CECO Environmental Corp. (CECO)

NASDAQ: CECO · IEX Real-Time Price · USD
24.42
+0.15 (0.62%)
Apr 25, 2024, 11:33 AM EDT - Market open
0.62%
Market Cap 844.36M
Revenue (ttm) 544.85M
Net Income (ttm) 12.91M
Shares Out 34.59M
EPS (ttm) 0.37
PE Ratio 65.42
Forward PE 25.56
Dividend n/a
Ex-Dividend Date n/a
Volume 53,763
Open 24.07
Previous Close 24.27
Day's Range 23.75 - 24.42
52-Week Range 10.68 - 24.43
Beta 1.23
Analysts Strong Buy
Price Target 26.50 (+8.52%)
Earnings Date Apr 30, 2024

About CECO

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 extr... [Read more]

Sector Industrials
Founded 1966
Employees 1,200
Stock Exchange NASDAQ
Ticker Symbol CECO
Full Company Profile

Financial Performance

In 2023, CECO's revenue was $544.85 million, an increase of 28.92% compared to the previous year's $422.63 million. Earnings were $12.91 million, a decrease of -25.87%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for CECO stock is "Strong Buy." The 12-month stock price forecast is $26.5, which is an increase of 8.52% from the latest price.

Price Target
$26.5
(8.52% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

CECO Environmental to Release First Quarter Earnings and Host Conference Call on April 30

DALLAS, April 16, 2024 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment an...

9 days ago - GlobeNewsWire

Ceco Environmental to Participate in the 36th Annual Roth Conference on March 18

DALLAS, March 11, 2024 (GLOBE NEWSWIRE) -- CEC O E n v i r o n m e n t al C or p . ( N as d a q : CECO), a leading environmentally focused, diversified industrial company whose solutions protect peop...

6 weeks ago - GlobeNewsWire

CECO Environmental Reports Fourth Quarter and Full Year 2023 Results

Reports Q4 and Full Year Earnings with Multiple Financial Records Company Raises Full Year 2024 Guidance   DALLAS, March 05, 2024 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO) ("CECO"), ...

7 weeks ago - GlobeNewsWire

CECO Environmental to Release Fourth Quarter and Full Year 2023 Earnings and Host Conference Call on March 5, 2024

DALLAS, Feb. 19, 2024 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and...

2 months ago - GlobeNewsWire

CECO Environmental to Present at the 26th Annual Needham Growth Conference on January 17

DALLAS, Jan. 04, 2024 (GLOBE NEWSWIRE) -- CEC O E n v i r o n m e n t al C or p . ( N as d a q : CECO), a leading environmentally focused, diversified industrial company whose solutions protect peopl...

4 months ago - GlobeNewsWire

CECO ENVIRONMENTAL REPORTS THIRD QUARTER 2023 RESULTS

Record Revenue, Backlog, Gross Profit and Cash Flow Dollars Company Raises Full Year 2023 Outlook and Introduces 2024 Guidance  DALLAS , Nov. 7, 2023 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: ...

6 months ago - PRNewsWire

CECO ENVIRONMENTAL TO RELEASE THIRD QUARTER 2023 EARNINGS AND HOST CONFERENCE CALL ON NOVEMBER 7, 2023

DALLAS , Oct. 23, 2023 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and in...

6 months ago - PRNewsWire

CECO Environmental Raises Full Year 2023 Outlook, Announces Acquisition of Kemco Systems, a Leader in Industrial Water Recycling and Energy Conservation Solutions

DALLAS , Sept. 13, 2023 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECO) ("CECO"), a leading environmentally focused, diversified industrial company whose solutions protect people, the environm...

8 months ago - PRNewsWire

CECO Environmental Announces Appointment of Laurie A. Siegel to its Board of Directors

DALLAS , Sept. 11, 2023 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and ...

8 months ago - PRNewsWire

CECO ENVIRONMENTAL TO PRESENT AT THE LAKE STREET 7TH ANNUAL BEST IDEAS GROWTH CONFERENCE

DALLAS , Sept. 5, 2023 /PRNewswire/ -- CEC O Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and i...

8 months ago - PRNewsWire

CECO ENVIRONMENTAL TO PRESENT AT THE MIDWEST IDEAS CONFERENCE

DALLAS , Aug. 14, 2023 /PRNewswire/ -- CEC O Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and i...

