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

23.46USD+0.40 (+1.73%)Market Closed

Market Summary

USD23.46+0.40

Market Closed

1.73%

CECE Stock Price

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CECE RSI Chart

CECE Valuation

Market Cap

817.6M

Price/Earnings (Trailing)

61.52

Price/Sales (Trailing)

1.5

EV/EBITDA

18.93

Price/Free Cashflow

22.55

CECE Price/Sales (Trailing)

CECE Profitability

EBT Margin

3.95%

Return on Equity

5.6%

Return on Assets

2.21%

Free Cashflow Yield

4.44%

CECE Fundamentals

CECE Revenue

Revenue (TTM)

544.8M

Rev. Growth (Yr)

32.05%

Rev. Growth (Qtr)

2.89%

CECE Earnings

Earnings (TTM)

13.3M

Earnings Growth (Yr)

-56.88%

Earnings Growth (Qtr)

5.12%

Breaking Down CECE Revenue

Last 7 days

0.7%

Last 30 days

10.2%

Last 90 days

22.9%

Trailing 12 Months

80.2%

How does CECE drawdown profile look like?

CECE Financial Health

Current Ratio

1.39

Debt/Equity

0.57

Debt/Cashflow

0.33

CECE Investor Care

Shares Dilution (1Y)

1.25%

Diluted EPS (TTM)

0.37

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
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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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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
Apr 15, 2024	Legato Capital Management LLC	unchanged	-	223,269	1,875,780	0.23%
Apr 15, 2024	NorthCrest Asset Manangement, LLC	reduced	-3.53	67,065	773,012	0.03%
Apr 11, 2024	OPTIMUM INVESTMENT ADVISORS	new	-	23,020	23,020	0.01%
Apr 10, 2024	Cox Capital Mgt LLC	unchanged	-	61,664	518,065	0.32%
Apr 05, 2024	LOS ANGELES CAPITAL MANAGEMENT LLC	added	40.85	436,598	1,165,660	-%
Apr 05, 2024	CWM, LLC	added	23.38	10,000	36,000	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	unchanged	-	410	1,927	-%
Mar 14, 2024	HENNESSY ADVISORS INC	new	-	4,153,340	4,153,340	0.21%
Mar 11, 2024	VANGUARD GROUP INC	added	4.23	7,446,060	30,452,100	-%
Mar 06, 2024	SageView Advisory Group, LLC	reduced	-46.47	-189,752	381,368	0.02%

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
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
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	2.9%	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	94.00
Gross Profit	23.3%	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	30.00
S&GA Expenses	21.1%	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	22.00
EBITDA Margin	-3.2%	0.09*	0.09*	0.09*	0.09*	0.09*	0.08*	0.07*	0.06*	0.05*	0.06*	0.06*	0.07*	-	-	-	-	-	-	-	-	-
Interest Expenses	17.3%	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	2.00
Income Taxes	829.6%	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	-4.10	1.00	3.00
Earnings Before Taxes	127.5%	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	4.00
EBT Margin	-10.7%	0.04*	0.04*	0.04*	0.05*	0.06*	0.04*	0.03*	0.02*	0.01*	0.02*	0.02*	0.03*	-	-	-	-	-	-	-	-	-
Net Income	5.1%	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	1.00
Net Income Margin	-30.9%	0.02*	0.04*	0.04*	0.04*	0.04*	0.03*	0.02*	0.01*	0.00*	0.01*	0.01*	0.02*	-	-	-	-	-	-	-	-	-
Free Cashflow	-56.9%	12.00	29.00	10.00	-14.53	9.00	37.00	-19.26	-0.87	2.00	5.00	-6.30	9.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.0%	600	600	583	568	505	486	482	458	416	419	411	414	419	422	418	445	409	390	392	397	393
Current Assets	-1.4%	281	285	291	275	241	223	219	212	189	190	180	181	183	184	180	218	179	158	161	165	161
Cash Equivalents	15.1%	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	44.00
Inventory	-10.1%	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	21.00
Net PPE	4.9%	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	22.00
Goodwill	0.7%	211	210	200	11.00	183	182	7.00	182	161	162	162	162	162	161	159	152	152	152	152	152	-
Liabilities	-1.9%	363	370	355	345	287	281	271	245	210	216	204	208	216	220	219	251	216	205	209	219	214
Current Liabilities	-0.1%	203	203	188	172	147	140	144	133	117	118	105	106	109	110	106	108	115	104	100	104	104
Long Term Debt	-6.3%	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	74.00
LT Debt, Current	121.9%	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	-6.3%	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	74.00
Shareholder's Equity	3.2%	233	225	227	222	213	205	210	213	206	203	207	206	204	202	199	195	193	184	183	177	179
Retained Earnings	37.8%	-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	-59.43
Additional Paid-In Capital	0.5%	255	254	252	251	250	249	250	254	253	257	257	256	255	255	254	254	254	254	253	252	251
Shares Outstanding	0.1%	35.00	35.00	35.00	35.00	34.00	34.00	35.00	35.00	35.00	35.00	35.00	35.00	-	-	-	-	-	-	-	-	-
Minority Interest	3.2%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-49.7%	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	18,310
Share Based Compensation	27.3%	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	845
Cashflow From Investing	88.8%	-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	780
Cashflow From Financing	7.0%	-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	-7,264
Buy Backs	-	-	-	-	-	462	2,193	4,324	-	1,269	3,745	-	-	-	-	-	-	-	-	-	-	-

