Media stories about CECO Environmental (NASDAQ:CECE) have trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CECO Environmental earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 46.8338575601384 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s rankings:
- Analyzing CECO Environmental (CECE) & Its Rivals (americanbankingnews.com)
- CECO Environmental Corp. (CECE) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- Edited Transcript of CECE earnings conference call or presentation 8-Mar-18 1:30pm GMT (finance.yahoo.com)
- Contrasting CECO Environmental (CECE) and Its Competitors (americanbankingnews.com)
- CECO Environmental (CECE) Presents At 30th Annual ROTH Conference – Slideshow (seekingalpha.com)
A number of research firms have weighed in on CECE. TheStreet lowered shares of CECO Environmental from a “c-” rating to a “d+” rating in a report on Monday, November 27th. Zacks Investment Research raised shares of CECO Environmental from a “sell” rating to a “hold” rating in a report on Tuesday, January 9th. ValuEngine lowered shares of CECO Environmental from a “buy” rating to a “hold” rating in a report on Saturday, March 10th. Finally, Needham & Company LLC restated a “buy” rating and issued a $7.00 price target on shares of CECO Environmental in a research report on Friday, March 9th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $7.00.
CECO Environmental (NASDAQ:CECE) last issued its quarterly earnings results on Thursday, March 8th. The industrial products company reported ($0.05) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.10). CECO Environmental had a positive return on equity of 4.81% and a negative net margin of 0.88%. The firm had revenue of $73.54 million during the quarter, compared to analyst estimates of $80.00 million. equities research analysts forecast that CECO Environmental will post 0.39 earnings per share for the current fiscal year.
About CECO Environmental
CECO Environmental Corp. is a provider of engineered technologies to the environmental, energy, and fluid handling and filtration industrial segments. The Company is focused on engineering, designing, building and installing systems that capture, clean and destroy airborne contaminants from industrial facilities, as well as equipment that controls emissions from such facilities, and fluid handling and filtration systems.
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