Research Analysts Issue Forecasts for CECO Q3 Earnings

Key Points

• Roth Capital has raised its Q3 2025 earnings per share estimate for CECO Environmental to $0.27, up from $0.24, with a full-year estimate of $0.67 per share.
• CECO Environmental reported earnings of $0.24 per share for the last quarter, exceeding the consensus expectation of $0.20, alongside revenues of $185.39 million.
• Multiple analysts have upgraded CECO Environmental's stock ratings, with price targets ranging from $44.00 to $56.00, reflecting strong institutional support and a high average rating of "Buy."

CECO Environmental Corp. (NASDAQ:CECO - Free Report) - Equities researchers at Roth Capital upped their Q3 2025 EPS estimates for CECO Environmental in a research note issued on Wednesday, July 30th. Roth Capital analyst G. Sweeney now forecasts that the company will earn $0.27 per share for the quarter, up from their previous estimate of $0.24. The consensus estimate for CECO Environmental's current full-year earnings is $0.67 per share. Roth Capital also issued estimates for CECO Environmental's Q4 2025 earnings at $0.41 EPS and FY2026 earnings at $1.38 EPS.

CECO Environmental (NASDAQ:CECO - Get Free Report) last issued its earnings results on Tuesday, July 29th. The company reported $0.24 earnings per share (EPS) 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 the consensus estimate of $178.66 million. CECO Environmental had a net margin of 7.99% and a return on equity of 10.00%.

A number of other analysts have also recently commented on the stock. Lake Street Capital reaffirmed a "buy" rating and set a $56.00 target price on shares of CECO Environmental in a report on Wednesday, July 30th. HC Wainwright upped their target price on shares of CECO Environmental from $33.00 to $55.00 and gave the company a "buy" rating in a report on Wednesday, July 30th. Northland Securities set a $51.00 target price on shares of CECO Environmental in a report on Wednesday, July 30th. 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, July 29th. Finally, Citigroup reissued an "outperform" rating on shares of CECO Environmental in a research note on Wednesday, July 30th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $49.20.

CECO Environmental Stock Performance

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

Insider Buying and Selling at CECO Environmental

In related news, Director Jason Dezwirek sold 70,000 shares of the firm'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 of the company's stock, valued at approximately $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 SEC, which is accessible through this link. Also, Director Claudio A. Mannarino sold 20,000 shares of the firm's stock in a transaction 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 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 ownership of the stock. 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 ninety days. 18.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On CECO Environmental

A number of institutional investors and hedge funds have recently made changes to their positions in CECO. Hood River Capital Management LLC grew its stake in shares of CECO Environmental by 63.0% in the 4th 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. Voya Investment Management LLC grew its stake in shares of CECO Environmental by 6,409.3% in the 4th quarter. Voya Investment Management LLC now owns 645,853 shares of the company's stock worth $19,524,000 after buying an additional 635,931 shares in the last quarter. Granahan Investment Management LLC purchased a new position in shares of CECO Environmental in the 1st quarter worth $7,237,000. Raymond James Financial Inc. purchased a new position in shares of CECO Environmental in the 4th quarter worth $7,334,000. Finally, Wellington Management Group LLP grew its stake in shares of CECO Environmental by 74.6% in the 1st quarter. Wellington Management Group LLP now owns 541,980 shares of the company's stock worth $12,357,000 after buying an additional 231,613 shares in the last quarter. 68.08% of the stock is owned by hedge funds and other institutional investors.

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.