gross margin of 64.58%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): Energy Recovery's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of -0.01.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.06, Energy Recovery adopts a prudent financial strategy, indicating a balanced approach to debt management.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: Energy Recovery's current Price to Earnings (P/E) ratio of 50.97 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 7.78, Energy Recovery's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an impressive EV/EBITDA ratio of 41.59, Energy Recovery demonstrates exemplary market valuation, surpassing industry averages.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Importance of Insider Transactions</h3>
Insider transactions are not the sole determinant of investment choices, but they are a factor worth considering.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>A Closer Look at Important Transaction Codes</h3>
Digging into the details of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001421517">Check Out The Full List Of Energy Recovery's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Selling: Farshad Ghasripoor Unloads $189K Of Energy Recovery Stock

Energy Recovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERII#NASDAQ">ERII</a>) reported quarterly earnings of $0.21 per share which beat the analyst consensus estimate of $0.09 by 133.33 percent. This is a 5 percent increase over earnings of $0.20 per share from the same period last year. The company reported quarterly sales of $38.584 million which missed the analyst consensus estimate of $39.107 million by 1.34 percent. This is a 4.18 percent increase over sales of $37.036 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Energy Recovery Q3 2024 Adj. EPS $0.21 Beats $0.09 Estimate, Sales $38.584M Miss $39.107M Estimate

Energy Recovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERII#NASDAQ">ERII</a>) today announced contract awards totaling over $12 million for its <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fenergyrecovery.com%2Fpx-technology%2F&amp;esheet=54137159&amp;newsitemid=20241017158211&amp;lan=en-US&amp;anchor=PX%26%23174%3B+Pressure+Exchanger%26%23174%3B&amp;index=1&amp;md5=4271d92089f4c26495a8aa47618dc6f6">PX&#xAE; Pressure Exchanger&#xAE;</a> (PX) energy recovery devices for three seawater reverse osmosis (SWRO) desalination projects in the United Arab Emirates. The plants include capacity totaling close to 1 million cubic meters per day, and the orders are expected to ship by Q4 2024. These contracts have previously been reported in the company's financial guidance.

Contracts

Energy Recovery Awarded More Than $12M In Desalination Contracts In The United Arab Emirates; These Contracts Have Previously Been Reported In The Company's Financial Guidance

A substantial insider activity was disclosed on August 21, as Buehler, Board Member at Energy Recovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERII#NASDAQ">ERII</a>), reported the exercise of a large sell of company stock options.
What Happened: A notable Form 4 filing on Wednesday with the <a href="https://www.sec.gov/Archives/edgar/data/0001421517/000142151724000180//Archives/edgar/data/1421517/000142151724000180/0001421517-24-000180-index.htm">U.S. Securities and Exchange Commission</a> revealed that Buehler, Board Member at Energy Recovery, exercised stock options for 19,841 shares of ERII, resulting in a transaction value of $302,773.
Energy Recovery shares are trading down 0.0% at $18.18 at the time of this writing on Thursday morning. Since the current price is $18.18, this makes Buehler's 19,841 shares worth $302,773.
<h3>All You Need to Know About Energy Recovery</h3>
Energy Recovery Inc is an engineering-driven technology company. It is engaged in engineering, designing, manufacturing and supplying solutions that make industrial processes more efficient and sustainable. The company operates in three segments, Water, Emerging Technologies and Corporate. It offers energy recovery devices (ERDs) and pumps as well as related products and services to the global reverse osmosis desalination market. The company derives a majority of the revenue from the Water segment. Geographically, the company operates in the U.S. and other international countries.
<h3>Energy Recovery's Economic Impact: An Analysis</h3>
Revenue Growth: Energy Recovery's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 31.25%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Interpreting Earnings Metrics:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 64.58%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Energy Recovery exhibits below-average bottom-line performance with a current EPS of -0.01.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.06, Energy Recovery adopts a prudent financial strategy, indicating a balanced approach to debt management.
Evaluating Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Energy Recovery's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 51.94.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 7.93, Energy Recovery's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 42.45 is above the industry average, suggesting that the market values the company more highly for each unit of EBITDA. This could be attributed to factors such as strong growth prospects or superior operational efficiency.
</li>
</ul>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Pay Attention to Insider Transactions</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Understanding Crucial Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001421517">Check Out The Full List Of Energy Recovery's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Alexander J Buehler At Energy Recovery Capitalizes: Options Exercised, Resulting In $302K

Energy Recovery Signs $27.5M Contracts To Supply PX Pressure Exchanger For Seawater Desalination Projects In Morocco; Orders To Be Fulfilled In 2024

