What is Northland Capmk's Forecast for CECO Q2 Earnings?

CECO Environmental Corp. (NASDAQ:CECO - Free Report) - Equities researchers at Northland Capmk lowered their Q2 2025 EPS estimates for CECO Environmental in a report issued on Thursday, May 1st. Northland Capmk analyst B. Brooks now expects that the company will post earnings of $0.12 per share for the quarter, down from their prior estimate of $0.21. The consensus estimate for CECO Environmental's current full-year earnings is $0.67 per share. Northland Capmk also issued estimates for CECO Environmental's Q3 2025 earnings at $0.16 EPS, Q1 2026 earnings at $0.24 EPS, Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.27 EPS, Q4 2026 earnings at $0.56 EPS and FY2026 earnings at $1.38 EPS.

Several other equities analysts have also recently weighed in on the stock. Needham & Company LLC raised their target price on shares of CECO Environmental from $33.00 to $34.00 and gave the company a "buy" rating in a research note on Wednesday, April 30th. HC Wainwright upgraded CECO Environmental from a "neutral" rating to a "buy" rating and set a $33.00 price objective on the stock in a report on Wednesday, April 30th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $36.00.

CECO Environmental Stock Down 1.6 %

Shares of CECO traded down $0.41 on Monday, reaching $25.09. The stock had a trading volume of 23,396 shares, compared to its average volume of 286,060. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.12 and a current ratio of 1.30. The firm has a market capitalization of $884.87 million, a price-to-earnings ratio of 76.03, a price-to-earnings-growth ratio of 1.39 and a beta of 1.31. The company has a 50-day simple moving average of $22.25 and a 200-day simple moving average of $26.38. CECO Environmental has a 12-month low of $17.57 and a 12-month high of $35.16.

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Hood River Capital Management LLC raised its position in CECO Environmental by 63.0% in the fourth quarter. Hood River Capital Management LLC now owns 1,740,740 shares of the company's stock valued at $52,623,000 after purchasing an additional 673,050 shares during the period. Voya Investment Management LLC raised its position in shares of CECO Environmental by 6,409.3% in the fourth quarter. Voya Investment Management LLC now owns 645,853 shares of the company's stock valued at $19,524,000 after buying an additional 635,931 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of CECO Environmental during the fourth quarter valued at approximately $7,334,000. Capital International Investors raised its holdings in CECO Environmental by 12.1% in the 4th quarter. Capital International Investors now owns 1,971,334 shares of the company's stock valued at $59,593,000 after acquiring an additional 212,476 shares during the last quarter. Finally, Peregrine Capital Management LLC purchased a new stake in CECO Environmental in the 4th quarter valued at about $6,278,000. 68.08% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at CECO Environmental

In other news, Director Richard F. Wallman acquired 1,000 shares of the company's stock in a transaction that occurred on Wednesday, February 26th. The stock was purchased at an average price of $25.15 per share, with a total value of $25,150.00. Following the completion of the acquisition, the director now owns 207,117 shares of the company's stock, valued at $5,208,992.55. This trade represents a 0.49 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Peter K. Johansson sold 22,500 shares of the stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $22.80, for a total transaction of $513,000.00. Following the completion of the sale, the insider now directly owns 62,160 shares of the company's stock, valued at approximately $1,417,248. This trade represents a 26.58 % decrease in their position. The disclosure for this sale can be found here. 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.