Q1 EPS Estimate for CECO Environmental Boosted by Analyst

CECO Environmental Corp. (NASDAQ:CECO - Free Report) - Equities research analysts at Northland Capmk boosted their Q1 2025 earnings per share (EPS) estimates for shares of CECO Environmental in a research report issued on Wednesday, January 22nd. Northland Capmk analyst B. Brooks now forecasts that the company will post earnings per share of $0.19 for the quarter, up from their prior estimate of $0.18. The consensus estimate for CECO Environmental's current full-year earnings is $0.74 per share. Northland Capmk also issued estimates for CECO Environmental's Q3 2025 earnings at $0.30 EPS, Q4 2025 earnings at $0.55 EPS and FY2025 earnings at $1.31 EPS.

Other research analysts also recently issued reports about the company. Northland Securities lifted their target price on CECO Environmental from $35.00 to $38.00 and gave the stock an "outperform" rating in a research note on Friday, December 20th. HC Wainwright cut CECO Environmental from a "buy" rating to a "neutral" rating in a report on Friday, January 17th. Needham & Company LLC lowered their price target on CECO Environmental from $35.00 to $33.00 and set a "buy" rating for the company in a report on Wednesday, October 30th. Finally, Craig Hallum boosted their price target on CECO Environmental from $34.00 to $40.00 and gave the stock a "buy" rating in a report on Monday, January 6th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $36.20.

CECO Environmental Stock Performance

Shares of NASDAQ CECO traded up $0.87 during midday trading on Thursday, hitting $30.43. 252,576 shares of the company's stock were exchanged, compared to its average volume of 386,005. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.50. CECO Environmental has a 12 month low of $18.50 and a 12 month high of $35.16. The company's 50 day moving average price is $30.98 and its 200 day moving average price is $28.65. The firm has a market capitalization of $1.06 billion, a PE ratio of 92.21, a price-to-earnings-growth ratio of 1.78 and a beta of 1.43.

CECO Environmental (NASDAQ:CECO - Get Free Report) last posted its quarterly 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). The company had revenue of $135.50 million during the quarter, compared to the consensus estimate of $155.94 million. CECO Environmental had a net margin of 2.16% and a return on equity of 11.12%. The firm's revenue for the quarter was down 9.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.22 earnings per share.

Institutional Investors Weigh In On CECO Environmental

Hedge funds and other institutional investors have recently bought and sold shares of the company. First Horizon Advisors Inc. grew its position in CECO Environmental by 71.6% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,416 shares of the company's stock worth $40,000 after acquiring an additional 591 shares during the last quarter. Quest Partners LLC bought a new stake in CECO Environmental during the 3rd quarter worth $69,000. Morse Asset Management Inc bought a new stake in CECO Environmental during the 3rd quarter worth $76,000. Eastern Bank bought a new stake in CECO Environmental during the 3rd quarter worth $113,000. Finally, SG Americas Securities LLC grew its position in CECO Environmental by 46.0% during the 3rd quarter. SG Americas Securities LLC now owns 10,175 shares of the company's stock worth $287,000 after acquiring an additional 3,206 shares during the last quarter. Institutional investors own 68.08% of the company's stock.

CECO Environmental Company Profile

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.