CECO ENVIRONMENTAL CORP (CECO)
Industrials · Environmental & Pollution Control Equipment · NASDAQ
CECO Environmental provides engineered industrial solutions for air quality, fluid handling, and environmental compliance, helping global industries meet stricter environmental standards.
What CECO ENVIRONMENTAL CORP does
CECO Environmental Corp. is a diversified industrial company that provides engineered technology and equipment solutions for air quality, fluid handling, and environmental protection. The company designs and manufactures systems for industrial air pollution control, thermal oxidation, fluid filtration, and water treatment to help customers meet environmental regulations and optimize operational efficiency.
Themes: industrial air quality, water treatment, environmental compliance, industrial fluid handling, ESG and sustainability solutions
Fundamentals
- Price$71.52 as of 2026-08-21 close
- Market cap$2.6B as of 2026-08-21
- 1-year return+53.5% 2025-08-21 close $46.59 → 2026-08-21 close $71.52
- P/E337.03 as of 2026-08-24
- Net margin+1.7% as of 2026-08-24
- Gross margin+34.0% as of 2026-08-24
- ROE+4.4% as of 2026-08-24
- Debt / equity0.81 as of 2026-08-24
- Revenue growth (YoY)+32.1% as of 2026-08-24
- Revenue CAGR (3y)+22.4% SEC XBRL
- Beta1.51 as of 2026-08-24
- Last reported earnings2026-08-10 SEC EDGAR Form 8-K (Item 2.02)
How CECO compares in its sector
- price-to-earnings ratiotop 10% 357 covered Industrials peers, as of 2026-08-24
- net profit marginmiddle range 457 covered Industrials peers, as of 2026-08-24
- operating marginmiddle range 457 covered Industrials peers, as of 2026-08-24
- gross marginmiddle range 455 covered Industrials peers, as of 2026-08-24
- return on equitymiddle range 460 covered Industrials peers, as of 2026-08-24
- 3-year revenue CAGRtop 25% 426 covered Industrials peers
- free cash flow (absolute dollars, latest fiscal year)bottom 25% 414 covered Industrials peers, as of FY2025
Position among covered Industrials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
CECO is not currently in any published Top 10 list. Its scores are below.
Long-term score
Not scored for the long-term list: no shareholder return data.
Short-term score
52.9 #611 of 1,704 scored · #91 of 283 in Industrials
Catalysts 72nd: analysts have raised their average price target by 1.1% since the prior reading; setup 68th: over the past year its closes ranged, and it has retraced around half of its move over the past year — 51% of it; weakest is trend 28th: it is trading 11.3% below its 50-day average, the short-term trend line.
Scores as of 21 Aug 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 2.
Dividend coverage
Not assessed — last reported dividend predates the accounts. The most recent fiscal year in which CECO reported a dividend payment is FY2017, while its reported financial statements run through FY2025. Coverage is therefore not assessed for the latest year — an FY2017 ratio would not describe CECO today.
Coverage is derived from reported SEC EDGAR XBRL figures, comparing dividends paid against net income and free cash flow for the SAME fiscal year. It is not shown here because the latest fiscal year with a reported dividend payment (FY2017) is older than the latest year of reported financial statements (FY2025), so any ratio would describe an out-of-date year. Informational only — not financial advice.
How CECO ENVIRONMENTAL CORP looks technically
CECO ENVIRONMENTAL CORP (CECO) is trading 4.2% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 282 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 44, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 10 trading days ago (its momentum flipped positive). It made a new 20-day high about 5 trading days ago. It is 28.9% below its highest point of the past year.
