CECO Environmental (CECO) Stock Forecast, Price Target & Predictions


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CECO Stock Forecast


CECO Environmental stock forecast is as follows: an average price target of $34.00 (represents a 14.09% upside from CECO’s last price of $29.80) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.

CECO Price Target


The average price target for CECO Environmental (CECO) is $34.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $34.00 to $34.00. This represents a potential 14.09% upside from CECO's last price of $29.80.

CECO Analyst Ratings


Buy

According to 3 Wall Street analysts, CECO Environmental's rating consensus is 'Buy'. The analyst rating breakdown for CECO stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

CECO Environmental Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 31, 2024Aaron SpychallaCraig-Hallum$34.00$28.1820.67%14.09%
Jul 16, 2024James RicchiutiNeedham$34.00$29.5615.02%14.09%
May 01, 2024James RicchiutiNeedham$26.00$21.5020.90%-12.75%

The latest CECO Environmental stock forecast, released on Jul 31, 2024 by Aaron Spychalla from Craig-Hallum, set a price target of $34.00, which represents a 20.67% increase from the stock price at the time of the forecast ($28.18), and a 14.09% increase from CECO last price ($29.80).

CECO Environmental Price Target by Period


1M3M12M
# Anlaysts--3
Avg Price Target--$31.33
Last Closing Price$29.80$29.80$29.80
Upside/Downside-100.00%-100.00%5.13%

In the current month, the average price target of CECO Environmental stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to CECO Environmental's last price of $29.80. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 30, 2024H.C. WainwrightBuyBuyHold
Jul 31, 2024Craig-HallumBuyBuyHold
Jul 31, 2024H.C. WainwrightBuyBuyHold
Jul 16, 2024NeedhamUnderperformUnderperformHold
Jul 16, 2024Raymond JamesBuyBuyHold
Jul 16, 2024NeedhamBuyBuyHold
May 01, 2024NeedhamUnderperformUnderperformHold
May 01, 2024Raymond JamesBuyBuyHold
May 01, 2024NeedhamBuyBuyHold
Mar 06, 2024NeedhamBuyBuyHold
Sep 14, 2023NeedhamBuyBuyHold

CECO Environmental's last stock rating was published by H.C. Wainwright on Oct 30, 2024. The company gave CECO a "Buy" rating, the same as its previous rate.

CECO Environmental Financial Forecast


CECO Environmental Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue---------------$112.56M$116.40M$108.41M$105.38M$92.44M$93.59M$79.98M$78.68M$71.89M$82.93M$77.42M$75.17M$80.49M$89.41M$85.27M
Avg Forecast$227.40M$194.65M$180.05M$163.15M$215.35M$175.98M$157.49M$144.05M$177.94M$155.94M$143.33M$135.82M$146.61M$132.80M$117.77M$106.53M$105.10M$95.23M$91.28M$83.27M$84.10M$81.30M$76.34M$73.46M$78.43M$82.83M$68.40M$82.01M$89.73M$89.46M
High Forecast$234.53M$200.75M$185.70M$168.27M$222.10M$181.50M$162.43M$149.61M$180.63M$155.94M$143.33M$140.08M$154.82M$132.80M$121.46M$109.87M$108.39M$95.23M$91.28M$83.27M$84.10M$81.30M$76.34M$73.46M$78.43M$82.83M$68.40M$82.01M$89.73M$89.46M
Low Forecast$217.52M$186.19M$172.22M$156.06M$205.99M$168.33M$150.64M$134.99M$175.03M$155.94M$143.33M$129.92M$137.37M$132.80M$112.65M$101.90M$100.53M$95.23M$91.28M$83.27M$84.10M$81.30M$76.34M$73.46M$78.43M$82.83M$68.40M$82.01M$89.73M$89.46M
# Analysts222211144222422211112222222211
Surprise %---------------1.06%1.11%1.14%1.15%1.11%1.11%0.98%1.03%0.98%1.06%0.93%1.10%0.98%1.00%0.95%

CECO Environmental's average Quarter revenue forecast for Jun 23 based on 2 analysts is $117.77M, with a low forecast of $112.65M, and a high forecast of $121.46M. CECO's average Quarter revenue forecast represents a 4.63% increase compared to the company's last Quarter revenue of $112.56M (Mar 23).

