CECO Environmental Corp. (NASDAQ:CECO) Receives Average Recommendation of “Moderate Buy” from Brokerages

CECO Environmental Corp. (NASDAQ:CECO) has been given a consensus recommendation of “Moderate Buy” by the ten ratings firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $104.8750.

Several brokerages recently weighed in on CECO. Weiss Ratings downgraded shares of CECO Environmental from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday. Roth Capital reissued a “buy” rating and set a $85.00 price target on shares of CECO Environmental in a report on Wednesday, April 29th. TD Cowen assumed coverage on CECO Environmental in a research report on Wednesday, August 5th. They issued a “buy” rating and a $85.00 price objective on the stock. JPMorgan Chase & Co. started coverage on CECO Environmental in a research note on Thursday, July 9th. They issued an “overweight” rating and a $130.00 price objective for the company. Finally, Zacks Research cut CECO Environmental from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 11th.

CECO Environmental News Summary

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

• Positive Sentiment: Northland Securities raised its earnings forecasts. The firm increased its FY2026 EPS estimate to $2.24 from $1.96, above the broader consensus of $2.12. It also raised its Q4 2026 estimate to $0.90 from $0.82, Q1 2027 to $0.58 from $0.57, and Q3 2027 to $0.76 from $0.73, signaling improving expectations for CECO’s earnings outlook. Northland Securities earnings estimate revisions
• Positive Sentiment: CECO was added to Zacks’ Rank #1 (Strong Buy) list. The inclusion may attract momentum-oriented investors and supports the positive near-term trading sentiment. New Strong Buy Stocks for August 14th
• Positive Sentiment: Needham reiterated its Buy rating on CECO, providing continued support from the analyst community. Needham reiterates Buy rating
• Neutral Sentiment: A Zacks comparison examined CECO’s performance against industrial-products peers, including Helios Technologies, but the available report details do not provide the comparative returns or a specific new valuation catalyst. CECO peer performance comparison
• Negative Sentiment: Zacks Research downgraded CECO from Strong Buy to Hold. This conflicting signal could limit upside and encourage some investors to take profits, although it is offset by the new Zacks Strong Buy list inclusion and other bullish analyst actions. Zacks Research rating downgrade

Insider Buying and Selling

In other CECO Environmental news, CFO Peter K. Johansson sold 30,000 shares of the stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $96.49, for a total transaction of $2,894,700.00. Following the completion of the sale, the chief financial officer directly owned 40,746 shares of the company’s stock, valued at $3,931,581.54. This trade represents a 42.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Richard F. Wallman acquired 20,000 shares of CECO Environmental stock in a transaction dated Monday, June 1st. The shares were bought at an average price of $76.85 per share, for a total transaction of $1,537,000.00. Following the transaction, the director owned 105,500 shares of the company’s stock, valued at approximately $8,107,675. The trade was a 23.39% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 16.90% of the stock is owned by insiders.

Hedge Funds Weigh In On CECO Environmental

A number of hedge funds and other institutional investors have recently modified their holdings of CECO. Royal Bank of Canada lifted its stake in shares of CECO Environmental by 15.6% in the 1st quarter. Royal Bank of Canada now owns 14,661 shares of the company’s stock valued at $335,000 after purchasing an additional 1,982 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in CECO Environmental by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,442 shares of the company’s stock valued at $398,000 after buying an additional 790 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in CECO Environmental by 5.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 93,137 shares of the company’s stock valued at $2,124,000 after buying an additional 5,000 shares during the period. Jane Street Group LLC bought a new stake in CECO Environmental in the first quarter worth $1,047,000. Finally, Rhumbline Advisers lifted its position in CECO Environmental by 2.4% in the second quarter. Rhumbline Advisers now owns 43,137 shares of the company’s stock worth $1,221,000 after buying an additional 991 shares during the last quarter. Institutional investors own 68.08% of the company’s stock.

CECO Environmental Price Performance

Shares of NASDAQ:CECO opened at $79.59 on Monday. 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 has a 1-year low of $42.78 and a 1-year high of $101.24. The company has a market capitalization of $2.85 billion, a P/E ratio of -115.35 and a beta of 1.51. The firm’s 50 day simple moving average is $82.34 and its two-hundred day simple moving average is $73.83.

CECO Environmental (NASDAQ:CECO) last posted its quarterly 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 analyst estimates of $282.21 million. CECO Environmental had a negative net margin of 3.39% and a positive return on equity of 7.36%. The company’s revenue was up 53.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.26 earnings per share. Research analysts expect that CECO Environmental will post 2.35 EPS for the current fiscal year.

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.