CECO Environmental (NASDAQ:CECO) Stock Price Expected to Rise, Roth Mkm Analyst Says

CECO Environmental (NASDAQ:CECO) had its target price upped by stock analysts at Roth Mkm from $58.00 to $68.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Roth Mkm’s target price suggests a potential upside of 11.40% from the company’s current price.

Several other brokerages have also issued reports on CECO. Weiss Ratings reissued a “buy (b-)” rating on shares of CECO Environmental in a research note on Wednesday, January 21st. HC Wainwright increased their target price on shares of CECO Environmental from $55.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday. Needham & Company LLC lifted their price target on shares of CECO Environmental from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Wednesday. Zacks Research upgraded shares of CECO Environmental from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. Finally, Northland Securities raised their target price on CECO Environmental from $60.00 to $73.00 and gave the company an “outperform” rating in a research note on Wednesday, December 24th. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, CECO Environmental has an average rating of “Moderate Buy” and an average price target of $73.40.

CECO Environmental Trading Up 1.7%

Shares of CECO traded up $1.04 during trading hours on Wednesday, hitting $61.04. 507,138 shares of the stock were exchanged, compared to its average volume of 357,641. CECO Environmental has a fifty-two week low of $17.57 and a fifty-two week high of $81.72. The business has a 50-day moving average of $67.08 and a 200-day moving average of $56.27. The firm has a market capitalization of $2.18 billion, a P/E ratio of 43.00 and a beta of 1.38. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.33 and a quick ratio of 1.13.

CECO Environmental (NASDAQ:CECO) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.35). CECO Environmental had a net margin of 7.22% and a return on equity of 10.84%. The firm had revenue of $214.69 million for the quarter, compared to the consensus estimate of $205.39 million. During the same period last year, the company posted $0.27 EPS. The business’s revenue was up 35.4% compared to the same quarter last year. On average, research analysts expect that CECO Environmental will post 0.67 EPS for the current year.

Institutional Investors Weigh In On CECO Environmental

A number of institutional investors and hedge funds have recently made changes to their positions in CECO. American Century Companies Inc. lifted its stake in 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 acquiring an additional 1,250,373 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its stake in shares of CECO Environmental by 104.0% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 718,992 shares of the company’s stock worth $43,032,000 after acquiring an additional 366,611 shares in the last quarter. Capital World Investors purchased a new stake in shares of CECO Environmental in the fourth quarter valued at about $19,936,000. Two Sigma Investments LP lifted its position in shares of 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 purchasing an additional 294,556 shares in the last quarter. Finally, IES Holdings Inc. bought a new stake in CECO Environmental in the 4th quarter worth about $16,963,000. Institutional investors and hedge funds own 68.08% of the company’s stock.

CECO Environmental News Roundup

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

• Positive Sentiment: HC Wainwright raised its price target sharply to $90 (from $55) and maintained a “buy” rating — a large upward revision that signals renewed analyst confidence and implies significant upside for CECO. HC Wainwright price target raise
• Positive Sentiment: Needham & Company also lifted its price target to $80 (from $75) and kept a “buy” rating, adding to the bullish analyst sentiment that is supporting the stock. Needham price target raise
• Positive Sentiment: CECO announced a strategic combination to acquire Thermon Group in a ~$2.2 billion cash-and-stock deal, creating a larger industrial platform with complementary thermal/heat‑tracing capabilities; management says the combined company will pursue sustained double‑digit growth. This transaction is the main catalyst behind upgrades and higher revenue targets. CECO Announces Strategic Combination with Thermon Group
• Neutral Sentiment: CECO raised 2026 revenue guidance to $925M–$975M (non‑inclusive of Thermon), well above consensus — this improves top‑line visibility but the guidance excludes the Thermon contribution, so investors will watch deal close/timing closely. CECO revenue target article
• Neutral Sentiment: Operationally CECO reported records (full‑year orders > $1B, Q4 gross margin ~35%) and revenue above estimates, which supports the growth narrative even as earnings details are mixed. CECO Reports Fourth Quarter and Full Year 2025 Results
• Neutral Sentiment: Thermon shares surged on the announcement (market reaction to the deal has been strong for Thermon), a positive signal for deal rationale though not a direct guarantee of CECO upside. Thermon shares jump
• Negative Sentiment: Q4 earnings missed EPS consensus — the company reported materially lower EPS vs. Street estimates (company filings and coverage show an EPS shortfall while revenue beat), which injects near‑term earnings uncertainty and partly explains mixed analyst reactions. Q4 earnings miss article
• Negative Sentiment: Shareholder litigation risk has emerged: at least two law firms announced investigations into the CECO‑Thermon merger, which could introduce legal/distraction risk and potential deal complications. Investors should monitor developments. Class action investigation article

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.