CECO Environmental (NASDAQ:CECO) Given New $90.00 Price Target at HC Wainwright

CECO Environmental (NASDAQ:CECO) had its target price boosted by HC Wainwright from $55.00 to $90.00 in a research report sent to investors on Wednesday morning,Benzinga reports. The firm currently has a buy rating on the stock.

Other research analysts also recently issued research reports about the stock. Needham & Company LLC increased their price target on shares of CECO Environmental from $70.00 to $75.00 and gave the company a “buy” rating in a report on Friday, January 16th. Northland Securities upped their price objective on CECO Environmental from $60.00 to $73.00 and gave the company an “outperform” rating in a research report on Wednesday, December 24th. Zacks Research raised CECO Environmental from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 11th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of CECO Environmental in a report on Wednesday, January 21st. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, CECO Environmental presently has a consensus rating of “Moderate Buy” and an average target price of $78.20.

CECO Environmental Trading Up 8.0%

CECO stock opened at $64.81 on Wednesday. The firm has a fifty day moving average price of $67.25 and a 200 day moving average price of $56.32. 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 PE ratio of 47.65 and a beta of 1.38. 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 (NASDAQ:CECO) last released its quarterly earnings data on Tuesday, February 24th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.35). CECO Environmental had a net margin of 6.46% and a return on equity of 10.60%. The business had revenue of $214.69 million for the quarter, compared to the consensus estimate of $205.39 million. During the same quarter last year, the business earned $0.27 EPS. CECO Environmental’s revenue for the quarter was up 35.4% compared to the same quarter last year. Sell-side analysts anticipate that CECO Environmental will post 0.67 earnings per share for the current fiscal year.

Hedge Funds Weigh In On CECO Environmental

Hedge funds and other institutional investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd bought a new stake in CECO Environmental during the 3rd quarter valued at $25,000. Aventura Private Wealth LLC purchased a new stake in shares of CECO Environmental during the fourth quarter worth about $30,000. Advisory Services Network LLC acquired a new position in shares of CECO Environmental during the third quarter valued at about $31,000. Global Retirement Partners LLC acquired a new position in CECO Environmental during the 3rd quarter valued at approximately $50,000. Finally, First Horizon Corp acquired a new position in shares of CECO Environmental in the 3rd quarter valued at $64,000. 68.08% of the stock is currently owned by institutional investors.

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

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.