Northland Capmk Has Bearish Forecast for CECO Q3 Earnings

Key Points

• Northland Capmk has revised its Q3 2025 earnings estimate for CECO Environmental from $0.16 to $0.15 per share, while projecting full-year earnings of $0.67 per share.
• CECO Environmental reported a Q2 EPS of $0.24, exceeding analysts' expectations of $0.20, with a revenue of $185.39 million against an estimate of $178.66 million.
• Several analysts have increased their price targets for CECO Environmental, with HC Wainwright raising its target from $33.00 to $55.00 and Needham & Company increasing it from $34.00 to $44.00.

CECO Environmental Corp. (NASDAQ:CECO - Free Report) - Investment analysts at Northland Capmk lowered their Q3 2025 earnings per share (EPS) estimates for CECO Environmental in a research report issued to clients and investors on Wednesday, July 30th. Northland Capmk analyst B. Brooks now anticipates that the company will earn $0.15 per share for the quarter, down from their prior estimate of $0.16. 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 Q1 2026 earnings at $0.26 EPS, Q2 2026 earnings at $0.39 EPS, Q3 2026 earnings at $0.37 EPS, Q4 2026 earnings at $0.50 EPS and FY2026 earnings at $1.51 EPS.

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

Several other research firms have also recently issued reports on CECO. Lake Street Capital reiterated a "buy" rating and issued a $56.00 price objective on shares of CECO Environmental in a report on Wednesday. HC Wainwright lifted their price objective on CECO Environmental from $33.00 to $55.00 and gave the stock a "buy" rating in a report on Wednesday. Citigroup reiterated an "outperform" rating on shares of CECO Environmental in a report on Wednesday. Northland Securities set a $51.00 price objective on CECO Environmental in a report on Wednesday. Finally, 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 report on Tuesday. Six analysts have rated the stock with a buy rating, According to MarketBeat, CECO Environmental presently has a consensus rating of "Buy" and a consensus price target of $49.20.

CECO Environmental Price Performance

CECO stock traded up $0.18 during mid-day trading on Thursday, reaching $45.13. 887,920 shares of the company's stock were exchanged, compared to its average volume of 316,561. The company has a market cap of $1.59 billion, a price-to-earnings ratio of 31.56, a price-to-earnings-growth ratio of 2.62 and a beta of 1.39. The stock's 50 day moving average is $30.62 and its 200 day moving average is $26.62. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.34 and a quick ratio of 1.52. CECO Environmental has a 12-month low of $17.57 and a 12-month high of $46.07.

Insider Activity at CECO Environmental

In other news, Director Jason Dezwirek sold 70,000 shares of the business's stock in a transaction that occurred on Wednesday, July 30th. The stock was sold at an average price of $42.75, for a total transaction of $2,992,500.00. Following the transaction, the director directly owned 230,000 shares in the company, valued at $9,832,500. The trade was a 23.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at 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 in the company, 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. Over the last 90 days, insiders have sold 120,000 shares of company stock worth $5,128,900. Insiders own 18.40% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. American Century Companies Inc. raised its position in shares of CECO Environmental by 6.9% during the 4th quarter. American Century Companies Inc. now owns 52,720 shares of the company's stock valued at $1,594,000 after buying an additional 3,417 shares during the period. Sei Investments Co. raised its position in shares of CECO Environmental by 15.9% during the 4th quarter. Sei Investments Co. now owns 110,124 shares of the company's stock valued at $3,329,000 after buying an additional 15,104 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in shares of CECO Environmental during the 4th quarter valued at approximately $218,000. Vanguard Group Inc. raised its position in shares of CECO Environmental by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 1,648,674 shares of the company's stock valued at $49,839,000 after buying an additional 9,023 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of CECO Environmental by 15.3% during the 4th quarter. JPMorgan Chase & Co. now owns 16,894 shares of the company's stock valued at $511,000 after buying an additional 2,236 shares during the period. 68.08% of the stock is currently owned by institutional investors and hedge funds.

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.