CECE - CECO Environmental Corp Stock Price, Fair Value and News

24.43USD-0.49 (-1.97%)Market Closed

Market Summary

USD24.43-0.49

Market Closed

-1.97%

CECE Stock Price

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CECE RSI Chart

CECE Valuation

Market Cap

853.5M

Price/Earnings (Trailing)

67.88

Price/Sales (Trailing)

1.53

EV/EBITDA

18.88

Price/Free Cashflow

17.45

CECE Price/Sales (Trailing)

CECE Profitability

EBT Margin

3.90%

Return on Equity

5.43%

Return on Assets

2.13%

Free Cashflow Yield

5.73%

CECE Fundamentals

CECE Revenue

Revenue (TTM)

558.6M

Rev. Growth (Yr)

12.23%

Rev. Growth (Qtr)

-17.81%

CECE Earnings

Earnings (TTM)

12.6M

Earnings Growth (Yr)

-23.76%

Earnings Growth (Qtr)

-59.74%

Breaking Down CECE Revenue

Last 7 days

3.9%

Last 30 days

6.2%

Last 90 days

26.5%

Trailing 12 Months

80.2%

How does CECE drawdown profile look like?

CECE Financial Health

Current Ratio

1.38

Debt/Equity

0.54

Debt/Cashflow

0.46

CECE Investor Care

Shares Dilution (1Y)

1.00%

Diluted EPS (TTM)

0.35

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	558.6M	0	0	0
2023	442.8M	466.6M	507.5M	544.8M
2022	344.7M	371.4M	399.8M	422.6M
2021	307.4M	310.9M	313.5M	324.1M
2020	336.3M	330.3M	322.5M	316.0M
2019	349.2M	349.3M	346.3M	341.9M
2018	326.5M	313.8M	317.0M	337.3M
2017	406.5M	388.1M	371.5M	345.1M
2016	389.6M	414.9M	418.3M	417.0M
2015	287.0M	307.4M	342.3M	367.4M
2014	263.2M	263.2M	263.2M	263.2M
2013	159.2M	191.2M	221.4M	263.2M
2012	136.3M	138.3M	138.5M	135.1M
2011	140.2M	139.9M	139.5M	139.2M
2010	0	0	0	140.6M

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of CECO Environmental Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Sep 21, 2022	liner david b	bought	99,750	9.5	10,500	-
Sep 20, 2022	liner david b	bought	42,300	9.4	4,500	-
Aug 24, 2022	nuggihalli ramesh	bought	3,099	10.33	300	chief operating officer
Aug 15, 2022	gohr paul m	acquired	-	-	4,936	chief accounting officer
Aug 15, 2022	watkins-asiyanbi joycelynn	acquired	-	-	7,404	see remarks
Aug 15, 2022	johansson peter k.	acquired	-	-	29,616	see remarks
Aug 09, 2022	wallman richard f	bought	179,400	8.97	20,000	-
Jul 11, 2022	knowling robert e jr	acquired	-	-	10,862	-
Jun 27, 2022	watkins-asiyanbi joycelynn	acquired	-	-	21,208	general counsel and secretary
Jun 08, 2022	sachs valerie gentile	acquired	-	-	11,941	-

Which funds bought or sold CECE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	WELLS FARGO & COMPANY/MN	reduced	-23.19	-525,367	3,576,540	-%
May 10, 2024	Covestor Ltd	added	-	-	-	-%
May 10, 2024	BlackRock Inc.	added	0.66	7,459,230	59,767,300	-%
May 10, 2024	VANGUARD GROUP INC	added	1.65	4,685,510	35,137,600	-%
May 10, 2024	Tieton Capital Management, LLC	reduced	-21.12	-600,000	5,128,000	2.69%
May 10, 2024	CITIGROUP INC	added	31.77	42,497	128,221	-%
May 10, 2024	OSAIC HOLDINGS, INC.	added	319	248,426	314,497	-%
May 10, 2024	DIMENSIONAL FUND ADVISORS LP	reduced	-3.67	4,411,490	51,601,900	0.01%
May 10, 2024	JPMORGAN CHASE & CO	added	124	1,718,650	2,830,220	-%
May 10, 2024	AJOVista, LLC	sold off	-100	-56,987	-	-%

Are Funds Buying or Selling CECE?

