Roth Mkm Issues Positive Forecast for CECO Environmental (NASDAQ:CECO) Stock Price

CECO Environmental (NASDAQ:CECO) had its price objective boosted by Roth Mkm from $58.00 to $68.00 in a report published on Wednesday,Benzinga reports. The brokerage currently has a buy rating on the stock.

Other equities research analysts have also issued research reports about the stock. Needham & Company LLC lifted their target price on shares of CECO Environmental from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Wednesday. HC Wainwright lifted their price objective on CECO Environmental from $55.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday. Weiss Ratings reiterated a “buy (b-)” rating on shares of CECO Environmental in a report on Wednesday, January 21st. Northland Securities raised their target price on CECO Environmental from $60.00 to $73.00 and gave the company an “outperform” rating in a research note on Wednesday, December 24th. Finally, Zacks Research raised CECO Environmental from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 11th. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $78.20.

CECO Environmental Price Performance

Shares of CECO stock opened at $64.81 on Wednesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.13 and a current ratio of 1.34. CECO Environmental has a fifty-two week low of $17.57 and a fifty-two week high of $81.72. The firm has a market cap of $2.31 billion, a P/E ratio of 47.65 and a beta of 1.38. The business’s 50 day moving average price is $67.25 and its 200-day moving average price is $56.32.

CECO Environmental (NASDAQ:CECO) last announced its quarterly earnings results on Tuesday, February 24th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.35). The business had revenue of $214.69 million during the quarter, compared to analysts’ expectations of $205.39 million. CECO Environmental had a return on equity of 10.60% and a net margin of 6.46%.The business’s revenue was up 35.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.27 EPS. On average, equities research analysts anticipate that CECO Environmental will post 0.67 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Hood River Capital Management LLC raised its stake in CECO Environmental by 0.7% during the second quarter. Hood River Capital Management LLC now owns 1,941,741 shares of the company’s stock valued at $54,971,000 after buying an additional 14,073 shares during the last quarter. Vanguard Group Inc. raised its position in shares of CECO Environmental by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 1,780,596 shares of the company’s stock worth $106,569,000 after purchasing an additional 9,840 shares during the last quarter. American Century Companies Inc. boosted its stake in CECO Environmental by 16,844.6% in the 3rd 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 in the last quarter. King Luther Capital Management Corp grew its position in CECO Environmental by 4.6% during the 2nd 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 during the last quarter. Finally, Thrivent Financial for Lutherans increased its stake in CECO Environmental by 2.0% during the 2nd quarter. Thrivent Financial for Lutherans now owns 757,433 shares of the company’s stock valued at $21,443,000 after purchasing an additional 15,176 shares in the last quarter. Institutional investors own 68.08% of the company’s stock.

Key CECO Environmental News

Here are the key news stories impacting CECO Environmental this week:

• Positive Sentiment: CECO agreed to combine with Thermon Group in a roughly $2.2 billion cash-and-stock transaction that creates a broader industrial solutions platform and management expects sustained double‑digit growth from the combined company. Investors typically reward transformational M&A that extends market position and cross‑sells products. GlobeNewswire: CECO Announces Strategic Combination with Thermon
• Positive Sentiment: CECO raised FY‑2026 revenue guidance to $925M–$975M (well above consensus), signaling stronger top‑line momentum even before Thermon is folded in—supporting higher valuation expectations. MSN: CECO outlines 2026 revenue target
• Positive Sentiment: Several brokers hiked price targets and reiterated buy ratings (HC Wainwright to $90, Needham to $80, Roth MKM to $68), which likely contributed to buying interest and helped lift sentiment. Analyst optimism increases the chances of additional institutional demand. Benzinga: Analyst upgrades and price target changes
• Neutral Sentiment: Q4 revenue rose ~35% year‑over‑year and beat estimates, but EPS missed consensus (reported $0.08 vs. est. $0.43). Revenue strength supports the growth story; the EPS miss leaves short‑term earnings credibility a question. GlobeNewswire: Q4 and full‑year 2025 results
• Neutral Sentiment: Reported short interest data in late February appears nonsensical (zero shares / NaN change), suggesting either a data error or negligible short activity; this item is unlikely to be a material driver today.
• Negative Sentiment: Two law firms announced investigations into whether CECO’s merger terms are fair to shareholders, creating legal overhang and potential distraction/risk around deal execution and approvals. That scrutiny can put downward pressure or increase volatility until resolved. PR Newswire: Shareholder investigation announced BusinessWire: Halper Sadeh investigation

About CECO Environmental

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.