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CECO Environmental Corp.

CECO

Last
$65.82
Day
+0.4%
1y
+31.1%
5y
+791.8%
52w
-35.3%
SPY YTD
+13.3%
XLI
+6.6%
Earnings
2026-10-2716d
EMA 21
71.52
EMA 50
73.18
EMA 200
69.81
20d high
-14.4%
5y high
-35.3%
5y range
63th
Website · 1,540 employees · United States

Positions held

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Score
-23
Hold
avoid
Signal
Strong Sell
Target
$72.67
Stop
$59.61
Stop distance
9.4%
Target vs last
+10.4%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • CECO Environmental Corp. operates in the pollution and treatment controls industry, which is increasingly vital as global regulations on emissions tighten, creating a favorable environment for growth.
  • Revenue increased by 38% compared to the prior quarter, reaching $285 million.
  • The gross margin stood at 30.3%, slightly down from 31% in the previous quarter.
Bear case
  • Despite revenue growth, CECO has a negative profit margin of -3.39%, indicating challenges in profitability.
  • The company reported a net income loss of $34.768 million in the latest quarter.
  • The forward P/E ratio is 23.94, suggesting that the stock may be overvalued relative to its earnings potential.

Fundamentals

Market cap$3.84BEnterprise value$4.56BTrailing P/E—Forward P/E20.80
PEG1.88Price / book1.85Beta1.50Dividend yield0.00%
Revenue growth53.7%Earnings growth—Gross margin32.1%Operating margin4.9%
Profit margin-3.4%ROE-2.4%ROA1.5%Debt / equity0.37
Current ratio1.50Free cash flow-$162.92MAnalyst recommendationnoneMean target$111.86
52w high$101.2452w low$42.82

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$285M$206M$215M$198M$185M
Op margin4.3%5.9%8.2%5.3%9.8%
Net income-$34.8M-$0.4M$3.1M$1.5M$9.5M
Gross margin30.3%31.0%35.1%32.7%36.2%
Gross profit$86.5M$63.9M$75.4M$64.6M$67.1M
Operating income$12.3M$12.2M$17.7M$10.5M$18.1M
  • Revenue +38% vs prior quarter ($285M vs $206M).
  • Gross margin 30.3% (was 31% prior quarter).

Yearly (6y)

20252024202320222021
Revenue$774M$558M$545M$423M—
Op margin6.7%7.1%6.8%6.6%—
Net income$50.1M$13.0M$12.9M$17.4M—
Gross margin34.8%35.2%31.4%30.3%—
Gross profit$269M$196M$171M$128M—
Operating income$51.7M$39.6M$37.1M$27.9M—
Headline scan

Headlines — positive tone

• [OK · fundamentals] CECO Environmental (CECO) Raises Guidance After Thermon Deal — Can the Momentum Last?

News

CECO · daily-11.1% over 13 sessions
Close EMA21 EMA50 EMA200
63.7367.0970.4473.8077.162026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$35M$45M$125M$205M$285M0%18%36%2025-Q22025-Q32025-Q42026-Q12026-Q2