CECO Environmental EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144222422211112222222211
EBITDA---------------$8.26M$16.36M$8.54M$10.62M$8.15M$7.10M$2.67M$4.07M$5.12M$9.65M$6.06M$8.45M$7.78M$10.73M$7.35M
Avg Forecast$19.57M$16.75M$15.50M$14.04M$18.53M$15.15M$13.55M$12.40M$15.31M$13.42M$12.34M$11.69M$12.62M$11.43M$10.14M$9.17M$9.04M$8.31M$7.96M$7.26M$7.33M$7.09M$6.66M$6.41M$6.84M$7.22M$5.97M$7.15M$7.83M$7.80M
High Forecast$20.18M$17.28M$15.98M$14.48M$19.11M$15.62M$13.98M$12.88M$15.55M$13.42M$12.34M$12.06M$13.32M$11.43M$10.45M$9.46M$9.33M$8.31M$7.96M$7.26M$7.33M$7.09M$6.66M$6.41M$6.84M$7.22M$5.97M$7.15M$7.83M$7.80M
Low Forecast$18.72M$16.02M$14.82M$13.43M$17.73M$14.49M$12.96M$11.62M$15.06M$13.42M$12.34M$11.18M$11.82M$11.43M$9.70M$8.77M$8.65M$8.31M$7.96M$7.26M$7.33M$7.09M$6.66M$6.41M$6.84M$7.22M$5.97M$7.15M$7.83M$7.80M
Surprise %---------------0.90%1.81%1.03%1.33%1.12%0.97%0.38%0.61%0.80%1.41%0.84%1.42%1.09%1.37%0.94%

2 analysts predict CECO's average Quarter EBITDA for Jun 23 to be $10.14M, with a high of $10.45M and a low of $9.70M. This is 22.65% upper than CECO Environmental's previous annual EBITDA (Mar 23) of $8.26M.

CECO Environmental Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144222422211112222222211
Net Income---------------$1.98M$8.29M$1.94M$4.38M$2.79M$1.50M$-1.20M$293.00K$1.18M$1.78M$-250.00K$3.26M$3.41M$8.40M$1.93M
Avg Forecast$22.44M$14.78M$11.13M$6.93M$20.92M$11.62M$6.93M$3.47M$11.86M$7.24M$5.78M$4.00M$8.80M$6.93M$5.18M$3.79M$5.72M$3.99M$3.36M$1.72M$2.99M$3.90M$3.18M$3.15M$3.27M$4.08M$2.99M$3.78M$5.23M$4.36M
High Forecast$23.36M$15.38M$11.58M$7.22M$21.77M$12.09M$7.22M$4.46M$13.66M$7.24M$5.78M$4.16M$9.51M$7.22M$5.39M$3.95M$5.95M$3.99M$3.36M$1.72M$2.99M$3.90M$3.18M$3.15M$3.27M$4.08M$2.99M$3.78M$5.23M$4.36M
Low Forecast$21.17M$13.94M$10.50M$6.54M$19.74M$10.96M$6.54M$2.23M$10.78M$7.23M$5.77M$3.77M$8.45M$6.54M$4.89M$3.58M$5.39M$3.99M$3.36M$1.72M$2.99M$3.90M$3.18M$3.15M$3.27M$4.08M$2.99M$3.78M$5.23M$4.36M
Surprise %---------------0.52%1.45%0.49%1.31%1.62%0.50%-0.31%0.09%0.38%0.54%-0.06%1.09%0.90%1.61%0.44%

CECO Environmental's average Quarter net income forecast for Jun 23 is $5.18M, with a range of $4.89M to $5.39M. CECO's average Quarter net income forecast represents a 161.95% increase compared to the company's last Quarter net income of $1.98M (Mar 23).

CECO Environmental SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144222422211112222222211
SG&A---------------$27.19M$26.67M$25.17M$22.99M$18.65M$20.90M$20.93M$20.51M$19.45M$17.55M$18.99M$18.41M$21.95M$20.41M$21.82M
Avg Forecast$54.31M$46.49M$43.00M$38.96M$51.43M$42.03M$37.61M$34.40M$42.50M$37.24M$34.23M$32.44M$35.01M$31.72M$28.13M$25.44M$25.10M$22.74M$21.80M$19.89M$20.08M$19.42M$18.23M$17.54M$18.73M$19.78M$16.34M$19.58M$21.43M$21.36M
High Forecast$56.01M$47.94M$44.35M$40.19M$53.04M$43.35M$38.79M$35.73M$43.14M$37.24M$34.23M$33.45M$36.97M$31.72M$29.01M$26.24M$25.89M$22.74M$21.80M$19.89M$20.08M$19.42M$18.23M$17.54M$18.73M$19.78M$16.34M$19.58M$21.43M$21.36M
Low Forecast$51.95M$44.47M$41.13M$37.27M$49.19M$40.20M$35.98M$32.24M$41.80M$37.24M$34.23M$31.03M$32.81M$31.72M$26.90M$24.33M$24.01M$22.74M$21.80M$19.89M$20.08M$19.42M$18.23M$17.54M$18.73M$19.78M$16.34M$19.58M$21.43M$21.36M
Surprise %---------------1.07%1.06%1.11%1.05%0.94%1.04%1.08%1.13%1.11%0.94%0.96%1.13%1.12%0.95%1.02%

CECO Environmental's average Quarter SG&A projection for Jun 23 is $28.13M, based on 2 Wall Street analysts, with a range of $26.90M to $29.01M. The forecast indicates a 3.43% rise compared to CECO last annual SG&A of $27.19M (Mar 23).

