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How to Buy Energy Recovery Stock

Energy Recovery Inc

Energy Recovery, Inc. , together with its subsidiaries, designs, manufactures, and sells various solutions for the seawater reverse osmosis desalination and industrial wastewater treatment industries worldwide.

Energy Recovery stock last closed at $13.04, down 10.99% from the previous day, and has decreased 41.31% in one year. It has underperformed other stocks in the Pollution & Treatment Controls industry by 0.65 percentage points. Energy Recovery stock is currently +4.74% from its 52-week low of $12.45, and -57.61% from its 52-week high of $30.76.

There are currently 57.33M ERII shares outstanding. The market capitalization of ERII is $747.59M. In the past 24 hours, 1.47M ERII shares were traded.

How to Buy Energy Recovery Stock

Wondering how to invest in Energy Recovery stock? Here's how.
  1. Choose where to buy Energy Recovery stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Energy Recovery stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Pick your payment method and add your information.
  4. Evaluate Energy Recovery stock: The Energy Recovery ticker symbol is ERII. Is Energy Recovery stock a good investment? Should you buy shares of ERII? How do ERII's underlying business fundamentals look? Do top analysts think Energy Recovery is a good buy? Why has ERII's stock price moved recently? (Hint: Our stock market research website can help you understand if ERII is a good stock to buy).
  5. Execute your ERII trade: Decide if you will purchase ERII shares at the current market price or use a limit order to buy ERII shares at a specific price.
  6. Keep an eye on your ERII investment: Create a watchlist to get live updates on your new investment in Energy Recovery stock.

Step 1: Choose where to buy Energy Recovery stock

You need a brokerage account to access the NASDAQ market and buy ERII shares.

A brokerage account allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the right brokerage, the next step is to fill out some personal info so you are able to invest in ERII stock today.

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Step 3: Fund your investment account

Now that you have created your account on the best beginner stock app, you can securely and quickly fund your account:

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Step 4: Evaluate Energy Recovery stock

After you have figured out the best place to buy Energy Recovery stock, it's critical to research their stock before you buy, so you truly comprehend the risk as well as the upside.

Energy Recovery Numbers

ERII Price
$13.04
1w %
-8.1%
1y %
-41.31%
5y %
38.72%
P/E
37.26x
P/B
3.46x
P/S
5.86x
PEG
N/A
Revenue
$127.04M
Earnings
$19.54M
Fore. Rev. Growth
16.58%
Fore. Earn. Growth
N/A
Market Cap
$747.59M
Next Earnings
Jun 6, 2024
Next Dividend
N/A

Fundamentals of Energy Recovery

WallStreetZen was built to help average investors perform more in-depth fundamental analysis quickly.

You can see all of the due diligence checks on ERII's stock page.

How is ERII stock valued?

Analysts use many financial metrics, analyses, models, and charts to gauge ERII's intrinsic value.

Using relative valuations measures:

  • ERII may be overvalued based on its P/E ratio of 37.26x, relative to Pollution & Treatment Controls industry P/E ratio of 12.19x
  • ERII may be undervalued based on its P/B ratio of 3.46x, relative to Pollution & Treatment Controls industry P/B ratio of 7.33x

You can do additional valuation research on ERII's stock here.

Is ERII a healthy company?

Pros:

  • Total ERII debt is lower than 5 years ago, relative to shareholder equity.
  • ERII has a low debt to equity ratio of 0.13.
  • ERII's operating cash flow of $23.89M allows it to safely service it's debt of $0.00.
  • ERII profit margin has gone up from 9.3% to 15.4% in the past year.
  • There are more short-term assets than long-term liabilities on the ERII balance sheet.
  • There are more short-term assets than short-term liabilities on the ERII balance sheet.
  • ERII earnings of $20.62M is not sufficient to cover its interest payments.

Is ERII stock a Buy, Hold, or Sell, according to analysts?

Out of 1 Equities analysts who research ERII, the consensus analyst rating on ERII is a Buy

Please note that analyst ratings are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are forecasting on the Energy Recovery stock forecast page.

ERII Momentum

SMA10
14.12
SMA20
14.2
SMA50
14.82
SMA100
15.96
SMA200
19.26
MACD
-0.24
MACD Signal
-0.27
MACD Histogram
0.03
RSI
34.69
Stochastic %K
58.06
Stochastic %D
68.18
StochRSI %K
60.3
StochRSI %D
84.38

ERII Growth Metrics

Last year, ERII earnings were $19.54M. In the past 5 year, ERII's earnings have gone up by -5.73% per year. This was slower than the Pollution & Treatment Controls industry average of 7.71%.

Last year, ERII revenue was $127.04M. Over the past five year, ERII's revenue has gone up by 9.55% per year. This was faster than the Pollution & Treatment Controls industry average of 5.69%.

You can research ERII's earnings and revenue performance here.

Are ERII executives and large shareholders buying or selling the stock?

Over the past year, executives and large shareholders at ERII have bought more shares than they have sold.

Joshua Ballard, Chief Financial Officer of ERII, was the latest ERII insider to sell. They sold $14,667.38 worth of ERII shares on Mar 11, 2024.

Dig into more about who owns ERII shares here.

Can I get consistent income from ERII stock?

No, Energy Recovery doesn't provide an income stream by paying out dividends.

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Step 5: Execute your ERII trade

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a particular dollar amount, use a limit order.

Hit the Open Trade button and your broker will execute your order.

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Step 6: Keep an eye on your ERII investment

Now that you own some ERII stock, you'll want to keep up with your new company.

Add ERII to a watchlist to get alerted to the latest events about your ERII stock.

ERII Feed

How to Buy Stock in Energy Recovery

To reiterate, here are the 6 steps for buying Energy Recovery stock:

  1. Choose where to buy Energy Recovery stock
  2. Create your brokerage account
  3. Fund your investment account
  4. Evaluate Energy Recovery stock
  5. Execute your ERII trade
  6. Keep an eye on your ERII investment

If you require a online brokerage, eToro is our recommended option.

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If you would like to keep tabs on your investment in Energy Recovery, click the button below.

NASDAQ: ERII
$13.04-1.61 (-10.99%)
Updated May 2, 2024
Open eToro Account
NASDAQ: ERII
$13.04-1.61 (-10.99%)
Updated May 2, 2024
Open eToro Account

FAQ

How much does it cost to buy one Energy Recovery share?

As of May 2, 2024, it costs $13.04 to buy one share of Energy Recovery stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $6, you can buy 0.46 shares of ERII.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Energy Recovery stock?

According to 1 Wall Street analysts who monitor Energy Recovery, their consensus recommendation is to buy Energy Recovery stock.

What is the best way to buy Energy Recovery stock?

One way to place an order for Energy Recovery stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.