NASDAQ:CECO

CECO Environmental - CECO Stock Forecast, Price & News

$13.91

+0.01 (+0.07%)

(As of 03/24/2023 12:00 AM ET)

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Today's Range: $13.52
▼
$14.02
50-Day Range: $13.22
▼
$15.63
52-Week Range: $4.09
▼
$16.73

Volume: 221,721 shs
Average Volume: 508,102 shs
Market Capitalization: $478.78 million

P/E Ratio: 32.12
Dividend Yield: N/A
Price Target: $19.33

CECO Environmental MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 39.0% Upside
$19.33 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.92
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
$191,560 Bought Last Quarter
Proj. Earnings Growth: 44.00%
From $0.75 to $1.08 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.77 out of 5 stars

Industrial Products Sector

14th out of 177 stocks

Blowers & Fans Industry

1st out of 3 stocks

3.5

Analyst's Opinion

Consensus Rating
CECO Environmental has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $19.33, CECO Environmental has a forecasted upside of 39.0% from its current price of $13.91.
Amount of Analyst Coverage
CECO Environmental has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CECO.

0.0

Dividend Strength

Dividend Yield
CECO Environmental does not currently pay a dividend.
Dividend Growth
CECO Environmental does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CECO.

3.3

News and Social Media Coverage

News Sentiment
CECO Environmental has a news sentiment score of 0.92. 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 is a higher news sentiment than the 0.64 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for CECO Environmental this week, compared to 3 articles on an average week.
Search Interest
Only 16 people have searched for CECO on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.
MarketBeat Follows
9 people have added CECO Environmental to their MarketBeat watchlist in the last 30 days. This is an increase of 80% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CECO Environmental insiders have bought 7.20% more of their company's stock than they have sold. Specifically, they have bought $191,560.00 in company stock and sold $178,696.00 in company stock.
Percentage Held by Insiders
Only 5.58% of the stock of CECO Environmental is held by insiders.
Percentage Held by Institutions
64.93% of the stock of CECO Environmental is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for CECO Environmental are expected to grow by 44.00% in the coming year, from $0.75 to $1.08 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CECO Environmental is 32.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.91.
Price to Earnings Ratio vs. Sector
The P/E ratio of CECO Environmental is 32.12, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 15.54.
Price to Earnings Growth Ratio
CECO Environmental has a PEG Ratio of 1.23. 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 2.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About CECO Environmental (NASDAQ:CECO) Stock

CECO Environmental Corp. engages in the provision of engineering technology and solutions. It offers services in the field of environment, energy, fluid handling, and filtration. The firm operates through the following segments: Energy Solutions, Industrial Solutions and Fluid Handling Solutions. The Energy Solutions segment improves air quality and solves fluid handling needs with market engineered, and customized solutions for the power generation, oil and gas, and petrochemical industries. The Industrial Solutions segment serves the industrial pollution control market. The Fluid Handling Solutions segment provides pump and filtration solutions that maintain safe and clean operations in some of the most harsh and toxic environments. The company was founded by Phillip DeZwirek in 1966 and is headquartered in Dallas, TX.

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CECO Stock News Headlines

March 24, 2023 | marketwatch.com

Fluidized Bed Concentrator (FBC) Market Size by 2031

March 23, 2023 | marketwatch.com

Industrial Filtration Market: The Growing Trend 2028

March 25, 2023 | Investor Place Media (Ad)

The "King Of Quants" sees 10X potential...

Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...

March 20, 2023 | americanbankingnews.com

CECO Environmental Corp. (NASDAQ:CECO) Director Acquires $40,860.00 in Stock

March 17, 2023 | finance.yahoo.com

CECO (CECO) Is Considered a Good Investment by Brokers: Is That True?

March 16, 2023 | americanbankingnews.com

Ramesh Nuggihalli Sells 12,115 Shares of CECO Environmental Corp. (NASDAQ:CECO) Stock

March 13, 2023 | marketwatch.com

Industrial Dust Collectors Market 2023, Top Factors that Will Boost the Industrial Dust Collectors Market

March 10, 2023 | marketwatch.com

Industrial Scrubber Market-An Exclusive Study On Upcoming Trends And Growth Opportunities From 2023-2029

March 25, 2023 | Investor Place Media (Ad)

The "King Of Quants" sees 10X potential...

March 10, 2023 | finance.yahoo.com

The Independent Director of CECO Environmental Corp. (NASDAQ:CECO), Richard Wallman, Just Bought 7.0% More Shares

March 8, 2023 | finance.yahoo.com

CECO vs. CWST: Which Stock Is the Better Value Option?

March 6, 2023 | benzinga.com

CECO Environmental shares are trading lower after the company reported Q4 financial results.

March 6, 2023 | finance.yahoo.com

CECO ENVIRONMENTAL REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS

March 5, 2023 | markets.businessinsider.com

Here's what Wall Street expects from Ceco Environmental's earnings

March 3, 2023 | msn.com

CECO Environmental Q4 2022 Earnings Preview

February 28, 2023 | finance.yahoo.com

What's in Store for CECO Environmental (CECO) in Q4 Earnings?

February 26, 2023 | marketwatch.com

VOC Abatement System Market 2023 Industry Growth, Companies Profile, Competitive Landscape and Key Regions 2028

February 24, 2023 | finance.yahoo.com

CECO Environmental (CECO) Stock Moves -0.81%: What You Should Know

February 24, 2023 | finance.yahoo.com

Are Industrial Products Stocks Lagging CECO Environmental (CECO) This Year?

February 24, 2023 | finance.yahoo.com

Are Industrial Products Stocks Lagging CECO Environmental (CECO) This Year?

