Ceco EnvironmentalCECO Market cap $967M
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: 1,200
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
843% more call options, than puts
Call options by funds: $2.31M | Put options by funds: $245K
34% more capital invested
Capital invested by funds: $556M [Q1] → $744M (+$187M) [Q2]
4.45% more ownership
Funds ownership: 69.36% [Q1] → 73.81% (+4.45%) [Q2]
1% more funds holding
Funds holding: 172 [Q1] → 174 (+2) [Q2]
6% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 31
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
8% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 61
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Northland Capital Markets Bobby Brooks 50% 1-year accuracy 5 / 10 met price target | 26%upside $35 | Outperform Maintained | 1 Aug 2024 |
Craig-Hallum Aaron Spychalla 38% 1-year accuracy 3 / 8 met price target | 23%upside $34 | Buy Maintained | 31 Jul 2024 |
Roth MKM Gerry Sweeney 33% 1-year accuracy 4 / 12 met price target | 26%upside $35 | Buy Maintained | 31 Jul 2024 |
Needham James Ricchiuti 66% 1-year accuracy 53 / 80 met price target | 26%upside $35 | Buy Maintained | 31 Jul 2024 |
HC Wainwright & Co. Amit Dayal 47% 1-year accuracy 32 / 68 met price target | 26%upside $35 | Buy Maintained | 31 Jul 2024 |