Roth Capital Cuts Earnings Estimates for CECO Environmental

CECO Environmental Corp. (NASDAQ:CECO - Free Report) - Stock analysts at Roth Capital decreased their Q1 2025 earnings per share (EPS) estimates for shares of CECO Environmental in a note issued to investors on Wednesday, February 26th. Roth Capital analyst G. Sweeney now forecasts that the company will post earnings per share of $0.13 for the quarter, down from their prior forecast of $0.19. The consensus estimate for CECO Environmental's current full-year earnings is $0.67 per share. Roth Capital also issued estimates for CECO Environmental's Q3 2025 earnings at $0.35 EPS, Q4 2025 earnings at $0.45 EPS, FY2025 earnings at $1.20 EPS and FY2026 earnings at $1.62 EPS.

A number of other analysts have also recently weighed in on the company. Needham & Company LLC reiterated a "buy" rating and set a $33.00 price target on shares of CECO Environmental in a research report on Wednesday, February 26th. Northland Securities increased their target price on CECO Environmental from $35.00 to $38.00 and gave the stock an "outperform" rating in a research report on Friday, December 20th. Craig Hallum raised their target price 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 restated a "neutral" rating on shares of CECO Environmental in a research report on Wednesday, February 26th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $36.20.

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CECO Environmental Stock Performance

Shares of NASDAQ CECO remained flat at $24.32 during midday trading on Friday. 282,890 shares of the stock traded hands, compared to its average volume of 286,968. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.12 and a current ratio of 1.30. The business has a fifty day simple moving average of $28.33 and a two-hundred day simple moving average of $28.21. CECO Environmental has a 1-year low of $18.50 and a 1-year high of $35.16. The firm has a market cap of $850.96 million, a price-to-earnings ratio of 73.70, a P/E/G ratio of 1.39 and a beta of 1.41.

CECO Environmental (NASDAQ:CECO - Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.05. CECO Environmental had a return on equity of 11.12% and a net margin of 2.16%. The firm had revenue of $158.60 million for the quarter, compared to analysts' expectations of $156.09 million. During the same period last year, the business posted $0.28 earnings per share. The firm's revenue for the quarter was up 3.2% on a year-over-year basis.

Insider Buying and Selling at CECO Environmental

In related news, Director Richard F. Wallman bought 1,000 shares of the stock in a transaction on Wednesday, February 26th. The shares were purchased at an average price of $25.15 per share, with a total value of $25,150.00. Following the purchase, the director now owns 207,117 shares in the company, valued at approximately $5,208,992.55. This represents a 0.49 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 16.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CECO. Heck Capital Advisors LLC acquired a new stake in CECO Environmental in the fourth quarter worth approximately $74,000. Mackenzie Financial Corp bought a new stake in shares of CECO Environmental in the 4th quarter worth $56,000. Gordian Capital Singapore Pte Ltd lifted its holdings in shares of CECO Environmental by 86.2% in the fourth quarter. Gordian Capital Singapore Pte Ltd now owns 66,098 shares of the company's stock valued at $1,998,000 after buying an additional 30,598 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in CECO Environmental by 18.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 88,137 shares of the company's stock valued at $2,664,000 after buying an additional 13,930 shares in the last quarter. Finally, Squarepoint Ops LLC acquired a new position in CECO Environmental during the fourth quarter worth about $949,000. 68.08% of the stock is currently owned by institutional investors.

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.