CECO Environmental Corp. (CECO)
NASDAQ: CECO · IEX Real-Time Price · USD
27.99
-0.05 (-0.18%)
Jul 2, 2024, 4:00 PM EDT - Market closed
CECO Environmental Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for CECO Environmental stock have an average target of 27.4, with a low estimate of 25 and a high estimate of 30. The average target predicts a decrease of -2.11% from the current stock price of 27.99.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 1, 2024.
Analyst Ratings
The average analyst rating for CECO stock from 5 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 3 | 4 | 4 |
| Buy | 0 | 0 | 1 | 1 | 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 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $30 | Strong Buy | Reiterates | $30 | +7.18% | May 1, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $25 → $28 | Strong Buy | Maintains | $25 → $28 | +0.04% | May 1, 2024 |
| Needham | Needham | Strong Buy Maintains $23 → $26 | Strong Buy | Maintains | $23 → $26 | -7.11% | May 1, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $27 → $28 | Buy | Maintains | $27 → $28 | +0.04% | Mar 6, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $22 → $25 | Strong Buy | Maintains | $22 → $25 | -10.68% | Mar 6, 2024 |
Financial Forecast
Revenue This Year
609.30M
from 544.85M
Increased by 11.83%
Revenue Next Year
667.51M
from 609.30M
Increased by 9.55%
EPS This Year
0.92
from 0.37
Increased by 149.90%
EPS Next Year
1.29
from 0.92
Increased by 39.97%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 631.9M | 703.7M | 731.0M |
| Avg | 609.3M | 667.5M | 710.1M |
| Low | 581.7M | 631.1M | 682.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.0% | 15.5% | 9.5% |
| Avg | 11.8% | 9.6% | 6.4% |
| Low | 6.8% | 3.6% | 2.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.04 | 1.56 | 1.77 |
| Avg | 0.92 | 1.29 | 1.72 |
| Low | 0.83 | 1.11 | 1.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 180.9% | 69.2% | 37.1% |
| Avg | 149.9% | 40.0% | 33.2% |
| Low | 124.9% | 19.8% | 28.0% |
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.