Are funds buying CECE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CECE

No. of Funds

Unveiling CECO Environmental Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2024	dimensional fund advisors lp	6.7%	2,326,912	SC 13G/A
Jan 26, 2024	blackrock inc.	7.4%	2,579,295	SC 13G
Feb 10, 2023	dimensional fund advisors lp	6.9%	2,358,534	SC 13G/A
Feb 10, 2023	trigran investments, inc.	1.7%	572,779	SC 13G/A
Feb 08, 2023	american century investment management inc	3.81%	1,306,908	SC 13G/A
Jan 26, 2023	trigran investments, inc.	8.9%	3,045,064	SC 13G/A
Jan 06, 2023	king luther capital management corp	4.7%	1,620,925	SC 13D/A
Aug 17, 2022	king luther capital management corp	5.5%	1,890,935	SC 13D/A
Jul 08, 2022	blackrock inc.	2.6%	909,320	SC 13G
Feb 10, 2022	trigran investments, inc.	12.4%	4,452,609	SC 13G/A

Recent SEC filings of CECO Environmental Corp

View All Filings

Date Filed	Form Type	Document
May 02, 2024	4	Insider Trading
Apr 30, 2024	10-Q	Quarterly Report
Apr 30, 2024	8-K	Current Report
Apr 10, 2024	ARS	ARS
Apr 10, 2024	DEF 14A	DEF 14A
Apr 10, 2024	DEFA14A	DEFA14A
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Mar 22, 2024	PRE 14A	PRE 14A
Mar 19, 2024	4	Insider Trading

