CECO Environmental (CECO) Expected to Announce Quarterly Earnings on Tuesday

CECO Environmental (NASDAQ:CECO - Get Free Report) is projected to release its Q2 2025 earnings data before the market opens on Tuesday, July 29th. Analysts expect CECO Environmental to post earnings of $0.20 per share and revenue of $178.66 million for the quarter. CECO Environmental has set its FY 2025 guidance at EPS.

CECO Environmental (NASDAQ:CECO - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.10 EPS for the quarter, hitting analysts' consensus estimates of $0.10. The firm had revenue of $176.70 million during the quarter, compared to analyst estimates of $151.53 million. CECO Environmental had a return on equity of 10.10% and a net margin of 7.80%. The firm's quarterly revenue was up 39.9% compared to the same quarter last year. 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 2.2%

CECO traded up $0.75 during midday trading on Friday, reaching $34.63. 203,635 shares of the company were exchanged, compared to its average volume of 217,128. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.52 and a current ratio of 1.71. The company's fifty day moving average price is $29.18 and its 200 day moving average price is $26.26. The company has a market cap of $1.22 billion, a price-to-earnings ratio of 26.85, a price-to-earnings-growth ratio of 2.34 and a beta of 1.33. CECO Environmental has a one year low of $17.57 and a one year high of $35.16.

Hedge Funds Weigh In On CECO Environmental

Institutional investors have recently bought and sold shares of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in CECO Environmental by 5.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 93,137 shares of the company's stock valued at $2,124,000 after purchasing an additional 5,000 shares during the last quarter. Jane Street Group LLC purchased a new position in CECO Environmental in the first quarter valued at approximately $1,047,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in CECO Environmental by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,442 shares of the company's stock valued at $398,000 after purchasing an additional 790 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in CECO Environmental by 15.6% in the first quarter. Royal Bank of Canada now owns 14,661 shares of the company's stock valued at $335,000 after purchasing an additional 1,982 shares during the last quarter. Hedge funds and other institutional investors own 68.08% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on CECO shares. Needham & Company LLC boosted their target price on CECO Environmental from $33.00 to $34.00 and gave the stock a "buy" rating in a research note on Wednesday, April 30th. HC Wainwright upgraded CECO Environmental from a "neutral" rating to a "buy" rating and set a $33.00 target price on the stock in a research note on Wednesday, April 30th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, CECO Environmental has a consensus rating of "Buy" and an average price target of $36.00.

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.