Should I buy or sell CECO Environmental stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CECO Environmental in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CECO shares. View CECO analyst ratings or view top-rated stocks .

What is CECO Environmental's stock price target for 2024?

4 Wall Street analysts have issued 12-month price objectives for CECO Environmental's stock. Their CECO share price targets range from $23.00 to $30.00. On average, they predict the company's stock price to reach $26.50 in the next year. This suggests a possible upside of 18.5% from the stock's current price. View analysts price targets for CECO or view top-rated stocks among Wall Street analysts .

How have CECO shares performed in 2024?

CECO Environmental's stock was trading at $20.28 at the start of the year. Since then, CECO shares have increased by 10.3% and is now trading at $22.36. View the best growth stocks for 2024 here .

Are investors shorting CECO Environmental?

CECO Environmental saw a drop in short interest in March. As of March 31st, there was short interest totaling 1,140,000 shares, a drop of 5.8% from the March 15th total of 1,210,000 shares. Based on an average trading volume of 244,100 shares, the short-interest ratio is presently 4.7 days. Currently, 3.9% of the shares of the stock are short sold. View CECO Environmental's Short Interest .

When is CECO Environmental's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our CECO earnings forecast .

How can I listen to CECO Environmental's earnings call?

CECO Environmental will be holding an earnings conference call on Tuesday, April 30th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link .

How were CECO Environmental's earnings last quarter?

CECO Environmental Corp. (NASDAQ:CECO) announced its quarterly earnings data on Tuesday, March, 5th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.03. The firm earned $153.71 million during the quarter, compared to analyst estimates of $149.10 million. CECO Environmental had a trailing twelve-month return on equity of 11.57% and a net margin of 2.37%. During the same period in the prior year, the firm earned $0.21 EPS.

What ETFs hold CECO Environmental's stock?

ETFs with the largest weight of CECO Environmental (NASDAQ:CECO) stock in their portfolio include VanEck Environmental Services ETF (EVX) . AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC) .

What guidance has CECO Environmental issued on next quarter's earnings?

CECO Environmental updated its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $590.0 million-$610.0 million, compared to the consensus revenue estimate of $590.9 million.

Who are CECO Environmental's major shareholders?

CECO Environmental's stock is owned by many different institutional and retail investors. Top institutional shareholders include Hennessy Advisors Inc. (0.47%) and Los Angeles Capital Management LLC (0.14%). Insiders that own company stock include David B Liner, Laurie Siegel, Paul M Gohr, Ramesh Nuggihalli, Richard F Wallman and Todd R Gleason. View institutional ownership trends .

How do I buy shares of CECO Environmental?

Shares of CECO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:CECO

CECO Environmental (CECO) Stock Price, News & Analysis

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$22.36

-0.75 (-3.25%)

(As of 04/18/2024 ET)

Compare

Today's Range: $22.36
▼
$23.35
50-Day Range: $18.81
▼
$24.02
52-Week Range: $10.68
▼
$24.43

Volume: 202,539 shs
Average Volume: 243,441 shs
Market Capitalization: $779.69 million

P/E Ratio: 60.43
Dividend Yield: N/A
Price Target: $26.50

Get CECO Environmental alerts:

CECO Environmental MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 18.5% Upside
$26.50 Price Target
Short Interest: Healthy
3.88% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.91
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
$49,675 Bought Last Quarter
Proj. Earnings Growth: 54.17%
From $0.96 to $1.48 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.53 out of 5 stars

Industrial Products Sector

65th out of 163 stocks

Blowers & Fans Industry

2nd out of 3 stocks

2.5

Analyst's Opinion

Consensus Rating
CECO Environmental has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
CECO Environmental has only been the subject of 4 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
3.88% of the float of CECO Environmental has been sold short.
Short Interest Ratio / Days to Cover
CECO Environmental has a short interest ratio ("days to cover") of 4.7.
Change versus previous month
Short interest in CECO Environmental has recently decreased by 5.79%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
CECO Environmental does not currently pay a dividend.
Dividend Growth
CECO Environmental does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CECO.

