Financial Survey: CECO Environmental (NASDAQ:CECO) vs. Miller Industries (NYSE:MLR)

CECO Environmental (NASDAQ:CECO) and Miller Industries (NYSE:MLR) are both industrials companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, profitability, dividends, valuation, earnings, risk and analyst recommendations.

Valuation & Earnings

This table compares CECO Environmental and Miller Industries”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
CECO Environmental	$774.38 million	5.56	$50.05 million	($0.69)	-106.52
Miller Industries	$790.27 million	0.78	$23.01 million	$1.24	43.66

CECO Environmental has higher earnings, but lower revenue than Miller Industries. CECO Environmental is trading at a lower price-to-earnings ratio than Miller Industries, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares CECO Environmental and Miller Industries’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
CECO Environmental	-3.39%	7.36%	3.41%
Miller Industries	1.86%	3.41%	2.40%

Analyst Recommendations

This is a breakdown of current recommendations for CECO Environmental and Miller Industries, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
CECO Environmental	1	1	8	0	2.70
Miller Industries	0	2	1	0	2.33

CECO Environmental currently has a consensus price target of $104.88, suggesting a potential upside of 42.69%. Miller Industries has a consensus price target of $54.00, suggesting a potential downside of 0.26%. Given CECO Environmental’s stronger consensus rating and higher probable upside, research analysts plainly believe CECO Environmental is more favorable than Miller Industries.

Insider and Institutional Ownership

68.1% of CECO Environmental shares are owned by institutional investors. Comparatively, 79.2% of Miller Industries shares are owned by institutional investors. 18.4% of CECO Environmental shares are owned by insiders. Comparatively, 4.5% of Miller Industries shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Risk & Volatility

CECO Environmental has a beta of 1.51, suggesting that its share price is 51% more volatile than the S&P 500. Comparatively, Miller Industries has a beta of 1.12, suggesting that its share price is 12% more volatile than the S&P 500.

Summary

CECO Environmental beats Miller Industries on 9 of the 14 factors compared between the two stocks.

About CECO Environmental

CECO Environmental Corp. provides critical solutions in industrial air quality, industrial water treatment, and energy transition solutions worldwide. It operates in two segments: Engineered Systems and Industrial Process Solutions. The company engineers, designs, manufactures, and installs non-metallic expansion joints and flow control products, including rubber expansion joints, ducting expansion joints, and industrial pinch and duck bill valves; membrane-based industrial water and wastewater treatment systems; and provides dust and fume extraction solutions comprising consultation, design, manufacturing, installation, and service, as well as water and wastewater treatment solutions. It offers engineered and configured products and solutions, including dampers and diverters, expansion joints, selective catalytic reduction systems, severe-service and industrial cyclones, dust collectors, thermal oxidizers, filtration systems, wet and dry scrubbers, separators and coalescers, water treatment packages, metallic and non-metallic pumps, industrial silencers, and fluid handling equipment, as well as plant engineering services and engineered design build fabrication services. In addition, the company offers industrial engineered noise control solutions, including custom acoustical gen-set packages, ambient air baffles, acoustical louvres, and skid enclosures; process filtration solutions for hydrocarbon and chemical processing; and energy and water conservation systems and equipment. The company markets its products and services to natural gas processors, transmission and distribution companies, refineries, power generators, industrial manufacturing, engineering and construction companies, semiconductor manufacturers, compressor manufacturers, beverage can manufacturers, metals and minerals, and electric vehicle producers. CECO Environmental Corp. was founded in 1869 and is headquartered in Dallas, Texas.

About Miller Industries

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. It also provides transport trailers for moving various vehicles for auto auctions, car dealerships, leasing companies, and other similar operations. The company markets its products under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brands. Miller Industries, Inc. sells its products through independent distributors in North America, and Canada, Mexico; and through prime contractors to governmental entities. Miller Industries, Inc. was incorporated in 1990 and is headquartered in Ooltewah, Tennessee.