February 18, 2023 | marketwatch.com

Emission Control Systems Market Outlook 2023 and Forecast to 2028 with Top Countries Data

February 17, 2023 | marketwatch.com

Fluidized Bed Concentrator (FBC) Market Size 2023 : Emerging Technologies, Opportunity and Forecast to 2029

February 17, 2023 | marketwatch.com

Sealless Centrifugal Pumps Market is Booming in Near Future 2023-2028

February 15, 2023 | finance.yahoo.com

Strategic Thinking for a Difficult Market

February 13, 2023 | marketwatch.com

Dust Collector Market 2023-2027 With Highly Productive Segment To Expand Outstandingly

February 9, 2023 | finance.yahoo.com

Shark School of Trading: Updating a Winner and a Stock With a Similar Setup

February 9, 2023 | marketwatch.com

Industrial Scrubber Market Insights-Industry changing aspects, New Technologies and Forecast to 2029

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CECO Company Calendar

Last Earnings: 3/06/2023
Today: 3/25/2023
Next Earnings (Estimated): 5/09/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Blowers & fans
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: NASDAQ:CECO
CUSIP: N/A
CIK: 3197
Web: www.cecoenviro.com
Phone: (214) 357-6181
Fax: 513-458-2647
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $19.33
High Stock Price Forecast: $22.00
Low Stock Price Forecast: $17.00
Forecasted Upside/Downside: +39.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 32.12
Forward P/E Ratio: 18.55
P/E Growth: 1.23
Net Income: $17.42 million
Net Margins: 4.12%
Pretax Margin: 5.61%
Return on Equity: 9.89%
Return on Assets: 4.34%

Debt

Debt-to-Equity Ratio: 0.49
Current Ratio: 1.64
Quick Ratio: 1.46

Sales & Book Value

Annual Sales: $422.63 million
Price / Sales: 1.13
Cash Flow: $1.09 per share
Price / Cash Flow: 12.82
Book Value: $6.37 per share
Price / Book: 2.18

Miscellaneous

Outstanding Shares: 34,420,000
Free Float: 32,499,000
Market Cap: $478.78 million
Optionable: Optionable
Beta: 1.33

Key Executives

Todd R. Gleason
Chief Executive Officer & Director

Ramesh Nuggihalli
Chief Operating Officer

Peter Kurt Johansson
Chief Financial & Strategy Officer

Lynn Watkins-Asiyanbi
Secretary, Chief Administrative & Legal Officer

Paul Gohr
Chief Accounting Officer

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

CECO Stock - Frequently Asked Questions

Should I buy or sell CECO Environmental stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CECO Environmental in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CECO shares.
View CECO analyst ratings or view top-rated stocks.
What is CECO Environmental's stock price forecast for 2023?: 3 equities research analysts have issued 12-month price objectives for CECO Environmental's stock. Their CECO share price forecasts range from $17.00 to $22.00. On average, they expect the company's stock price to reach $19.33 in the next year. This suggests a possible upside of 39.0% from the stock's current price.
View analysts price targets for CECO or view top-rated stocks among Wall Street analysts.
How have CECO shares performed in 2023?: CECO Environmental's stock was trading at $11.68 at the beginning of 2023. Since then, CECO stock has increased by 19.1% and is now trading at $13.91.
View the best growth stocks for 2023 here.
When is CECO Environmental's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023.
View our CECO earnings forecast.
How were CECO Environmental's earnings last quarter?: CECO Environmental Corp. (NASDAQ:CECO) announced its quarterly earnings data on Monday, March, 6th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.01. The firm earned $116.40 million during the quarter, compared to analyst estimates of $103.95 million. CECO Environmental had a trailing twelve-month return on equity of 9.89% and a net margin of 4.12%. During the same quarter in the previous year, the business posted $0.10 earnings per share.
What ETFs hold CECO Environmental's stock?: ETFs with the largest weight of CECO Environmental (NASDAQ:CECO) stock in their portfolio include VanEck Environmental Services ETF (EVX), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Invesco DWA SmallCap Momentum ETF (DWAS), Innovator IBD Breakout Opportunities ETF (BOUT).Dimensional US Small Cap Value ETF (DFSV),

What guidance has CECO Environmental issued on next quarter's earnings?: CECO Environmental issued an update on its FY 2023 earnings guidance on Monday, March, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $460.00 million-$485.00 million, compared to the consensus revenue estimate of $461.53 million.
What is CECO Environmental's stock symbol?: CECO Environmental trades on the NASDAQ under the ticker symbol "CECO."
How do I buy shares of CECO Environmental?: Shares of CECO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is CECO Environmental's stock price today?: One share of CECO stock can currently be purchased for approximately $13.91.
How much money does CECO Environmental make?: CECO Environmental (NASDAQ:CECO) has a market capitalization of $478.78 million and generates $422.63 million in revenue each year.
How can I contact CECO Environmental?: CECO Environmental's mailing address is 14651 NORTH DALLAS PARKWAY SUITE 500, DALLAS TX, 75254. The official website for the company is www.cecoenviro.com. The company can be reached via phone at (214) 357-6181, via email at investor.relations@onececo.com, or via fax at 513-458-2647.

This page (NASDAQ:CECO) was last updated on 3/25/2023 by MarketBeat.com Staff

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CECO Environmental - CECO Stock Forecast, Price & News

CECO Environmental MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About CECO Environmental (NASDAQ:CECO) Stock

CECO Stock News Headlines

CECO Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CECO Stock - Frequently Asked Questions

Overall MarketRank^™