Northland Capmk Has Negative Estimate for CECO Q2 Earnings

CECO Environmental Corp. (NASDAQ:CECO) – Equities researchers at Northland Capmk reduced their Q2 2025 earnings per share estimates for CECO Environmental in a note issued to investors on Friday, November 1st. Northland Capmk analyst B. Brooks now anticipates that the company will earn $0.27 per share for the quarter, down from their previous forecast of $0.29. The consensus estimate for CECO Environmental’s current full-year earnings is $0.82 per share.

CECO Environmental (NASDAQ:CECO) last released its earnings results on Tuesday, October 29th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.05). CECO Environmental had a net margin of 2.16% and a return on equity of 11.12%. The firm had revenue of $135.50 million during the quarter, compared to analysts’ expectations of $155.94 million. During the same quarter last year, the company posted $0.22 earnings per share. CECO Environmental’s revenue for the quarter was down 9.3% on a year-over-year basis.

Several other research analysts also recently weighed in on CECO. HC Wainwright reiterated a “buy” rating and issued a $35.00 price target on shares of CECO Environmental in a report on Wednesday, October 30th. Needham & Company LLC dropped their target price on CECO Environmental from $35.00 to $33.00 and set a “buy” rating for the company in a research note on Wednesday, October 30th. Roth Mkm raised their price target on CECO Environmental from $26.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday, July 31st. Northland Securities lifted their price target on CECO Environmental from $28.00 to $35.00 and gave the company an “outperform” rating in a report on Thursday, August 1st. Finally, Craig Hallum increased their price objective on shares of CECO Environmental from $28.00 to $34.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $34.40.

CECO Environmental Stock Performance

NASDAQ:CECO opened at $23.47 on Monday. CECO Environmental has a 1-year low of $15.65 and a 1-year high of $31.55. The firm has a 50 day simple moving average of $27.08 and a 200-day simple moving average of $26.49. The firm has a market cap of $820.98 million, a PE ratio of 71.12, a P/E/G ratio of 1.93 and a beta of 1.35. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.30 and a quick ratio of 1.17.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Hood River Capital Management LLC acquired a new position in shares of CECO Environmental during the 2nd quarter valued at $15,495,000. Robeco Schweiz AG grew its stake in shares of CECO Environmental by 375.2% in the second quarter. Robeco Schweiz AG now owns 565,255 shares of the company’s stock valued at $16,308,000 after buying an additional 446,305 shares in the last quarter. Thrivent Financial for Lutherans purchased a new stake in shares of CECO Environmental during the 2nd quarter valued at about $11,857,000. Van ECK Associates Corp lifted its position in CECO Environmental by 466.4% during the 3rd quarter. Van ECK Associates Corp now owns 379,877 shares of the company’s stock worth $10,082,000 after acquiring an additional 312,803 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its holdings in CECO Environmental by 651,526.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 293,232 shares of the company’s stock worth $8,460,000 after acquiring an additional 293,187 shares during the period. 68.08% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at CECO Environmental

In other CECO Environmental news, Director Richard F. Wallman bought 10,000 shares of the company’s stock in a transaction that occurred on Friday, August 30th. The stock was purchased at an average price of $28.77 per share, with a total value of $287,700.00. Following the transaction, the director now owns 62,000 shares in the company, valued at $1,783,740. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 16.90% 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.