CECO Environmental Corp. provides industrial air quality and fluid handling systems for the energy, industrial, and other niche markets worldwide. It operates through three segments: Energy Solutions, Industrial Solutions, and Fluid Handling Solutions. The company engineers, designs, builds, and installs systems that capture, clean, and destroy airborne contaminants from industrial facilities, as well as equipment that control emissions from such facilities; and fluid handling and filtration systems. Its products and services include dampers and diverters, selective catalytic reduction and selective non-catalytic reduction systems, cyclonic technology, thermal oxidizers, filtration systems, scrubbers, and fluid handling equipment, as well as plant engineering services and engineered design build fabrication. The company markets its products and services to natural gas processors, transmission and distribution companies, refineries, power generators, industrial manufacturing, engineering and construction companies, semiconductor manufacturers, compressor manufacturers, metals and minerals, and electric vehicle producer companies. CECO Environmental Corp. was incorporated in 1966 and is headquartered in Dallas, Texas.
IPO Year:
Exchange: NASDAQ
Website: cecoenviro.com
| 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 |
4 - CECO ENVIRONMENTAL CORP (0000003197) (Issuer)
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
HC Wainwright reiterated coverage of CECO Environmental with a rating of Buy and set a new price target of $15.00 from $9.00 previously
HC Wainwright & Co. reiterated coverage of CECO Environmental with a rating of Buy and set a new price target of $15.00 from $9.00 previously
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
4 - CECO ENVIRONMENTAL CORP (0000003197) (Issuer)
4 - CECO ENVIRONMENTAL CORP (0000003197) (Issuer)
4 - CECO ENVIRONMENTAL CORP (0000003197) (Issuer)
4 - CECO ENVIRONMENTAL CORP (0000003197) (Issuer)
4/A - CECO ENVIRONMENTAL CORP (0000003197) (Issuer)
4 - CECO ENVIRONMENTAL CORP (0000003197) (Issuer)
4 - CECO ENVIRONMENTAL CORP (0000003197) (Issuer)
4 - CECO ENVIRONMENTAL CORP (0000003197) (Issuer)
4 - CECO ENVIRONMENTAL CORP (0000003197) (Issuer)
3 - 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)
8-K - CECO ENVIRONMENTAL CORP (0000003197) (Filer)
8-K - CECO ENVIRONMENTAL CORP (0000003197) (Filer)
8-K - CECO ENVIRONMENTAL CORP (0000003197) (Filer)
8-K - CECO ENVIRONMENTAL CORP (0000003197) (Filer)
10-Q - CECO ENVIRONMENTAL CORP (0000003197) (Filer)
8-K - CECO ENVIRONMENTAL CORP (0000003197) (Filer)
8-K - CECO ENVIRONMENTAL CORP (0000003197) (Filer)
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, Oct. 3, 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 it has completed the acquisition of DS21 Co., Ltd. (DS21), a South Korean-based design and manufacturing firm specializing in innovative water and wastewater treatment solutions. The DS21 acquisition is the latest in CECO's programmatic M&A program of the past 12 months, which when combined represent more than $30 million in pro-forma ann
Record Backlog, Strong Revenue and Net Income Growth, and Update to Full Year Outlook DALLAS, Aug. 8, 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 reported its financial results for the second quarter of 2022. Highlights for the Quarter and Recent Corporate Developments* Orders of $113.5 million, up 33 percent; Record Backlog of $289 millionRevenue of $105.4 million, up 34 percentNet income of $4.4 million,
DALLAS, July 25, 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 second quarter 2022 results on Monday, Aug. 8, 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 http://www.cecoenviro.com. Please visit the Investor Relations portion of the website to liste
Deal Adds Energy-Saving Smart Controls, Standard Products and Service Offerings to CECO DALLAS, June 27, 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 it has completed the acquisition of industrial air quality consultancy and engineering firm, Western Air Ducts Ltd. ("Western Air"), and its patented air control system Inteliair®. Effective immediately, both brands will be folded into CECO's industrial air platform.
