Energy Recovery (ERII)
Energy Recovery Beneish M-Score: -3.213
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ERII Beneish M-Score Rankings
| Overall | 80th percentile | 748 of 3761 |
| Sector | 95th percentile | 15 of 303 in Industrial Goods |
| Industry | 88th percentile | 1 of 9 in Pollution & Treatment Controls |
ERII Beneish M-Score Range, Past 5 Years
| Minimum | -3.213 | Dec 2011 |
| Maximum | 0.8926 | Dec 2009 |
| Average | -1.166 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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ERII News
Listen to $ERII Q1 2012 earnings call - live at 11:00 AM, ondemand after - http://stks.co/3eNm
about 26 days ago by earningscast
about 26 days ago by earningscast
Energy Recovery, Inc. (ERII) Posts Wider than Expected Q1 Loss of 9c/Share
May 02, 5:22PM Street Insider
May 02, 5:22PM Street Insider
Energy Recovery Reports Financial Results for the First Quarter of 2012
May 02, 5:21PM GlobeNewswire
May 02, 5:21PM GlobeNewswire
ERI Technology Helps Power Up China with Two Million Gallons of Water Per Day
Mar 29, 10:09AM Thomson Reuters ONE
Mar 29, 10:09AM Thomson Reuters ONE
Press Release Correction Notice to "Egyptian Armed Forces Tap into PX Technology for Country's Largest Desalination Facility"
Mar 26, 8:03AM Thomson Reuters ONE
Mar 26, 8:03AM Thomson Reuters ONE
$ERII forms bearish "Symmetrical Continuation Triangle" chart pattern. http://stks.co/3207
about 68 days ago by RecogniaEvents
about 68 days ago by RecogniaEvents
Egyptian Armed Forces Tap into PX Technology for Country's Largest Desalination Facility
Mar 22, 8:03AM Thomson Reuters ONE
Mar 22, 8:03AM Thomson Reuters ONE
UPDATE - Wedbush Upgrades Energy Recovery (ERII) to Neutral; Off the Bottom, But Are Investors Waiting For A Suitor?
Mar 13, 2:39PM Street Insider
Mar 13, 2:39PM Street Insider
Energy Recovery (ERII) Shares Move Higher as Wedbush Upgrades to Neutral
Mar 13, 12:39PM Street Insider
Mar 13, 12:39PM Street Insider
Listen to $ERII Q4 2011 earnings call - live at 04:30 PM, ondemand after - http://stks.co/2kCZ
about 82 days ago by earningscast
about 82 days ago by earningscast
Energy Recovery Reports Unaudited Financial Results for the Fourth Quarter and Fiscal Year-End Of 2011
Mar 08, 4:05PM GlobeNewswire
Mar 08, 4:05PM GlobeNewswire
ERI Awarded its Second Largest Desalination Contract for One of the World's Five Largest RO Plants
Mar 06, 8:05AM Thomson Reuters ONE
Mar 06, 8:05AM Thomson Reuters ONE
ERI WINS TWO DESALINATION CONTRACTS FOR MAJOR MINING PLANTS IN CHILE
Mar 01, 8:15AM Thomson Reuters ONE
Mar 01, 8:15AM Thomson Reuters ONE
ERI Awarded PX Technology Contract for Israel's Largest Desalination Expansion Project
Feb 28, 8:03AM Thomson Reuters ONE
Feb 28, 8:03AM Thomson Reuters ONE
$ERII Failed to take out 200 day at 2.85 today. Big volume came in last 15 mins today. On watch for tomorrow.
about 152 days ago by Random_Walk
about 152 days ago by Random_Walk
$ERII http://stks.co/1Luv 50& 200 meeting,10 headed up to join them,increased volume
about 180 days ago by Tr8r_x
about 180 days ago by Tr8r_x
$ERII Price crossed below 200 day SMA (2.904). Confirmed by volume.
about 181 days ago by TradeIdeasQuant
about 181 days ago by TradeIdeasQuant
$ERII Price crossed above 200 day SMA (2.904). Confirmed by volume.
about 181 days ago by TradeIdeasQuant
about 181 days ago by TradeIdeasQuant
$ERII http://stks.co/lp6 Hammer candle. Poking out of a range. Needs volume.
about 218 days ago by VexTrades
about 218 days ago by VexTrades
$ERII http://stks.co/cEC Nice upward moving support line. Bullish engulfing candle at the 200MA.
about 229 days ago by VexTrades
about 229 days ago by VexTrades
$ERII http://stks.co/Rde Update. Still holding that flag at the 200MA. Keep watch. Tight stop.
about 241 days ago by VexTrades
about 241 days ago by VexTrades
$ERII http://stks.co/QRU Bull flag right at the 200MA. Volume expansion. Needs to get over today's high of $3.15.
about 243 days ago by VexTrades
about 243 days ago by VexTrades
$ERII http://stks.co/Lhy Current chart, Big push today, 10,20 ready to cross with 50, 200 overhead
about 249 days ago by Tr8r_x
about 249 days ago by Tr8r_x
$ERII http://stks.co/Lhu Big push today, 10 & 20 ready to cross up above 50
about 249 days ago by Tr8r_x
about 249 days ago by Tr8r_x
$ERII and $AMSC making nice comebacks from lows - shoulda coulda woulda
about 336 days ago by TheBalancedBull
about 336 days ago by TheBalancedBull
$ERII was talked about in one recent Motley Fool letter among other water related stocks.
about 405 days ago by PrinceCove
about 405 days ago by PrinceCove
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ERII | 2.23 | +0.04 | +1.83% | 115.30M |
| ERIE | 72.07 | +0.36 | +0.50% | 3.423B |
| ERIC | 8.86 | +0.28 | +3.26% | 27.54B |
| ERH | 11.14 | +0.01 | +0.09% | |
| ERF | 13.91 | +0.27 | +1.98% | 2.672B |
| EQT | 47.24 | +0.34 | +0.72% | 7.022B |
| EQS | 2.06 | +0.01 | +0.49% | |
| FLL | 2.96 | -0.02 | -0.63% | 55.26M |
| FLIR | 21.61 | +0.30 | +1.41% | 3.283B |
| FLIC | 27.31 | +0.05 | +0.18% | 240.98M |