Northland Capmk Issues Pessimistic Outlook for CECO Earnings

CECO Environmental Corp. (NASDAQ:CECO - Free Report) - Stock analysts at Northland Capmk decreased their Q2 2025 earnings estimates for CECO Environmental in a research report issued to clients and investors on Friday, November 1st. Northland Capmk analyst B. Brooks now anticipates that the company will earn $0.27 per share for the quarter, down from their prior estimate of $0.29. The consensus estimate for CECO Environmental's current full-year earnings is $0.82 per share.

CECO has been the subject of a number of other reports. Craig Hallum lifted their price objective on CECO Environmental from $28.00 to $34.00 and gave the stock a "buy" rating in a research note on Wednesday, July 31st. Northland Securities upped their price target on CECO Environmental from $28.00 to $35.00 and gave the company an "outperform" rating in a research note on Thursday, August 1st. Roth Mkm boosted their price objective on shares of CECO Environmental from $26.00 to $35.00 and gave the company a "buy" rating in a report on Wednesday, July 31st. HC Wainwright reiterated a "buy" rating and issued a $35.00 target price on shares of CECO Environmental in a report on Wednesday, October 30th. Finally, Needham & Company LLC decreased their price target on shares of CECO Environmental from $35.00 to $33.00 and set a "buy" rating for the company in a report on Wednesday, October 30th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $34.40.

CECO Environmental Trading Down 3.1 %

Shares of CECO traded down $0.72 during trading hours on Monday, hitting $22.75. 708,451 shares of the stock traded hands, compared to its average volume of 265,951. The business has a fifty day moving average of $27.08 and a 200-day moving average of $26.51. The firm has a market capitalization of $795.77 million, a PE ratio of 68.94, a price-to-earnings-growth ratio of 1.93 and a beta of 1.35. CECO Environmental has a 1-year low of $15.99 and a 1-year high of $31.55. The company has a current ratio of 1.30, a quick ratio of 1.17 and a debt-to-equity ratio of 0.50.

CECO Environmental (NASDAQ:CECO - Get Free Report) last announced its earnings results on Tuesday, October 29th. The company reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by ($0.05). CECO Environmental had a net margin of 2.16% and a return on equity of 11.12%. The business had revenue of $135.50 million during the quarter, compared to analyst estimates of $155.94 million. During the same quarter last year, the business posted $0.22 earnings per share. The business's quarterly revenue was down 9.3% compared to the same quarter last year.

Institutional Trading of CECO Environmental

Several hedge funds have recently added to or reduced their stakes in the company. CWM LLC raised its stake in CECO Environmental by 45.3% in the 2nd quarter. CWM LLC now owns 2,270 shares of the company's stock worth $65,000 after purchasing an additional 708 shares in the last quarter. EntryPoint Capital LLC bought a new stake in shares of CECO Environmental in the first quarter valued at approximately $72,000. Eastern Bank acquired a new stake in CECO Environmental during the third quarter worth approximately $113,000. SG Americas Securities LLC acquired a new stake in CECO Environmental during the second quarter worth approximately $201,000. Finally, Kessler Investment Group LLC raised its holdings in CECO Environmental by 27.8% in the 2nd quarter. Kessler Investment Group LLC now owns 7,166 shares of the company's stock valued at $207,000 after acquiring an additional 1,560 shares in the last quarter. 68.08% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other CECO Environmental news, Director Richard F. Wallman bought 10,000 shares of the firm's stock in a transaction that occurred on Friday, August 30th. The shares were acquired at an average cost of $28.77 per share, with a total value of $287,700.00. Following the acquisition, the director now owns 62,000 shares of the company's stock, valued at $1,783,740. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 16.90% of the stock is currently owned by corporate insiders.

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.