Northland Capmk Has Negative Estimate for CECO Q2 Earnings

CECO Environmental Corp. (NASDAQ:CECO) – Research analysts at Northland Capmk dropped their Q2 2025 earnings estimates for shares of CECO Environmental in a report issued on Wednesday, February 26th. Northland Capmk analyst B. Brooks now anticipates that the company will post earnings per share of $0.21 for the quarter, down from their prior forecast of $0.27. The consensus estimate for CECO Environmental’s current full-year earnings is $0.67 per share.

Other analysts also recently issued research reports about the stock. Craig Hallum lifted their target price on shares of CECO Environmental from $34.00 to $40.00 and gave the company a “buy” rating in a report on Monday, January 6th. Needham & Company LLC reiterated a “buy” rating and issued a $33.00 target price on shares of CECO Environmental in a report on Wednesday. HC Wainwright reiterated a “neutral” rating on shares of CECO Environmental in a report on Wednesday. Finally, Northland Securities raised their price target on shares of CECO Environmental from $35.00 to $38.00 and gave the company an “outperform” rating in a research report on Friday, December 20th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $36.20.

CECO Environmental Stock Down 1.2 %

CECO Environmental stock opened at $24.88 on Thursday. CECO Environmental has a fifty-two week low of $18.50 and a fifty-two week high of $35.16. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.12 and a current ratio of 1.30. The firm has a 50 day moving average price of $28.42 and a 200 day moving average price of $28.22. The company has a market capitalization of $870.28 million, a PE ratio of 75.40, a price-to-earnings-growth ratio of 1.39 and a beta of 1.41.

CECO Environmental (NASDAQ:CECO) last posted its earnings results on Tuesday, February 25th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.05. CECO Environmental had a net margin of 2.16% and a return on equity of 11.12%. The firm had revenue of $158.60 million during the quarter, compared to the consensus estimate of $156.09 million. During the same quarter last year, the firm earned $0.28 EPS. The firm’s revenue for the quarter was up 3.2% on a year-over-year basis.

Insider Buying and Selling at CECO Environmental

In other news, Director Richard F. Wallman acquired 1,000 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The stock was acquired at an average cost of $25.15 per share, with a total value of $25,150.00. Following the transaction, the director now owns 207,117 shares in the company, valued at approximately $5,208,992.55. This trade represents a 0.49 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 16.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On CECO Environmental

Several institutional investors have recently modified their holdings of CECO. First Horizon Advisors Inc. lifted its position in shares of CECO Environmental by 71.6% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,416 shares of the company’s stock worth $40,000 after purchasing an additional 591 shares during the last quarter. Mackenzie Financial Corp purchased a new stake in shares of CECO Environmental during the 4th quarter worth $56,000. Quest Partners LLC purchased a new stake in shares of CECO Environmental during the 3rd quarter worth $69,000. Heck Capital Advisors LLC purchased a new stake in shares of CECO Environmental during the 4th quarter worth $74,000. Finally, Morse Asset Management Inc purchased a new stake in shares of CECO Environmental during the 3rd quarter worth $76,000. 68.08% of the stock is owned by hedge funds and other institutional investors.

About CECO Environmental

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.