CECO - CECO Environmental Corp.
ADDISON, Texas, Aug. 24, 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:
Here is how CECO Environmental (CECO) and Helios Technologies (HLIO) have performed compared to their sector so far this year.
WDC, CECO, CHMG, CZFS and AMP have been added to the Zacks Rank #1 (Strong Buy) List on August 14, 2026.
CECO Environmental is reaffirmed as a 'Strong Buy' with a raised price target of $95, driven by transformative growth and the Thermon merger. Q2 results delivered 54% YOY revenue growth, 73% adjusted EBITDA growth, and a 164% increase in backlog, far exceeding prior synergy expectations. CECO's expanded portfolio addresses secular tailwinds in AI data centers, electrification, and industrial reshoring, supporting ongoing double-digit top-line growth.
CECO Environmental Corp. (CECO) Q2 2026 Earnings Call Transcript
CECO Environmental NASDAQ: CECO reported record second-quarter results for 2026, citing accelerating orders, a growing backlog and early cost savings from its acquisition of Thermon, which closed June 1.
CECO Environmental (CECO) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.24 per share a year ago.
Record-Setting Second Quarter Highlighted by Strong Orders, Up 191 Percent and Backlog Above $1.8 Billion Thermon Integration Delivering Synergies Ahead of Plan Company Raises Full Year Consolidated 2026 Outlook ADDISON, Texas, Aug. 10, 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 reported its financial results for the second quarter of 2026. Highlights for the Quarter (1) First quarter as a combined company following the June 1, 2026 acquisition of Thermon Orders of $798.5 million, up 191 percent; backlog of $1,819.1 million, up 164 percent Revenue of $285.0 million, up 54 percent Gross profit of $86.5 million, up 29 percent; gross margin of 30.3 percent Non-GAAP gross profit of $96.0 million, up 43 percent; non-GAAP gross margin of 33.7 percent Net loss of $(34.8) million, compared with net income of $9.5 million; non-GAAP net income of $21.5 million, up 147 percent GAAP EPS (diluted) of $(0.80); non-GAAP EPS (diluted) of $0.47 Adjusted EBITDA of $40.2 million, up 73 percent Free cash flow of $(24.3) million, a $(15.5) million decline; adjusted free cash flow of $53.2 million, a $56.2 million improvement, adjusted for cash payments relating to the Thermon transaction made during the quarter.
CECO Environmental Corp. (NASDAQ:CECO) will release its second quarter earnings report before the opening bell on Monday, Aug. 10.
Amundi reduced its position in CECO Environmental Corp. (NASDAQ: CECO) by 5.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 168,199 shares of the company's stock after selling 8,797 shares during the quarter. Amundi owned approximately
Finalization of CECO and Thermon Combined Q2 Financials Requires Additional Time Finalization of CECO and Thermon Combined Q2 Financials Requires Additional Time
Wall Street analysts reshuffled their ratings on Wednesday, sending some familiar names higher while punishing others with sharp target cuts. Find out which stocks got surprise upgrades and which ones analysts are now walking away from.
CECO (CECO) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
On July 24, 2026, CECO Environmental Corp (CECO) shares fell 5.0% to a current price of $75.63. This decline follows a broader trend, with the stock down 20.7%
Here is how CECO Environmental (CECO) and Generac Holdings (GNRC) have performed compared to their sector so far this year.
ADDISON, Texas, July 21, 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 announced that it will report its second quarter of 2026 financial results on August 6, 2026, premarket. The Company will host an earnings call starting at 8:30 a.m.
Jabil, CECO and Klarna made a tight earnings-acceleration screen, highlighting rising EPS growth trends that could signal further stock upside.
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
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.