Q2 EPS Estimates for CECO Reduced by Northland Securities

CECO Environmental Corp. (NASDAQ:CECO) – Analysts at Northland Securities cut their Q2 2026 earnings per share estimates for CECO Environmental in a note issued to investors on Wednesday, April 29th. Northland Securities analyst B. Brooks now anticipates that the company will post earnings of $0.32 per share for the quarter, down from their previous estimate of $0.33. The consensus estimate for CECO Environmental’s current full-year earnings is $1.51 per share. Northland Securities also issued estimates for CECO Environmental’s FY2026 earnings at $1.86 EPS, Q1 2027 earnings at $0.40 EPS, Q4 2027 earnings at $1.02 EPS and FY2027 earnings at $2.61 EPS.

CECO has been the subject of several other reports. Needham & Company LLC boosted their price target on CECO Environmental from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday. Weiss Ratings upgraded CECO Environmental from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. Roth Mkm reiterated a “buy” rating and issued a $85.00 price target on shares of CECO Environmental in a research note on Wednesday. Craig Hallum reiterated a “buy” rating and issued a $103.00 price target on shares of CECO Environmental in a research note on Tuesday. Finally, Lake Street Capital restated a “buy” rating and set a $80.00 target price on shares of CECO Environmental in a research note on Wednesday, February 25th. Seven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $86.83.

CECO Environmental Trading Up 2.3%

Shares of CECO stock opened at $74.14 on Friday. The company has a current ratio of 1.33, a quick ratio of 1.16 and a debt-to-equity ratio of 0.78. The stock has a market cap of $2.66 billion, a P/E ratio of 200.38 and a beta of 1.41. The stock has a 50 day simple moving average of $61.70 and a 200 day simple moving average of $60.34. CECO Environmental has a 1 year low of $23.31 and a 1 year high of $81.72.

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

Institutional Investors Weigh In On CECO Environmental

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kornitzer Capital Management Inc. KS bought a new stake in CECO Environmental during the first quarter worth $716,000. Equitable Trust Co. bought a new position in shares of CECO Environmental in the 1st quarter valued at $314,000. Cvfg LLC bought a new position in shares of CECO Environmental in the 1st quarter valued at $1,815,000. Moran Wealth Management LLC lifted its stake in shares of CECO Environmental by 393.4% in the 1st quarter. Moran Wealth Management LLC now owns 56,953 shares of the company’s stock valued at $3,393,000 after acquiring an additional 45,411 shares during the last quarter. Finally, Counterpoint Mutual Funds LLC lifted its stake in shares of CECO Environmental by 75.3% in the 1st quarter. Counterpoint Mutual Funds LLC now owns 14,744 shares of the company’s stock valued at $878,000 after acquiring an additional 6,334 shares during the last quarter. 68.08% of the stock is currently owned by institutional investors.

CECO Environmental News Roundup

Here are the key news stories impacting CECO Environmental this week:

• Positive Sentiment: Northland Securities raised several near- and long-term EPS forecasts (multiple quarterly increases and material raises to FY2026 and FY2027). Notably, Northland lifted FY2026 to $1.86 (from $1.44) and FY2027 to $2.61 (from $2.02), signaling stronger expected profitability that supports a higher valuation for CECO.
• Positive Sentiment: Needham & Company raised its price target to $90 and maintained a “buy” rating — a meaningful upward re‑rating versus the current price that can attract buying interest. Article Title
• Positive Sentiment: CECO received a composite rating upgrade reported on MSN, which can improve investor sentiment and broaden interest. Article Title
• Neutral Sentiment: Northland trimmed its Q2 2026 estimate slightly (to $0.32 from $0.33). This is a very small revision and likely has limited direct impact on near-term share price compared with the larger upward revisions elsewhere.
• Negative Sentiment: A law firm is investigating the proposed sale of Thermon Group to CECO, probing the adequacy of price and process; such inquiries can delay the deal, increase transactional risk, or lead to litigation — a downside catalyst for CECO until resolved. Article Title

CECO Environmental Company Profile

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.