CECO Environmental Stock Target Price and Analyst Consensus

CECO Stock  USD 31.88  0.56  1.73%   
The current analyst and expert consensus on CECO Environmental is Strong Buy, with 3 strong buy opinions. The current projected CECO Environmental target price consensus is 21.20 with 6 analyst opinions. Check out Macroaxis Advice on CECO Environmental to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way CECO Environmental Corp analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview CECO Environmental executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on CECO Environmental. We strongly encourage you to use your own analysis of CECO Environmental Corp to validate this buy or sell advice. CECO Environmental buy-or-sell recommendation module provides average expert sentiment on the projected CECO Environmental Corp target price to derive its highest and lowest estimates based on projected price volatility of 3.5149.
Lowest Forecast
19.29
Highest Forecast
23.53
Target Price
21.2
At this time, CECO Environmental's Gross Profit is very stable compared to the past year. As of the 28th of November 2024, Pretax Profit Margin is likely to grow to 0.04, while Gross Profit Margin is likely to drop 0.22. At this time, CECO Environmental's Net Debt is very stable compared to the past year. As of the 28th of November 2024, Cash is likely to grow to about 58.2 M, while Retained Earnings are likely to drop (6.7 M).
  
It's important to approach CECO Environmental's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize CECO Environmental price targets

CECO Environmental's stock target price is an estimate of its future price, usually made by analysts. Using CECO Environmental's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at CECO Environmental's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if CECO Environmental's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional CECO Environmental Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of CECO Environmental is a key component of CECO Environmental valuation and have some predictive power on the future returns of a CECO Environmental.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CECO Environmental's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
28.3631.8635.36
Details
Intrinsic
Valuation
LowRealHigh
22.0125.5135.07
Details
Naive
Forecast
LowNextHigh
31.4734.9738.46
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.190.200.21
Details

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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 Macroaxis Advice on CECO Environmental to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
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