
CECO Stock Forecast & Price Target
CECO Analyst Ratings
Bulls say
CECO Environmental Corp demonstrated a significant increase in order intake, with fourth-quarter bookings rising 71% year-over-year to $219 million, highlighting robust demand across its segments. The company reported fourth-quarter revenue of $158.6 million, exceeding analyst expectations and reflecting a 3% year-over-year growth, alongside a record backlog totaling $541 million, which has increased 46% compared to the previous year. With a strong $4.5 billion sales opportunity pipeline and the potential for improved free cash flow generation through an asset-light business model, CECO appears well-positioned for continued growth and upward revisions to future financial estimates.
Bears say
CECO Environmental Corp reported a notable decline in adjusted free cash flow, with a use of $(4.4) million for the quarter compared to $(11.1) million in Q3 and $(12.2) million in the same period a year prior. The company's EBITDA also experienced a modest decline, totaling $19.0 million with a 12.0% margin, down from $19.4 million (12.6% margin) in the year-ago period, highlighting challenges in revenue generation linked to customer-driven delays. Furthermore, the recent pullback in stock performance is attributed to lower-than-guided revenue execution for 2024, leading to concerns among investors regarding the company's ability to meet or exceed expectations in 2025.
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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