2.7

News and Social Media Coverage

News Sentiment
CECO Environmental has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for CECO Environmental this week, compared to 2 articles on an average week.
Search Interest
Only 4 people have searched for CECO on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
Only 10 people have added CECO Environmental to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CECO Environmental insiders have bought more of their company's stock than they have sold. Specifically, they have bought $49,675.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
15.80% of the stock of CECO Environmental is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
68.08% of the stock of CECO Environmental is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for CECO Environmental are expected to grow by 54.17% in the coming year, from $0.96 to $1.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CECO Environmental is 60.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of CECO Environmental is 60.43, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.79.
Price to Earnings Growth Ratio
CECO Environmental has a PEG Ratio of 1.62. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
CECO Environmental has a P/B Ratio of 3.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About CECO Environmental Stock (NASDAQ:CECO)

CECO Environmental Corp. provides critical solutions in industrial air quality, industrial water treatment, and energy transition solutions worldwide. It operates in two segments: Engineered Systems and Industrial Process Solutions. The company engineers, designs, manufactures, and installs non-metallic expansion joints and flow control products, including rubber expansion joints, ducting expansion joints, and industrial pinch and duck bill valves; membrane-based industrial water and wastewater treatment systems; and provides dust and fume extraction solutions comprising consultation, design, manufacturing, installation, and service, as well as water and wastewater treatment solutions. It offers engineered and configured products and solutions, including dampers and diverters, expansion joints, selective catalytic reduction systems, severe-service and industrial cyclones, dust collectors, thermal oxidizers, filtration systems, wet and dry scrubbers, separators and coalescers, water treatment packages, metallic and non-metallic pumps, industrial silencers, and fluid handling equipment, as well as plant engineering services and engineered design build fabrication services. In addition, the company offers industrial engineered noise control solutions, including custom acoustical gen-set packages, ambient air baffles, acoustical louvres, and skid enclosures; process filtration solutions for hydrocarbon and chemical processing; and energy and water conservation systems and equipment. The company markets its products and services to natural gas processors, transmission and distribution companies, refineries, power generators, industrial manufacturing, engineering and construction companies, semiconductor manufacturers, compressor manufacturers, beverage can manufacturers, metals and minerals, and electric vehicle producers. CECO Environmental Corp. was founded in 1869 and is headquartered in Dallas, Texas.

CECO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CECO Stock News Headlines

April 16, 2024 | globenewswire.com

CECO Environmental to Release First Quarter Earnings and Host Conference Call on April 30

April 8, 2024 | investorplace.com

7 Small-Cap Stocks for the Thinking Speculator

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 8, 2024 | finance.yahoo.com

Those who invested in CECO Environmental (NASDAQ:CECO) five years ago are up 210%

April 5, 2024 | wsj.com

Ceco Environmental Corp.

March 25, 2024 | finance.yahoo.com

Why CECO Environmental Corp. (NASDAQ:CECO) Could Be Worth Watching

March 20, 2024 | msn.com

Washington software company doubles Addison office space

March 16, 2024 | finance.yahoo.com

CECO Apr 2024 15.000 call

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 11, 2024 | globenewswire.com

Ceco Environmental to Participate in the 36th Annual Roth Conference on March 18

March 10, 2024 | finance.yahoo.com

Richard Wallman Bought 27% More Shares In CECO Environmental

March 6, 2024 | realmoney.thestreet.com

Ceco Environmental should be bought on weakness, says Northland

March 6, 2024 | finance.yahoo.com

CECO Environmental Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

March 5, 2024 | seekingalpha.com

CECO Environmental Corp. 2023 Q4 - Results - Earnings Call Presentation

March 5, 2024 | investorplace.com

CECO Stock Earnings: CECO Environmental Beats EPS, Beats Revenue for Q4 2023

March 5, 2024 | seekingalpha.com

CECO Environmental Stock Tanks On Q4 Earnings, Opportunity Knocks

March 5, 2024 | washingtonpost.com

CECO: Q4 Earnings Snapshot

March 5, 2024 | nasdaq.com

Ceco Environmental Corp. Q4 Profit Decreases, but beats estimates

March 5, 2024 | msn.com

CECO Environmental beats top-line and bottom-line estimates; raises FY24 outlook

March 5, 2024 | finance.yahoo.com

CECO Environmental Corp. Reports Record Revenues and Raises 2024 Guidance

March 5, 2024 | globenewswire.com

CECO Environmental Reports Fourth Quarter and Full Year 2023 Results

March 5, 2024 | finance.yahoo.com

CECO Apr 2024 20.000 put

March 4, 2024 | finance.yahoo.com

CECO Apr 2024 22.500 put

March 4, 2024 | markets.businessinsider.com

Craig-Hallum Reaffirms Their Buy Rating on Ceco Environmental (CECO)

March 4, 2024 | msn.com

CECO Environmental Q4 2023 Earnings Preview

March 4, 2024 | markets.businessinsider.com

Ceco Environmental earnings: here's what Wall Street expects

March 4, 2024 | finance.yahoo.com

CECO Environmental (NASDAQ:CECO) Is Looking To Continue Growing Its Returns On Capital

