Energy Recovery Future Growth

Future criteria checks 4/6

Energy Recovery is forecast to grow earnings and revenue by 34.1% and 19.7% per annum respectively. EPS is expected to grow by 33.9% per annum. Return on equity is forecast to be 12.4% in 3 years.

Key information

34.1%

Earnings growth rate

33.9%

EPS growth rate

Machinery earnings growth	9.7%
Revenue growth rate	19.7%
Future return on equity	12.4%
Analyst coverage	Low
Last updated	01 Aug 2024

Recent future growth updates

Recent updates

Energy Recovery, Inc.'s (NASDAQ:ERII) Earnings Haven't Escaped The Attention Of Investors

Apr 09

Returns At Energy Recovery (NASDAQ:ERII) Appear To Be Weighed Down

Mar 22

Is Now The Time To Look At Buying Energy Recovery, Inc. (NASDAQ:ERII)?

Feb 24

Energy Recovery Is Close To Fair Value, But I Wait For Lower Prices

Feb 22

Energy Recovery: Operating In Vital Markets But Lacking Appealing Value

Jan 27

Some Investors May Be Worried About Energy Recovery's (NASDAQ:ERII) Returns On Capital

Nov 20

Is Energy Recovery, Inc. (NASDAQ:ERII) Potentially Undervalued?

Oct 08

Returns On Capital At Energy Recovery (NASDAQ:ERII) Paint A Concerning Picture

Aug 04

Is Now An Opportune Moment To Examine Energy Recovery, Inc. (NASDAQ:ERII)?

Jul 10

Is There An Opportunity With Energy Recovery, Inc.'s (NASDAQ:ERII) 47% Undervaluation?

May 08

Is Now The Time To Put Energy Recovery (NASDAQ:ERII) On Your Watchlist?

Apr 02

Is Now An Opportune Moment To Examine Energy Recovery, Inc. (NASDAQ:ERII)?

Nov 24

Energy Recovery (NASDAQ:ERII) Might Have The Makings Of A Multi-Bagger

Oct 03

Calculating The Fair Value Of Energy Recovery, Inc. (NASDAQ:ERII)

Sep 01

ERII: Investors Cheer IRA Bill And VorTeq's Exit

Aug 08

What Does Energy Recovery, Inc.'s (NASDAQ:ERII) Share Price Indicate?

Jul 25

Energy Recovery: A Novel Solution But At An Unreasonable Price

Jun 19

Returns At Energy Recovery (NASDAQ:ERII) Are On The Way Up

Jun 13

Earnings and Revenue Growth Forecasts

NasdaqGS:ERII - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	222	45	40	30	2
12/31/2025	174	33	40	44	4
12/31/2024	146	20	12	37	4
6/30/2024	134	21	33	36	N/A
3/31/2024	127	20	21	24	N/A
12/31/2023	128	22	23	26	N/A
9/30/2023	113	15	16	19	N/A
6/30/2023	107	11	7	10	N/A
3/31/2023	106	10	20	23	N/A
12/31/2022	126	24	8	13	N/A
9/30/2022	117	16	8	13	N/A
6/30/2022	107	12	3	9	N/A
3/31/2022	108	15	4	12	N/A
12/31/2021	104	14	7	14	N/A
9/30/2021	97	12	8	14	N/A
6/30/2021	103	17	24	29	N/A
3/31/2021	126	33	17	23	N/A
12/31/2020	119	26	10	17	N/A
9/30/2020	112	22	7	15	N/A
6/30/2020	110	22	-2	5	N/A
3/31/2020	89	9	-2	5	N/A
12/31/2019	87	11	-2	5	N/A
9/30/2019	85	14	-10	-2	N/A
6/30/2019	83	13	1	9	N/A
3/31/2019	81	25	2	8	N/A
12/31/2018	75	22	2	8	N/A
9/30/2018	80	33	12	15	N/A
6/30/2018	75	32	2	7	N/A
3/31/2018	68	17	N/A	1	N/A
12/31/2017	69	18	N/A	3	N/A
9/30/2017	63	8	N/A	0	N/A
6/30/2017	59	4	N/A	-2	N/A
3/31/2017	58	3	N/A	0	N/A
12/31/2016	58	4	N/A	5	N/A
9/30/2016	53	-2	N/A	79	N/A
6/30/2016	53	-2	N/A	78	N/A
3/31/2016	50	-5	N/A	70	N/A
12/31/2015	45	-12	N/A	69	N/A
9/30/2015	43	-17	N/A	-11	N/A
6/30/2015	36	-22	N/A	-11	N/A
3/31/2015	32	-23	N/A	1	N/A
12/31/2014	30	-19	N/A	-4	N/A
9/30/2014	39	-7	N/A	-1	N/A
6/30/2014	38	-5	N/A	4	N/A
3/31/2014	41	-2	N/A	0	N/A
12/31/2013	43	-3	N/A	2	N/A
9/30/2013	35	-12	N/A	0	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ERII's forecast earnings growth (34.1% per year) is above the savings rate (2.5%).

