Professional
Added to YB: 2024-08-29
Pitch date: 2024-08-28
ERII [bullish]
Energy Recovery, Inc.
-13.04%
current return
Author Info
No bio for this author
Company Info
Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells energy efficiency technology solutions in the United States, North, South and Latin America, the Middle East, Northern Africa, Asia, and Europe.
Market Cap
$770.7M
Pitch Price
$16.64
Price Target
N/A
Dividend
N/A
EV/EBITDA
25.42
P/E
40.80
EV/Sales
5.25
Sector
Machinery
Category
growth
Conestoga Capital New Portfolio Holding: Energy Recovery, Inc
ERII: Leader in energy efficiency tech, PX recycles energy at 98% efficiency, saving up to 60% energy. Strong position in desalination market with secular tailwinds due to water scarcity. UN estimates 40% freshwater supply gap by 2030. Expanding into wastewater and refrigeration industries.
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