Needham reiterated coverage on CECO Environmental with a new price target
$CECE
Pollution Control Equipment
Industrials
Needham reiterated coverage of CECO Environmental with a rating of Buy and set a new price target of $9.00 from $10.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/24/2022 | $17.00 | Buy | Craig Hallum |
| 4/29/2022 | $14.00 | Buy | Lake Street |
| 11/9/2021 | $10.00 → $9.00 | Buy | Needham |
DALLAS, Jan. 10, 2023 /PRNewswire/ -- CECO Environmental Corp. (NASDAQ:CECO) ("CECO"), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and industrial equipment, today announced it has completed the acquisition of Wakefield Acoustics, Ltd. ("Wakefield"), a UK-based design and manufacturing firm specializing in advanced industrial, commercial and environmental noise control systems. The addition of Wakefield to CECO's Thermal Acoustics business platform advances CECO's leadership position within the industrial si
Increase of 60 Percent Compared to Prior Year Period and up 42 Percent Sequentially DALLAS, Jan. 10, 2023 /PRNewswire/ -- CECO Environmental Corp. (NASDAQ:CECO) ("CECO"), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and industrial equipment, today announced it expects orders for the fourth quarter of 2022 to exceed $145 million, an increase of at least $55 million, or 60 percent, over the prior-year quarter and $43 million, or 42 percent, on a sequential basis, providing CECO with year-end backlog at or near record levels.
Company Celebrates 25 Years on Nasdaq DALLAS, Nov. 4, 2022 /PRNewswire/ -- CECO Environmental Corp. (NASDAQ:CECE) ("CECO"), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and industrial equipment, today announced its ticker symbol on the Nasdaq stock market will change from "CECE" to "CECO" at the open of market trading on Monday, Nov. 7, 2022. Todd Gleason, CECO's CEO commented, "Once the ticker symbol 'CECO' became available it was an obvious move for our company and shareholders. This is the perfect way to
Craig Hallum initiated coverage of CECO Environ. with a rating of Buy and set a new price target of $17.00
Lake Street initiated coverage of CECO Environ. with a rating of Buy and set a new price target of $14.00
Needham reiterated coverage of CECO Environmental with a rating of Buy and set a new price target of $9.00 from $10.00 previously
4 - CECO ENVIRONMENTAL CORP (0000003197) (Issuer)
4 - CECO ENVIRONMENTAL CORP (0000003197) (Issuer)
4 - CECO ENVIRONMENTAL CORP (0000003197) (Issuer)
4 - CECO ENVIRONMENTAL CORP (0000003197) (Issuer)
10-Q - CECO ENVIRONMENTAL CORP (0000003197) (Filer)
8-K - CECO ENVIRONMENTAL CORP (0000003197) (Filer)
8-K - CECO ENVIRONMENTAL CORP (0000003197) (Filer)
SC 13G/A - CECO ENVIRONMENTAL CORP (0000003197) (Subject)
SC 13G/A - CECO ENVIRONMENTAL CORP (0000003197) (Subject)
SC 13G/A - CECO ENVIRONMENTAL CORP (0000003197) (Subject)
DALLAS, Jan. 10, 2023 /PRNewswire/ -- CECO Environmental Corp. (NASDAQ:CECO) ("CECO"), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and industrial equipment, today announced it has completed the acquisition of Wakefield Acoustics, Ltd. ("Wakefield"), a UK-based design and manufacturing firm specializing in advanced industrial, commercial and environmental noise control systems. The addition of Wakefield to CECO's Thermal Acoustics business platform advances CECO's leadership position within the industrial si
Increase of 60 Percent Compared to Prior Year Period and up 42 Percent Sequentially DALLAS, Jan. 10, 2023 /PRNewswire/ -- CECO Environmental Corp. (NASDAQ:CECO) ("CECO"), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and industrial equipment, today announced it expects orders for the fourth quarter of 2022 to exceed $145 million, an increase of at least $55 million, or 60 percent, over the prior-year quarter and $43 million, or 42 percent, on a sequential basis, providing CECO with year-end backlog at or near record levels.
DALLAS, Oct. 26, 2022 /PRNewswire/ -- CECO Environmental Corp. (NASDAQ:CECE), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, today announced it will report its third quarter 2022 financial results on Monday, Nov. 7, 2022, premarket. The Company will also host an earnings conference call starting at 8:30 a.m. Eastern Time (7:30 a.m. CT). The Company's financial results will be posted on its website at www.cecoenviro.com. Please visit the Investor Relations portion of the website to lis
DALLAS, July 11, 2022 /PRNewswire/ -- CECO Environmental Corp. (NASDAQ:CECE), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and industrial equipment, today announced Robert E. Knowling, Jr. has joined its board of directors. In addition, the company announced board members Jonathan Pollack and Eric Goldberg retired from the board prior to the June 2022 shareholder meeting. Knowling brings more than 30 years of experience in the telecommunications, technology and industrial sectors. He currently is chairman of
DALLAS, Nov. 8, 2021 /PRNewswire/ -- CECO Environmental Corp. (NASDAQ:CECE), a leading global air quality and fluid handling company serving the energy, industrial and other niche markets, today announced Richard F. Wallman, former Chief Financial Officer of Honeywell, has joined the company's board of directors. Wallman has a 30-year career in financial executive management with a variety of firms, including Honeywell, its predecessor AlliedSignal, IBM and Chrysler. He also brings a diverse portfolio of board experience, currently serving as a director for Roper Technologies
DALLAS, April 6, 2021 /PRNewswire/ -- CECO Environmental Corp. ("CECO," "CECO Environmental," the "Company") (NASDAQ: CECE), a global leader in providing environmental and equipment solutions to a variety of end markets, is pleased to announce that Ramesh Nuggihalli has been appointed Chief Operating Officer (COO) of the Company, effective immediately. Mr. Nuggihalli will report to Todd Gleason, the Company's Chief Executive Officer. Mr. Nuggihalli brings extensive experience in operational and general management across several industries, with expertise in driving profitable growth in industrial businesses and international operations. Mr. Nuggihalli most recently worked in private ente
CECO Environmental (NASDAQ:CECE) reported quarterly earnings of $0.20 per share which beat the analyst consensus estimate of $0.11 by 81.82 percent. This is a 1900 percent increase over earnings of $0.01 per share from the same period last year. The company reported quarterly sales of $108.40 million which beat the analyst consensus estimate of $95.23 million by 13.83 percent. This is a 35.54 percent increase over sales of $79.98 million the same period last year.
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