Press coverage about CECO Environmental (NASDAQ:CECE) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CECO Environmental earned a news sentiment score of 0.05 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 46.4431236073223 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- CECO Environmental (CECE) Reports Sale of Strobic to Cincinnati Fan & Ventilator Co. (streetinsider.com)
- CECO Environmental Announces the Sale of Strobic (finance.yahoo.com)
- Financial Comparison: Clean Diesel Technologies (CDTI) & CECO Environmental (CECE) (americanbankingnews.com)
- CECO Environmental (CECE) Earns Neutral Rating from Roth Capital (americanbankingnews.com)
- CECO Environmental (CECE) Downgraded by Needham & Company LLC to Buy (americanbankingnews.com)
Several equities analysts have issued reports on the stock. Zacks Investment Research downgraded shares of CECO Environmental from a “hold” rating to a “strong sell” rating in a report on Monday, March 12th. ValuEngine cut shares of CECO Environmental from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $7.00 target price on shares of CECO Environmental in a research report on Friday, March 9th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $7.00.
CECO Environmental (NASDAQ:CECE) last issued its earnings results on Thursday, March 8th. The industrial products company reported ($0.05) EPS for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.10). The business had revenue of $73.54 million during the quarter, compared to analyst estimates of $80.00 million. CECO Environmental had a negative net margin of 0.88% and a positive return on equity of 4.81%. equities research analysts predict that CECO Environmental will post 0.39 EPS for the current fiscal year.
CECO Environmental Company Profile
CECO Environmental Corp. provides critical solutions to the environmental, energy, and fluid handling and filtration industries worldwide. The company operates through three segments: Energy, Environmental, and Fluid Handling and Filtration. The Energy segment offers gas turbine exhaust systems, dampers and diverters, gas and liquid separation and filtration equipment, selective catalytic reduction and selective non-catalytic reduction systems, acoustical components and silencers, secondary separators, and expansion joints for the power and petrochemical industries.
Receive News & Ratings for CECO Environmental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CECO Environmental and related companies with MarketBeat.com's FREE daily email newsletter.