HC Wainwright Issues Optimistic Forecast for CECO Earnings

CECO Environmental Corp. (NASDAQ:CECO) – Investment analysts at HC Wainwright upped their Q2 2025 earnings per share (EPS) estimates for shares of CECO Environmental in a note issued to investors on Wednesday, February 26th. HC Wainwright analyst A. Dayal now expects that the company will earn $0.23 per share for the quarter, up from their prior estimate 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.

A number of other research analysts have also commented on the company. Northland Securities upped their target price on CECO Environmental from $35.00 to $38.00 and gave the company an “outperform” rating in a research note on Friday, December 20th. Craig Hallum lifted their price target on shares of CECO Environmental from $34.00 to $40.00 and gave the company a “buy” rating in a report on Monday, January 6th. Finally, 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. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $36.20.

CECO Environmental Stock Up 2.7 %

NASDAQ CECO opened at $25.18 on Friday. CECO Environmental has a twelve month low of $18.50 and a twelve month high of $35.16. 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 stock has a market cap of $880.77 million, a PE ratio of 76.31, a PEG ratio of 1.39 and a beta of 1.41. The firm has a 50-day simple moving average of $28.51 and a 200 day simple moving average of $28.24.

CECO Environmental (NASDAQ:CECO) last issued 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. The company had revenue of $158.60 million for the quarter, compared to the consensus estimate of $156.09 million. CECO Environmental had a return on equity of 11.12% and a net margin of 2.16%. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.28 EPS.

Institutional Investors Weigh In On CECO Environmental

A number of institutional investors and hedge funds have recently made changes to their positions in CECO. First Horizon Advisors Inc. boosted its stake in CECO Environmental by 71.6% in the third quarter. First Horizon Advisors Inc. now owns 1,416 shares of the company’s stock valued at $40,000 after acquiring an additional 591 shares during the last quarter. Mackenzie Financial Corp acquired a new stake in shares of CECO Environmental during the fourth quarter worth about $56,000. Quest Partners LLC bought a new position in CECO Environmental in the third quarter valued at approximately $69,000. Heck Capital Advisors LLC acquired a new position in shares of CECO Environmental in the fourth quarter valued at approximately $74,000. Finally, Morse Asset Management Inc bought a new stake in shares of CECO Environmental during the third quarter worth $76,000. Institutional investors own 68.08% of the company’s stock.

Insider Transactions at CECO Environmental

In other news, Director Richard F. Wallman acquired 1,000 shares of CECO Environmental 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 acquisition, the director now owns 207,117 shares in the company, valued at $5,208,992.55. This represents a 0.49 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 16.90% of the stock is owned by company insiders.

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.