CECO Environmental (TXSE:CECO – Get Free Report) had its price target hoisted by research analysts at JPMorgan Chase & Co. from $110.00 to $120.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 129.45% from the company’s previous close.
A number of other analysts also recently issued reports on CECO. Needham & Company LLC restated a “buy” rating and set a $110.00 price objective on shares of CECO Environmental in a report on Tuesday, August 11th. Northland Securities set a $125.00 target price on shares of CECO Environmental in a research note on Thursday, August 13th. TD Cowen initiated coverage on shares of CECO Environmental in a research note on Wednesday, August 5th. They issued a “buy” rating and a $85.00 target price on the stock. Zacks Research raised shares of CECO Environmental from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 13th. Finally, Weiss Ratings lowered shares of CECO Environmental from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $103.62.
Read Our Latest Analysis on CECO Environmental
CECO Environmental Stock Performance
Shares of CECO Environmental stock traded up $0.30 during trading hours on Tuesday, hitting $52.30. 747,487 shares of the company’s stock traded hands, compared to its average volume of 813,411. CECO Environmental has a 12-month low of $37.15 and a 12-month high of $101.24. The stock has a market capitalization of $3.06 billion, a price-to-earnings ratio of -76.14 and a beta of 1.63. The company has a fifty day simple moving average of $64.40 and a 200-day simple moving average of $71.21. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 1.18.
CECO Environmental (TXSE:CECO – Get Free Report) last released its earnings results on Monday, November 9th. The company reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.01). The business had revenue of $404.43 million for the quarter, compared to the consensus estimate of $397.96 million. CECO Environmental had a positive return on equity of 7.36% and a negative net margin of 3.39%. During the same quarter in the previous year, the firm earned $0.04 earnings per share. Equities research analysts anticipate that CECO Environmental will post 2.43 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in CECO. HighTower Advisors LLC grew its stake in shares of CECO Environmental by 17.7% during the 3rd quarter. HighTower Advisors LLC now owns 43,358 shares of the company’s stock worth $3,019,000 after acquiring an additional 6,533 shares during the period. White Pine Capital LLC purchased a new stake in CECO Environmental in the 3rd quarter worth about $4,391,000. Fifth Third Bancorp increased its holdings in CECO Environmental by 29.0% in the 3rd quarter. Fifth Third Bancorp now owns 2,546 shares of the company’s stock worth $177,000 after acquiring an additional 572 shares during the last quarter. New South Capital Management Inc. raised its stake in CECO Environmental by 19.1% in the 3rd quarter. New South Capital Management Inc. now owns 306,414 shares of the company’s stock valued at $21,339,000 after acquiring an additional 49,087 shares during the period. Finally, Penn Capital Management Company LLC raised its stake in CECO Environmental by 3.3% in the 3rd quarter. Penn Capital Management Company LLC now owns 245,011 shares of the company’s stock valued at $17,088,000 after acquiring an additional 7,892 shares during the period. Hedge funds and other institutional investors own 68.08% of the company’s stock.
Key CECO Environmental News
Here are the key news stories impacting CECO Environmental this week:
- Positive Sentiment: CECO outlined 2027 revenue of $2.1 billion–$2.3 billion and adjusted EBITDA of $475 million–$525 million, citing accelerating synergies from its Thermon acquisition. The projections signal significant expected scale and profitability, though they include the impact of the acquired business. CECO 2027 outlook
- Positive Sentiment: Third-quarter revenue was $404.4 million, above the roughly $398 million consensus estimate. Reports also highlighted a sharp increase in orders and backlog, with the backlog surge substantially reflecting Thermon’s contribution. CECO earnings and guidance CECO backlog report
- Positive Sentiment: The company issued FY2026 revenue guidance of $1.3 billion–$1.4 billion, a range that begins in line with analyst expectations and extends above them. CECO third-quarter results
- Negative Sentiment: Quarterly EPS of $0.60 narrowly missed the $0.61 consensus, and coverage reported that CECO slipped to a net loss. The small earnings shortfall and loss temper the otherwise strong revenue and outlook news. CECO Q3 earnings snapshot
CECO Environmental Company Profile
CECO Environmental Corp. (NASDAQ:CECO) is an industrial technology company that designs and supplies environmental and engineered equipment for industrial processes. Its solutions help customers control air pollution, manage industrial emissions, improve process efficiency and handle fluids in demanding operating environments.
The company’s product and service offerings include air pollution control systems, industrial ventilation and filtration equipment, scrubbers, fans, dust collection systems, thermal and heat-transfer equipment, pumps and other fluid-handling technologies.
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