Northland Securities Has Negative View of CECO Q2 Earnings

CECO Environmental Corp. (NASDAQ:CECOFree Report) – Equities research analysts at Northland Securities decreased their Q2 2026 earnings estimates for shares of CECO Environmental in a research note issued on Friday, June 12th. Northland Securities analyst B. Brooks now expects that the company will earn $0.15 per share for the quarter, down from their prior estimate of $0.32. The consensus estimate for CECO Environmental’s current full-year earnings is $1.82 per share. Northland Securities also issued estimates for CECO Environmental’s Q3 2026 earnings at $0.62 EPS, Q1 2027 earnings at $0.57 EPS, Q2 2027 earnings at $0.82 EPS, Q4 2027 earnings at $0.86 EPS and FY2027 earnings at $2.97 EPS.

Several other equities research analysts have also recently issued reports on the stock. Weiss Ratings cut shares of CECO Environmental from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Needham & Company LLC raised their price target on shares of CECO Environmental from $90.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Lake Street Capital raised their price target on shares of CECO Environmental from $80.00 to $111.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Roth Mkm reaffirmed a “buy” rating and set a $85.00 price target on shares of CECO Environmental in a research note on Wednesday, April 29th. Finally, HC Wainwright raised their price target on shares of CECO Environmental from $55.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $102.83.

Get Our Latest Analysis on CECO

CECO Environmental Price Performance

CECO Environmental stock opened at $95.01 on Tuesday. CECO Environmental has a 12-month low of $27.50 and a 12-month high of $101.24. The stock has a market capitalization of $3.41 billion, a P/E ratio of 256.78 and a beta of 1.49. The firm’s 50-day moving average is $76.52 and its two-hundred day moving average is $67.49. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.33 and a quick ratio of 1.18.

CECO Environmental (NASDAQ:CECOGet Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.24. CECO Environmental had a net margin of 1.70% and a return on equity of 13.69%. The company had revenue of $205.92 million for the quarter, compared to analysts’ expectations of $198.88 million. During the same period last year, the company earned $0.10 EPS. The firm’s revenue for the quarter was up 16.5% compared to the same quarter last year.

Insider Buying and Selling at CECO Environmental

In related news, Director Richard F. Wallman acquired 20,000 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were acquired at an average cost of $76.85 per share, for a total transaction of $1,537,000.00. Following the acquisition, the director directly owned 105,500 shares in the company, valued at approximately $8,107,675. The trade was a 23.39% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 16.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Arkadios Wealth Advisors purchased a new position in shares of CECO Environmental during the 1st quarter worth about $1,066,000. California State Teachers Retirement System raised its holdings in CECO Environmental by 26.8% in the first quarter. California State Teachers Retirement System now owns 34,758 shares of the company’s stock valued at $2,071,000 after buying an additional 7,336 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in CECO Environmental by 310.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 115,242 shares of the company’s stock valued at $6,866,000 after buying an additional 87,173 shares during the period. Sei Investments Co. raised its holdings in CECO Environmental by 3.1% in the first quarter. Sei Investments Co. now owns 111,313 shares of the company’s stock valued at $6,632,000 after buying an additional 3,338 shares during the period. Finally, Walleye Capital LLC purchased a new position in CECO Environmental in the first quarter valued at approximately $2,291,000. 68.08% of the stock is currently owned by hedge funds and other institutional investors.

CECO Environmental Company Profile

(Get Free Report)

CECO Environmental Corp. (NASDAQ: CECO) is a global technology provider specializing in engineered solutions that help industrial and commercial customers manage air emissions, process fluids and optimize energy use. The company develops custom-engineered systems and modular packages designed to meet evolving environmental regulations and improve operational efficiency across diverse production processes.

CECO’s core offerings include air pollution control equipment—such as scrubbers, cyclones, fabric and cartridge filters—and industrial process filtration systems for applications ranging from particulate removal to oil-water separation.

Further Reading

Earnings History and Estimates for CECO Environmental (NASDAQ:CECO)

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