CECO Environmental (CECO) to Release Quarterly Earnings on Tuesday

CECO Environmental (NASDAQ:CECO) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $151.53 million for the quarter.

CECO Environmental (NASDAQ:CECO) last announced its quarterly earnings data on Tuesday, February 25th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.22 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 $158.60 million during the quarter, compared to analyst estimates of $156.09 million. During the same period last year, the company earned $0.28 earnings per share. The company’s revenue was up 3.2% on a year-over-year basis. On average, analysts expect CECO Environmental to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

CECO Environmental Stock Performance

CECO Environmental stock opened at $19.93 on Friday. CECO Environmental has a 1 year low of $17.57 and a 1 year high of $35.16. The company’s 50-day moving average is $22.27 and its two-hundred day moving average is $26.55. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.50. The company has a market cap of $701.87 million, a PE ratio of 60.40, a PEG ratio of 1.39 and a beta of 1.30.

Insider Buying and Selling

In related news, Director Richard F. Wallman bought 1,000 shares of CECO Environmental stock in a transaction that occurred on Wednesday, February 26th. The stock was purchased at an average cost of $25.15 per share, with a total value of $25,150.00. Following the purchase, 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 acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Peter K. Johansson sold 22,500 shares of the company’s stock in a transaction dated Monday, March 31st. The stock was sold at an average price of $22.80, for a total value of $513,000.00. Following the transaction, the insider now directly owns 62,160 shares of the company’s stock, valued at $1,417,248. This represents a 26.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 16.90% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

CECO has been the topic of a number of recent research reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $33.00 price objective on shares of CECO Environmental in a research note on Wednesday, February 26th. HC Wainwright reiterated a “neutral” rating on shares of CECO Environmental in a report on Wednesday, February 26th. Finally, Craig Hallum raised their target price on CECO Environmental from $34.00 to $40.00 and gave the stock a “buy” rating in a report on Monday, January 6th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $36.20.

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.