HC Wainwright Brokers Raise Earnings Estimates for CECO

Key Points

• HC Wainwright raised its Q3 2025 earnings estimate for CECO Environmental from $0.27 to $0.38 per share, maintaining a "Buy" rating with a target price of $55.00.
• CECO Environmental's Q2 earnings surpassed estimates, reporting $0.24 per share on revenue of $185.39 million, above forecasts.
• Several analysts have also set price targets for CECO Environmental, with an average target price of $49.20 among six analysts rating the stock as a "Buy."

CECO Environmental Corp. (NASDAQ:CECO - Free Report) - Equities research analysts at HC Wainwright increased their Q3 2025 earnings per share estimates for shares of CECO Environmental in a research note issued on Wednesday, July 30th. HC Wainwright analyst A. Dayal now forecasts that the company will post earnings of $0.38 per share for the quarter, up from their previous forecast of $0.27. HC Wainwright has a "Buy" rating and a $55.00 price objective 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 $0.56 EPS, FY2025 earnings at $1.28 EPS and FY2026 earnings at $2.12 EPS.

CECO Environmental (NASDAQ:CECO - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $0.24 earnings per share for the quarter, topping analysts' consensus estimates of $0.20 by $0.04. The business had revenue of $185.39 million during the quarter, compared to the consensus estimate 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 issued reports on the company. Northland Securities set a $51.00 price target on CECO Environmental in a research report on Wednesday. Needham & Company LLC boosted their target price on shares of CECO Environmental from $34.00 to $44.00 and gave the company a "buy" rating in a research note on Tuesday. Lake Street Capital restated a "buy" rating and issued a $56.00 price target on shares of CECO Environmental in a research report on Wednesday. Finally, Citigroup reaffirmed an "outperform" rating on shares of CECO Environmental in a report on Wednesday. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $49.20.

CECO Environmental Stock Up 0.4%

NASDAQ CECO traded up $0.18 during trading hours on Friday, reaching $45.13. 887,920 shares of the company traded hands, compared to its average volume of 316,561. The stock has a market capitalization of $1.59 billion, a PE ratio of 31.56, a PEG ratio of 2.63 and a beta of 1.39. The company has a current ratio of 1.34, a quick ratio of 1.52 and a debt-to-equity ratio of 0.78. CECO Environmental has a 12 month low of $17.57 and a 12 month high of $46.07. The company has a 50 day moving average of $30.62 and a two-hundred day moving average of $26.58.

Insiders Place Their Bets

In related news, Director Jason Dezwirek sold 30,000 shares of CECO Environmental stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $43.54, for a total value of $1,306,200.00. Following the sale, the director directly owned 200,000 shares in the company, valued at $8,708,000. This trade represents a 13.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Claudio A. Mannarino sold 20,000 shares of the business's stock in a transaction that occurred on Wednesday, July 30th. The stock was sold at an average price of $41.51, for a total value of $830,200.00. Following the transaction, the director owned 77,589 shares of the company's stock, valued at approximately $3,220,719.39. This represents a 20.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,000 shares of company stock worth $5,128,900 over the last quarter. 18.40% of the stock is currently owned by company insiders.

Institutional Trading of CECO Environmental

Several hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC grew its stake in shares of CECO Environmental by 224.7% in the second 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 in the last quarter. Mackenzie Financial Corp acquired a new stake in CECO Environmental in the fourth quarter worth about $56,000. Heck Capital Advisors LLC bought a new position in CECO Environmental in the 4th quarter valued at about $74,000. KLP Kapitalforvaltning AS acquired a new position in CECO Environmental during the 4th quarter valued at about $218,000. Finally, Caption Management LLC bought a new stake in shares of CECO Environmental during the 1st quarter worth about $182,000. Institutional investors own 68.08% of the company's stock.

CECO Environmental Company Profile

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.