CECO Environmental Corp. (CECO) is rated a buy, driven by robust order visibility, a record backlog, and structural demand from power and industrial infrastructure. Q1 2026 backlog reached ~$1.03 billion (up 72% y/y), with bookings of $449 million and a book-to-bill ratio of ~2.2x, signaling strong forward growth. The Thermon acquisition enhances CECO's margin mix and cross-selling potential, positioning CECO closer to customers' uptime and reliability needs.
Here is how CECO Environmental (CECO) and Helios Technologies (HLIO) have performed compared to their sector so far this year.
The mean of analysts' price targets for CECO (CECO) points to a 26.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Does CECO Environmental (CECO) have what it takes to be a top stock pick for momentum investors? Let's find out.
CECO Environmental (CECO) remains a Strong Buy following its transformative merger with Thermon Group, which significantly expands capabilities and growth prospects. Post-merger 2026 guidance was raised: revenue of $1.275B–$1.375B and adjusted EBITDA of $195M–$225M, representing 20–25% year-over-year growth. CECO now targets a broader market, leveraging an $8B sales pipeline and exposure to secular tailwinds like AI data centers, electrification, and industrial reshoring.
CECO Environmental Corp. (CECO) M&A Call Transcript
CECO (CECO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
CECO Environmental Corp. (CECO) Q1 2026 Earnings Call Transcript
CECO Environmental (CECO) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.1 per share a year ago.
CECO Environmental Corp. (CECO) Q4 2025 Earnings Call Transcript
CECO Environmental (CECO) came out with quarterly earnings of $0.3 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.27 per share a year ago.
The Zacks Pollution Control industry is poised to gain from healthy demand for products, driven by global initiatives to tackle greenhouse gas emissions. DCI, CECO, ERII and FTEK are some notable stocks in the industry.