CECO Environmental (TXSE:CECO – Get Free Report) had its price objective raised by analysts at JPMorgan Chase & Co. from $110.00 to $120.00 in a research note issued to investors on Tuesday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 129.45% from the company’s current price.
Several other equities research analysts also recently weighed in on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $110.00 price target on shares of CECO Environmental in a research note on Tuesday, August 11th. Zacks Research raised shares of CECO Environmental from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 13th. TD Cowen began coverage on CECO Environmental in a research note on Wednesday, August 5th. They issued a “buy” rating and a $85.00 target price for the company. Weiss Ratings downgraded CECO Environmental from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, September 16th. Finally, Northland Securities set a $125.00 target price on CECO Environmental in a research report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $103.62.
Check Out Our Latest Analysis on CECO
CECO Environmental Trading Up 0.6%
Shares of CECO Environmental stock traded up $0.30 on Tuesday, reaching $52.30. 747,487 shares of the company’s stock were exchanged, compared to its average volume of 813,411. The company has a market capitalization of $3.06 billion, a P/E ratio of -76.14 and a beta of 1.63. CECO Environmental has a 52 week low of $37.15 and a 52 week high of $101.24. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.18 and a current ratio of 1.50. The firm’s 50-day moving average is $64.40 and its two-hundred day moving average is $71.21.
CECO Environmental (TXSE:CECO – Get Free Report) last released its quarterly earnings data on Monday, November 9th. The company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.61 by ($0.01). CECO Environmental had a negative net margin of 3.39% and a positive return on equity of 7.36%. The company had revenue of $404.43 million during the quarter, compared to the consensus estimate of $397.96 million. During the same quarter in the prior year, the firm earned $0.04 EPS. Sell-side analysts predict that CECO Environmental will post 2.43 EPS for the current fiscal year.
Institutional Trading of CECO Environmental
Hedge funds and other institutional investors have recently bought and sold shares of the business. HighTower Advisors LLC increased its stake in CECO Environmental by 17.7% in the 3rd quarter. HighTower Advisors LLC now owns 43,358 shares of the company’s stock valued at $3,019,000 after buying an additional 6,533 shares during the last quarter. White Pine Capital LLC bought a new position in shares of CECO Environmental during the 3rd quarter worth approximately $4,391,000. Fifth Third Bancorp lifted its position in shares of CECO Environmental by 29.0% during the 3rd quarter. Fifth Third Bancorp now owns 2,546 shares of the company’s stock worth $177,000 after buying an additional 572 shares in the last quarter. New South Capital Management Inc. lifted its position in shares of CECO Environmental by 19.1% during the 3rd quarter. New South Capital Management Inc. now owns 306,414 shares of the company’s stock worth $21,339,000 after buying an additional 49,087 shares in the last quarter. Finally, Penn Capital Management Company LLC boosted its stake in shares of CECO Environmental by 3.3% in the 3rd quarter. Penn Capital Management Company LLC now owns 245,011 shares of the company’s stock worth $17,088,000 after buying an additional 7,892 shares during the last quarter. Institutional investors own 68.08% of the company’s stock.
More CECO Environmental News
Here are the key news stories impacting CECO Environmental this week:
- Positive Sentiment: CECO outlined 2027 revenue of $2.1 billion–$2.3 billion and adjusted EBITDA of $475 million–$525 million, citing accelerating synergies from its Thermon acquisition. The projections signal significant expected scale and profitability, though they include the impact of the acquired business. CECO 2027 outlook
- Positive Sentiment: Third-quarter revenue was $404.4 million, above the roughly $398 million consensus estimate. Reports also highlighted a sharp increase in orders and backlog, with the backlog surge substantially reflecting Thermon’s contribution. CECO earnings and guidance CECO backlog report
- Positive Sentiment: The company issued FY2026 revenue guidance of $1.3 billion–$1.4 billion, a range that begins in line with analyst expectations and extends above them. CECO third-quarter results
- Negative Sentiment: Quarterly EPS of $0.60 narrowly missed the $0.61 consensus, and coverage reported that CECO slipped to a net loss. The small earnings shortfall and loss temper the otherwise strong revenue and outlook news. CECO Q3 earnings snapshot
About CECO Environmental
CECO Environmental Corp. (NASDAQ:CECO) is an industrial technology company that designs and supplies environmental and engineered equipment for industrial processes. Its solutions help customers control air pollution, manage industrial emissions, improve process efficiency and handle fluids in demanding operating environments.
The company’s product and service offerings include air pollution control systems, industrial ventilation and filtration equipment, scrubbers, fans, dust collection systems, thermal and heat-transfer equipment, pumps and other fluid-handling technologies.
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