CECO Environmental Corp. (NASDAQ:CECO) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of CECO Environmental Corp. (NASDAQ:CECO) have been given a consensus recommendation of “Moderate Buy” by the nine research firms that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $86.8333.

Several analysts have recently issued reports on CECO shares. Needham & Company LLC upped their target price on shares of CECO Environmental from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday. Craig Hallum reaffirmed a “buy” rating and set a $103.00 price objective on shares of CECO Environmental in a report on Tuesday. HC Wainwright upped their price objective on shares of CECO Environmental from $55.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, February 25th. Lake Street Capital reaffirmed a “buy” rating and set a $80.00 price objective on shares of CECO Environmental in a report on Wednesday, February 25th. Finally, Roth Mkm reaffirmed a “buy” rating and set a $85.00 price objective on shares of CECO Environmental in a report on Wednesday.

CECO Environmental Stock Performance

NASDAQ CECO opened at $74.30 on Friday. CECO Environmental has a 1 year low of $24.66 and a 1 year high of $81.72. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.33 and a quick ratio of 1.16. The firm has a market cap of $2.67 billion, a price-to-earnings ratio of 200.81 and a beta of 1.53. The company has a fifty day moving average price of $61.70 and a 200-day moving average price of $60.34.

CECO Environmental (NASDAQ:CECO) last posted its earnings results on Tuesday, April 28th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.24. CECO Environmental had a net margin of 1.70% and a return on equity of 13.69%. The firm had revenue of $205.92 million during the quarter, compared to analyst estimates of $198.88 million. During the same quarter in the prior year, the business posted $0.10 EPS. The business’s revenue was up 16.5% compared to the same quarter last year. As a group, equities research analysts predict that CECO Environmental will post 1.74 EPS for the current fiscal year.

Institutional Investors Weigh In On CECO Environmental

Several institutional investors have recently added to or reduced their stakes in CECO. Caitong International Asset Management Co. Ltd purchased a new stake in CECO Environmental during the third quarter valued at about $25,000. Morton Brown Family Wealth LLC purchased a new stake in CECO Environmental during the first quarter valued at about $29,000. Aventura Private Wealth LLC purchased a new stake in CECO Environmental during the fourth quarter valued at about $30,000. Advisory Services Network LLC purchased a new stake in CECO Environmental during the third quarter valued at about $31,000. Finally, Global Retirement Partners LLC purchased a new stake in CECO Environmental during the third quarter valued at about $50,000. 68.08% of the stock is owned by hedge funds and other institutional investors.

Key CECO Environmental News

Here are the key news stories impacting CECO Environmental this week:

• Positive Sentiment: Earnings call signals breakout growth — coverage of CECO’s recent earnings call highlights management’s stronger growth outlook and execution, reinforcing investor confidence in revenue and margin momentum. CECO Environmental’s Earnings Call Signals Breakout Growth
• Positive Sentiment: Zacks upgrades CECO to a Rank #1 (Strong Buy) — the upgrade signals rising analyst optimism and can attract short-term buying interest and momentum-driven flows. What Makes CECO (CECO) a New Strong Buy Stock
• Positive Sentiment: Northland Securities lifts multiple EPS forecasts — the firm raised FY2026 and FY2027 estimates materially (FY2026 to $1.86, FY2027 to $2.61) and increased several quarterly forecasts, signaling expectations for stronger earnings trajectory and supporting a higher valuation multiple. (Market commentary compiled from Northland updates)
• Positive Sentiment: Composite rating upgrade — a composite rating upgrade noted in coverage can broaden investor interest and improve perception of the stock’s prospects. Ceco Environmental gets a composite rating upgrade
• Neutral Sentiment: Small pullback in one quarterly estimate — Northland trimmed its Q2 2026 estimate slightly (from $0.33 to $0.32), a minor change that doesn’t alter the broader upward revisions but may temper near-term expectations.
• Negative Sentiment: Investor investigation into the Thermon deal — a Kahn Swick & Foti investigation into the proposed acquisition of Thermon Group raises the prospect of litigation or deal-process scrutiny, creating potential execution or timing risk for the acquisition and share dilution/price effects. Thermon Group Investor Alert

About CECO Environmental

CECO Environmental Corp. (NASDAQ: CECO) is a global technology provider specializing in engineered solutions that help industrial and commercial customers manage air emissions, process fluids and optimize energy use. The company develops custom-engineered systems and modular packages designed to meet evolving environmental regulations and improve operational efficiency across diverse production processes.

CECO’s core offerings include air pollution control equipment—such as scrubbers, cyclones, fabric and cartridge filters—and industrial process filtration systems for applications ranging from particulate removal to oil-water separation.