CECO Environmental Corp News

Latest updates

CECO Environmental Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-17.8%	126	154	149	129	113	116	108	105	92.00	94.00	80.00	79.00	72.00	83.00	77.00	75.00	80.00	89.00	85.00	81.00	86.00
Gross Profit	-15.1%	45.00	53.00	43.00	40.00	35.00	38.00	32.00	32.00	26.00	29.00	23.00	25.00	24.00	26.00	25.00	26.00	28.00	30.00	29.00	27.00	28.00
S&GA Expenses	-5.3%	35.00	37.00	30.00	28.00	27.00	27.00	25.00	23.00	19.00	21.00	21.00	21.00	19.00	18.00	19.00	18.00	22.00	20.00	22.00	22.00	21.00
EBITDA Margin	1.5%	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	0.08*	0.07*	0.06*	0.05*	0.06*	0.06*	-	-	-	-	-	-	-	-	-
Interest Expenses	-12.9%	3.00	4.00	3.00	4.00	2.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00
Income Taxes	-87.1%	1.00	5.00	1.00	1.00	0.00	2.00	0.00	2.00	1.00	2.00	0.00	0.00	1.00	2.00	0.00	1.00	1.00	-1.78	1.00	-4.15	1.00
Earnings Before Taxes	-71.8%	3.00	10.00	4.00	5.00	2.00	11.00	2.00	7.00	4.00	3.00	-1.13	1.00	2.00	4.00	-0.04	4.00	4.00	7.00	3.00	1.00	3.00
EBT Margin	-1.2%	0.04*	0.04*	0.04*	0.04*	0.05*	0.06*	0.04*	0.03*	0.02*	0.01*	0.02*	0.02*	-	-	-	-	-	-	-	-	-
Net Income	-59.7%	2.00	4.00	3.00	4.00	2.00	8.00	2.00	5.00	3.00	1.00	-1.25	0.00	1.00	2.00	-0.24	3.00	3.00	8.00	2.00	6.00	2.00
Net Income Margin	-6.0%	0.02*	0.02*	0.04*	0.04*	0.04*	0.04*	0.03*	0.02*	0.01*	0.00*	0.01*	0.01*	-	-	-	-	-	-	-	-	-
Free Cashflow	-115.4%	-1.89	12.00	29.00	10.00	-14.53	9.00	37.00	-19.26	-0.87	2.00	5.00	-6.30	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.9%	589	600	600	583	568	505	486	482	458	416	419	411	414	419	422	418	445	409	390	392	397
Current Assets	-3.5%	272	281	285	291	275	241	223	219	212	189	190	180	181	183	184	180	218	179	158	161	165
Cash Equivalents	-15.0%	47.00	55.00	48.00	48.00	41.00	46.00	35.00	34.00	28.00	30.00	32.00	32.00	41.00	36.00	45.00	42.00	83.00	36.00	29.00	29.00	28.00
Inventory	11.6%	38.00	34.00	38.00	32.00	30.00	27.00	25.00	24.00	22.00	17.00	19.00	17.00	16.00	17.00	19.00	19.00	19.00	21.00	20.00	22.00	20.00
Net PPE	5.7%	28.00	26.00	25.00	24.00	24.00	21.00	20.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	15.00	14.00	12.00	12.00
Goodwill	0.1%	211	211	210	200	11.00	183	182	7.00	182	161	162	162	162	162	161	159	152	152	152	152	-
Liabilities	-2.7%	353	363	370	355	345	287	281	271	245	210	216	204	208	216	220	219	251	216	205	209	219
Current Liabilities	-3.3%	196	203	203	188	172	147	140	144	133	117	118	105	106	109	110	106	108	115	104	100	104
Long Term Debt	-1.4%	125	127	135	137	141	108	107	93.00	81.00	62.00	62.00	64.00	66.00	69.00	74.00	75.00	105	63.00	65.00	73.00	75.00
LT Debt, Current	0.9%	11.00	10.00	5.00	4.00	4.00	4.00	3.00	3.00	3.00	2.00	4.00	4.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	-
LT Debt, Non Current	-1.4%	125	127	135	137	141	108	107	93.00	81.00	62.00	62.00	64.00	66.00	69.00	74.00	75.00	105	63.00	65.00	73.00	75.00
Shareholder's Equity	-0.5%	232	233	225	227	222	218	205	210	213	206	203	207	206	204	202	199	195	193	184	183	177
Retained Earnings	23.6%	-4.88	-6.39	-10.27	-13.60	-17.32	-19.30	-27.59	-29.54	-33.92	-36.72	-37.92	-36.67	-36.96	-38.14	-39.92	-39.68	-42.93	-46.34	-54.74	-56.67	-62.16
Additional Paid-In Capital	-1.3%	252	255	254	252	251	250	249	250	254	253	257	257	256	255	255	254	254	254	254	253	252
Shares Outstanding	0.2%	35.00	35.00	35.00	35.00	34.00	34.00	34.00	35.00	35.00	35.00	35.00	35.00	-	-	-	-	-	-	-	-	-
Minority Interest	-4.5%	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	6.00	1.00	1.00	1.00	1.00	1.00	1.00	-	-	-	-	-	-
Float	-	-	-	-	399	-	-	-	151	-	-	-	174	-	-	-	166	-	-	-	249	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-91.9%	1,224	15,156	30,102	11,410	-12,021	9,953	38,387	-18,489	-202	3,066	6,123	-5,799	9,908	-4,694	7,007	-4,893	7,001	10,860	10,664	2,444	-13,741
Share Based Compensation	16.2%	1,670	1,437	1,129	1,161	806	1,036	1,067	915	877	869	885	888	693	521	486	154	597	-16.00	928	958	798
Cashflow From Investing	6.2%	-2,694	-2,873	-25,552	-1,406	-26,655	-997	-8,463	-18,556	-20,241	-876	-744	-505	42.00	-1,070	-49.00	-7,140	-976	-1,909	-2,036	-778	-423
Cashflow From Financing	-62.1%	-6,528	-4,026	-4,328	-4,861	34,359	-66.00	11,587	6,796	19,859	-3,721	-5,412	-2,268	-4,155	-4,059	-4,264	-30,203	42,250	-2,235	-7,760	-305	-1,816
Buy Backs	-	3,000	-	-	-	-	462	2,193	4,324	-	1,269	3,745	-	-	-	-	-	-	-	-	-	-

