Financial

Analyst Projected Earnings Estimates: Energy Recovery, Inc. (NASDAQ:ERII)

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Energy Recovery, Inc. (NASDAQ:ERII) surged +1.25% and closed the trade at $ 14.57. The company recorded a trading capacity of 1 million shares above its three months average daily volume of 596.09 thousand shares. During the last trade, shares reached to high price of $14.73 and touched the low price of $14.01. The stock’s 50-day moving average is noted at $12.21 and its 200-day moving average is stands at $10.67.

Additionally, the company has EPS of -0.03. The company has market capitalization of $758.43M.

Currently Energy Recovery, Inc. (ERII) captured an average recommendation of “ Overweight ” from analysts, according to FactSet data. The stock has been suggested as “Buy” from “3″ Analysts”. “0” rated “Sell” for the company. “1” said the company as a “Hold”. Overweight rating was given by “0” and Underweight rating was given by “0”.

Analysts are expecting that the company to achieve $15.75 Price Target in next 52-weeks, average price is come up through the consensus of analysts. High potential price target is set at $20.00 however minimum price target advised by analysts is $12.00. The Median price target for the stock is measured at $15.50.

Presently, Analysts decided consensus EPS estimate of $0.17 for present quarter and one month ago projected EPS estimate was at $0.21. If we take a look at back 3 month ago, consensus EPS estimate was $0.11.

A current consensus EPS estimate for next quarter is at $0.52 and 3 month ago EPS forecast was $0.66. Have a look at back 1 month ago, consensus EPS forecast was seen at $0.54.

For current fiscal year, most recent EPS estimate is set at $0.66 based on Analyst consensus and three month ago consensus EPS opinions was at $0.66. During period one month ago, consensus EPS forecast was decided at $0.73.

A current consensus EPS projection for next fiscal year is observed at $0.36 and one month ago consensus EPS forecast was at $0.30. Take a look at back three month ago, consensus EPS estimate opinions was decided at $0.25 by analysts.

One Month ago, the stock has gained consensus mean rating of Overweight based on the analysis of brokerage analyst firms polled. 3 presented the recommendations about the stock as a “Buy” signal and “Overweight” signal was reported by 0. 1 advised the “Hold” rating about this stock. 0 revealed “Sell” signal and “Underweight” rating was declared by 0.

Three Months Ago, Analysts recommended an average brokerage rating of Overweight derived from brokerage firms, according to FactSet. 2 said a “Buy Rating” and 0 announced “Overweight Rating”. 1 advised “Hold Rating” regarding the stock. 0 announced “Sell Rating” and 0 disclosed “Underweight Rating”.

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