9 months ago - PRNewsWire

CECO ENVIRONMENTAL REPORTS SECOND QUARTER 2023 RESULTS

Record Orders, Revenue, Backlog, Gross Profit and Adjusted EBITDA Company Raises Full Year 2023 Outlook DALLAS , Aug. 8, 2023 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECO) ("CECO"), a leadin...

9 months ago - PRNewsWire

CECO ENVIRONMENTAL TO RELEASE SECOND QUARTER 2023 EARNINGS AND HOST CONFERENCE CALL ON AUGUST 8, 2023

DALLAS , July 25, 2023 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and in...

9 months ago - PRNewsWire

CECO ENVIRONMENTAL ANNOUNCES INCLUSION IN RUSSELL 2000 INDEX

DALLAS , July 5, 2023 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and ind...

10 months ago - PRNewsWire

CECO ENVIRONMENTAL ANNOUNCES UPCOMING INVESTOR CONFERENCES

DALLAS , May 25, 2023 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECO), today announces that Todd Gleason, Chief Executive Officer, and Peter Johansson, Chief Financial and Strategy Officer, wi...

1 year ago - PRNewsWire

Top Industrial Stocks for May 2023

ZIM Integrated Shipping Services, Sun Country Airlines, and Evolv Technologies lead for value, growth, and momentum, respectively.

1 year ago - Investopedia

CECO ENVIRONMENTAL REPORTS FIRST QUARTER 2023 RESULTS

Strong Orders Establish Record Backlog, Supports Sustained Revenue Growth Company Raises Full Year 2023 Outlook DALLAS , May 9, 2023  /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECO) ("CECO"), ...

1 year ago - PRNewsWire

CECO ENVIRONMENTAL TO RELEASE FIRST QUARTER EARNINGS AND HOST CONFERENCE CALL ON MAY 9

DALLAS , April 24, 2023 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and i...

1 year ago - PRNewsWire

CECO Environmental Expands Filtration Capabilities with Acquisition of Houston-Based Transcend Solutions

DALLAS , April 3, 2023 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECO) ("CECO"), a leading environmentally focused, diversified industrial company whose solutions protect people, the environme...

1 year ago - PRNewsWire

CECO ENVIRONMENTAL REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS

Strong Fourth Quarter Results Capstone High Growth, Transformational Full Year 2022 Company Raises Full Year 2023 Outlook Off Record Backlog Levels DALLAS , March 6, 2023 /PRNewswire/ -- CECO Environm...

1 year ago - PRNewsWire

CECO ENVIRONMENTAL TO PARTICIPATE IN THE 35th ANNUAL ROTH CONFERENCE

DALLAS , March 2, 2023 /PRNewswire/ -- CEC O Environmental Corp. (Nasdaq: CECO), today announces that Peter Johansson, Chief Financial and Strategy Officer, will participate in the 35th Annual ROTH Co...

1 year ago - PRNewsWire

CECO ENVIRONMENTAL TO RELEASE FOURTH QUARTER AND FULL YEAR 2022 EARNINGS AND HOST CONFERENCE CALL ON MARCH 6

DALLAS , Feb. 21, 2023 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and in...

1 year ago - PRNewsWire

CECO Environmental Expands Industrial Offering with Acquisition of UK-Based Noise Control Technology Company

DALLAS , Jan. 10, 2023 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECO) ("CECO"), a leading environmentally focused, diversified industrial company whose solutions protect people, the environme...

1 year ago - PRNewsWire

CECO ENVIRONMENTAL ANNOUNCES PRELIMINARY FOURTH QUARTER 2022 ORDERS OF AT LEAST $145 MILLION

Increase of 60 Percent Compared to Prior Year Period and up 42 Percent Sequentially DALLAS , Jan. 10, 2023 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECO) ("CECO"), a leading environmentally f...

1 year ago - PRNewsWire

CECO ENVIRONMENTAL TO PRESENT AT THE 25th ANNUAL NEEDHAM GROWTH CONFERENCE ON JAN. 10

DALLAS , Jan. 3, 2023 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and ind...

1 year ago - PRNewsWire