NASDAQ:CECO

CECO Environmental (CECO) Stock Price, News & Analysis

$25.26
+0.99 (+4.08%)
(As of 04/25/2024 ET)
Today's Range
$23.75
$25.40
50-Day Range
$18.81
$25.26
52-Week Range
$10.68
$25.40
Volume
345,390 shs
Average Volume
242,651 shs
Market Capitalization
$880.82 million
P/E Ratio
68.27
Dividend Yield
N/A
Price Target
$26.50

CECO Environmental MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
4.9% Upside
$26.50 Price Target
Short Interest
Healthy
3.64% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.91mentions of CECO Environmental in the last 14 days
Based on 4 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.

2.93 out of 5 stars

Industrial Products Sector

90th out of 168 stocks

Blowers & Fans Industry

2nd out of 3 stocks

CECO stock logo

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

CECO Stock News Headlines

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CECO: Q4 Earnings Snapshot
CECO Apr 2024 20.000 put
CECO Apr 2024 22.500 put
Ceco Environmental earnings: here's what Wall Street expects
See More Headlines
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Company Calendar

Last Earnings
3/05/2024
Today
4/25/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Blowers & fans
Sub-Industry
N/A
Current Symbol
NASDAQ:CECO
CIK
3197
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
+4.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$12.91 million
Pretax Margin
3.95%

Debt

Sales & Book Value

Annual Sales
$544.84 million
Cash Flow
$1.20 per share
Book Value
$6.82 per share

Miscellaneous

Free Float
29,360,000
Market Cap
$880.82 million
Optionable
Optionable
Beta
1.23
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Key Executives

  • Mr. Todd R. Gleason (Age 53)
    CEO & Director
    Comp: $1.6M
  • Mr. Peter Kurt Johansson (Age 60)
    Senior VP and Chief Financial & Strategy Officer
    Comp: $900.58k
  • Ms. Lynn Watkins-Asiyanbi (Age 49)
    Senior VP, Corporate Secretary and Chief Administrative & Legal Officer
    Comp: $746.86k
  • Mr. Kiril Kovachev (Age 49)
    VP, Chief Accounting Officer & Global Controller

CECO Stock Analysis - Frequently Asked Questions

Should I buy or sell CECO Environmental stock right now?

4 Wall Street 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 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 equities research analysts have issued 12 month price targets for CECO Environmental's shares. Their CECO share price targets range from $23.00 to $30.00. On average, they anticipate the company's stock price to reach $26.50 in the next year. This suggests a possible upside of 4.9% 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 beginning of 2024. Since then, CECO shares have increased by 24.6% and is now trading at $25.26.
View the best growth stocks for 2024 here
.

Are investors shorting CECO Environmental?

CECO Environmental saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 1,070,000 shares, a decline of 6.1% from the March 31st total of 1,140,000 shares. Based on an average daily trading volume, of 251,100 shares, the days-to-cover ratio is currently 4.3 days. Approximately 3.6% of the shares of the company are sold short.
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) released its quarterly earnings data on Tuesday, March, 5th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.25 by $0.03. The business earned $153.71 million during the quarter, compared to the consensus estimate 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 quarter in the previous year, the company posted $0.21 earnings per share.

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) and First Trust Dow Jones Select Microcap Index Fund (FDM).AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC).

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

CECO Environmental issued an update on its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share 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 a variety of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.47%), Los Angeles Capital Management LLC (0.14%), Mesirow Financial Investment Management Inc. (0.04%) and Kessler Investment Group LLC (0.02%). 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 4/25/2024 by MarketBeat.com Staff

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