
CECO Stock Forecast & Price Target
CECO Analyst Ratings
Bulls say
CECO Environmental Corp demonstrated a strong financial performance with Q4 bookings soaring 71% year-over-year to $219 million, and revenue of $158.6 million, surpassing consensus estimates. The company reported a record backlog of $541 million, up 46% year-over-year, which, combined with a robust sales opportunity pipeline of $4.5 billion, suggests a solid demand landscape for its services in various industrial sectors. Furthermore, CECO's asset-light business model is expected to enhance free cash flow generation while expanding EBITDA margins, positioning the company well for future growth despite an increase in total debt related to acquisitions.
Bears say
CECO Environmental Corp's financial performance in the most recent quarter reflects troubling trends, with adjusted free cash flow showing a significant use of $(4.4) million, down from prior quarters and the same period last year. Despite reporting EBITDA of $19.0 million, down slightly from $19.4 million year-over-year, the company has faced delays in customer orders that negatively impacted revenue and earnings, contributing to a pullback in its stock. Investors are expressing concern over the company's ability to meet future revenue expectations for 2025, particularly following disappointing results in 2024, highlighted by a substantial decline in cash flow from operations.
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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