Broadens Industrial Water Capabilities and Expands CECO's Short-Cycle Mix DALLAS, May 10, 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 it has acquired Compass Water Solutions, Inc. ("Compass") a leading global supplier of membrane-based industrial water and wastewater treatment systems that help customers achieve regulatory compliance of water discharge at the lowest lifecycle cost. The transaction adds to CECO's growing industrial water technologies, which is anchored by its Peerless-Skimovex® brand.
Record Orders, New Share Repurchase Authorization, and Acquisition of Compass Water DALLAS, May 10, 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 reported its financial results for the first quarter of 2022. Highlights for the Quarter and Recent Corporate Developments* Record orders of $160.9 million, up 75 percentRevenue of $92.4 million, up 29 percentNet income of $2.8 million, up 133 percent; Non-GAAP net
DALLAS, April 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 first quarter 2022 results on Tuesday, May 10, 2022 premarket. The Company will host a conference call beginning at 8:30 AM Eastern Time (7:30 AM CT) to discuss the Company's first quarter 2022 financial results. The teleconference will be hosted by Todd Gleason, Chief Executive Officer and Matt Eckl, Chief Financial Officer.
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
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
Confluent Medical Technologies, Inc. ("Confluent") today announced that Matthew K. Eckl has been appointed as Chief Financial Officer ("CFO") for the company, effective October 17, 2022. "We are thrilled to welcome Matt to Confluent," said Dean Schauer, Confluent's Chief Executive Officer. "Matt has exceptional experience in finance and financial operations as well as leadership across a variety of design and manufacturing organizations. As Confluent continues its significant growth, the addition of Matt to our company will further enhance the strength of our industry-leading team." As CFO, Mr. Eckl's responsibilities will span global financial strategy and financial operations and he wil
DALLAS, Oct. 3, 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 it has completed the acquisition of DS21 Co., Ltd. (DS21), a South Korean-based design and manufacturing firm specializing in innovative water and wastewater treatment solutions. The DS21 acquisition is the latest in CECO's programmatic M&A program of the past 12 months, which when combined represent more than $30 million in pro-forma ann
DALLAS, Sept. 6, 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 that Todd Gleason, Chief Executive Officer, will present at the H.C. Wainwright 24th Annual Global Investment Conference on Sep. 13 in New York. Management will also host one-on-one investor meetings throughout the day. Additionally, management will present and host one-on-one meetings at the Lake Street 6th Annual Best IDEAS Growth Big 6 Confere
Record Backlog, Strong Revenue and Net Income Growth, and Update to Full Year Outlook DALLAS, Aug. 8, 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 reported its financial results for the second quarter of 2022. Highlights for the Quarter and Recent Corporate Developments* Orders of $113.5 million, up 33 percent; Record Backlog of $289 millionRevenue of $105.4 million, up 34 percentNet income of $4.4 million,
DALLAS, Aug. 8, 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 Matthew Eckl, Chief Financial Officer, and Pamela Turay, Senior Vice President – Human Resources will be leaving the company in August to pursue other opportunities. Eckl had been with the company since 2017 and Turay since 2018. Effective Aug. 15, 2022, Peter Johansson will join CECO as Chief Financial and Strategy Officer. CECO's curren
DALLAS, Aug. 3, 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 that Todd Gleason, Chief Executive Officer, will present at the Jefferies Industrials Conference on Aug. 10 in New York. Management will also host one-on-one investor meetings throughout the day. Additionally, management will present and host one-on-one meetings at the Midwest IDEAS Conference on Aug. 24 in Chicago. The presentation can be accessed
SC 13G/A - CECO ENVIRONMENTAL CORP (0000003197) (Subject)
SC 13G/A - CECO ENVIRONMENTAL CORP (0000003197) (Subject)
SC 13G/A - CECO ENVIRONMENTAL CORP (0000003197) (Subject)
SC 13D/A - CECO ENVIRONMENTAL CORP (0000003197) (Subject)
SC 13D/A - CECO ENVIRONMENTAL CORP (0000003197) (Subject)
SC 13G/A - CECO ENVIRONMENTAL CORP (0000003197) (Subject)
SC 13G/A - CECO ENVIRONMENTAL CORP (0000003197) (Subject)
SC 13G/A - CECO ENVIRONMENTAL CORP (0000003197) (Subject)
SC 13G/A - CECO ENVIRONMENTAL CORP (0000003197) (Subject)
SC 13G - CECO ENVIRONMENTAL CORP (0000003197) (Subject)
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.
