What is Roth Capital’s Forecast for CECO Q2 Earnings?

CECO Environmental Corp. (NASDAQ:CECO) – Equities research analysts at Roth Capital issued their Q2 2026 earnings per share estimates for shares of CECO Environmental in a report issued on Wednesday, October 29th. Roth Capital analyst G. Sweeney forecasts that the company will post earnings of $0.37 per share for the quarter. The consensus estimate for CECO Environmental’s current full-year earnings is $0.67 per share. Roth Capital also issued estimates for CECO Environmental’s Q3 2026 earnings at $0.34 EPS, FY2026 earnings at $1.58 EPS and FY2027 earnings at $1.97 EPS.

CECO Environmental (NASDAQ:CECO) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.01. CECO Environmental had a return on equity of 10.84% and a net margin of 7.22%.The business had revenue of $197.60 million during the quarter, compared to analyst estimates of $190.36 million. During the same period in the previous year, the firm earned $0.14 EPS. CECO Environmental’s quarterly revenue was up 45.8% compared to the same quarter last year.

Several other brokerages have also issued reports on CECO. Northland Securities set a $60.00 price objective on CECO Environmental in a research report on Monday, October 20th. HC Wainwright lifted their price target on CECO Environmental from $33.00 to $55.00 and gave the company a “buy” rating in a research note on Wednesday, July 30th. Weiss Ratings reissued a “buy (b-)” rating on shares of CECO Environmental in a research note on Wednesday, October 8th. Citigroup reissued an “outperform” rating on shares of CECO Environmental in a research note on Wednesday, July 30th. Finally, Lake Street Capital reaffirmed a “buy” rating and set a $56.00 price target on shares of CECO Environmental in a research report on Wednesday, July 30th. Seven analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $53.60.

CECO Environmental Price Performance

Shares of CECO opened at $47.95 on Thursday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.13 and a current ratio of 1.33. The stock has a 50 day simple moving average of $49.19 and a 200 day simple moving average of $37.00. CECO Environmental has a 52-week low of $17.57 and a 52-week high of $53.88. The firm has a market capitalization of $1.71 billion, a PE ratio of 34.01, a P/E/G ratio of 3.25 and a beta of 1.28.

Hedge Funds Weigh In On CECO Environmental

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Emerald Mutual Fund Advisers Trust bought a new position in CECO Environmental during the third quarter worth about $3,678,000. NorthCrest Asset Manangement LLC grew its holdings in CECO Environmental by 38.9% during the third quarter. NorthCrest Asset Manangement LLC now owns 32,128 shares of the company’s stock worth $1,638,000 after purchasing an additional 8,998 shares during the period. Yorktown Management & Research Co Inc bought a new position in CECO Environmental during the third quarter worth about $497,000. Thames Capital Management LLC bought a new stake in CECO Environmental in the 3rd quarter valued at $3,553,000. Finally, First Horizon Corp bought a new stake in CECO Environmental in the 3rd quarter valued at $64,000. Institutional investors own 68.08% of the company’s stock.

Insider Buying and Selling

In related news, Director Richard F. Wallman acquired 3,000 shares of the company’s stock in a transaction dated Friday, August 29th. The shares were bought at an average price of $44.25 per share, for a total transaction of $132,750.00. Following the purchase, the director directly owned 219,909 shares in the company, valued at approximately $9,730,973.25. This trade represents a 1.38% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Todd R. Gleason sold 101,899 shares of the company’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $49.32, for a total value of $5,025,658.68. Following the sale, the chief executive officer owned 410,835 shares in the company, valued at approximately $20,262,382.20. This represents a 19.87% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have acquired 7,500 shares of company stock valued at $339,915 and have sold 300,000 shares valued at $15,104,854. Corporate insiders own 18.40% of the company’s stock.

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.