CECO Environmental EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144222422211112222222211
EPS---------------$0.06$0.24$0.06$0.13$0.08$0.04$-0.03$0.01$0.03$0.05$-0.01$0.09$0.10$0.24$0.06
Avg Forecast$0.61$0.41$0.30$0.19$0.57$0.32$0.19$0.10$0.33$0.20$0.16$0.11$0.24$0.19$0.14$0.10$0.16$0.11$0.09$0.05$0.08$0.11$0.09$0.09$0.09$0.11$0.08$0.10$0.14$0.12
High Forecast$0.64$0.42$0.32$0.20$0.60$0.33$0.20$0.12$0.37$0.20$0.16$0.11$0.26$0.20$0.15$0.11$0.16$0.11$0.09$0.05$0.08$0.11$0.09$0.09$0.09$0.11$0.08$0.10$0.14$0.12
Low Forecast$0.58$0.38$0.29$0.18$0.54$0.30$0.18$0.06$0.30$0.20$0.16$0.10$0.23$0.18$0.13$0.10$0.15$0.11$0.09$0.05$0.08$0.11$0.09$0.09$0.09$0.11$0.08$0.10$0.14$0.12
Surprise %---------------0.58%1.53%0.55%1.41%1.68%0.51%-0.31%0.11%0.35%0.56%-0.09%1.09%0.96%1.67%0.50%

According to 2 Wall Street analysts, CECO Environmental's projected average Quarter EPS for Jun 23 is $0.14, with a low estimate of $0.13 and a high estimate of $0.15. This represents a 136.67% increase compared to CECO previous annual EPS of $0.06 (Mar 23).

CECO Environmental Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ERIIEnergy Recovery$16.09$22.0036.73%Strong Buy
CECOCECO Environmental$31.20$34.008.97%Buy
ZWSZurn Elkay Water Solutions$38.98$39.000.05%Buy
FSSFederal Signal$95.70$94.00-1.78%Buy

CECO Forecast FAQ


Is CECO Environmental a good buy?

Yes, according to 3 Wall Street analysts, CECO Environmental (CECO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of CECO's total ratings.

What is CECO's price target?

CECO Environmental (CECO) average price target is $34 with a range of $34 to $34, implying a 14.09% from its last price of $29.8. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will CECO Environmental stock go up soon?

According to Wall Street analysts' prediction for CECO stock, the company can go up by 14.09% (from the last price of $29.8 to the average price target of $34), up by 14.09% based on the highest stock price target, and up by 14.09% based on the lowest stock price target.

Can CECO Environmental stock reach $40?

CECO's average twelve months analyst stock price target of $34 does not support the claim that CECO Environmental can reach $40 in the near future.

What are CECO Environmental's analysts' financial forecasts?

CECO Environmental's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $692.87M (high $715.64M, low $659.96M), average EBITDA is $59.63M (high $61.59M, low $56.8M), average net income is $42.93M (high $45.53M, low $39.47M), average SG&A $165.47M (high $170.91M, low $157.61M), and average EPS is $1.18 (high $1.25, low $1.08). CECO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $765.25M (high $789.25M, low $731.99M), average EBITDA is $65.86M (high $67.92M, low $63M), average net income is $55.28M (high $57.53M, low $52.16M), average SG&A $182.76M (high $188.49M, low $174.81M), and average EPS is $1.51 (high $1.58, low $1.43).

Did the CECO's actual financial results beat the analysts' financial forecasts?

Based on CECO Environmental's last annual report (Dec 2022), the company's revenue was $422.63M, beating the average analysts forecast of $374.87M by 12.74%. Apple's EBITDA was $45.5M, beating the average prediction of $32.57M by 39.69%. The company's net income was $17.42M, beating the average estimation of $14.79M by 17.74%. Apple's SG&A was $93.47M, beating the average forecast of $89.53M by 4.41%. Lastly, the company's EPS was $0.5, beating the average prediction of $0.407 by 22.95%. In terms of the last quarterly report (Mar 2023), CECO Environmental's revenue was $112.56M, beating the average analysts' forecast of $106.53M by 5.67%. The company's EBITDA was $8.26M, missing the average prediction of $9.17M by -9.86%. CECO Environmental's net income was $1.98M, missing the average estimation of $3.79M by -47.88%. The company's SG&A was $27.19M, beating the average forecast of $25.44M by 6.89%. Lastly, the company's EPS was $0.06, missing the average prediction of $0.104 by -42.31%