Q3 EPS Estimate for CECO Environmental Lifted by Analyst

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) - Investment analysts at Roth Capital boosted their Q3 2025 earnings estimates for CECO Environmental in a research note issued on Wednesday, July 30th. Roth Capital analyst G. Sweeney now forecasts that the company will post earnings per share of $0.27 for the quarter, up from their prior 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 posted its earnings results on Tuesday, July 29th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.04. The company had revenue of $185.39 million for the quarter, compared to analyst estimates of $178.66 million. CECO Environmental had a return on equity of 10.00% and a net margin of 7.99%.

Several other research analysts also recently issued reports on the company. Needham & Company LLC lifted their price objective on CECO Environmental from $34.00 to $44.00 and gave the stock a "buy" rating in a research report on Tuesday. Northland Securities set a $51.00 price target on CECO Environmental in a report on Wednesday. Citigroup reaffirmed an "outperform" rating on shares of CECO Environmental in a research note on Wednesday. HC Wainwright boosted their target price on shares of CECO Environmental from $33.00 to $55.00 and gave the company a "buy" rating in a research note on Wednesday. Finally, Lake Street Capital restated a "buy" rating and issued a $56.00 target price on shares of CECO Environmental in a report on Wednesday. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $49.20.

CECO Environmental Price Performance

Shares of NASDAQ CECO traded up $0.18 on Friday, hitting $45.13. The company's stock had a trading volume of 887,920 shares, compared to its average volume of 316,561. The stock has a 50 day moving average of $30.62 and a 200-day moving average of $26.58. The company has a market capitalization of $1.59 billion, a price-to-earnings ratio of 31.56, a price-to-earnings-growth ratio of 2.63 and a beta of 1.39. CECO Environmental has a 12-month low of $17.57 and a 12-month high of $46.07. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.34 and a quick ratio of 1.52.

Insider Activity

In other news, Director Claudio A. Mannarino sold 20,000 shares of the stock in a transaction dated 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 in the company, valued at $3,220,719.39. This represents a 20.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jason Dezwirek sold 70,000 shares of the firm's stock in a transaction that occurred on Wednesday, July 30th. The stock was sold at an average price of $42.75, for a total transaction of $2,992,500.00. Following the completion of the sale, the director directly owned 230,000 shares in the company, valued at $9,832,500. This represents a 23.33% 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 worth $5,128,900 over the last quarter. 18.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On CECO Environmental

A number of large investors have recently bought and sold shares of the stock. SageView Advisory Group LLC grew its stake in CECO Environmental by 1.6% during the first quarter. SageView Advisory Group LLC now owns 29,305 shares of the company's stock worth $668,000 after buying an additional 465 shares during the period. Redwood Investments LLC boosted its position in CECO Environmental by 0.6% during the 1st quarter. Redwood Investments LLC now owns 87,993 shares of the company's stock worth $2,006,000 after purchasing an additional 490 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in CECO Environmental by 3.7% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,652 shares of the company's stock worth $503,000 after purchasing an additional 591 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in CECO Environmental by 7.3% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,652 shares of the company's stock valued at $266,000 after purchasing an additional 794 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in CECO Environmental by 224.7% in the second quarter. Farther Finance Advisors LLC now owns 1,445 shares of the company's stock valued at $41,000 after purchasing an additional 1,000 shares during the period. Hedge funds and other institutional investors own 68.08% 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.