Ceco Environmental Corp Stock Analysis

CECO Stock  USD 31.88  0.56  1.73%   
CECO Environmental Corp is overvalued with Real Value of 25.51 and Target Price of 21.2. The main objective of CECO Environmental stock analysis is to determine its intrinsic value, which is an estimate of what CECO Environmental Corp is worth, separate from its market price. There are two main types of CECO Environmental's stock analysis: fundamental analysis and technical analysis.
The CECO Environmental stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. CECO Environmental is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. CECO Stock trading window is adjusted to America/New York timezone.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CECO Environmental Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

CECO Stock Analysis Notes

About 17.0% of the company shares are held by company insiders. The book value of CECO Environmental was currently reported as 6.9. The company has Price/Earnings To Growth (PEG) ratio of 1.78. CECO Environmental Corp last dividend was issued on the 14th of September 2017. The entity had 1:5 split on the 29th of September 1992. Perdoceo Education Corporation operates colleges, institutions, and universities that provide education to student population in various career-oriented disciplines through online, campus based, and blended learning programs in the United States. Perdoceo Education Corporation was founded in 1994 and is headquartered in Schaumburg, Illinois. Career Education operates under Education Training Services classification in USA and is traded on NASDAQ. It employs 2321 people. For more info on CECO Environmental Corp please contact Todd Gleason at 214 357 6181 or go to https://www.cecoenviro.com.

CECO Environmental Corp Investment Alerts

CECO Environmental had very high historical volatility over the last 90 days
CECO Environmental has a strong financial position based on the latest SEC filings
Over 83.0% of the company shares are held by institutions such as insurance companies
Latest headline from gurufocus.com: CECO Environmental Corp Shares Gap Down to 31.42 on Nov 27

CECO Environmental Corp Upcoming and Recent Events

Earnings reports are used by CECO Environmental to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
4th of March 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
4th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

CECO Largest EPS Surprises

Earnings surprises can significantly impact CECO Environmental's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2023-05-09
2023-03-310.090.10.0111 
2018-11-07
2018-09-300.090.10.0111 
2022-03-14
2021-12-310.080.10.0225 
View All Earnings Estimates

CECO Environmental Environmental, Social, and Governance (ESG) Scores

CECO Environmental's ESG score is a quantitative measure that evaluates CECO Environmental's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of CECO Environmental's operations that may have significant financial implications and affect CECO Environmental's stock price as well as guide investors towards more socially responsible investments.

CECO Environmental Thematic Classifications

In addition to having CECO Environmental stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Heavy Metals Idea
Heavy Metals
Industrial metals and minerals
Iron Idea
Iron
Steel and Iron production
Farming Idea
Farming
Farming products and equipment
Aluminum Idea
Aluminum
Aluminum production
Recycling Idea
Recycling
Waste management, pollution control, and recycling
Momentum Idea
Momentum
Macroaxis long run momentum stocks

CECO Stock Institutional Investors

Shares
Hhg Plc2024-06-30
650.2 K
Morgan Stanley - Brokerage Accounts2024-06-30
642.2 K
Arnhold & S. Bleichroeder Advisers, Llc2024-09-30
594.2 K
Driehaus Capital Management Llc2024-06-30
586.2 K
Sam Sustainable Asset Management Ltd2024-09-30
565.3 K
Wellington Management Company Llp2024-06-30
505.5 K
Arrowstreet Capital Limited Partnership2024-06-30
442 K
Nuveen Asset Management, Llc2024-06-30
434.6 K
Goldman Sachs Group Inc2024-06-30
419 K
Blackrock Inc2024-06-30
2.3 M
Dimensional Fund Advisors, Inc.2024-09-30
1.8 M
Note, although CECO Environmental's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

CECO Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.12 B.

CECO Profitablity

The company has Profit Margin (PM) of 0.02 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.06 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.06.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.04  0.04 
Return On Capital Employed 0.09  0.05 
Return On Assets 0.02  0.02 
Return On Equity 0.06  0.06 

Management Efficiency

CECO Environmental Corp has return on total asset (ROA) of 0.0424 % which means that it generated a profit of $0.0424 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0584 %, meaning that it created $0.0584 on every $100 dollars invested by stockholders. CECO Environmental's management efficiency ratios could be used to measure how well CECO Environmental manages its routine affairs as well as how well it operates its assets and liabilities. At this time, CECO Environmental's Return On Tangible Assets are very stable compared to the past year. As of the 28th of November 2024, Return On Assets is likely to grow to 0.02, while Return On Capital Employed is likely to drop 0.05. At this time, CECO Environmental's Debt To Assets are very stable compared to the past year. As of the 28th of November 2024, Return On Assets is likely to grow to 0.02, though Other Assets are likely to grow to (12.2 M).
Last ReportedProjected for Next Year
Book Value Per Share 6.85  7.19 
Tangible Book Value Per Share(0.98)(0.93)
Enterprise Value Over EBITDA 16.94  29.56 
Price Book Value Ratio 3.02  2.87 
Enterprise Value Multiple 16.94  29.56 
Price Fair Value 3.02  2.87 
Enterprise Value803.7 M843.9 M
CECO Environmental showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Operating Margin
0.0615
Profit Margin
0.0216
Beta
1.349
Return On Assets
0.0424
Return On Equity
0.0584

Technical Drivers

As of the 28th of November, CECO Environmental owns the market risk adjusted performance of 0.1166, and Coefficient Of Variation of 1374.99. CECO Environmental Corp technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices.

