Northland Capmk Issues Optimistic Forecast 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) - Investment analysts at Northland Capmk increased their Q4 2025 earnings estimates for shares of CECO Environmental in a note issued to investors on Wednesday, July 30th. Northland Capmk analyst B. Brooks now forecasts that the company will post earnings per share of $0.47 for the quarter, up from their previous estimate of $0.46. The consensus estimate for CECO Environmental's current full-year earnings is $0.67 per share.

CECO has been the topic of a number of other reports. HC Wainwright boosted their target price on shares of CECO Environmental from $33.00 to $55.00 and gave the stock a "buy" rating in a research report on Wednesday, July 30th. Lake Street Capital restated a "buy" rating and issued a $56.00 price target on shares of CECO Environmental in a research note on Wednesday, July 30th. Northland Securities set a $51.00 price target on shares of CECO Environmental in a research note on Wednesday, July 30th. Citigroup restated an "outperform" rating on shares of CECO Environmental in a research note on Wednesday, July 30th. Finally, Needham & Company LLC lifted their price target on shares of CECO Environmental from $34.00 to $44.00 and gave the stock a "buy" rating in a research note on Tuesday, July 29th. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $49.20.

CECO Environmental Stock Up 0.5%

Shares of NASDAQ CECO traded up $0.24 during trading on Friday, reaching $45.08. 234,013 shares of the stock were exchanged, compared to its average volume of 303,088. The business's 50-day moving average price is $30.97 and its 200 day moving average price is $26.65. CECO Environmental has a twelve month low of $17.57 and a twelve month high of $46.06. The company has a quick ratio of 1.13, a current ratio of 1.34 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $1.59 billion, a price-to-earnings ratio of 31.40, a price-to-earnings-growth ratio of 2.63 and a beta of 1.39.

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

Hedge Funds Weigh In On CECO Environmental

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Capital International Investors increased its position in CECO Environmental by 12.1% during the fourth quarter. Capital International Investors now owns 1,971,334 shares of the company's stock worth $59,593,000 after acquiring an additional 212,476 shares during the period. Hood River Capital Management LLC boosted its stake in CECO Environmental by 63.0% during the fourth quarter. Hood River Capital Management LLC now owns 1,740,740 shares of the company's stock worth $52,623,000 after buying an additional 673,050 shares in the last quarter. Vanguard Group Inc. boosted its stake in CECO Environmental by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 1,648,674 shares of the company's stock worth $49,839,000 after buying an additional 9,023 shares in the last quarter. King Luther Capital Management Corp boosted its stake in CECO Environmental by 8.9% during the first quarter. King Luther Capital Management Corp now owns 1,126,104 shares of the company's stock worth $25,675,000 after buying an additional 92,315 shares in the last quarter. Finally, William Blair Investment Management LLC boosted its stake in CECO Environmental by 4.9% during the second quarter. William Blair Investment Management LLC now owns 945,897 shares of the company's stock worth $26,778,000 after buying an additional 44,310 shares in the last quarter. Institutional investors own 68.08% of the company's stock.

Insider Activity

In other CECO Environmental news, Director Jason Dezwirek sold 70,000 shares of the firm's stock in a transaction dated Wednesday, July 30th. The shares were sold at an average price of $42.75, for a total value of $2,992,500.00. Following the completion of the transaction, the director directly 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 sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Claudio A. Mannarino sold 20,000 shares of the firm's stock in a transaction dated Wednesday, July 30th. The stock was sold at an average price of $41.51, for a total transaction of $830,200.00. Following the completion of the transaction, the director owned 77,589 shares of the company's stock, valued at approximately $3,220,719.39. The trade was a 20.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 120,000 shares of company stock valued at $5,128,900. 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.