Energy Recovery (NASDAQ:ERII) Issues FY 2026 Earnings Guidance

Energy Recovery (NASDAQ:ERII) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.500-0.700 for the period, compared to the consensus earnings per share estimate of 0.750. The company issued revenue guidance of $115.0 million-$140.0 million, compared to the consensus revenue estimate of $159.1 million.

Energy Recovery Price Performance

Energy Recovery stock traded up $0.05 during mid-day trading on Wednesday, hitting $16.12. 444,909 shares of the company were exchanged, compared to its average volume of 307,653. Energy Recovery has a 12-month low of $10.86 and a 12-month high of $18.32. The company has a market capitalization of $853.88 million, a P/E ratio of 47.41 and a beta of 1.09. The business’s 50 day simple moving average is $14.64 and its two-hundred day simple moving average is $14.91.

Energy Recovery (NASDAQ:ERII) last posted its quarterly earnings data on Wednesday, February 25th. The industrial products company reported $0.53 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.14). Energy Recovery had a net margin of 14.44% and a return on equity of 10.09%. Energy Recovery has set its FY 2026 guidance at 0.500-0.700 EPS. Equities research analysts predict that Energy Recovery will post 0.36 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ERII has been the subject of a number of recent research reports. Loop Capital set a $18.20 price target on shares of Energy Recovery in a report on Monday, November 10th. B. Riley Financial reaffirmed a “neutral” rating on shares of Energy Recovery in a research report on Thursday, November 6th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Energy Recovery in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $17.07.

Insider Activity

In related news, insider William Yeung sold 7,271 shares of the firm’s stock in a transaction that occurred on Wednesday, January 28th. The shares were sold at an average price of $14.55, for a total value of $105,793.05. Following the transaction, the insider owned 90,098 shares in the company, valued at approximately $1,310,925.90. This trade represents a 7.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Arve Hanstveit sold 15,000 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $14.97, for a total transaction of $224,550.00. Following the sale, the director owned 640,220 shares of the company’s stock, valued at approximately $9,584,093.40. This represents a 2.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 25,260 shares of company stock worth $374,213 over the last ninety days. Corporate insiders own 3.20% of the company’s stock.

Institutional Trading of Energy Recovery

Large investors have recently added to or reduced their stakes in the stock. Wexford Capital LP acquired a new position in shares of Energy Recovery during the third quarter worth about $27,000. Parallel Advisors LLC purchased a new stake in shares of Energy Recovery during the 4th quarter valued at about $38,000. Tower Research Capital LLC TRC lifted its position in Energy Recovery by 172.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,011 shares of the industrial products company’s stock worth $77,000 after acquiring an additional 3,803 shares in the last quarter. Man Group plc purchased a new position in Energy Recovery in the 3rd quarter worth approximately $162,000. Finally, Envestnet Asset Management Inc. purchased a new stake in shares of Energy Recovery during the third quarter valued at approximately $184,000. 83.58% of the stock is currently owned by institutional investors and hedge funds.

About Energy Recovery

Energy Recovery, Inc (NASDAQ: ERII) is an energy technology company specializing in the design and manufacture of high-efficiency devices that capture and repurpose energy in fluid-handling applications. The company’s core offering, the Pressure Exchanger® (PX®) device, enables seawater reverse osmosis (SWRO) desalination plants to recover and reuse hydraulic energy that would otherwise be lost during brine discharge. By integrating PX technology into desalination processes, Energy Recovery helps operators significantly reduce the energy consumption and operating costs of producing fresh water from seawater or brackish sources.

In addition to desalination solutions, Energy Recovery has expanded its portfolio to serve the oil and gas sector through turbocharger systems that improve the energy efficiency of hydraulic fracturing operations.