Northland Capmk Analysts Raise Earnings Estimates for CECO

CECO Environmental Corp. (NASDAQ:CECO) – Stock analysts at Northland Capmk raised their Q1 2025 earnings per share (EPS) estimates for CECO Environmental in a research note issued to investors on Wednesday, January 22nd. Northland Capmk analyst B. Brooks now anticipates that the company will post earnings of $0.19 per share 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.

CECO Environmental (NASDAQ:CECO) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 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 $135.50 million during the quarter, compared to the consensus estimate of $155.94 million. During the same period in the previous year, the firm earned $0.22 EPS. The business’s revenue was down 9.3% compared to the same quarter last year.

Several other equities research analysts have also recently weighed in on CECO. Craig Hallum boosted their price objective on CECO Environmental from $34.00 to $40.00 and gave the stock a “buy” rating in a research note on Monday, January 6th. Northland Securities boosted their target price on CECO Environmental from $35.00 to $38.00 and gave the company an “outperform” rating in a research report on Friday, December 20th. HC Wainwright downgraded CECO Environmental from a “buy” rating to a “neutral” rating in a research report on Friday, January 17th. Finally, Needham & Company LLC cut their price objective on shares of CECO Environmental from $35.00 to $33.00 and set a “buy” rating on the stock in a research report on Wednesday, October 30th. One research 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 stock presently has a consensus rating of “Moderate Buy” and an average target price of $36.20.

CECO Environmental Trading Down 4.0 %

Shares of CECO opened at $29.56 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. CECO Environmental has a fifty-two week low of $18.50 and a fifty-two week high of $35.16. The company’s fifty day moving average is $30.98 and its 200 day moving average is $28.65. The stock has a market capitalization of $1.03 billion, a PE ratio of 89.58, a P/E/G ratio of 1.78 and a beta of 1.43.

Hedge Funds Weigh In On CECO Environmental

Hedge funds have recently bought and sold shares of the business. American Century Companies Inc. lifted its holdings in CECO Environmental by 15.3% during the 2nd quarter. American Century Companies Inc. now owns 38,397 shares of the company’s stock valued at $1,108,000 after buying an additional 5,107 shares in the last quarter. Sei Investments Co. raised its stake in shares of CECO Environmental by 41.3% during the 2nd quarter. Sei Investments Co. now owns 99,089 shares of the company’s stock worth $2,859,000 after acquiring an additional 28,960 shares in the last quarter. Thrivent Financial for Lutherans bought a new position in shares of CECO Environmental during the 2nd quarter worth approximately $11,857,000. AQR Capital Management LLC lifted its position in CECO Environmental by 95.6% during the second quarter. AQR Capital Management LLC now owns 124,672 shares of the company’s stock valued at $3,597,000 after acquiring an additional 60,925 shares during the last quarter. Finally, Driehaus Capital Management LLC grew its holdings in CECO Environmental by 37.4% in the second quarter. Driehaus Capital Management LLC now owns 586,249 shares of the company’s stock worth $16,913,000 after purchasing an additional 159,485 shares during the last quarter. Institutional investors own 68.08% 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.