
CECO Stock Forecast & Price Target
CECO Analyst Ratings
Bulls say
CECO Environmental Corp has demonstrated strong financial performance, with Q4 bookings rising 71% year-over-year to $219 million, underscoring robust demand across its segments. The company reported Q4 revenue of $158.6 million, exceeding expectations and showing a significant sequential growth of 17%. Additionally, CECO's backlog reached a record $541 million, combined with a solid sales opportunity pipeline of $4.5 billion, positioning the company favorably for future growth driven by increasing demand and strategic acquisitions.
Bears say
CECO Environmental Corp reported a concerning financial performance in recent quarters, with adjusted free cash flow for the quarter declining to $(4.4) million, a stark decrease from $11.1 million in Q3 and $12.2 million in the previous year. The company experienced a modest decline in EBITDA, totaling $19.0 million at a 12.0% margin, down from $19.4 million at a 12.6% margin in the year-ago period, despite better-than-expected results compared to consensus estimates. Additionally, cash flow from operations fell sharply to $1.8 million, significantly lower than $15.1 million in both the prior quarter and the same period last year, raising concerns about the company's operational efficiency and ability to meet future financial expectations.
This aggregate rating is based on analysts' research of CECO Environmental Corp and is not a guaranteed prediction by Public.com or investment advice.
CECO Analyst Forecast & Price Prediction
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