Trend
8
| Distance from the 200-day | it is trading 4.2% above its 200-day average, the long-term trend line — a longer-term uptrend | +4.2% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $80.67 | $80.67 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $68.61 | $68.61 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 23 calendar days ago — the swings before that are what the structure reading is measured on | 23 sessions |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 282 trading days ago — a "golden cross", a bullish long-term signal | 282 sessions |
| Above the 200-day after a dip | it recently dipped to its 200-day average (the long-term trend line) and has since climbed back above it — now about 4.2% above | +4.2% |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend) | 17.8 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 44, neither overbought (above 70) nor oversold (below 30) | 44.3 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($66.00 to $84.77) — its "stochastic" reading is 29 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 29.4 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 10 trading days ago (its momentum flipped positive) | 10 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $100.56 | $100.56 |
|---|---|---|
| From the 52-week high | it is 28.9% below its 52-week high (its highest price of the past year) | -28.9% |
| Above the 52-week low | it is 67.2% above its 52-week low (its lowest price of the past year) | +67.2% |
| Below the 52-week high | it is 28.9% below its highest point of the past year | 28.9% |
| Since a 20-day breakout | it made a new 20-day high about 5 trading days ago | 5 sessions |
| Since a 55-day breakout | it made a new 55-day low about 18 trading days ago | 18 sessions |
| All-time high | its highest closing price on record is $100.56 (set on 2026-06-12) | $100.56 |
| Given back of the 52-week move | over the past year its closes ranged ($44.73 to $99.67), and it has given back around half of its rise from last year’s low — 51% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $63.96 to $65.72. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 51.2% |
| From the all-time high | it is 28.9% below its all-time high | -28.9% |
| Nearest price level | it is trading 2.6% below a resistance level at $73.38 — a price it turned at twice since 2026-05-19, most recently on 2026-05-29. Since 2024-08-21 it has 12 such levels below the current price and 1 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +2.6% |
| All-time low | its lowest closing price on record is $0.625 (set on 1990-11-30) | $0.625 |
| Above the all-time low | it is 11343.2% above its all-time low | +11,343% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 44th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $5.14 between its high and its low — about 7.2% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $5.14 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $61.16 and $82.51 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $61.16 – $71.84 – $82.51 |
| Typical daily range (% of price) | its price moves about 7.2% in a typical session — more volatile than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 7.2% |
| Stretch from the 200-day average | it is trading 0.6 daily ranges above its 200-day average price (4.2% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 0.6 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.67× |
|---|
Analyst
2
| Change in the average price target | analysts have raised their average price target by 1.1% since the prior reading | +1.1% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Price gaps
3
| Gap at the open | it opened on 2026-08-21 2.0% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +2.0% |
|---|---|---|
| Open gap | it gapped 7.6% above the previous close 16 sessions ago and has not traded back through the level it left behind at 59.82 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +7.6% |
| Gap filled | a 2.6% gap up opened on 2026-08-13 has been "filled" 2 sessions ago — price traded back through the level the gap left behind, and it took 4 sessions to close | 2 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 4 sessions in a row, a -15.01% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 4 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 15.2 percentage points (the stock lost 12.9% while the market gained 2.3%) | -15.2% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 14.5 percentage points (the stock lost 11.4% while the market gained 3.1%) | -14.4% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 20.3 percentage points (the stock lost 9.2% while the market gained 11.1%) | -20.3% |
| vs market, 12 months | over the past 12 months this stock beat the market by 33.0 percentage points (the stock gained 53.5% while the market gained 20.5%) | +33.0% |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, MACD momentum is positive — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 13% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 3.9% of the share price. | -12.8% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 2% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $73.33 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | -2.5% |
|---|---|---|
| Vs the average paid since it last reported | the price is 5% below the average price paid since it last reported on 2026-08-10 (its 10-Q), so the typical buyer over that stretch is under water. That average is $75.62 — a volume-weighted average of daily closes over 10 sessions, not a true tick-by-tick VWAP. | -5.4% |
Price levels it has turned at before
CECO last closed at $71.52 on 2026-08-21. Since 2024-08-21 it has turned at 12 prices below its last close and 1 above; the 3 nearest below and the nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $73.38 | Resistance | 2.6% above the last close | turned there twice · 2026-05-19 to 2026-05-29 |
| $64.11 | Support | 10.3% below the last close | turned there twice · 2025-12-16 to 2026-03-25 |
| $56.23 | Support | 21.4% below the last close | turned there twice · 2025-11-05 to 2025-12-17 |
| $53.25 | Support | 25.6% below the last close | turned there five times · 2025-09-17 to 2025-11-20 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Tested and reclaimed 200-day support · Pulled back from the 12-month high · trendless / choppy (low ADX) · Analyst price target recently RAISED · lagging the market | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.29 mean, 1=Strong Buy…5=Strong Sell) — 7 analysts
- Mean price target$109.14 range $85.00 – $130.00; median $111.00
Analyst estimates, as of 2026-08-19. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for CECO
- Consensus EPS estimate$0.3318 next reporting period, as of 2026-08-19
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Exposure to acquisition and integration risks, including the ability to successfully realize synergies and manage increased debt loads.","Dependence on industrial capital spending cycles, which are subject to global economic conditions and regulatory changes.","Significant goodwill and intangible assets on the balance sheet that are subject to impairment testing."]
