Northland Capmk Issues Negative Estimate for CECO Earnings

CECO Environmental Corp. (NASDAQ:CECO) – Equities researchers at Northland Capmk lowered their Q2 2025 EPS estimates for shares of CECO Environmental in a report issued on Wednesday, February 26th. Northland Capmk analyst B. Brooks now expects that the company will earn $0.21 per share for the quarter, down from their prior estimate of $0.27. The consensus estimate for CECO Environmental’s current full-year earnings is $0.67 per share.

CECO Environmental (NASDAQ:CECO) last issued its quarterly earnings results on Tuesday, February 25th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 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 $158.60 million for the quarter, compared to analyst estimates of $156.09 million. During the same quarter in the prior year, the business posted $0.28 EPS. CECO Environmental’s revenue for the quarter was up 3.2% compared to the same quarter last year.

Other analysts have also issued research reports about the stock. HC Wainwright reiterated a “neutral” rating on shares of CECO Environmental in a research note on Wednesday. Northland Securities raised their price target on shares of CECO Environmental from $35.00 to $38.00 and gave the company an “outperform” rating in a research report on Friday, December 20th. Needham & Company LLC restated a “buy” rating and set a $33.00 price target on shares of CECO Environmental in a research report on Wednesday. Finally, Craig Hallum raised their price target on shares of CECO Environmental from $34.00 to $40.00 and gave the company a “buy” rating in a research report on Monday, January 6th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, CECO Environmental currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.20.

CECO Environmental Trading Up 0.0 %

Shares of CECO Environmental stock opened at $24.52 on Thursday. The firm has a market capitalization of $857.69 million, a price-to-earnings ratio of 74.31, a PEG ratio of 1.39 and a beta of 1.41. CECO Environmental has a 12-month low of $18.50 and a 12-month high of $35.16. The firm’s 50 day simple moving average is $28.60 and its two-hundred day simple moving average is $28.26. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.50.

Hedge Funds Weigh In On CECO Environmental

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CECO. First Horizon Advisors Inc. lifted its holdings in CECO Environmental by 71.6% during the third quarter. First Horizon Advisors Inc. now owns 1,416 shares of the company’s stock valued at $40,000 after purchasing an additional 591 shares in the last quarter. Mackenzie Financial Corp purchased a new position in shares of CECO Environmental in the fourth quarter worth about $56,000. Quest Partners LLC purchased a new position in shares of CECO Environmental in the third quarter worth about $69,000. Heck Capital Advisors LLC purchased a new position in shares of CECO Environmental in the fourth quarter worth about $74,000. Finally, Morse Asset Management Inc purchased a new position in shares of CECO Environmental in the third quarter worth about $76,000. 68.08% of the stock is owned by hedge funds and other institutional investors.

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.