CECO Environmental Corp. (CECO)
NASDAQ: CECO · IEX Real-Time Price · USD
25.26
+0.99 (4.08%)
At close: Apr 25, 2024, 4:00 PM
25.35
+0.09 (0.36%)
After-hours: Apr 25, 2024, 5:19 PM EDT
CECO Environmental Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for CECO Environmental stock have an average target of 26.5, with a low estimate of 23 and a high estimate of 30. The average target predicts an increase of 4.91% from the current stock price of 25.26.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 6, 2024.
Analyst Ratings
The average analyst rating for CECO stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $27 → $28 | Buy | Maintains | $27 → $28 | +10.85% | Mar 6, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $22 → $25 | Strong Buy | Maintains | $22 → $25 | -1.03% | Mar 6, 2024 |
| Needham | Needham | Strong Buy Maintains $22 → $23 | Strong Buy | Maintains | $22 → $23 | -8.95% | Mar 6, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $22 → $30 | Strong Buy | Maintains | $22 → $30 | +18.76% | Mar 6, 2024 |
| Needham | Needham | Strong Buy Maintains $17 → $18 | Strong Buy | Maintains | $17 → $18 | -28.74% | Sep 14, 2023 |
Financial Forecast
Revenue This Year
613.16M
from 544.85M
Increased by 12.54%
Revenue Next Year
668.89M
from 613.16M
Increased by 9.09%
EPS This Year
0.95
from 0.37
Increased by 155.92%
EPS Next Year
1.33
from 0.95
Increased by 40.04%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 638.6M | 713.1M | 725.0M |
| Avg | 613.2M | 668.9M | 704.3M |
| Low | 580.2M | 626.6M | 676.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.2% | 16.3% | 8.4% |
| Avg | 12.5% | 9.1% | 5.3% |
| Low | 6.5% | 2.2% | 1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.05 | 1.60 | 1.75 |
| Avg | 0.95 | 1.33 | 1.70 |
| Low | 0.85 | 1.11 | 1.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 183.8% | 68.6% | 32.2% |
| Avg | 155.9% | 40.0% | 28.5% |
| Low | 130.4% | 17.0% | 23.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.