CECO Environmental Corp. (CECO)
NASDAQ: CECO · Real-Time Price · USD
22.75
-0.72 (-3.07%)
Nov 4, 2024, 4:00 PM EST - 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 34.4, with a low estimate of 33 and a high estimate of 35. The average target predicts an increase of 51.21% from the current stock price of 22.75.
Analyst Consensus: Strong Buy
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 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 | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $35 → $33 | Strong Buy | Maintains | $35 → $33 | +45.05% | Oct 30, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $35 | Strong Buy | Reiterates | $35 | +53.85% | Oct 30, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $28 → $35 | Buy | Maintains | $28 → $35 | +53.85% | Aug 1, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $28 → $34 | Strong Buy | Maintains | $28 → $34 | +49.45% | Jul 31, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $26 → $35 | Strong Buy | Maintains | $26 → $35 | +53.85% | Jul 31, 2024 |
Financial Forecast
Revenue This Year
588.71M
from 544.85M
Increased by 8.05%
Revenue Next Year
705.20M
from 588.71M
Increased by 19.79%
EPS This Year
0.84
from 0.37
Increased by 127.16%
EPS Next Year
1.21
from 0.84
Increased by 43.69%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 609.6M | 737.6M | 803.9M |
| Avg | 588.7M | 705.2M | 761.8M |
| Low | 563.5M | 640.9M | 695.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.9% | 25.3% | 14.0% |
| Avg | 8.1% | 19.8% | 8.0% |
| Low | 3.4% | 8.9% | -1.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.01 | 1.61 | 1.69 |
| Avg | 0.84 | 1.21 | 1.46 |
| Low | 0.74 | 0.99 | 1.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 172.4% | 91.1% | 40.0% |
| Avg | 127.2% | 43.7% | 20.5% |
| Low | 101.3% | 17.8% | 3.9% |
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.