CECE Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net sales	$ 544,845	$ 422,627	$ 324,140
Cost of sales	373,829	294,402	223,218
Gross profit	171,016	128,225	100,922
Selling and administrative expenses	122,944	93,473	81,797
Amortization and earnout expenses	8,180	6,809	7,789
Acquisition and integration expenses	2,508	4,546	818
Executive transition expenses	1,465	1,161	29
Restructuring expenses	1,350	75	632
Income from operations	34,569	22,161	9,857
Other income (expense), net	372	6,947	(2,231)
Interest expense	(13,416)	(5,419)	(2,952)
Income before income taxes	21,525	23,689	4,674
Income tax expense	7,024	5,426	2,691
Net income	14,501	18,263	1,983
Noncontrolling interest	(1,590)	(846)	(557)
Net income (loss) attributable to CECO Environmental Corp.	$ 12,911	$ 17,417	$ 1,426
Income per share:
Basic	$ 0.37	$ 0.5	$ 0.04
Diluted	$ 0.37	$ 0.5	$ 0.04
Weighted average number of common shares outstanding:
Basic	34,665,473	34,672,007	35,345,785
Diluted	35,334,090	35,005,159	35,594,779

CECE Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 54,779	$ 45,522
Restricted cash	669	1,063
Accounts receivable, net of allowances of $6,460 and $4,220	112,733	83,086
Costs and estimated earnings in excess of billings on uncompleted contracts	66,574	71,016
Inventories, net	34,089	26,526
Prepaid expenses and other current assets	11,769	12,174
Prepaid income taxes	824	1,271
Total current assets	281,437	240,658
Property, plant and equipment, net	26,237	20,828
Right-of-use assets from operating leases	16,256	11,373
Goodwill	211,326	183,197
Intangible assets – finite life, net	50,461	35,251
Intangible assets – indefinite life	9,570	9,508
Deferred income taxes	304	829
Deferred charges and other assets	4,700	3,077
Total assets	600,291	504,721
Current liabilities:
Current portion of debt	10,488	3,579
Accounts payable	87,691	73,407
Accrued expenses	44,301	33,791
Billings in excess of costs and estimated earnings on uncompleted contracts	56,899	32,716
Notes payable	2,500	0
Income taxes payable	1,227	3,207
Total current liabilities	203,106	146,700
Other liabilities	12,644	15,129
Debt, less current portion	126,795	107,625
Deferred income tax liability, net	8,838	8,666
Operating lease liabilities	11,417	8,453
Total liabilities	362,800	286,573
Commitments and contingencies (See Note 12)
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, 34,835,293 and 34,381,668 shares issued and outstanding at December 31, 2023 and 2022, respectively	348	344
Capital in excess of par value	254,956	250,174
Accumulated loss	(6,387)	(19,298)
Accumulated other comprehensive loss	(16,274)	(17,996)
Total CECO shareholders’ equity	232,643	213,224
Noncontrolling interest	4,848	4,924
Total shareholders' equity	237,491	218,148
Total liabilities and shareholders’ equity	$ 600,291	$ 504,721

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 Tue Apr 16 2024, market cap of CECO Environmental Corp is 817.6 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 Tue Apr 16 2024, CECE's PE ratio (Price to Earnings) is 61.52 and Price to Sales (PS) ratio is 1.5. 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 0.045 (multiply by 100 for percentage) rate of return.