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NASDAQ:CECO

CECO Environmental (CECO) Stock Price, News & Analysis

CECO Environmental logo
$32.74 +0.04 (+0.12%)
(As of 12/6/2024 ET)

About CECO Environmental Stock (NASDAQ:CECO)

Key Stats

Today's Range
$32.32
$32.97
50-Day Range
$22.56
$32.99
52-Week Range
$18.50
$33.52
Volume
259,471 shs
Average Volume
272,905 shs
Market Capitalization
$1.15 billion
P/E Ratio
99.22
Dividend Yield
N/A
Price Target
$34.40
Consensus Rating
Buy

Company Overview

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. It offers engineered and configured products and solutions, including dampers and diverters, expansion joints, selective catalytic reduction systems, severe-service and industrial cyclones, dust collectors, thermal oxidizers, filtration systems, wet and dry scrubbers, separators and coalescers, water treatment packages, metallic and non-metallic pumps, industrial silencers, and fluid handling equipment, as well as plant engineering services and engineered design build fabrication services. In addition, the company offers industrial engineered noise control solutions, including custom acoustical gen-set packages, ambient air baffles, acoustical louvres, and skid enclosures; process filtration solutions for hydrocarbon and chemical processing; and energy and water conservation systems and equipment. The company markets its products and services to natural gas processors, transmission and distribution companies, refineries, power generators, industrial manufacturing, engineering and construction companies, semiconductor manufacturers, compressor manufacturers, beverage can manufacturers, metals and minerals, and electric vehicle producers. CECO Environmental Corp. was founded in 1869 and is headquartered in Dallas, Texas.

CECO Environmental Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
42nd Percentile Overall Score

CECO MarketRank™: 

CECO Environmental scored higher than 42% of companies evaluated by MarketBeat, and ranked 133rd out of 182 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    CECO Environmental has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    CECO Environmental has only been the subject of 2 research reports in the past 90 days.

  • Read more about CECO Environmental's stock forecast and price target.
  • Earnings Growth

    Earnings for CECO Environmental are expected to grow by 55.70% in the coming year, from $0.79 to $1.23 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of CECO Environmental is 99.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.04.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of CECO Environmental is 99.22, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 23.53.

  • Price to Earnings Growth Ratio

    CECO Environmental has a PEG Ratio of 2.73. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    CECO Environmental has a P/B Ratio of 4.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    5.93% of the float of CECO Environmental has been sold short.
  • Short Interest Ratio / Days to Cover

    CECO Environmental has a short interest ratio ("days to cover") of 6.7.
  • Change versus previous month

    Short interest in CECO Environmental has recently decreased by 3.83%, indicating that investor sentiment is improving.
  • Dividend Yield

    CECO Environmental does not currently pay a dividend.

  • Dividend Growth

    CECO Environmental does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    5.93% of the float of CECO Environmental has been sold short.
  • Short Interest Ratio / Days to Cover

    CECO Environmental has a short interest ratio ("days to cover") of 6.7.
  • Change versus previous month

    Short interest in CECO Environmental has recently decreased by 3.83%, indicating that investor sentiment is improving.
  • News Sentiment

    CECO Environmental has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for CECO Environmental this week, compared to 4 articles on an average week.
  • Search Interest

    Only 3 people have searched for CECO on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added CECO Environmental to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, CECO Environmental insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    16.90% of the stock of CECO Environmental is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    68.08% of the stock of CECO Environmental is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about CECO Environmental's insider trading history.
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CECO Stock News Headlines

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CECO Environmental Announces Expiration of HSR Waiting Period
See More Headlines

CECO Stock Analysis - Frequently Asked Questions

CECO Environmental's stock was trading at $20.28 on January 1st, 2024. Since then, CECO stock has increased by 61.4% and is now trading at $32.74.
View the best growth stocks for 2024 here
.

CECO Environmental Corp. (NASDAQ:CECO) announced its quarterly earnings data on Tuesday, October, 29th. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.19 by $0.05. The company's quarterly revenue was down 9.3% compared to the same quarter last year.

CECO Environmental's top institutional investors include King Luther Capital Management Corp (2.89%), FMR LLC (2.25%), Royce & Associates LP (2.06%) and Geode Capital Management LLC (1.97%). Insiders that own company stock include Todd R Gleason, David B Liner and Paul M Gohr.
View institutional ownership trends
.

Shares of CECO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that CECO Environmental investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), McKesson (MCK), Adobe (ADBE) and Jabil (JBL).

Company Calendar

Last Earnings
10/29/2024
Today
12/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Blowers & fans
Sub-Industry
Machinery
Current Symbol
NASDAQ:CECO
CIK
3197
Employees
1,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$34.40
High Stock Price Target
$35.00
Low Stock Price Target
$33.00
Potential Upside/Downside
+5.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$12.91 million
Pretax Margin
3.98%

Debt

Sales & Book Value

Annual Sales
$553.08 million
Cash Flow
$1.15 per share
Book Value
$6.82 per share

Miscellaneous

Free Float
29,068,000
Market Cap
$1.15 billion
Optionable
Optionable
Beta
1.41
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This page (NASDAQ:CECO) was last updated on 12/7/2024 by MarketBeat.com Staff
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