Disclosed in a recent SEC filing on August 7, Mancini, Chief Financial Officer at Energy Recovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERII#NASDAQ">ERII</a>), made a noteworthy transaction involving the exercise of company stock options.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001421517/000142151724000176//Archives/edgar/data/1421517/000142151724000176/0001421517-24-000176-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday revealed that Mancini, Chief Financial Officer at Energy Recovery in the Industrials sector, exercised stock options for 0 shares of ERII stock. The exercise price of the options was $0.0 per share.
The Thursday morning market activity shows Energy Recovery shares up by 0.31%, trading at $16.0. This implies a total value of $0 for Mancini's 0 shares.
<h3>Unveiling the Story Behind Energy Recovery</h3>
Energy Recovery Inc is an engineering-driven technology company. It is engaged in engineering, designing, manufacturing and supplying solutions that make industrial processes more efficient and sustainable. The company operates in three segments, Water, Emerging Technologies and Corporate. It offers energy recovery devices (ERDs) and pumps as well as related products and services to the global reverse osmosis desalination market. The company derives a majority of the revenue from the Water segment. Geographically, the company operates in the U.S. and other international countries.
<h3>Energy Recovery: A Financial Overview</h3>
Revenue Growth: Energy Recovery's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 31.25%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Insights into Profitability:
<ul>
<li>
Gross Margin: With a high gross margin of 64.58%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): Energy Recovery's EPS reflects a decline, falling below the industry average with a current EPS of -0.01.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.06.
Financial Valuation Breakdown:
<ul>
<li>
Price to Earnings (P/E) Ratio: Energy Recovery's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 45.57.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 6.95 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an impressive EV/EBITDA ratio of 36.76, Energy Recovery demonstrates exemplary market valuation, surpassing industry averages.
</li>
</ul>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Delving Into the Significance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Deciphering Transaction Codes in Insider Filings</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001421517">Check Out The Full List Of Energy Recovery's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options Exercise Activity Initiated By Michael S Mancini At Energy Recovery

WIIM

Energy Recovery shares are trading higher after the comapny reported better-than-expected Q2 financial results.

U.S. stocks were lower, with the Dow Jones index falling over 500 points on Thursday.
Shares of Air Products and Chemicals, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>) rose sharply during Thursday's session after the company reported better-than-expected third-quarter <a href="https://www.benzinga.com/news/earnings/24/08/40100921/air-products-q3-win-eps-surge-and-margin-expansion-set-stage-for-promising-q4">adjusted EPS results</a>.
Air Products reported third-quarter 2024 adjusted EPS of $3.20, up 7% year-over-year, beating the consensus of $3.03. Sales declined 2% YoY to $2.986 billion, missing the consensus of $3.035 billion due to 2% unfavorable currency and 1% lower energy cost pass-through.
Air Products shares jumped 11.4% to $293.82 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Lumen Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUMN#NYSE">LUMN</a>) shares surged 26.2% to $3.9750. Corning and Lumen reached a supply agreement on next-generation fiber-optic cable to support data center AI demands.</li>
<li>Exact Sciences Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXAS#NASDAQ">EXAS</a>) jumped 24.3% to $56.80 after the company reported better-than-expected second-quarter financial results. Also, the company announced an exclusive license agreement with TwinStrand Biosciences.</li>
<li>Omnicell, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OMCL#NASDAQ">OMCL</a>) gained 22.3% to $35.71 after the company reported better-than-expected second-quarter financial results and issued FY24 guidance above estimates.</li>
<li>Shake Shack Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) climbed 17.8% to $103.22 after the company reported better-than-expected second-quarter sales results.</li>
<li>Clearwater Analytics Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWAN#NASDAQ">CWAN</a>) gained 17.5% to $22.97 after the company reported better-than-expected second-quarter sales results and issued FY24 revenue guidance above estimates..</li>
<li>Concord Medical Services Holdings Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCM#NYSE">CCM</a>) jumped 15.8% to $9.12.</li>
<li>C.H. Robinson Worldwide, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHRW#NASDAQ">CHRW</a>) gained 15.1% to $102.48 after the company reported better-than-expected second-quarter adjusted EPS results.</li>
<li>Energy Recovery, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERII#NASDAQ">ERII</a>) gained 14.7% to $16.72 following upbeat quarterly results.</li>
<li>Frontdoor, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTDR#NASDAQ">FTDR</a>) gained 14.2% to $45.06 following better-than-expected second-quarter financial results.</li>
<li>Hawkins, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HWKN#NASDAQ">HWKN</a>) rose 14.1% to $118.53 following upbeat quarterly results.</li>
<li>Ranpak Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PACK#NASDAQ">PACK</a>) gained 12.7% to $8.14 after the company reported better-than-expected second-quarter EPS results.</li>
<li>Zeta Global Holdings Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NYSE">ZETA</a>) rose 12.4% to $24.07 after the company reported better-than-expected quarterly financial results and raised its FY24 revenue guidance above estimates. Additionally, Morgan Stanley and Oppenheimer raised their respective price targets on the stock.</li>
<li>Acadia Healthcare Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACHC#NASDAQ">ACHC</a>) rose 12.2% to $72.73 after the company reported better-than-expected quarterly financial results..</li>
<li>FMC Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FMC#NYSE">FMC</a>) gained 12% to $65.34 following quarterly financial results..</li>
<li>Alnylam Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALNY#NASDAQ">ALNY</a>) rose 10.6% to $262.60 after the company reported better-than-expected quarterly financial results.</li>
<li>Carvana Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) gained 9.5% to $145.82 after the company reported better-than-expected quarterly financial results.</li>
<li>Aptiv PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APTV#NYSE">APTV</a>) gained 5.8% to $73.46 after the company reported better-than-expected second-quarter adjusted EPS results and raised its FY24 adjusted EPS above estimates. Additionally, the company announced the authorization of a $5 billion share repurchase program..</li>
<li>Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) rose 5.8% to $502.20 following better-than-expected quarterly earnings.</li>
</ul>
Now Read This:<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/08/40101200/top-3-health-care-stocks-that-are-set-to-fly-this-quarter"> </a>
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/08/40101200/top-3-health-care-stocks-that-are-set-to-fly-this-quarter">Top 3 Health Care Stocks That Are Set To Fly This Quarter</a></li>
</ul>