What changed in the latest 10-Q
AI-assisted comparison of CECO's 10-Q filed 2026-04-30 against the prior one filed 2025-10-28.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-04-30) adds disclosure about Thermon Group Holdings merger agreement entered into on February 23, 2026, including acquisition structure and funding plans
- Newer filing adds specific discussion of Middle East conflict as market pressure requiring contingency planning measures
- Newer filing adds reference to Note 15 regarding Thermon merger details in Item 1
- Newer filing notes acquisition and integration expenses now include those 'incurred in connection with the proposed Thermon transaction'
- Newer filing adds 'executive transition expenses' to list of items excluded from non-GAAP measures
- Removed:
- Older filing (2025-10-28) included 'fair value adjustment of earn-out liabilities from the acquisitions of WK Group' as exclusion item; removed in newer filing
- Older filing compared three and nine month periods; newer filing shows only three month period ended March 31
- Reworded:
- Market Pressures section: older text states 'we are currently experiencing shortages' while newer states 'we could experience shortages' (change from present to conditional)
- Market Pressures section: older text mentions tariff impacts only; newer adds 'conflict in the Middle East and geopolitical tariff considerations'
- Acquisition and integration expense language expanded in newer filing to explicitly reference Thermon transaction expenses
- Acquisition and integration expenses description: older version lists 'fair value adjustment of earn-out liabilities from acquisitions of WK Group'; newer version removes this and adds 'executive transition expenses'
- Comparative period changed from 'September 30, 2025 and 2024' (older) to 'March 31, 2026 and 2025' (newer)
- Notes:
- The two filings cover different fiscal periods (Q3 2025 vs Q1 2026) and different prior year comparisons, limiting period-to-period comparability of financial metrics
- Newer filing text appears truncated at 'Acqu' mid-word, preventing full assessment of reconciliation table and subsequent MD&A sections
- Comparison limited to portions of MD&A provided; full filing content not available for complete assessment
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
1 open-market purchase and 3 open-market sales by insiders in the last 90 days.
- Last 90 days1 buy ($2M) · 3 sells ($9M) — 1 buying, 2 selling insiders
- Last 180 days3 buys ($3M) · 4 sells ($10M) — 1 buying, 3 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-06-25. As of 2026-08-25.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about CECO's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Congressional trading disclosures
U.S. House members publicly disclose their own, their spouse's, and dependent children's stock transactions under the STOCK Act. We hold 1 matched disclosure for CECO from U.S. House Clerk Periodic Transaction Report filings.
Congressional trading disclosures →Institutional ownership (13F)
5 institutional 13F filers reported holding CECO as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 5,529,188
- Reported value $329,429,030
reported quarterly holdings change (2025-12-31 → 2026-03-31): 1 new, 3 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
CECO had 1,761,490 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
CECO had 4.91% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 1.79 days to cover at the same settlement.
- Reported short interest (shares) 1,761,490
- Short interest (% of shares outstanding) 4.91%
- Prior settlement (shares) 1,834,230
- Reported change -3.97%
- Days to cover (reported) 1.79
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Donaldson Company (DCI)
- Flowserve (FLS)
- Parker-Hannifin (PH)
- Alfa Laval
- Durr AG
- Pentair (PNR)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does CECO ENVIRONMENTAL CORP (CECO) do?
CECO Environmental Corp. is a diversified industrial company that provides engineered technology and equipment solutions for air quality, fluid handling, and environmental protection. The company designs and manufactures systems for industrial air pollution control, thermal oxidation, fluid filtration, and water treatment to help customers meet environmental regulations and optimize operational efficiency.
What sector is CECO ENVIRONMENTAL CORP (CECO) in?
CECO ENVIRONMENTAL CORP (CECO) is classified in the Industrials sector. Its industry is Environmental & Pollution Control Equipment. It trades on NASDAQ.
Who are CECO ENVIRONMENTAL CORP's (CECO) competitors?
Notable peers of CECO ENVIRONMENTAL CORP (CECO) include Donaldson Company, Flowserve, Parker-Hannifin, Alfa Laval and Durr AG. This peer set is informational only — not financial advice.
Has there been recent Congressional stock trading in CECO?
Yes — we hold 1 matched STOCK Act disclosure for CECO from U.S. House Clerk Periodic Transaction Report filings. These are legally-required disclosures (often filed 30–45 days after the trade), may belong to a U.S. House member, their spouse, or a dependent child, and are not an indicator of company performance or investment advice.
Is CECO ENVIRONMENTAL CORP (CECO) overbought or oversold right now?
CECO ENVIRONMENTAL CORP (CECO) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 44, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on CECO come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.