Press coverage about Energy Recovery (NASDAQ:ERII) has trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Energy Recovery earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 46.6676023561024 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:

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ERII has been the topic of a number of recent research reports. Zacks Investment Research lowered shares of Energy Recovery from a “strong-buy” rating to a “sell” rating in a research note on Monday, January 8th. BidaskClub lowered shares of Energy Recovery from a “hold” rating to a “sell” rating in a research note on Friday, January 19th. B. Riley raised their price objective on shares of Energy Recovery from $16.00 to $20.00 and gave the company a “buy” rating in a research note on Wednesday, November 8th. ValuEngine raised shares of Energy Recovery from a “sell” rating to a “hold” rating in a research note on Thursday, November 2nd. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $14.00 price objective on shares of Energy Recovery in a research note on Wednesday, December 20th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $15.63.

Energy Recovery (NASDAQ:ERII) opened at $7.92 on Tuesday. Energy Recovery has a 12-month low of $6.13 and a 12-month high of $11.30. The firm has a market cap of $424.47, a PE ratio of 132.00 and a beta of 5.73.

Energy Recovery (NASDAQ:ERII) last released its quarterly earnings results on Wednesday, November 1st. The industrial products company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.31). Energy Recovery had a net margin of 7.78% and a return on equity of 5.75%. The firm had revenue of $15.08 million for the quarter, compared to the consensus estimate of $14.64 million. During the same period in the previous year, the business earned ($0.01) earnings per share. The firm’s revenue for the quarter was up 22.9% on a year-over-year basis. equities analysts anticipate that Energy Recovery will post 0.05 EPS for the current fiscal year.

In related news, VP Andrew B. Stroud, Jr. sold 7,117 shares of the firm’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $11.00, for a total transaction of $78,287.00. Following the transaction, the vice president now directly owns 32,398 shares of the company’s stock, valued at $356,378. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Hans Peter Michelet sold 50,000 shares of the firm’s stock in a transaction dated Friday, December 22nd. The shares were sold at an average price of $8.91, for a total transaction of $445,500.00. The disclosure for this sale can be found here. Insiders have sold 59,117 shares of company stock worth $545,787 over the last three months. 23.60% of the stock is owned by insiders.

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Energy Recovery Company Profile

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.

Insider Buying and Selling by Quarter for Energy Recovery (NASDAQ:ERII)

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