HC Wainwright Analysts 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 raised their Q3 2025 earnings 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 estimate 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.

Several other brokerages have also recently commented on CECO. Citigroup restated an "outperform" rating on shares of CECO Environmental in a research note on Wednesday, July 30th. Northland Securities set a $51.00 target price on shares of CECO Environmental in a research note on Wednesday, July 30th. 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, July 29th. Finally, Lake Street Capital reiterated a "buy" rating and issued a $56.00 target price on shares of CECO Environmental in a research note on Wednesday, July 30th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $49.20.

CECO Environmental Stock Performance

NASDAQ CECO traded up $0.01 on Friday, hitting $44.85. 213,985 shares of the company's stock traded hands, compared to its average volume of 303,010. The company has a current ratio of 1.34, a quick ratio of 1.13 and a debt-to-equity ratio of 0.78. CECO Environmental has a 1-year low of $17.57 and a 1-year high of $46.06. The firm's 50-day moving average price is $30.97 and its two-hundred day moving average price is $26.65. The firm has a market capitalization of $1.58 billion, a PE ratio of 31.36, a P/E/G ratio of 2.63 and a beta of 1.39.

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

Institutional Investors Weigh In On CECO Environmental

A number of large investors have recently modified their holdings of CECO. SageView Advisory Group LLC lifted its position in CECO Environmental by 1.6% in the first quarter. SageView Advisory Group LLC now owns 29,305 shares of the company's stock valued at $668,000 after buying an additional 465 shares during the last quarter. Redwood Investments LLC lifted its position in CECO Environmental by 0.6% in the first quarter. Redwood Investments LLC now owns 87,993 shares of the company's stock valued at $2,006,000 after buying an additional 490 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in CECO Environmental by 3.7% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,652 shares of the company's stock valued at $503,000 after buying an additional 591 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of CECO Environmental by 7.3% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,652 shares of the company's stock worth $266,000 after purchasing an additional 794 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of CECO Environmental by 224.7% during 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. Hedge funds and other institutional investors own 68.08% of the company's stock.

Insiders Place Their Bets

In other CECO Environmental news, Director Jason Dezwirek sold 70,000 shares of the company's stock in a transaction 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 completion of the transaction, the director directly owned 230,000 shares in the company, valued at approximately $9,832,500. This represents a 23.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Claudio A. Mannarino sold 20,000 shares of the company's stock in a transaction on Wednesday, July 30th. The stock was sold at an average price of $41.51, for a total transaction of $830,200.00. Following the sale, the director directly owned 77,589 shares of the company's stock, valued at $3,220,719.39. The trade was 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 valued at $5,128,900 over the last 90 days. 18.40% of the stock is currently owned by company insiders.

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.