Q2 EPS Forecast for CECO Environmental Lowered by Analyst

CECO Environmental Corp. (NASDAQ:CECO) – Research analysts at Northland Capmk lowered their Q2 2025 EPS estimates for shares of CECO Environmental in a report released on Friday, November 1st. Northland Capmk analyst B. Brooks now expects that the company will post earnings per share of $0.27 for the quarter, down from their prior forecast of $0.29. The consensus estimate for CECO Environmental’s current full-year earnings is $0.82 per share.

A number of other equities analysts have also issued reports on CECO. Needham & Company LLC lowered their target price on shares of CECO Environmental from $35.00 to $33.00 and set a “buy” rating on the stock in a research report on Wednesday, October 30th. Northland Securities lifted their price objective on shares of CECO Environmental from $28.00 to $35.00 and gave the company an “outperform” rating in a research note on Thursday, August 1st. Craig Hallum increased their target price on shares of CECO Environmental from $28.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday, July 31st. HC Wainwright restated a “buy” rating and issued a $35.00 price target on shares of CECO Environmental in a research report on Wednesday, October 30th. Finally, Roth Mkm lifted their target price on CECO Environmental from $26.00 to $35.00 and gave the company a “buy” rating in a research note on Wednesday, July 31st. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, CECO Environmental presently has a consensus rating of “Buy” and a consensus target price of $34.40.

CECO Environmental Trading Down 1.4 %

CECO opened at $23.47 on Monday. The company has a quick ratio of 1.17, a current ratio of 1.30 and a debt-to-equity ratio of 0.50. CECO Environmental has a 52 week low of $15.65 and a 52 week high of $31.55. The business’s 50 day moving average is $27.08 and its two-hundred day moving average is $26.49. The firm has a market cap of $820.98 million, a price-to-earnings ratio of 71.12, a price-to-earnings-growth ratio of 1.93 and a beta of 1.35.

CECO Environmental (NASDAQ:CECO) last issued its quarterly earnings data on Tuesday, October 29th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.05). CECO Environmental had a return on equity of 11.12% and a net margin of 2.16%. The firm had revenue of $135.50 million for the quarter, compared to analysts’ expectations of $155.94 million. During the same period in the previous year, the business posted $0.22 EPS. The business’s revenue for the quarter was down 9.3% compared to the same quarter last year.

Insider Transactions at CECO Environmental

In other CECO Environmental news, Director Richard F. Wallman acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, August 30th. The shares were purchased at an average price of $28.77 per share, with a total value of $287,700.00. Following the completion of the acquisition, the director now directly owns 62,000 shares of the company’s stock, valued at approximately $1,783,740. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 16.90% of the company’s stock.

Hedge Funds Weigh In On CECO Environmental

A number of institutional investors and hedge funds have recently made changes to their positions in CECO. Hood River Capital Management LLC purchased a new stake in CECO Environmental during the second quarter worth about $15,495,000. Robeco Schweiz AG boosted its stake in shares of CECO Environmental by 375.2% during the 2nd quarter. Robeco Schweiz AG now owns 565,255 shares of the company’s stock worth $16,308,000 after acquiring an additional 446,305 shares in the last quarter. Thrivent Financial for Lutherans acquired a new stake in shares of CECO Environmental in the 2nd quarter worth approximately $11,857,000. Van ECK Associates Corp increased its stake in CECO Environmental by 466.4% in the 3rd quarter. Van ECK Associates Corp now owns 379,877 shares of the company’s stock valued at $10,082,000 after purchasing an additional 312,803 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its holdings in CECO Environmental by 651,526.7% during the second quarter. Allspring Global Investments Holdings LLC now owns 293,232 shares of the company’s stock worth $8,460,000 after purchasing an additional 293,187 shares during the last quarter. 68.08% of the stock is owned by institutional investors and hedge funds.

CECO Environmental Company Profile

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.