CECO Environmental (CECO) Projected to Post Earnings on Tuesday

CECO Environmental (NASDAQ:CECO) is expected to release its earnings data before the market opens on Tuesday, February 25th. Analysts expect CECO Environmental to post earnings of $0.22 per share and revenue of $156.09 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

CECO Environmental Stock Performance

CECO Environmental stock opened at $24.16 on Friday. The business has a 50 day moving average of $29.19 and a 200-day moving average of $28.36. CECO Environmental has a 1 year low of $18.50 and a 1 year high of $35.16. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.30 and a quick ratio of 1.12. The company has a market capitalization of $845.12 million, a P/E ratio of 73.21, a P/E/G ratio of 1.43 and a beta of 1.41.

Analysts Set New Price Targets

A number of research firms have weighed in on CECO. Needham & Company LLC decreased their target price on shares of CECO Environmental from $35.00 to $33.00 and set a “buy” rating for the company in a research report on Wednesday, October 30th. Craig Hallum increased their target price on shares of CECO Environmental from $34.00 to $40.00 and gave the company a “buy” rating in a research report on Monday, January 6th. HC Wainwright downgraded shares of CECO Environmental from a “buy” rating to a “neutral” rating in a research report on Friday, January 17th. Finally, Northland Securities increased their target price on shares of CECO Environmental from $35.00 to $38.00 and gave the company an “outperform” rating in a research report on Friday, December 20th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, CECO Environmental has an average rating of “Moderate Buy” and an average price target of $36.20.

CECO Environmental Company Profile

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 extraction solutions comprising consultation, design, manufacturing, installation, and service, as well as water and wastewater treatment solutions.