HC Wainwright Issues Optimistic Forecast for CECO Earnings

CECO Environmental Corp. (NASDAQ:CECO) – HC Wainwright upped their Q2 2025 earnings per share (EPS) estimates for shares of CECO Environmental in a research note issued on Wednesday, February 26th. HC Wainwright analyst A. Dayal now expects that the company will post earnings per share of $0.23 for the quarter, up from their previous forecast of $0.16. HC Wainwright currently has a “Neutral” rating on the stock. The consensus estimate for CECO Environmental’s current full-year earnings is $0.67 per share. HC Wainwright also issued estimates for CECO Environmental’s Q3 2025 earnings at $0.31 EPS, Q4 2025 earnings at $0.64 EPS and FY2025 earnings at $1.27 EPS.

CECO Environmental (NASDAQ:CECO) last released its earnings results on Tuesday, February 25th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $156.09 million. During the same period last year, the business earned $0.28 earnings per share. The firm’s revenue was up 3.2% on a year-over-year basis.

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

CECO Environmental Stock Performance

Shares of CECO opened at $25.18 on Friday. The company has a market cap of $880.77 million, a PE ratio of 76.31, a price-to-earnings-growth ratio of 1.39 and a beta of 1.41. The firm has a 50-day moving average of $28.51 and a 200-day moving average of $28.24. CECO Environmental has a one year low of $18.50 and a one year high of $35.16. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.30 and a quick ratio of 1.12.

Institutional Trading of CECO Environmental

Institutional investors have recently bought and sold shares of the business. Hood River Capital Management LLC boosted its stake in shares of CECO Environmental by 63.0% in the fourth quarter. Hood River Capital Management LLC now owns 1,740,740 shares of the company’s stock valued at $52,623,000 after buying an additional 673,050 shares during the period. Voya Investment Management LLC increased its stake in CECO Environmental by 6,409.3% during the 4th quarter. Voya Investment Management LLC now owns 645,853 shares of the company’s stock worth $19,524,000 after acquiring an additional 635,931 shares during the period. Van ECK Associates Corp raised its holdings in CECO Environmental by 466.4% in the 3rd quarter. Van ECK Associates Corp now owns 379,877 shares of the company’s stock valued at $10,082,000 after acquiring an additional 312,803 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of CECO Environmental during the 4th quarter worth $7,334,000. Finally, Capital International Investors increased its position in shares of CECO Environmental by 12.1% in the fourth quarter. Capital International Investors now owns 1,971,334 shares of the company’s stock worth $59,593,000 after purchasing an additional 212,476 shares during the period. Institutional investors own 68.08% of the company’s stock.

Insider Transactions at CECO Environmental

In other news, Director Richard F. Wallman bought 1,000 shares of the company’s stock in a transaction dated Wednesday, February 26th. The stock was bought at an average price of $25.15 per share, with a total value of $25,150.00. Following the completion of the acquisition, the director now owns 207,117 shares of the company’s stock, valued at $5,208,992.55. This represents a 0.49 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Corporate 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.