Guidance

Energy Recovery Reaffirms FY Revenue Guidance $140M-$150M

Energy Recovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERII#NASDAQ">ERII</a>) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $(0.11) by 181.82 percent. The company reported quarterly sales of $27.199 million which beat the analyst consensus estimate of $22.876 million by 18.90 percent. This is a 31.25 percent increase over sales of $20.723 million the same period last year.

Energy Recovery Q2 2024 Adj. EPS $0.09 Beats $(0.11) Estimate, Sales $27.199M Beat $22.876M Estimate

Management

Energy Recovery Appoints Michael Mancini As Chief Financial Officer, Effective August 5, 2024; Mancini Brings Extensive Operational And Capital Markets Experience

Energy Recovery shares are trading higher after Raymond James upgraded the stock from Outperform to Strong Buy.

Raymond James analyst Pavel Molchanov upgrades Energy Recovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERII#NASDAQ">ERII</a>) from Outperform to Strong Buy and maintains the price target from $21 to $21.

Upgrades

Raymond James Upgrades Energy Recovery to Strong Buy, Maintains Price Target to $21

A substantial insider sell was reported on May 30, by Joshua Ballard, Chief Financial Officer at Energy Recovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERII#NASDAQ">ERII</a>), based on the recent SEC filing.
What Happened: Ballard's recent move involves selling 4,051 shares of Energy Recovery. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001421517/000142151724000111//Archives/edgar/data/1421517/000142151724000111/0001421517-24-000111-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The total value is $54,866.
Energy Recovery shares are trading down 0.97% at $13.29 at the time of this writing on Friday morning.
<h3>Delving into Energy Recovery's Background</h3>
Energy Recovery Inc is an engineering-driven technology company. It is engaged in engineering, designing, manufacturing and supplying solutions that make industrial processes more efficient and sustainable. The company operates in three segments, Water, Emerging Technologies and Corporate. It offers energy recovery devices (ERDs) and pumps as well as related products and services to the global reverse osmosis desalination market. The company derives a majority of the revenue from the Water segment. Geographically, the company operates in the U.S. and other international countries.
<h3>Breaking Down Energy Recovery's Financial Performance</h3>
Revenue Challenges: Energy Recovery's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -9.78%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 59.02%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Energy Recovery's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 0.35.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.06.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Energy Recovery's P/E ratio of 39.47 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 6.12 is above industry norms, reflecting an elevated valuation for Energy Recovery's stock and potential overvaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 30.15 positions the company as being more valued compared to industry benchmarks.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
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<h3>The Importance of Insider Transactions</h3>
Insider transactions contribute to decision-making but should be supplemented by a comprehensive investment analysis.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>Deciphering Transaction Codes in Insider Filings</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001421517">Check Out The Full List Of Energy Recovery's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Energy Recovery Insider Trades Send A Signal

Press Releases

Energy Recovery Signs $27.5 Million in Desalination Contracts in Morocco

Energy Recovery to Release Third Quarter 2024 Financial Results and Announces an Investor Webinar

Energy Recovery Awarded More Than $12 Million in Desalination Contracts in the United Arab Emirates

Join Energy Recovery's Live Investor Webinar and Q&A Session on November 18, 2024

Energy Recovery Showcases Exceptional Performance of PX G1300 in Commercial CO2 Refrigeration Installations

Energy Recovery Reports its Third Quarter 2024 Financial Results

Energy Recovery Announces Share Repurchase Program

Energy Recovery Wins "Breakthrough Innovation Award" at IDRA World Congress

USA Rare Earth Appoints Joshua Ballard as Chief Executive Officer

Energy Recovery to Release Fourth Quarter and Full Year 2024 Financial Results and Announces an Investor Webinar

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