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CECE Income Statement

2024-03-31

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net sales	$ 126,332	$ 112,563
Cost of sales	81,200	77,670
Gross profit	45,132	34,893
Selling and administrative expenses	34,908	27,193
Amortization and earnout expenses	2,209	1,747
Acquisition and integration expenses	190	492
Restructuring expenses	139	0
Income from operations	7,686	5,461
Other expense, net	(1,513)	(574)
Interest expense	(3,413)	(2,408)
Income before income taxes	2,760	2,479
Income tax expense	667	10
Net income	2,093	2,469
Non-controlling interest	(585)	(491)
Net income attributable to CECO Environmental Corp.	$ 1,508	$ 1,978
Earnings per share:
Basic	$ 0.04	$ 0.06
Diluted	$ 0.04	$ 0.06
Weighted average number of common shares outstanding:
Basic	34,846,163	34,441,905
Diluted	36,177,323	35,198,668

CECE Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 46,557	$ 54,779
Restricted cash	471	669
Accounts receivable, net allowances of $6,023 and $6,460	116,647	112,733
Costs and estimated earnings in excess of billings on uncompleted contracts	58,541	66,574
Inventories, net	38,032	34,089
Prepaid expenses and other current assets	10,620	11,769
Prepaid income taxes	741	824
Total current assets	271,609	281,437
Property, plant and equipment, net	27,743	26,237
Right-of-use assets from operating leases	15,095	16,256
Goodwill	211,479	211,326
Intangible assets – finite life, net	48,324	50,461
Intangible assets – indefinite life	9,558	9,570
Deferred income taxes	291	304
Deferred charges and other assets	4,921	4,700
Total assets	589,020	600,291
Current liabilities:
Current portion of debt	10,580	10,488
Accounts payable	79,061	87,691
Accrued expenses	46,195	44,301
Billings in excess of costs and estimated earnings on uncompleted contracts	58,158	56,899
Notes payable	1,500	2,500
Income taxes payable	816	1,227
Total current liabilities	196,310	203,106
Other liabilities	11,479	12,644
Debt, less current portion	125,070	126,795
Deferred income tax liability, net	9,519	8,838
Operating lease liabilities	10,490	11,417
Total liabilities	352,868	362,800
Commitments and contingencies (See Note 14)
Shareholders’ equity:
Preferred stock, $.01 par value; 10,000 shares authorized, none issued	0	0
Common stock, $.01 par value; 100,000,000 shares authorized, 34,908,330 and 34,835,293 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	349	348
Capital in excess of par value	251,673	254,956
Accumulated loss	(4,879)	(6,387)
Accumulated other comprehensive loss	(15,620)	(16,274)
Total CECO shareholders' equity	231,523	232,643
Non-controlling interest	4,629	4,848
Total shareholders' equity	236,152	237,491
Total liabilities and shareholders' equity	$ 589,020	$ 600,291

About CECO Environmental Corp

WEBSITE	cecoenviro.com

CECO Environmental Corp Frequently Asked Questions

What is the ticker symbol for CECO Environmental Corp? What does CECE stand for in stocks?

CECE is the stock ticker symbol of CECO Environmental Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of CECO Environmental Corp (CECE)?

As of Mon May 13 2024, market cap of CECO Environmental Corp is 853.47 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CECE stock?

You can check CECE's fair value in chart for subscribers.

What is the fair value of CECE stock?

You can check CECE's fair value in chart for subscribers. The fair value of CECO Environmental Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of CECO Environmental Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CECE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is CECO Environmental Corp a good stock to buy?

The fair value guage provides a quick view whether CECE is over valued or under valued. Whether CECO Environmental Corp is cheap or expensive depends on the assumptions which impact CECO Environmental Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CECE.

What is CECO Environmental Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, CECE's PE ratio (Price to Earnings) is 67.88 and Price to Sales (PS) ratio is 1.53. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CECE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on CECO Environmental Corp's stock?

In the past 10 years, CECO Environmental Corp has provided 0.072 (multiply by 100 for percentage) rate of return.