CECO Environmental (CECO) Expected to Announce Quarterly Earnings on Tuesday

CECO Environmental (NASDAQ:CECO - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results 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 - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $0.27 earnings per share for the quarter, beating analysts' consensus estimates of $0.22 by $0.05. The firm had revenue of $158.60 million for the quarter, compared to analyst estimates of $156.09 million. CECO Environmental had a net margin of 2.16% and a return on equity of 11.12%. CECO Environmental's quarterly revenue was up 3.2% on a year-over-year basis. During the same period last year, the firm posted $0.28 EPS. 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 traded up $0.53 during trading hours on Friday, reaching $19.93. 243,493 shares of the stock were exchanged, compared to its average volume of 288,383. The stock has a market cap of $701.87 million, a P/E ratio of 60.40, a P/E/G ratio of 1.39 and a beta of 1.30. The firm's 50 day moving average is $22.27 and its 200 day moving average is $26.56. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.12 and a current ratio of 1.30. CECO Environmental has a 52-week low of $17.57 and a 52-week high of $35.16.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Needham & Company LLC reaffirmed a "buy" rating and issued a $33.00 price objective on shares of CECO Environmental in a report on Wednesday, February 26th. Craig Hallum lifted their price target on CECO Environmental from $34.00 to $40.00 and gave the company a "buy" rating in a research note on Monday, January 6th. Finally, HC Wainwright reiterated a "neutral" rating on shares of CECO Environmental in a research report on Wednesday, February 26th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $36.20.

Insider Buying and Selling

In other CECO Environmental news, insider Peter K. Johansson sold 22,500 shares of the company's stock in a transaction dated Monday, March 31st. The shares were sold at an average price of $22.80, for a total value of $513,000.00. Following the sale, the insider now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard F. Wallman purchased 1,000 shares of the stock in a transaction dated Wednesday, February 26th. The stock was acquired at an average price of $25.15 per share, for a total transaction of $25,150.00. Following the completion of the transaction, the director now directly owns 207,117 shares of the company's stock, valued at approximately $5,208,992.55. The trade was a 0.49 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 16.90% of the company's stock.

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.