HC Wainwright Brokers Reduce Earnings Estimates for CECO

CECO Environmental Corp. (NASDAQ:CECO - Free Report) - Equities research analysts at HC Wainwright dropped their Q3 2025 earnings per share (EPS) estimates for CECO Environmental in a research note issued on Wednesday, April 30th. HC Wainwright analyst A. Dayal now expects that the company will earn $0.27 per share for the quarter, down from their previous estimate of $0.31. HC Wainwright currently has a "Buy" rating and a $33.00 target price on the stock. The consensus estimate for CECO Environmental's current full-year earnings is $0.67 per share. HC Wainwright also issued estimates for CECO Environmental's Q4 2025 earnings at $0.27 EPS, FY2025 earnings at $0.90 EPS and FY2026 earnings at $1.51 EPS.

CECO Environmental (NASDAQ:CECO - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.10 earnings per share for the quarter, meeting analysts' consensus estimates of $0.10. CECO Environmental had a return on equity of 11.12% and a net margin of 2.16%. The company had revenue of $176.70 million for the quarter, compared to the consensus estimate of $151.53 million. The company's revenue was up 39.9% on a year-over-year basis.

A number of other brokerages also recently commented on CECO. Needham & Company LLC upped 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. Craig Hallum increased their price target on shares of CECO Environmental from $34.00 to $40.00 and gave the stock a "buy" rating in a report on Monday, January 6th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $36.00.

CECO Environmental Stock Performance

CECO Environmental stock traded down $0.56 during trading hours on Friday, hitting $25.36. 420,654 shares of the stock traded hands, compared to its average volume of 288,376. CECO Environmental has a 1 year low of $17.57 and a 1 year high of $35.16. The stock has a market capitalization of $893.10 million, a price-to-earnings ratio of 76.85, a P/E/G ratio of 1.39 and a beta of 1.30. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.30 and a quick ratio of 1.12. The firm's 50 day moving average price is $22.19 and its 200-day moving average price is $26.42.

Insiders Place Their Bets

In other news, Director Richard F. Wallman purchased 1,000 shares of CECO Environmental stock in a transaction dated Wednesday, February 26th. The shares were purchased at an average price of $25.15 per share, with a total value of $25,150.00. Following the transaction, the director now owns 207,117 shares in the company, valued at $5,208,992.55. This represents a 0.49 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Peter K. Johansson sold 5,601 shares of the stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $24.15, for a total value of $135,264.15. Following the transaction, the insider now owns 84,660 shares of the company's stock, valued at approximately $2,044,539. This represents a 6.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 18.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On CECO Environmental

A number of institutional investors and hedge funds have recently modified their holdings of CECO. Mackenzie Financial Corp acquired a new position in CECO Environmental in the fourth quarter valued at $56,000. Heck Capital Advisors LLC purchased a new position in CECO Environmental during the 4th quarter worth approximately $74,000. Morse Asset Management Inc acquired a new position in CECO Environmental during the third quarter worth approximately $76,000. Jones Financial Companies Lllp boosted its holdings in shares of CECO Environmental by 127.0% in the fourth quarter. Jones Financial Companies Lllp now owns 2,963 shares of the company's stock valued at $90,000 after acquiring an additional 1,658 shares during the period. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of CECO Environmental in the fourth quarter valued at approximately $218,000. Institutional investors and hedge funds own 68.08% of the company's stock.

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.