What is Northland Securities’ Estimate for CECO Q1 Earnings?

CECO Environmental Corp. (NASDAQ:CECO) – Equities researchers at Northland Securities issued their Q1 2026 earnings per share estimates for CECO Environmental in a research note issued to investors on Thursday, February 26th. Northland Securities analyst B. Brooks anticipates that the company will post earnings per share of $0.09 for the quarter. Northland Securities currently has a “Outperform” rating and a $73.00 target price on the stock. The consensus estimate for CECO Environmental’s current full-year earnings is $0.67 per share. Northland Securities also issued estimates for CECO Environmental’s Q2 2026 earnings at $0.33 EPS, Q3 2026 earnings at $0.38 EPS, Q4 2026 earnings at $0.63 EPS, FY2026 earnings at $1.44 EPS, Q1 2027 earnings at $0.26 EPS, Q2 2027 earnings at $0.45 EPS, Q3 2027 earnings at $0.57 EPS, Q4 2027 earnings at $0.74 EPS and FY2027 earnings at $2.02 EPS.

CECO has been the topic of several other reports. Lake Street Capital reissued a “buy” rating and set a $80.00 price objective on shares of CECO Environmental in a report on Wednesday. Needham & Company LLC increased their target price on CECO Environmental from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Roth Mkm lifted their price target on CECO Environmental from $58.00 to $68.00 and gave the company a “buy” rating in a report on Wednesday, February 25th. Zacks Research upgraded CECO Environmental from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 11th. Finally, HC Wainwright raised their price objective on CECO Environmental from $55.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $78.20.

CECO Environmental Trading Down 4.5%

NASDAQ:CECO opened at $60.45 on Monday. The firm has a 50-day simple moving average of $67.37 and a 200-day simple moving average of $56.63. CECO Environmental has a one year low of $17.57 and a one year high of $81.72. The firm has a market cap of $2.15 billion, a P/E ratio of 44.45 and a beta of 1.39. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.16 and a current ratio of 1.34.

CECO Environmental (NASDAQ:CECO) last released its quarterly earnings data on Tuesday, February 24th. The company reported $0.08 earnings per share 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 period last year, the company earned $0.27 earnings per share. The firm’s revenue was up 35.4% compared to the same quarter last year.

Institutional Investors Weigh In On CECO Environmental

A number of large investors have recently modified their holdings of the business. T. Rowe Price Investment Management Inc. increased its holdings in shares of 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 valued at $43,032,000 after acquiring an additional 366,611 shares in the last quarter. Invesco Ltd. increased its stake in CECO Environmental by 217.1% during the 4th quarter. Invesco Ltd. now owns 135,511 shares of the company’s stock valued at $8,110,000 after purchasing an additional 92,772 shares in the last quarter. Tudor Investment Corp ET AL purchased a new position in shares of CECO Environmental in the fourth quarter worth $6,261,000. Twinbeech Capital LP acquired a new stake in shares of CECO Environmental during the fourth quarter worth $772,000. Finally, Osterweis Capital Management Inc. grew its holdings in shares of CECO Environmental by 6.5% during the fourth quarter. Osterweis Capital Management Inc. now owns 223,682 shares of the company’s stock valued at $13,387,000 after buying an additional 13,650 shares during the last quarter. Hedge funds and other institutional investors own 68.08% of the company’s stock.

CECO Environmental News Summary

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

About CECO Environmental

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.