CECO Environmental Corp. logo CECO - CECO Environmental Corp.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 11
HOLD 5
SELL 0
STRONG
SELL
0
| PRICE TARGET: $105.40 DETAILS
HIGH: $118.00
LOW: $85.00
MEDIAN: $110.00
CONSENSUS: $105.40
UPSIDE: 31.87%

Stock News

5 Stock Setups Where Wall Street Sees the Most Upside Right Now

5 Stock Setups Where Wall Street Sees the Most Upside Right Now

The S&P 500 is up 10.3% YTD, and Wall Street is convinced the markets have more room to run, particularly for this group of stocks we have uncovered. JPMorgan just tagged CECO Environmental (NASDAQ: CECO) with a $130 price target, implying roughly 65% upside from where the stock closed Friday. Bigger and more interesting calls landed on... 5 Stock Setups Where Wall Street Sees the Most Upside Right Now

Jul 12, 2026 06:44 PM 247wallst.com
CECO Environmental: Trades At A Premium Multiple, But I Think It Is Justified

CECO Environmental: Trades At A Premium Multiple, But I Think It Is Justified

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.

Jul 10, 2026 02:37 AM seekingalpha.com
CECO Environmental Momentum Continues Post Thermon Merger

CECO Environmental Momentum Continues Post Thermon Merger

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.

Jun 10, 2026 03:14 AM seekingalpha.com
CECO Environmental Provides Post-Closing Update on Thermon Transaction

CECO Environmental Provides Post-Closing Update on Thermon Transaction

ADDISON, Texas, June 09, 2026 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO) (“CECO” or the “Company”), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, today updated investors on the recent acquisition of Thermon Group Holdings, Inc. (“Thermon”), a diversified industrial technology company and a global leader in industrial process heating solutions. “I am pleased to share that approximately one week after closing our acquisition of Thermon, the initial integration phase is on track and delivering immediate benefits,” said Todd Gleason, Chairman and Chief Executive Officer of CECO.

Jun 09, 2026 03:00 AM globenewswire.com
CECO Environmental Completes Acquisition of Thermon Group Holdings

CECO Environmental Completes Acquisition of Thermon Group Holdings

ADDISON, Texas, June 01, 2026 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO) (“CECO”), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, today announced the completion of its previously announced strategic combination with Thermon Group Holdings, Inc. (“Thermon”), a diversified industrial technology company and a global leader in industrial process heating solutions. As previously disclosed, the combined company will operate as CECO Environmental and continue to be led by Chief Executive Officer Todd Gleason and the CECO Board of Directors, now including two former Thermon Directors, Victor Richey and Marcus George.

Jun 01, 2026 05:00 AM globenewswire.com
CECO Environmental and Thermon Group Holdings Announce That Their Respective Stockholders Approved the Strategic Combination and Provide Update on Election Results

CECO Environmental and Thermon Group Holdings Announce That Their Respective Stockholders Approved the Strategic Combination and Provide Update on Election Results

ADDISON, TX AND AUSTIN, TX / ACCESS Newswire / May 28, 2026 / CECO Environmental Corp. (NASDAQ:CECO) ("CECO") and Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") announced that both companies' stockholders overwhelmingly voted to approve the previously announced strategic combination at their respective stockholder meetings held earlier today. Preliminary results showed that approximately 99.93% of votes cast at CECO's annual meeting were voted in favor of the transaction, and nearly 99.97% of the votes cast at Thermon's meeting were in support of the combination.

May 28, 2026 04:00 AM accessnewswire.com
CECO Environmental and Thermon Group Holdings Announce that their respective Stockholders Approved the Strategic Combination and Provide Update on Election Results

CECO Environmental and Thermon Group Holdings Announce that their respective Stockholders Approved the Strategic Combination and Provide Update on Election Results

ADDISON, Texas and AUSTIN, Texas, May 28, 2026 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO) (“CECO”) and Thermon Group Holdings, Inc. (NYSE: THR) (“Thermon”) announced that both companies' stockholders overwhelmingly voted to approve the previously announced strategic combination at their respective stockholder meetings held earlier today. Preliminary results showed that approximately 99.93% of votes cast at CECO's annual meeting were voted in favor of the transaction, and nearly 99.97% of the votes cast at Thermon's meeting were in support of the combination.

May 28, 2026 04:00 AM globenewswire.com
CECO Environmental and Thermon Group Holdings Announce Election Deadline for Thermon Stockholders to Elect Form of Merger Consideration

CECO Environmental and Thermon Group Holdings Announce Election Deadline for Thermon Stockholders to Elect Form of Merger Consideration

ADDISON, Texas, and AUSTIN, Texas, May 15, 2026 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO) (“CECO”) and Thermon Group Holdings, Inc. (NYSE: THR) (“Thermon”) jointly announced today that, in connection with CECO's pending acquisition of Thermon (the “Transaction”), the deadline for Thermon stockholders to elect the form of merger consideration they wish to receive in the Transaction, as described in more detail below, has been set for 5:00 p.m., Central Time, on May 22, 2026 (such deadline, as it may be extended, the “Election Deadline”). The Election Deadline is based on CECO's and Thermon's expectation that the Transaction will close on June 1, 2026, subject to the approval of the stockholders of Thermon and CECO and the satisfaction of other customary closing conditions.

May 15, 2026 03:00 AM globenewswire.com
CECO Environmental Announces Upcoming Investor Conferences

CECO Environmental Announces Upcoming Investor Conferences

ADDISON, Texas, May 07, 2026 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, today announces that CECO management will participate in the following investor conferences: May 28, 2026 – 23rd Annual Craig-Hallum Institutional Investor Conference June 11, 2026 – 16th Annual Wells Fargo Industrials & Materials Conference June 11, 2026 – 16th Annual East Coast IDEAS Conference The presentations will be available on the Investor Relations section of the Company's website www.cecoenviro.com. ABOUT CECO ENVIRONMENTAL CECO Environmental is a leading environmentally focused, diversified industrial company, serving a broad landscape of industrial air, industrial water, and energy transition markets globally through its key business segments: Engineered Systems and Industrial Process Solutions.

May 07, 2026 03:00 AM globenewswire.com
Thermon Group Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Thermon Group Holdings, Inc. - THR

Thermon Group Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Thermon Group Holdings, Inc. - THR

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Thermon Group Holdings, Inc. (NYSE: THR) to CECO Environmental Corp. (NasdaqGS: CECO). Under the terms of the proposed transaction, shareholders of Thermon may elect to receive, for each share of Thermon common stock, either: (i) $10.00 in cash and 0.6840 shares of CECO common stock, (ii) $63.8.

Apr 30, 2026 09:24 AM businesswire.com (Hide legal announcements)

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