CECO Environmental (CECO) Expected to Announce Earnings on Tuesday

CECO Environmental (NASDAQ:CECO - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $151.53 million for the quarter.

CECO Environmental (NASDAQ:CECO - Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The company reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.05. The firm had revenue of $158.60 million during the quarter, compared to analysts' expectations of $156.09 million. CECO Environmental had a return on equity of 11.12% and a net margin of 2.16%. The firm's quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.28 EPS. On average, analysts expect CECO Environmental to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

CECO Environmental Stock Up 2.7 %

Shares of NASDAQ CECO traded up $0.53 during mid-day trading on Friday, reaching $19.93. 243,493 shares of the company were exchanged, compared to its average volume of 288,408. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.50. The stock has a market cap of $701.87 million, a price-to-earnings ratio of 60.40, a P/E/G ratio of 1.39 and a beta of 1.30. CECO Environmental has a 1 year low of $17.57 and a 1 year high of $35.16. The firm has a 50-day moving average of $22.27 and a 200 day moving average of $26.55.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. HC Wainwright restated a "neutral" rating on shares of CECO Environmental in a research note on Wednesday, February 26th. Needham & Company LLC reiterated a "buy" rating and issued a $33.00 price target on shares of CECO Environmental in a research note on Wednesday, February 26th. Finally, Craig Hallum increased their price target on CECO Environmental from $34.00 to $40.00 and gave the company a "buy" rating in a research note on Monday, January 6th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, CECO Environmental has a consensus rating of "Moderate Buy" and a consensus price target of $36.20.

Insider Buying and Selling at CECO Environmental

In other news, insider Peter K. Johansson sold 5,601 shares of the firm's stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $24.15, for a total value of $135,264.15. Following the completion of the transaction, the insider now directly owns 84,660 shares in the company, valued at $2,044,539. This trade represents a 6.21 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Richard F. Wallman acquired 1,000 shares of CECO Environmental stock in a transaction dated Wednesday, February 26th. The stock was purchased at an average price of $25.15 per share, with a total value of $25,150.00. Following the completion of the purchase, the director now owns 207,117 shares of the company's stock, valued at approximately $5,208,992.55. The trade was a 0.49 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 16.90% of the stock is currently owned by company insiders.

CECO Environmental Company Profile

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.