CECO Environmental (NASDAQ:CECO) Posts Earnings Results, Misses Estimates By $0.35 EPS

CECO Environmental (NASDAQ:CECO) announced its quarterly earnings results on Tuesday. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.35), FiscalAI reports. CECO Environmental had a return on equity of 10.84% and a net margin of 7.22%.The business had revenue of $214.69 million during the quarter, compared to analysts’ expectations of $205.39 million. During the same period in the previous year, the business earned $0.27 EPS. The business’s revenue was up 35.4% compared to the same quarter last year.

CECO Environmental Stock Performance

Shares of CECO opened at $77.68 on Tuesday. The company has a market cap of $2.77 billion, a price-to-earnings ratio of 55.09 and a beta of 1.38. The business’s fifty day simple moving average is $67.10 and its two-hundred day simple moving average is $56.15. CECO Environmental has a 12 month low of $17.57 and a 12 month high of $81.72. The company has a current ratio of 1.33, a quick ratio of 1.13 and a debt-to-equity ratio of 0.70.

Institutional Investors Weigh In On CECO Environmental

Several large investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd bought a new position in CECO Environmental during the 3rd quarter valued at about $25,000. Advisory Services Network LLC purchased a new stake in CECO Environmental in the third quarter worth approximately $31,000. Raymond James Financial Inc. bought a new stake in CECO Environmental in the 2nd quarter worth approximately $102,000. Canada Pension Plan Investment Board grew its position in CECO Environmental by 6,200.0% in the 2nd quarter. Canada Pension Plan Investment Board now owns 6,300 shares of the company’s stock worth $178,000 after purchasing an additional 6,200 shares during the period. Finally, Group One Trading LLC raised its stake in CECO Environmental by 336.9% during the 4th quarter. Group One Trading LLC now owns 3,325 shares of the company’s stock valued at $199,000 after buying an additional 2,564 shares during the last quarter. 68.08% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on CECO. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CECO Environmental in a research report on Wednesday, January 21st. Zacks Research raised CECO Environmental from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 11th. Northland Securities raised their price objective on CECO Environmental from $60.00 to $73.00 and gave the company an “outperform” rating in a research report on Wednesday, December 24th. Finally, Needham & Company LLC upped their price objective on shares of CECO Environmental from $70.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, January 16th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $64.75.

About CECO Environmental

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.