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 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
719% more call options, than puts
Call options by funds: $1.55M | Put options by funds: $189K
0.58% less ownership
Funds ownership: 81.99% [Q4 2024] → 81.41% (-0.58%) [Q1 2025]
7% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 27
2% less funds holding
Funds holding: 172 [Q4 2024] → 169 (-3) [Q1 2025]
25% less capital invested
Capital invested by funds: $867M [Q4 2024] → $650M (-$218M) [Q1 2025]
31% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 64
67% less funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 1 (-2) [Q1 2025]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$33
19%
upside
Avg. target
$34
21%
upside
High target
$34
23%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Needham James Ricchiuti | 23%upside $34 | Buy Maintained | 30 Apr 2025 |
HC Wainwright & Co. Amit Dayal | 19%upside $33 | Buy Upgraded | 30 Apr 2025 |
Financial journalist opinion
Positive
Seeking Alpha
1 month ago
CECO Environmental: Awaiting Margin Improvements
CECO Environmental has shown strong sales growth, driven by strategic acquisitions and a focus on higher-margin activities, but margins remain volatile. The company's 2025 guidance projects significant sales and EBITDA growth, yet recent margin performance and tariff impacts warrant caution. Recent M&A activities, including the acquisition of Profire Energy are expected to drive future growth.
Neutral
GlobeNewsWire
1 month ago
CECO Environmental Announces Upcoming Investor Conferences
ADDISON, Texas, May 06, 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 announces that CECO management will participate at the following investor conferences:
Negative
Zacks Investment Research
1 month ago
New Strong Sell Stocks for May 5th
CECO, BLDR and EGBN have been added to the Zacks Rank #5 (Strong Sell) List on May 5, 2025.
Neutral
Seeking Alpha
1 month ago
CECO Environmental Corp. (CECO) Q1 2025 Earnings Conference Call Transcript
CECO Environmental Corp. (NASDAQ:CECO ) Q1 2025 Earnings Conference Call April 29, 2025 8:30 AM ET Company Participants Steven Hooser - IR Todd Gleason - CEO Peter Johansson - Chief Financial and Strategy Officer Conference Call Participants Rob Brown - Lake Street Capital Markets Bobby Brooks - Northland Capital Markets Aaron Spychalla - Craig-Hallum Capital Group Gerry Sweeney - Roth Capital Jim Ricchiuti - Needham & Company Sameer Joshi - H.C. Wainwright Operator Good day, and thank you for standing by.
Positive
Zacks Investment Research
1 month ago
CECO Environmental (CECO) Matches Q1 Earnings Estimates
CECO Environmental (CECO) came out with quarterly earnings of $0.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.11 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
CECO Environmental Reports First Quarter 2025 Results
Numerous Financial Records Reflect Strength of Well-Positioned Portfolio Company Maintains Full Year Outlook ADDISON, Texas, April 29, 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 first quarter of 2025. First Quarter Summary (1) Orders of $227.9 million, up 57 percent Backlog of $602.0 million, up 55 percent Revenue of $176.7 million, up 40 percent Gross profit margin of 35.2 percent; Gross margin of $68.0 million, up 28 percent Net income of $36.0 million; non-GAAP net income of $3.5 million GAAP EPS (diluted) of $0.98; non-GAAP EPS (diluted) of $0.10 Adjusted EBITDA of $14.0 million, up 6 percent Free cash flow of $(15.1) million, down $13.2 million (1) All comparisons are versus the comparable prior year period, unless otherwise stated.
Neutral
GlobeNewsWire
1 month ago
CECO Environmental to Release First Quarter Earnings and Host Conference Call on April 29
ADDISON, Texas, April 21, 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 that it will report its first quarter of 2025 financial results on April 29, 2025, premarket. The Company will also host its earnings call starting at 8:30 a.m.
Neutral
PRNewsWire
2 months ago
May River Capital Establishes a New Flow Control Platform, Tusk Industrial
CHICAGO , April 2, 2025 /PRNewswire/ -- May River Capital ("May River"), a Chicago-based private equity firm focused on lower middle market industrial growth companies, announced today its acquisition of the Global Pump Solutions business of CECO Environmental Corp. (Nasdaq: CECO), including the highly respected Dean, Fybroc, and Sethco pump brands. Going forward, these three brands will be collectively organized under the parent company, Tusk Industrial, a newly formed portfolio company of May River.
Neutral
GlobeNewsWire
2 months 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 months 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.
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