Roth Capital Weighs in on CECO Environmental Corp.'s FY2025 Earnings (NASDAQ:CECO)

CECO Environmental Corp. (NASDAQ:CECO - Free Report) - Equities research analysts at Roth Capital issued their FY2025 earnings per share (EPS) estimates for CECO Environmental in a report released on Wednesday, May 1st. Roth Capital analyst G. Sweeney forecasts that the company will earn $1.16 per share for the year. The consensus estimate for CECO Environmental's current full-year earnings is $0.94 per share.

Other analysts have also issued research reports about the company. Northland Securities increased their price objective on CECO Environmental from $27.00 to $28.00 and gave the company an "outperform" rating in a research note on Wednesday, March 6th. Roth Mkm raised their price target on shares of CECO Environmental from $22.00 to $25.00 and gave the stock a "buy" rating in a report on Wednesday, March 6th. Needham & Company LLC upped their price objective on shares of CECO Environmental from $23.00 to $26.00 and gave the company a "buy" rating in a research note on Wednesday. Craig Hallum raised their target price on CECO Environmental from $25.00 to $28.00 and gave the stock a "buy" rating in a research note on Wednesday. Finally, HC Wainwright reaffirmed a "buy" rating and set a $30.00 price target on shares of CECO Environmental in a research report on Wednesday. Five research analysts have rated the stock with a buy rating, According to MarketBeat, CECO Environmental presently has an average rating of "Buy" and an average target price of $27.40.

CECO Environmental Price Performance

Shares of CECO stock traded down $0.52 during trading hours on Friday, hitting $22.45. 554,790 shares of the company's stock were exchanged, compared to its average volume of 261,595. The company has a market capitalization of $784.40 million, a PE ratio of 64.14, a PEG ratio of 1.57 and a beta of 1.24. The company has a current ratio of 1.38, a quick ratio of 1.22 and a debt-to-equity ratio of 0.53. CECO Environmental has a 12-month low of $10.68 and a 12-month high of $25.82. The business's 50 day simple moving average is $22.70 and its 200-day simple moving average is $20.36.

CECO Environmental (NASDAQ:CECO - Get Free Report) last announced its quarterly earnings data on Tuesday, April 30th. The company reported $0.11 earnings per share for the quarter, meeting analysts' consensus estimates of $0.11. The company had revenue of $126.30 million for the quarter, compared to analysts' expectations of $135.82 million. CECO Environmental had a return on equity of 11.57% and a net margin of 2.23%. CECO Environmental's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period last year, the firm posted $0.10 EPS.

Institutional Trading of CECO Environmental

Several institutional investors have recently added to or reduced their stakes in the business. AJOVista LLC purchased a new stake in shares of CECO Environmental during the fourth quarter valued at $57,000. Tower Research Capital LLC TRC boosted its holdings in shares of CECO Environmental by 89.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,641 shares of the company's stock valued at $94,000 after acquiring an additional 2,195 shares during the last quarter. Kessler Investment Group LLC bought a new stake in shares of CECO Environmental in the fourth quarter worth approximately $125,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of CECO Environmental during the fourth quarter valued at approximately $159,000. Finally, Guyasuta Investment Advisors Inc. bought a new position in CECO Environmental during the fourth quarter valued at approximately $203,000. 68.08% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at CECO Environmental

In related news, Director Laurie Siegel purchased 2,500 shares of the business's stock in a transaction that occurred on Wednesday, March 6th. The shares were bought at an average price of $19.87 per share, for a total transaction of $49,675.00. Following the purchase, the director now directly owns 7,906 shares of the company's stock, valued at approximately $157,092.22. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Director Richard F. Wallman purchased 5,000 shares of the business's stock in a transaction dated Wednesday, May 1st. The shares were purchased at an average price of $21.95 per share, for a total transaction of $109,750.00. Following the completion of the acquisition, the director now directly owns 191,853 shares in the company, valued at approximately $4,211,173.35. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Laurie Siegel acquired 2,500 shares of the firm's stock in a transaction that occurred on Wednesday, March 6th. The stock was purchased at an average price of $19.87 per share, with a total value of $49,675.00. Following the completion of the acquisition, the director now owns 7,906 shares in the company, valued at $157,092.22. The disclosure for this purchase can be found here. Insiders own 16.90% 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.