Northland Securities Has Negative View of CECO Q2 Earnings

CECO Environmental Corp. (NASDAQ:CECO) – Equities research analysts at Northland Securities lowered their Q2 2026 earnings estimates for CECO Environmental in a report released on Friday, June 12th. Northland Securities analyst B. Brooks now expects that the company will post earnings per share of $0.15 for the quarter, down from their previous estimate of $0.32. The consensus estimate for CECO Environmental’s current full-year earnings is $1.82 per share. Northland Securities also issued estimates for CECO Environmental’s Q3 2026 earnings at $0.62 EPS, Q1 2027 earnings at $0.57 EPS, Q2 2027 earnings at $0.82 EPS, Q4 2027 earnings at $0.86 EPS and FY2027 earnings at $2.97 EPS.

CECO Environmental (NASDAQ:CECO) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.12 by $0.24. CECO Environmental had a net margin of 1.70% and a return on equity of 13.69%. The firm had revenue of $205.92 million for the quarter, compared to analyst estimates of $198.88 million. During the same quarter last year, the firm posted $0.10 earnings per share. CECO Environmental’s revenue for the quarter was up 16.5% compared to the same quarter last year.

Other research analysts have also issued research reports about the stock. Roth Mkm restated a “buy” rating and issued a $85.00 price target on shares of CECO Environmental in a report on Wednesday, April 29th. HC Wainwright increased their price objective on shares of CECO Environmental from $55.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Weiss Ratings downgraded shares of CECO Environmental from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. Needham & Company LLC increased their price objective on shares of CECO Environmental from $90.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. Finally, Lake Street Capital increased their price objective on shares of CECO Environmental from $80.00 to $111.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, CECO Environmental has a consensus rating of “Buy” and an average target price of $102.83.

CECO Environmental Trading Down 1.8%

NASDAQ CECO opened at $95.01 on Tuesday. CECO Environmental has a one year low of $27.50 and a one year high of $101.24. The company’s 50 day moving average price is $76.52 and its 200 day moving average price is $67.49. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.18 and a current ratio of 1.33. The firm has a market capitalization of $3.41 billion, a price-to-earnings ratio of 256.78 and a beta of 1.49.

Institutional Trading of CECO Environmental

A number of hedge funds have recently made changes to their positions in CECO. Royal Bank of Canada grew its position in shares of CECO Environmental by 15.6% during the first quarter. Royal Bank of Canada now owns 14,661 shares of the company’s stock worth $335,000 after buying an additional 1,982 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of CECO Environmental by 4.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,442 shares of the company’s stock worth $398,000 after buying an additional 790 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of CECO Environmental by 5.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 93,137 shares of the company’s stock worth $2,124,000 after buying an additional 5,000 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of CECO Environmental during the first quarter worth approximately $1,047,000. Finally, Rhumbline Advisers grew its position in shares of CECO Environmental by 2.4% during the second quarter. Rhumbline Advisers now owns 43,137 shares of the company’s stock worth $1,221,000 after buying an additional 991 shares in the last quarter. Institutional investors and hedge funds own 68.08% of the company’s stock.

Insider Transactions at CECO Environmental

In related news, Director Richard F. Wallman purchased 20,000 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was acquired at an average price of $76.85 per share, with a total value of $1,537,000.00. Following the completion of the transaction, the director owned 105,500 shares of the company’s stock, valued at $8,107,675. This represents a 23.39% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 16.90% of the stock is owned by company insiders.

About CECO Environmental

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.