Northland Capmk Issues Negative Estimate for CECO Earnings

CECO Environmental Corp. (NASDAQ:CECO) – Equities researchers at Northland Capmk reduced their Q2 2025 EPS estimates for shares of CECO Environmental in a research report issued 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 prior forecast of $0.27. The consensus estimate for CECO Environmental’s current full-year earnings is $0.67 per share.

CECO Environmental (NASDAQ:CECO) last issued its quarterly earnings data on Tuesday, February 25th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. CECO Environmental had a net margin of 2.16% and a return on equity of 11.12%. The business had revenue of $158.60 million during the quarter, compared to analysts’ expectations of $156.09 million. During the same period last year, the company posted $0.28 EPS. The business’s revenue was up 3.2% on a year-over-year basis.

A number of other equities analysts have also recently commented on CECO. Craig Hallum lifted their price target on shares of 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 lifted their price target on shares of CECO Environmental from $35.00 to $38.00 and gave the stock an “outperform” rating in a research note on Friday, December 20th. Needham & Company LLC reaffirmed a “buy” rating and set a $33.00 price target on shares of CECO Environmental in a research note on Wednesday. Finally, HC Wainwright reiterated a “neutral” rating on shares of CECO Environmental in a report on Wednesday. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, CECO Environmental currently has a consensus rating of “Moderate Buy” and an average target price of $36.20.

CECO Environmental Stock Performance

Shares of NASDAQ:CECO opened at $24.52 on Thursday. CECO Environmental has a 52 week low of $18.50 and a 52 week high of $35.16. The stock has a market capitalization of $857.69 million, a P/E ratio of 74.31, a PEG ratio of 1.39 and a beta of 1.41. The firm has a fifty day simple moving average of $28.60 and a two-hundred day simple moving average of $28.26. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.50.

Institutional Investors Weigh In On CECO Environmental

Several large investors have recently modified their holdings of the business. Capital International Investors raised its holdings in shares of CECO Environmental by 12.1% in the 4th quarter. Capital International Investors now owns 1,971,334 shares of the company’s stock valued at $59,593,000 after purchasing an additional 212,476 shares in the last quarter. Hood River Capital Management LLC raised its holdings in shares of CECO Environmental by 63.0% in the 4th quarter. Hood River Capital Management LLC now owns 1,740,740 shares of the company’s stock valued at $52,623,000 after purchasing an additional 673,050 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of CECO Environmental by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 1,648,674 shares of the company’s stock valued at $49,839,000 after purchasing an additional 9,023 shares in the last quarter. King Luther Capital Management Corp raised its stake in shares of CECO Environmental by 2.3% during the 4th quarter. King Luther Capital Management Corp now owns 1,033,789 shares of the company’s stock worth $31,251,000 after acquiring an additional 23,239 shares in the last quarter. Finally, Royce & Associates LP raised its stake in shares of CECO Environmental by 27.2% during the 4th quarter. Royce & Associates LP now owns 915,212 shares of the company’s stock worth $27,667,000 after acquiring an additional 195,425 shares in 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.