Q3 EPS Estimates for CECO Decreased by Northland Securities

CECO Environmental Corp. (NASDAQ:CECO) – Stock analysts at Northland Securities cut their Q3 2026 EPS estimates for shares of CECO Environmental in a research note issued to investors on Thursday, August 13th. Northland Securities analyst B. Brooks now anticipates that the company will earn $0.51 per share for the quarter, down from their prior estimate of $0.62. The consensus estimate for CECO Environmental’s current full-year earnings is $2.35 per share. Northland Securities also issued estimates for CECO Environmental’s Q2 2027 earnings at $0.72 EPS, Q4 2027 earnings at $0.90 EPS and FY2027 earnings at $2.96 EPS.

A number of other research analysts also recently issued reports on the company. Weiss Ratings downgraded CECO Environmental from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, August 12th. Needham & Company LLC reaffirmed a “buy” rating and set a $110.00 target price on shares of CECO Environmental in a research note on Tuesday, August 11th. JPMorgan Chase & Co. assumed coverage on CECO Environmental in a report on Thursday, July 9th. They issued an “overweight” rating and a $130.00 target price for the company. Craig Hallum reiterated a “buy” rating and issued a $103.00 target price on shares of CECO Environmental in a report on Tuesday, April 28th. Finally, TD Cowen started coverage on CECO Environmental in a research note on Wednesday, August 5th. They issued a “buy” rating and a $85.00 price target on the stock. Eight investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, CECO Environmental has a consensus rating of “Moderate Buy” and a consensus price target of $104.88.

CECO Environmental Stock Performance

Shares of CECO opened at $76.55 on Monday. The company has a current ratio of 1.50, a quick ratio of 1.18 and a debt-to-equity ratio of 0.34. The firm’s fifty day simple moving average is $82.04 and its two-hundred day simple moving average is $73.98. CECO Environmental has a 12 month low of $42.78 and a 12 month high of $101.24. The stock has a market capitalization of $2.75 billion, a P/E ratio of -110.94 and a beta of 1.51.

CECO Environmental (NASDAQ:CECO) last announced its earnings results on Monday, August 10th. The company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.21. The business had revenue of $284.96 million during the quarter, compared to the consensus estimate of $282.21 million. CECO Environmental had a negative net margin of 3.39% and a positive return on equity of 7.36%. CECO Environmental’s quarterly revenue was up 53.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.26 earnings per share.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Peregrine Asset Advisers Inc. raised its holdings in shares of CECO Environmental by 142.1% in the 4th quarter. Peregrine Asset Advisers Inc. now owns 113,870 shares of the company’s stock worth $6,815,000 after acquiring an additional 66,843 shares during the last quarter. Oliver Luxxe Assets LLC acquired a new position in CECO Environmental during the 2nd quarter valued at about $2,230,000. Moran Wealth Management LLC boosted its stake in CECO Environmental by 393.4% during the 1st quarter. Moran Wealth Management LLC now owns 56,953 shares of the company’s stock valued at $3,393,000 after purchasing an additional 45,411 shares during the last quarter. Assenagon Asset Management S.A. bought a new stake in CECO Environmental during the 2nd quarter worth approximately $19,944,000. Finally, Walleye Capital LLC bought a new stake in CECO Environmental during the 2nd quarter worth approximately $15,415,000. Institutional investors own 68.08% of the company’s stock.

Insider Activity

In other news, Director Jason Dezwirek sold 34,000 shares of the firm’s stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $96.61, for a total value of $3,284,740.00. Following the completion of the sale, the director directly owned 166,000 shares in the company, valued at $16,037,260. This trade represents a 17.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Richard F. Wallman bought 20,000 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was purchased at an average cost of $76.85 per share, with a total value of $1,537,000.00. Following the completion of the transaction, the director directly owned 105,500 shares in the company, valued at $8,107,675. This represents a 23.39% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 16.90% of the company’s stock.

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.