Research Analysts Set Expectations for CECO Q1 Earnings

CECO Environmental Corp. (NASDAQ:CECO) – Research analysts at HC Wainwright lifted their Q1 2026 EPS estimates for shares of CECO Environmental in a research note issued on Wednesday, February 25th. HC Wainwright analyst A. Dayal now expects that the company will post earnings of $0.16 per share for the quarter, up from their prior estimate of $0.12. HC Wainwright currently has a “Buy” rating and a $90.00 price target on the stock. The consensus estimate for CECO Environmental’s current full-year earnings is $0.67 per share. HC Wainwright also issued estimates for CECO Environmental’s Q2 2026 earnings at $0.36 EPS, Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.82 EPS and FY2026 earnings at $1.67 EPS.

Several other research analysts also recently weighed in on CECO. Northland Securities upped their price target on CECO Environmental from $60.00 to $73.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 24th. Needham & Company LLC upped their target price on shares of CECO Environmental from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Wednesday. Zacks Research raised shares of CECO Environmental from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 11th. Roth Mkm boosted their price target on shares of CECO Environmental from $58.00 to $68.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of CECO Environmental in a report on Wednesday, January 21st. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, CECO Environmental has a consensus rating of “Moderate Buy” and an average price target of $78.20.

CECO Environmental Stock Performance

NASDAQ CECO opened at $60.45 on Thursday. The company has a quick ratio of 1.13, a current ratio of 1.34 and a debt-to-equity ratio of 0.65. CECO Environmental has a twelve month low of $17.57 and a twelve month high of $81.72. The business has a 50-day moving average price of $67.37 and a 200-day moving average price of $56.48. The firm has a market cap of $2.15 billion, a price-to-earnings ratio of 44.45 and a beta of 1.38.

CECO Environmental (NASDAQ:CECO) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.35). CECO Environmental had a return on equity of 10.60% and a net margin of 6.46%.The business had revenue of $214.69 million during the quarter, compared to analysts’ expectations of $205.39 million. During the same quarter in the previous year, the company posted $0.27 EPS. The company’s quarterly revenue was up 35.4% on a year-over-year basis.

Institutional Investors Weigh In On CECO Environmental

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. American Century Companies Inc. increased its position in shares of CECO Environmental by 16,844.6% during the 3rd quarter. American Century Companies Inc. now owns 1,257,796 shares of the company’s stock valued at $64,399,000 after purchasing an additional 1,250,373 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in CECO Environmental by 104.0% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 718,992 shares of the company’s stock worth $43,032,000 after buying an additional 366,611 shares during the period. Capital World Investors bought a new position in CECO Environmental during the fourth quarter valued at $19,936,000. Two Sigma Investments LP increased its position in CECO Environmental by 3,620.8% during the third quarter. Two Sigma Investments LP now owns 302,691 shares of the company’s stock valued at $15,498,000 after acquiring an additional 294,556 shares during the last quarter. Finally, IES Holdings Inc. purchased a new stake in shares of CECO Environmental in the fourth quarter valued at $16,963,000. 68.08% of the stock is currently owned by hedge funds and other institutional investors.

Key CECO Environmental News

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

• Positive Sentiment: HC Wainwright raised FY2026 EPS and multiple quarterly estimates and reiterates a “Buy” rating with a $90 price target — this is constructive for expectations of higher future earnings and likely supported buying interest earlier. HC Wainwright Notes
• Positive Sentiment: Independent broker commentary from Needham and Roth MKM published bullish price-appreciation forecasts for CECO, which helped lift analyst-driven enthusiasm. Needham Forecast Roth MKM Forecast
• Positive Sentiment: An analyst upgrade generated heavy trading volume and short-term interest, indicating the market initially reacted positively to the revised forecasts. Volume After Upgrade
• Neutral Sentiment: Coverage pieces highlight CECO’s continued M&A strategy as a growth driver; M&A can boost long-term scale but also adds integration risk and near-term execution uncertainty. M&A Growth Note
• Neutral Sentiment: An investor alert and filing activity around Thermon Group (a separate company) has shown up in headlines; its direct impact on CECO depends on the specifics of any transaction linkage flagged in recent coverage. Thermon Investor Alert
• Negative Sentiment: CECO’s latest quarterly results (Feb. 24) showed an EPS miss — $0.08 vs. consensus ~$0.43 — despite a revenue beat; an earnings miss of that magnitude can trigger profit-taking and reset near-term expectations. Earnings Recap
• Negative Sentiment: A recent Seeking Alpha piece argues CECO’s momentum may be faltering in light of a “big Thermon deal,” which could be read by traders as a catalyst that reduces growth runway or creates near-term uncertainty — this likely pressured the stock. Thermon Deal Analysis

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.