Ceco EnvironmentalCECO
CECO
About: CECO Environmental Corp serves the energy, industrial, and other niche markets. The company operates through the Engineered Systems segment that serves the power generation, refinery, water/wastewater, and midstream oil and gas markets, and Industrial Process Solutions segment, which serves the broad industrial air pollution control, beverage can, fluid handling, electric vehicle production, food and beverage, semi-conductor, process filtration, pharmaceutical, petrochemical, wastewater treatment, wood manufacturing, desalination, and aquaculture markets. The majority of revenue is earned from the Engineered Systems Segment.
Employees: 1,600
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
724% more call options, than puts
Call options by funds: $577K | Put options by funds: $70K
200% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 3 (+2) [Q4]
24% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 21
16% more capital invested
Capital invested by funds: $749M [Q3] → $868M (+$120M) [Q4]
5.92% more ownership
Funds ownership: 76.08% [Q3] → 82.0% (+5.92%) [Q4]
1% more funds holding
Funds holding: 172 [Q3] → 173 (+1) [Q4]
13% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 61
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$33
43%
upside
Avg. target
$37
58%
upside
High target
$40
73%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Needham James Ricchiuti 22% 1-year accuracy 26 / 118 met price target | 43%upside $33 | Buy Reiterated | 26 Feb 2025 |
Craig-Hallum Aaron Spychalla 13% 1-year accuracy 1 / 8 met price target | 73%upside $40 | Buy Maintained | 6 Jan 2025 |
Financial journalist opinion
Based on 3 articles about CECO published over the past 30 days
Neutral
GlobeNewsWire
8 hours ago
CECO Environmental Announces Completion of the Divestiture of Its Fluid Handling Business to May River Capital
ADDISON, Texas, April 01, 2025 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, today announced it has completed the previously announced divestiture of its Fluid Handling business (also known as its Global Pump Solutions, or GPS, business) contained in its Industrial Process Solutions segment to May River Capital, effective March 31, 2025. The enterprise value of the transaction is approximately $110 million, paid in cash at closing.
Positive
Zacks Investment Research
3 weeks ago
Zacks Industry Outlook Donaldson, Austry Outlook Donaldson, tmus Filtration Technologies, CECO Environmental and Energy Recovery
Donaldson, Austry Outlook Donaldson, tmus Filtration Technologies, CECO Environmental and Energy Recovery have been highlighted in this Industry Outlook article.
Positive
Zacks Investment Research
4 weeks ago
4 Top Stocks to Pick From a Promising Pollution Control Industry
The Zacks Pollution Control industry has been benefiting from the healthy demand for products, driven by global initiatives to tackle greenhouse gas emissions. DCI, ATMU, CECO and ERII are some notable stocks in the industry.
Neutral
PRNewsWire
1 month ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CECO Environmental Corp. - CECO
NEW YORK , Feb. 25, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of CECO Environmental Corp. ("CECO" or the "Company") (NASDAQ: CECO). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
Neutral
Seeking Alpha
1 month ago
CECO Environmental Corp. (CECO) Q4 2024 Earnings Call Transcript
CECO Environmental Corp. (CECO) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
CECO Environmental (CECO) Q4 Earnings and Revenues Surpass Estimates
CECO Environmental (CECO) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.28 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
CECO Environmental Reports Fourth Quarter and Full Year 2024 Results
Record Bookings in the Quarter of $219M Elevated Year-End Backlog to a Record $541MReaffirms 2025 Full Year Outlook ADDISON, Texas, Feb. 25, 2025 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO) (“CECO”), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and industrial equipment, today reported its financial results for the fourth quarter and full year of 2024. Highlights for the Quarter (1) Orders of $218.9 million, up 71 percent Backlog of $540.9 million, up 46 percent Revenue of $158.6 million, up 3 percent Gross profit of $56.7 million, up 7 percent; Gross margin of 35.8 percent, up 120 basis points Net income of $4.9 million, up 26 percent; non-GAAP net income of $9.9 million, down 2 percent GAAP EPS (diluted) of $0.13, up 18 percent; non-GAAP EPS (diluted) of $0.27, down 4 percent Adjusted EBITDA of $19.0 million, down 2 percent Free cash flow of ($4.4) million, down $16.6 million Highlights for the Year (1) Orders of $667.3 million, up 14 percent Revenue of $557.9 million, up 2 percent Gross profit of $196.1 million, up 15 percent; Gross margin of 35.2 percent, up 380 basis points Net income of $13.0 million, up 1 percent; non-GAAP net income of $26.7 million GAAP EPS (diluted) of $0.36, down 3 percent; non-GAAP EPS (diluted) of $0.73, down 2 percent Adjusted EBITDA of $62.8 million, up 9 percent Free cash flow of $7.4 million, down 80 percent Completed three acquisitions (EnviroCare International, WK Group and Verantis Environmental Solutions Group), advancing our Industrial Air market leadership (1) A ll comparisons are versus the comparable prior year period, unless otherwise stated.
Neutral
Accesswire
1 month ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CECO Environmental Corp. - CECO
NEW YORK CITY, NY / ACCESS Newswire / February 23, 2025 / Pomerantz LLP is investigating claims on behalf of investors of CECO Environmental Corp. ("CECO" or the "Company") (NASDAQ:CECO). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
Neutral
Accesswire
1 month ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CECO Environmental Corp. - CECO
NEW YORK, NY / ACCESS Newswire / February 21, 2025 / Pomerantz LLP is investigating claims on behalf of investors of CECO Environmental Corp. ("CECO" or the "Company") (NASDAQ:CECO). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
Neutral
Accesswire
1 month ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CECO Environmental Corp. - CECO
NEW YORK, NY / ACCESS Newswire / February 19, 2025 / Pomerantz LLP is investigating claims on behalf of investors of CECO Environmental Corp. ("CECO" or the "Company") (NASDAQ:CECO). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
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