CECO Environmental Corp. (NASDAQ:CECO) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• Consensus "Moderate Buy": Eight analysts cover CECO (six buys, two holds) with an average 1‑year price target of $78.20, and several firms recently raised targets — notably HC Wainwright to $90.
• Mixed quarterly results: CECO reported EPS of $0.08 (missing estimates of $0.43) while revenue of $214.7M topped expectations and rose 35.4% YoY.
• Stock and valuation snapshot: shares opened at $54.28 with a 12‑month range of $17.57–$81.72, a market cap of about $1.94B and a P/E near 39.9.

CECO Environmental Corp. (NASDAQ:CECO - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the eight research firms that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $78.20.

Several analysts have commented on CECO shares. HC Wainwright lifted their target price on shares of CECO Environmental from $55.00 to $90.00 and gave the stock a "buy" rating in a research note on Wednesday, February 25th. Roth Mkm increased their price target on CECO Environmental from $58.00 to $68.00 and gave the stock a "buy" rating in a research note on Wednesday, February 25th. Needham & Company LLC lifted their price objective on CECO Environmental from $75.00 to $80.00 and gave the company a "buy" rating in a research report on Wednesday, February 25th. Lake Street Capital reiterated a "buy" rating and set a $80.00 target price on shares of CECO Environmental in a research report on Wednesday, February 25th. Finally, Northland Securities lifted their price target on CECO Environmental from $60.00 to $73.00 and gave the company an "outperform" rating in a report on Wednesday, December 24th.

CECO Environmental Price Performance

NASDAQ:CECO opened at $54.28 on Friday. CECO Environmental has a 12-month low of $17.57 and a 12-month high of $81.72. The firm has a market cap of $1.94 billion, a price-to-earnings ratio of 39.91 and a beta of 1.39. The company's 50-day moving average is $66.19 and its two-hundred day moving average is $57.01. The company has a current ratio of 1.34, a quick ratio of 1.16 and a debt-to-equity ratio of 0.65.

CECO Environmental (NASDAQ:CECO - Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.35). The firm had revenue of $214.69 million for the quarter, compared to analysts' expectations of $205.39 million. CECO Environmental had a return on equity of 10.60% and a net margin of 6.46%.The business's quarterly revenue was up 35.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.27 earnings per share. Research analysts expect that CECO Environmental will post 0.67 EPS for the current year.

Institutional Investors Weigh In On CECO Environmental

A number of institutional investors have recently added to or reduced their stakes in CECO. Caitong International Asset Management Co. Ltd purchased a new position in shares of CECO Environmental in the 3rd quarter worth about $25,000. Aventura Private Wealth LLC purchased a new stake in shares of CECO Environmental during the 4th quarter worth about $30,000. Advisory Services Network LLC acquired a new stake in CECO Environmental during the 3rd quarter worth approximately $31,000. Global Retirement Partners LLC acquired a new stake in CECO Environmental during the 3rd quarter worth approximately $50,000. Finally, First Horizon Corp purchased a new position in CECO Environmental in the third quarter valued at approximately $64,000. Hedge funds and other institutional investors own 68.08% of the company's stock.

CECO Environmental Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.