Companies Reporting Before The Bell • NAPCO Security Techs (NASDAQ:NSSC) is expected to report quarterly earnings at $0.13 per share on revenue of $36.34 million. • Eagle Pharmaceuticals (NASDAQ:EGRX) is estimated to report quarterly earnings at $0.91 per share on revenue of $62.08 million. • Ballard Power Systems (NASDAQ:BLDP) is likely to report quarterly loss at $0.06 per share on revenue of $26.46 million. • NiSource (NYSE:NI) is expected to report quarterly earnings at $0.11 per share on revenue of $1.03 billion. • SemiLEDs (NASDAQ:LEDS) is expected to report earnings for its fourth quarter. • Concert Pharma (NASDAQ:CNCE) is likely to report earnings for its third quarter. • NRG
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 celebrate 25 years on Nasdaq." No action is required from CECO shareholders relative to the ticker symbol change. CECO's ordinary shares will continue to be listed on Nasdaq and the CUSIP
Upgrades Guggenheim upgraded the previous rating for Teladoc Health Inc (NYSE:TDOC) from Sell to Neutral. Teladoc Health earned $0.44 in the second quarter, compared to $0.86 in the year-ago quarter. The stock has a 52-week-high of $95.71 and a 52-week-low of $23.08. At the end of the last trading period, Teladoc Health closed at $24.03. Guggenheim upgraded the previous rating for ServiceNow Inc (NYSE:NOW) from Neutral to Buy. In the second quarter, ServiceNow showed an EPS of $1.62, compared to $1.42 from the year-ago quarter. At the moment, the stock has a 52-week-high of $651.41 and a 52-week-low of $337.00. ServiceNow closed at $360.67 at the end of the last trading period. Accordi
Craig-Hallum analyst Aaron Spychalla initiates coverage on CECO Environmental (NASDAQ:CECE) with a Buy rating and announces Price Target of $17.
U.S. stocks traded mixed this morning, with the Dow Jones gaining more than 100 points on Monday. Following the market opening Monday, the Dow traded up 0.40% to 29,412.57 while the NASDAQ fell 0.40% to 10,609.77. The S&P 500 also rose, gaining, 0.03% to 3,640.58. Also check this: Market Volatility Increases Following Release Of US Jobs Report Leading and Lagging Sectors Industrials shares jumped by 1.2% on Monday. Leading the sector was strength from NeoVolta Inc. (NASDAQ:NEOV) and CECO Environmental Corp. (NASDAQ:CECE). In trading on Monday, information technology shares fell by 1%. Top Headline The FDA has approved scPharmaceuticals Inc's (NASDAQ:SCPH) Furoscix (furosemid
According to Benzinga Pro, during Q2, CECO Environmental (NASDAQ:CECE) earned $4.72 million, a 68.11% increase from the preceding quarter. CECO Environmental also posted a total of $105.38 million in sales, a 14.0% increase since Q1. In Q1, CECO Environmental earned $2.81 million, whereas sales reached $92.44 million. What Is Return On Invested Capital? Return on Invested Capital is a measure of yearly pre-tax profit relative to capital invested by a business. Changes in earnings and sales indicate shifts in a company's ROIC. A higher ROIC is generally representative of successful growth of a company and is a sign of higher earnings per share in the future. A low or negative ROIC suggests