Q3 EPS Estimate for CECO Environmental Lowered by Analyst

CECO Environmental Corp. (NASDAQ:CECO - Free Report) - Analysts at HC Wainwright dropped their Q3 2025 earnings per share estimates for CECO Environmental in a report released on Wednesday, April 30th. HC Wainwright analyst A. Dayal now anticipates that the company will post earnings per share of $0.27 for the quarter, down from their prior 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.

Separately, Needham & Company LLC increased their target price on CECO Environmental from $33.00 to $34.00 and gave the stock a "buy" rating in a report on Wednesday, April 30th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $36.00.

CECO Environmental Trading Down 0.5 %

CECO traded down $0.14 during trading on Friday, reaching $25.30. 79,040 shares of the company's stock were exchanged, compared to its average volume of 286,956. The stock has a market capitalization of $892.10 million, a PE ratio of 76.62, a price-to-earnings-growth ratio of 1.39 and a beta of 1.31. The firm has a fifty day moving average price of $22.22 and a two-hundred day moving average price of $26.40. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.50. CECO Environmental has a one year low of $17.57 and a one year high of $35.16.

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

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Raymond James Financial Inc. bought a new stake in CECO Environmental in the 4th quarter worth approximately $7,334,000. Van ECK Associates Corp boosted its stake in shares of CECO Environmental by 41.6% during the 4th quarter. Van ECK Associates Corp now owns 538,092 shares of the company's stock worth $16,267,000 after acquiring an additional 158,215 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of CECO Environmental by 17.6% in the 3rd quarter. Principal Financial Group Inc. now owns 22,246 shares of the company's stock worth $627,000 after purchasing an additional 3,330 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in CECO Environmental by 0.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 237,464 shares of the company's stock valued at $7,179,000 after purchasing an additional 1,967 shares in the last quarter. Finally, Sei Investments Co. raised its stake in shares of CECO Environmental by 15.9% in the fourth quarter. Sei Investments Co. now owns 110,124 shares of the company's stock worth $3,329,000 after buying an additional 15,104 shares during the period. Hedge funds and other institutional investors own 68.08% of the company's stock.

Insider Transactions at CECO Environmental

In other news, insider Peter K. Johansson sold 5,601 shares of the business's stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $24.15, for a total transaction of $135,264.15. Following the sale, the insider now owns 84,660 shares in the company, valued at approximately $2,044,539. The trade was a 6.21 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Richard F. Wallman acquired 1,000 shares of CECO Environmental stock in a transaction that occurred on Wednesday, February 26th. The shares were bought at an average cost 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 disclosure for this purchase can be found here. Company insiders own 18.40% 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.