Northland Capmk Has Negative Estimate for CECO Q2 Earnings

CECO Environmental Corp. (NASDAQ:CECO) – Stock analysts at Northland Capmk dropped their Q2 2025 earnings estimates for shares of CECO Environmental in a note issued to investors on Wednesday, February 26th. Northland Capmk analyst B. Brooks now anticipates that the company will post earnings per share of $0.21 for the quarter, down from their previous forecast of $0.27. The consensus estimate for CECO Environmental’s current full-year earnings is $0.67 per share.

A number of other research analysts have also commented on CECO. Northland Securities lifted their price objective on shares of CECO Environmental from $35.00 to $38.00 and gave the company an “outperform” rating in a research note on Friday, December 20th. HC Wainwright restated a “neutral” rating on shares of CECO Environmental in a research note on Wednesday. Craig Hallum lifted their price objective on shares of CECO Environmental from $34.00 to $40.00 and gave the company a “buy” rating in a research note on Monday, January 6th. Finally, Needham & Company LLC restated a “buy” rating and issued a $33.00 price objective on shares of CECO Environmental in a research note on Wednesday. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $36.20.

CECO Environmental Trading Down 1.2 %

NASDAQ CECO opened at $24.88 on Thursday. 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 firm has a market cap of $870.28 million, a PE ratio of 75.40, a P/E/G ratio of 1.39 and a beta of 1.41. CECO Environmental has a one year low of $18.50 and a one year high of $35.16. The firm’s fifty day moving average is $28.42 and its two-hundred day moving average is $28.22.

CECO Environmental (NASDAQ:CECO) last announced its quarterly earnings results on Tuesday, February 25th. The company reported $0.27 EPS for the quarter, topping 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 firm had revenue of $158.60 million for the quarter, compared to analyst estimates of $156.09 million. During the same period last year, the business earned $0.28 EPS. CECO Environmental’s revenue for the quarter was up 3.2% compared to the same quarter last year.

Insider Transactions at CECO Environmental

In other news, Director Richard F. Wallman purchased 1,000 shares of the company’s stock in a transaction dated Wednesday, February 26th. The shares were acquired at an average cost of $25.15 per share, for a total transaction of $25,150.00. Following the completion of the purchase, the director now directly owns 207,117 shares in the company, valued at $5,208,992.55. The trade was a 0.49 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 16.90% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in CECO. Private Advisor Group LLC increased its stake in shares of CECO Environmental by 5.8% during the third quarter. Private Advisor Group LLC now owns 16,065 shares of the company’s stock worth $453,000 after acquiring an additional 885 shares during the period. Van ECK Associates Corp boosted its holdings in CECO Environmental by 466.4% during the third quarter. Van ECK Associates Corp now owns 379,877 shares of the company’s stock worth $10,082,000 after buying an additional 312,803 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in CECO Environmental by 17.6% during the third quarter. Principal Financial Group Inc. now owns 22,246 shares of the company’s stock worth $627,000 after buying an additional 3,330 shares in the last quarter. Quest Partners LLC purchased a new stake in CECO Environmental during the third quarter worth about $69,000. Finally, First Horizon Advisors Inc. boosted 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 worth $40,000 after buying an additional 591 shares in the last quarter. 68.08% of the stock is currently owned by institutional investors and hedge funds.

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.