Earnings vs Market: ERII's earnings (34.1% per year) are forecast to grow faster than the US market (15.1% per year).

High Growth Earnings: ERII's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ERII's revenue (19.7% per year) is forecast to grow faster than the US market (8.8% per year).

High Growth Revenue: ERII's revenue (19.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ERII's Return on Equity is forecast to be low in 3 years time (12.4%).

Energy Recovery Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Energy Recovery, Inc. Reaffirms Revenue Guidance for the Full Year 2024

Consensus EPS estimates fall by 17%

Consensus EPS estimates increase by 31%

Price target decreased by 17% to US$25.25

Price target increased by 8.1% to US$30.00

Price target increased by 8.8% to US$27.75

Recent updates

Energy Recovery (NASDAQ:ERII) Has Some Way To Go To Become A Multi-Bagger

New minor risk - Shareholder dilution

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Energy Recovery, Inc. Reaffirms Revenue Guidance for the Full Year 2024

Energy Recovery, Inc. to Report Q2, 2024 Results on Jul 31, 2024

Investor sentiment improves as stock rises 16%

Estimating The Fair Value Of Energy Recovery, Inc. (NASDAQ:ERII)

Independent Director recently sold US$264k worth of stock

Independent Director notifies of intention to sell stock

Now 23% undervalued after recent price drop

Energy Recovery, Inc. Announces Appointment of Matt Hostetler as Chief Human Resources Officer

Director notifies of intention to sell stock

Energy Recovery's Challenged Q1 Was Expected, But Caution Ahead

President recently bought US$141k worth of stock

Independent Director notifies of intention to sell stock

Consensus EPS estimates fall by 17%

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Energy Recovery, Inc., Annual General Meeting, Jun 06, 2024

Energy Recovery, Inc.'s (NASDAQ:ERII) Earnings Haven't Escaped The Attention Of Investors

Energy Recovery, Inc. to Report Q1, 2024 Results on May 01, 2024

Returns At Energy Recovery (NASDAQ:ERII) Appear To Be Weighed Down

Director exercised options and sold US$976k worth of stock

President recently bought US$167k worth of stock

Independent Director notifies of intention to sell stock

Is Now The Time To Look At Buying Energy Recovery, Inc. (NASDAQ:ERII)?

Full year 2023 earnings: EPS and revenues miss analyst expectations

Joshua Ballard to Step Down as Chief Financial Officer of Energy Recovery

Energy Recovery Is Close To Fair Value, But I Wait For Lower Prices

Joshua Ballard to Step Down as Chief Financial Officer of Energy Recovery

Energy Recovery: Operating In Vital Markets But Lacking Appealing Value

Energy Recovery, Inc. to Report Q4, 2023 Results on Feb 21, 2024

Energy Recovery Appoints David Moon as President

Chief Financial Officer exercised options and sold US$137k worth of stock

Some Investors May Be Worried About Energy Recovery's (NASDAQ:ERII) Returns On Capital

Director exercised options to buy US$1.4m worth of stock.

Director recently sold US$2.2m worth of stock

Director notifies of intention to sell stock

Consensus EPS estimates increase by 31%

New minor risk - Share price stability

Price target decreased by 17% to US$25.25

Investor sentiment deteriorates as stock falls 18%

Energy Recovery, Inc. Appoints David Moon as Interim Chief Executive Officer

Is Energy Recovery, Inc. (NASDAQ:ERII) Potentially Undervalued?

Energy Recovery, Inc. to Report Q3, 2023 Results on Nov 01, 2023

Now 21% undervalued after recent price drop

Insider recently sold US$1.1m worth of stock

Senior Vice President of Water notifies of intention to sell stock

Returns On Capital At Energy Recovery (NASDAQ:ERII) Paint A Concerning Picture

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target increased by 8.1% to US$30.00

Energy Recovery, Inc. to Report Q2, 2023 Results on Aug 02, 2023

Energy Recovery, Inc. to Report Q2, 2023 Results on Aug 02, 2023

Is Now An Opportune Moment To Examine Energy Recovery, Inc. (NASDAQ:ERII)?

Energy Recovery, Inc.(NasdaqGS:ERII) dropped from Russell 2000 Dynamic Index

Independent Director recently sold US$413k worth of stock

Independent Director notifies of intention to sell stock

Price target increased by 8.8% to US$27.75

Price target increased by 9.1% to US$27.00

Consensus EPS estimates increase by 18%

Is There An Opportunity With Energy Recovery, Inc.'s (NASDAQ:ERII) 47% Undervaluation?

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Is Now The Time To Put Energy Recovery (NASDAQ:ERII) On Your Watchlist?

Senior Vice President of Water notifies of intention to sell stock

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Chief Financial Officer notifies of intention to sell stock

Chief Financial Officer notifies of intention to sell stock

Chief Technology Officer recently sold US$95k worth of stock

Energy Recovery, Inc. to Report Q4, 2022 Results on Feb 22, 2023

ERI Takes Operational Efficiency to New Heights with Proprietary SOAR System