See More Headlines

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Company Calendar

Last Earnings: 3/05/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/30/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Industrial Products
Industry: Blowers & fans
Sub-Industry: N/A
Current Symbol: NASDAQ:CECO
CUSIP: N/A
CIK: 3197
Web: www.cecoenviro.com
Phone: (214) 357-6181
Fax: 513-458-2647
Employees: 1,200
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $26.50
High Stock Price Target: $30.00
Low Stock Price Target: $23.00
Potential Upside/Downside: +18.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.37
Trailing P/E Ratio: 60.43
Forward P/E Ratio: 23.29
P/E Growth: 1.62
Net Income: $12.91 million
Net Margins: 2.37%
Pretax Margin: 3.95%
Return on Equity: 11.57%
Return on Assets: 4.51%

Debt

Debt-to-Equity Ratio: 0.53
Current Ratio: 1.39
Quick Ratio: 1.22

Sales & Book Value

Annual Sales: $544.84 million
Price / Sales: 1.43
Cash Flow: $1.08 per share
Price / Cash Flow: 20.63
Book Value: $6.82 per share
Price / Book: 3.28

Miscellaneous

Outstanding Shares: 34,870,000
Free Float: 29,360,000
Market Cap: $779.69 million
Optionable: Optionable
Beta: 1.23

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Key Executives

Mr. Todd R. Gleason (Age 53)
CEO & Director
Comp: $1.47M
Mr. Peter Kurt Johansson (Age 60)
Senior VP, Chief Financial & Strategy Officer
Comp: $503.38k
Mr. Kiril Kovachev (Age 49)
VP, Chief Accounting Officer & Global Controller
Ms. Lynn Watkins-Asiyanbi
Senior VP, General Counsel, Corporate Secretary, Chief Administrative & Legal Officer
Ms. Kimberly Plaskett
Corporate Communications Director

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CECO Stock Analysis - Frequently Asked Questions

Should I buy or sell CECO Environmental stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CECO Environmental in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CECO shares.
View CECO analyst ratings or view top-rated stocks.
What is CECO Environmental's stock price target for 2024?: 4 Wall Street analysts have issued 12-month price objectives for CECO Environmental's stock. Their CECO share price targets range from $23.00 to $30.00. On average, they predict the company's stock price to reach $26.50 in the next year. This suggests a possible upside of 18.5% from the stock's current price.
View analysts price targets for CECO or view top-rated stocks among Wall Street analysts.
How have CECO shares performed in 2024?: CECO Environmental's stock was trading at $20.28 at the start of the year. Since then, CECO shares have increased by 10.3% and is now trading at $22.36.
View the best growth stocks for 2024 here.
Are investors shorting CECO Environmental?: CECO Environmental saw a drop in short interest in March. As of March 31st, there was short interest totaling 1,140,000 shares, a drop of 5.8% from the March 15th total of 1,210,000 shares. Based on an average trading volume of 244,100 shares, the short-interest ratio is presently 4.7 days. Currently, 3.9% of the shares of the stock are short sold.
View CECO Environmental's Short Interest.
When is CECO Environmental's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our CECO earnings forecast.
How can I listen to CECO Environmental's earnings call?: CECO Environmental will be holding an earnings conference call on Tuesday, April 30th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were CECO Environmental's earnings last quarter?: CECO Environmental Corp. (NASDAQ:CECO) announced its quarterly earnings data on Tuesday, March, 5th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.03. The firm earned $153.71 million during the quarter, compared to analyst estimates of $149.10 million. CECO Environmental had a trailing twelve-month return on equity of 11.57% and a net margin of 2.37%. During the same period in the prior year, the firm earned $0.21 EPS.
What ETFs hold CECO Environmental's stock?: ETFs with the largest weight of CECO Environmental (NASDAQ:CECO) stock in their portfolio include VanEck Environmental Services ETF (EVX).AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC).
What guidance has CECO Environmental issued on next quarter's earnings?: CECO Environmental updated its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $590.0 million-$610.0 million, compared to the consensus revenue estimate of $590.9 million.
Who are CECO Environmental's major shareholders?: CECO Environmental's stock is owned by many different institutional and retail investors. Top institutional shareholders include Hennessy Advisors Inc. (0.47%) and Los Angeles Capital Management LLC (0.14%). Insiders that own company stock include David B Liner, Laurie Siegel, Paul M Gohr, Ramesh Nuggihalli, Richard F Wallman and Todd R Gleason.
View institutional ownership trends.
How do I buy shares of CECO Environmental?: Shares of CECO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CECO) was last updated on 4/18/2024 by MarketBeat.com Staff

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CECO Environmental (CECO) Stock Price, News & Analysis

CECO Environmental MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About CECO Environmental Stock (NASDAQ:CECO)

CECO Stock Price History

CECO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CECO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™