CECO Environmental Corp Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. CECO Environmental middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for CECO Environmental Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

CECO Environmental Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific CECO Environmental insiders, such as employees or executives, is commonly permitted as long as it does not rely on CECO Environmental's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases CECO Environmental insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Knowling Robert E Jr six days ago
Acquisition by Knowling Robert E Jr of 5712 shares of CECO Environmental subject to Rule 16b-3
 
Liner David B over a month ago
Acquisition by Liner David B of 10500 shares of CECO Environmental at 9.5 subject to Rule 16b-3
 
Wallman Richard F over a month ago
Acquisition by Wallman Richard F of 12000 shares of CECO Environmental at 13.76 subject to Rule 16b-3
 
Wallman Richard F over two months ago
Acquisition by Wallman Richard F of 10000 shares of CECO Environmental at 28.7722 subject to Rule 16b-3
 
Wallman Richard F over three months ago
Acquisition by Wallman Richard F of 4000 shares of CECO Environmental at 24.5 subject to Rule 16b-3
 
Wallman Richard F over three months ago
Acquisition by Wallman Richard F of 1462 shares of CECO Environmental subject to Rule 16b-3
 
Wallman Richard F over three months ago
Acquisition by Wallman Richard F of 798 shares of CECO Environmental subject to Rule 16b-3
 
Wallman Richard F over six months ago
Acquisition by Wallman Richard F of 9466 shares of CECO Environmental subject to Rule 16b-3
 
Pollack Jonathan over six months ago
Acquisition by Pollack Jonathan of 7630 shares of CECO Environmental at 6.879 subject to Rule 16b-3
 
Wallman Richard F over six months ago
Acquisition by Wallman Richard F of 1000 shares of CECO Environmental subject to Rule 16b-3
 
Kiril Kovachev over six months ago
Acquisition by Kiril Kovachev of 4691 shares of CECO Environmental subject to Rule 16b-3
 
Kiril Kovachev over six months ago
Acquisition by Kiril Kovachev of 4691 shares of CECO Environmental subject to Rule 16b-3

CECO Environmental Predictive Daily Indicators

CECO Environmental intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of CECO Environmental stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

CECO Environmental Corporate Filings

13A
13th of November 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
13A
31st of October 2024
An amended filing to the original Schedule 13G
ViewVerify
8K
29th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
11th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
3rd of September 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
30th of July 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

CECO Environmental Forecast Models

CECO Environmental's time-series forecasting models are one of many CECO Environmental's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary CECO Environmental's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About CECO Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how CECO Environmental prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling CECO shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as CECO Environmental. By using and applying CECO Stock analysis, traders can create a robust methodology for identifying CECO entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.04  0.04 
Operating Profit Margin 0.06  0.07 
Net Profit Margin 0.02  0.02 
Gross Profit Margin 0.31  0.22 

Current CECO Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. CECO analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. CECO analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
21.2Strong Buy6Odds
CECO Environmental Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most CECO analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand CECO stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of CECO Environmental Corp, talking to its executives and customers, or listening to CECO conference calls.
CECO Analyst Advice Details

CECO Stock Analysis Indicators

CECO Environmental Corp stock analysis indicators help investors evaluate how CECO Environmental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading CECO Environmental shares will generate the highest return on investment. By understating and applying CECO Environmental stock analysis, traders can identify CECO Environmental position entry and exit signals to maximize returns.
Begin Period Cash Flow46.6 M
Long Term Debt126.8 M
Common Stock Shares Outstanding35.3 M
Total Stockholder Equity232.6 M
Tax ProvisionM
Quarterly Earnings Growth Y O Y-0.337
Property Plant And Equipment Net42.5 M
Cash And Short Term Investments54.8 M
Cash54.8 M
Accounts Payable87.7 M
Net Debt100.7 M
50 Day M A27.0968
Total Current Liabilities203.1 M
Other Operating Expenses510.3 M
Non Current Assets Total331.7 M
Forward Price Earnings26.6667
Non Currrent Assets Other17.8 M
Stock Based Compensation4.5 M
When determining whether CECO Environmental Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CECO Environmental's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ceco Environmental Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ceco Environmental Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CECO Environmental Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CECO Environmental. If investors know CECO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CECO Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Earnings Share
0.33
Revenue Per Share
15.853
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0424
The market value of CECO Environmental Corp is measured differently than its book value, which is the value of CECO that is recorded on the company's balance sheet. Investors also form their own opinion of CECO Environmental's value that differs from its market value or its book value, called intrinsic value, which is CECO Environmental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CECO Environmental's market value can be influenced by many factors that don't directly affect CECO Environmental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CECO Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if CECO Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CECO Environmental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.