What is Northland Securities’ Estimate for CECO Q3 Earnings?

CECO Environmental Corp. (NASDAQ:CECO) – Equities research analysts at Northland Securities cut their Q3 2026 EPS estimates for shares of CECO Environmental in a research report issued to clients and investors on Thursday, August 13th. Northland Securities analyst B. Brooks now expects that the company will post earnings of $0.51 per share for the quarter, down from their previous estimate of $0.62. The consensus estimate for CECO Environmental’s current full-year earnings is $2.35 per share. Northland Securities also issued estimates for CECO Environmental’s Q2 2027 earnings at $0.72 EPS, Q4 2027 earnings at $0.90 EPS and FY2027 earnings at $2.96 EPS.

CECO has been the topic of a number of other research reports. JPMorgan Chase & Co. assumed coverage on shares of CECO Environmental in a research report on Thursday, July 9th. They set an “overweight” rating and a $130.00 target price on the stock. Zacks Research downgraded CECO Environmental from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. Craig Hallum reissued a “buy” rating and set a $103.00 price target on shares of CECO Environmental in a research note on Tuesday, April 28th. Roth Capital restated a “buy” rating and set a $85.00 price objective on shares of CECO Environmental in a report on Wednesday, April 29th. Finally, Weiss Ratings downgraded CECO Environmental from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, August 12th. Eight equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, CECO Environmental has an average rating of “Moderate Buy” and a consensus target price of $104.88.

CECO Environmental Stock Performance

NASDAQ:CECO opened at $84.15 on Monday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 1.18. The firm has a market cap of $3.02 billion, a PE ratio of -121.96 and a beta of 1.51. The firm has a 50 day simple moving average of $82.41 and a 200-day simple moving average of $73.93. CECO Environmental has a 1-year low of $42.78 and a 1-year high of $101.24.

CECO Environmental (NASDAQ:CECO) last released its earnings results on Monday, August 10th. The company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.21. The company had revenue of $284.96 million for the quarter, compared to analyst estimates of $282.21 million. CECO Environmental had a negative net margin of 3.39% and a positive return on equity of 7.36%. The firm’s quarterly revenue was up 53.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.26 EPS.

Institutional Trading of CECO Environmental

Several institutional investors have recently made changes to their positions in CECO. Caitong International Asset Management Co. Ltd acquired a new stake in shares of CECO Environmental during the 3rd quarter worth $25,000. Morton Brown Family Wealth LLC acquired a new position in CECO Environmental in the first quarter valued at $29,000. Allworth Financial LP acquired a new position in CECO Environmental in the second quarter valued at $29,000. Advisory Services Network LLC purchased a new stake in CECO Environmental during the third quarter valued at about $31,000. Finally, GAMMA Investing LLC grew its position in CECO Environmental by 71.6% during the second quarter. GAMMA Investing LLC now owns 369 shares of the company’s stock valued at $33,000 after acquiring an additional 154 shares during the period. 68.08% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Jason Dezwirek sold 34,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $96.61, for a total transaction of $3,284,740.00. Following the completion of the transaction, the director owned 166,000 shares of the company’s stock, valued at approximately $16,037,260. This represents a 17.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Richard F. Wallman purchased 20,000 shares of the business’s stock in a transaction on Monday, June 1st. The shares were bought at an average cost of $76.85 per share, for a total transaction of $1,537,000.00. Following the purchase, the director owned 105,500 shares of the company’s stock, valued at $8,107,675. This trade represents a 23.39% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 16.90% of the company’s stock.

CECO Environmental Company Profile

CECO Environmental Corp. (NASDAQ: CECO) is a global technology provider specializing in engineered solutions that help industrial and commercial customers manage air emissions, process fluids and optimize energy use. The company develops custom-engineered systems and modular packages designed to meet evolving environmental regulations and improve operational efficiency across diverse production processes.

CECO’s core offerings include air pollution control equipment—such as scrubbers, cyclones, fabric and cartridge filters—and industrial process filtration systems for applications ranging from particulate removal to oil-water separation.