Northland Capmk Issues Optimistic Estimate for CECO Earnings

Key Points

• Northland Capital Markets has upgraded its earnings estimates for CECO Environmental Corp. for Q4 2025, increasing the expected earnings per share from $0.46 to $0.47.
• CECO Environmental's most recent quarterly earnings report showed an EPS of $0.24, surpassing expectations of $0.20 and achieving revenues of $185.39 million, significantly above the forecasted $178.66 million.
• The stock currently has a consensus rating of "Buy" from six investment analysts, with a target price averaging $49.20, reflecting strong investor interest and optimism.

CECO Environmental Corp. (NASDAQ:CECO - Free Report) - Analysts at Northland Capmk raised their Q4 2025 EPS estimates for shares of CECO Environmental in a research note issued to investors on Wednesday, July 30th. Northland Capmk analyst B. Brooks now anticipates that the company will earn $0.47 per share for the quarter, up from their prior forecast of $0.46. The consensus estimate for CECO Environmental's current full-year earnings is $0.67 per share.

CECO Environmental (NASDAQ:CECO - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.04. The firm had revenue of $185.39 million for the quarter, compared to analyst estimates of $178.66 million. CECO Environmental had a net margin of 7.99% and a return on equity of 10.00%.

Several other equities research analysts have also weighed in on the stock. HC Wainwright increased their price objective on shares of CECO Environmental from $33.00 to $55.00 and gave the stock a "buy" rating in a research note on Wednesday. Lake Street Capital reiterated a "buy" rating and set a $56.00 price objective on shares of CECO Environmental in a research note on Wednesday. Needham & Company LLC increased their price objective on shares of CECO Environmental from $34.00 to $44.00 and gave the stock a "buy" rating in a research note on Tuesday. Citigroup reiterated an "outperform" rating on shares of CECO Environmental in a research note on Wednesday. Finally, Northland Securities set a $51.00 price target on shares of CECO Environmental in a research note on Wednesday. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $49.20.

CECO Environmental Stock Performance

CECO traded up $0.18 on Friday, hitting $45.13. 887,920 shares of the company's stock were exchanged, compared to its average volume of 316,561. The firm has a market cap of $1.59 billion, a PE ratio of 31.56, a P/E/G ratio of 2.63 and a beta of 1.39. CECO Environmental has a twelve month low of $17.57 and a twelve month high of $46.07. The stock has a fifty day moving average of $30.62 and a two-hundred day moving average of $26.58. The company has a current ratio of 1.34, a quick ratio of 1.52 and a debt-to-equity ratio of 0.78.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CECO. SageView Advisory Group LLC boosted its holdings in CECO Environmental by 1.6% during the first quarter. SageView Advisory Group LLC now owns 29,305 shares of the company's stock worth $668,000 after buying an additional 465 shares in the last quarter. Redwood Investments LLC boosted its stake in CECO Environmental by 0.6% in the 1st quarter. Redwood Investments LLC now owns 87,993 shares of the company's stock worth $2,006,000 after purchasing an additional 490 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in CECO Environmental by 3.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,652 shares of the company's stock worth $503,000 after purchasing an additional 591 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in CECO Environmental by 7.3% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,652 shares of the company's stock worth $266,000 after purchasing an additional 794 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in CECO Environmental by 224.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,445 shares of the company's stock worth $41,000 after purchasing an additional 1,000 shares during the period. Institutional investors and hedge funds own 68.08% of the company's stock.

Insider Buying and Selling

In related news, Director Jason Dezwirek sold 70,000 shares of the firm's stock in a transaction that occurred on Wednesday, July 30th. The shares were sold at an average price of $42.75, for a total transaction of $2,992,500.00. Following the transaction, the director owned 230,000 shares in the company, valued at $9,832,500. This trade represents a 23.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Claudio A. Mannarino sold 20,000 shares of the firm's stock in a transaction that occurred on Wednesday, July 30th. The shares were sold at an average price of $41.51, for a total transaction of $830,200.00. Following the transaction, the director owned 77,589 shares in the company, valued at $3,220,719.39. This represents a 20.49% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 120,000 shares of company stock worth $5,128,900 in the last quarter. 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.