Northland Capmk Has Pessimistic Outlook of 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) - Research analysts at Northland Capmk lowered their Q3 2025 earnings per share estimates for CECO Environmental in a note issued to investors on Wednesday, July 30th. Northland Capmk analyst B. Brooks now forecasts that the company will post earnings per share of $0.15 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 posted its quarterly earnings data 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 business had revenue of $185.39 million during 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%.

Other research analysts also recently issued reports about the company. Needham & Company LLC raised their price target on CECO Environmental from $34.00 to $44.00 and gave the company a "buy" rating in a research note on Tuesday, July 29th. HC Wainwright raised their price target on CECO Environmental from $33.00 to $55.00 and gave the company a "buy" rating in a research note on Wednesday, July 30th. Northland Securities set a $51.00 price target on CECO Environmental in a research note on Wednesday. Citigroup restated an "outperform" rating on shares of CECO Environmental in a research note on Wednesday. Finally, Lake Street Capital restated a "buy" rating and issued a $56.00 price target on shares of CECO Environmental in a research note on Wednesday. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, CECO Environmental presently has an average rating of "Buy" and a consensus target price of $49.20.

CECO Environmental Stock Down 1.8%

NASDAQ CECO traded down $0.80 during trading hours on Thursday, hitting $44.33. 304,715 shares of the company traded hands, compared to its average volume of 299,120. 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 business's 50-day moving average is $30.62 and its 200-day moving average is $26.55. The stock has a market capitalization of $1.57 billion, a price-to-earnings ratio of 31.00, a P/E/G ratio of 2.63 and a beta of 1.39. CECO Environmental has a twelve month low of $17.57 and a twelve month high of $46.06.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Farther Finance Advisors LLC boosted its stake in shares of CECO Environmental by 224.7% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,445 shares of the company's stock worth $41,000 after acquiring an additional 1,000 shares during the period. Mackenzie Financial Corp bought a new stake in CECO Environmental in the 4th quarter valued at $56,000. Heck Capital Advisors LLC bought a new stake in CECO Environmental in the 4th quarter valued at $74,000. Caption Management LLC bought a new stake in CECO Environmental in the 1st quarter valued at $182,000. Finally, XTX Topco Ltd bought a new stake in CECO Environmental in the 1st quarter valued at $217,000. 68.08% of the stock is currently owned by institutional investors.

Insider Activity at CECO Environmental

In other news, Director Claudio A. Mannarino sold 20,000 shares of CECO Environmental stock in a transaction that occurred 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 completion of the transaction, the director directly owned 77,589 shares in the company, valued at approximately $3,220,719.39. The trade was a 20.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jason Dezwirek sold 70,000 shares of CECO Environmental stock in a transaction that occurred on Wednesday, July 30th. The stock was sold at an average price of $42.75, for a total value of $2,992,500.00. Following the transaction, the director owned 230,000 shares of the company's stock, 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 a total of 120,000 shares of company stock valued at $5,128,900 over the last quarter. 16.90% of the stock is currently owned by corporate 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.