CECO Environmental Corp. (NASDAQ:CECO) Given Average Rating of “Moderate Buy” by Brokerages

Shares of CECO Environmental Corp. (NASDAQ:CECO) have received a consensus rating of “Moderate Buy” from the seven research firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $64.75.

Several equities analysts recently issued reports on CECO shares. Needham & Company LLC raised their price objective on CECO Environmental from $70.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. Northland Securities raised their price objective on shares of CECO Environmental from $60.00 to $73.00 and gave the company an “outperform” rating in a research note on Wednesday, December 24th. Zacks Research raised CECO Environmental from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CECO Environmental in a research note on Wednesday, January 21st.

Institutional Trading of CECO Environmental

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Hood River Capital Management LLC lifted its position in shares of CECO Environmental by 0.7% in the second quarter. Hood River Capital Management LLC now owns 1,941,741 shares of the company’s stock worth $54,971,000 after purchasing an additional 14,073 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of CECO Environmental by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 1,780,596 shares of the company’s stock valued at $106,569,000 after acquiring an additional 9,840 shares during the period. American Century Companies Inc. grew its holdings in shares of CECO Environmental by 16,844.6% during the third quarter. American Century Companies Inc. now owns 1,257,796 shares of the company’s stock worth $64,399,000 after purchasing an additional 1,250,373 shares during the last quarter. King Luther Capital Management Corp increased its holdings in shares of CECO Environmental by 4.6% in the second quarter. King Luther Capital Management Corp now owns 1,177,461 shares of the company’s stock valued at $33,334,000 after purchasing an additional 51,357 shares in the last quarter. Finally, William Blair Investment Management LLC raised its holdings in CECO Environmental by 4.9% during the 2nd quarter. William Blair Investment Management LLC now owns 945,897 shares of the company’s stock worth $26,778,000 after purchasing an additional 44,310 shares during the last quarter. Institutional investors and hedge funds own 68.08% of the company’s stock.

CECO Environmental Stock Up 5.4%

Shares of CECO Environmental stock opened at $79.14 on Monday. CECO Environmental has a 1-year low of $17.57 and a 1-year high of $79.17. The company has a market capitalization of $2.82 billion, a PE ratio of 56.13 and a beta of 1.38. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.33 and a quick ratio of 1.13. The business has a 50-day moving average of $64.78 and a 200-day moving average of $54.74.

CECO Environmental Company Profile

CECO Environmental Corp. (NASDAQ: CECO) is a global technology provider specializing in engineered solutions that help industrial and commercial customers manage air emissions, process fluids and optimize energy use. The company develops custom-engineered systems and modular packages designed to meet evolving environmental regulations and improve operational efficiency across diverse production processes.

CECO’s core offerings include air pollution control equipment—such as scrubbers, cyclones, fabric and cartridge filters—and industrial process filtration systems for applications ranging from particulate removal to oil-water separation.