CECO Environmental Future Growth

Future criteria checks 4/6

CECO Environmental is forecast to grow earnings and revenue by 41.8% and 8.5% per annum respectively while EPS is expected to grow by 40.8% per annum.

Key information

41.8%

Earnings growth rate

40.8%

EPS growth rate

Commercial Services earnings growth	14.8%
Revenue growth rate	8.5%
Future return on equity	n/a
Analyst coverage	Good
Last updated	06 Mar 2024

Recent future growth updates

Recent updates

CECO Environmental (NASDAQ:CECO) Is Looking To Continue Growing Its Returns On Capital

Apr 26

News Flash: Analysts Just Made A Meaningful Upgrade To Their CECO Environmental Corp. (NASDAQ:CECO) Forecasts

Nov 12

Should You Investigate CECO Environmental Corp. (NASDAQ:CECE) At US$11.51?

Oct 25

CECO Environmental: Impressive Turnaround That Will Still Flourish Even In A Recession

Sep 10

Is CECO Environmental (NASDAQ:CECE) Using Too Much Debt?

Sep 03

CECO Environmental reports Q2 earnings beat; raises FY22 outlook

Aug 08

CECO Environmental (NASDAQ:CECE) Could Be Struggling To Allocate Capital

Jun 17

Is CECO Environmental (NASDAQ:CECE) Using Too Much Debt?

Apr 08

Are CECO Environmental Corp. (NASDAQ:CECE) Investors Paying Above The Intrinsic Value?

Mar 19

Is CECO Environmental (NASDAQ:CECE) A Risky Investment?

Nov 13

Is CECO Environmental Corp. (NASDAQ:CECE) Potentially Undervalued?

Jun 14

We Think CECO Environmental (NASDAQ:CECE) Can Stay On Top Of Its Debt

May 15

Earnings and Revenue Growth Forecasts

NasdaqGS:CECO - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	691	55	66	73	1
12/31/2025	656	41	58	57	5
12/31/2024	601	25	40	45	6
12/31/2023	545	13	36	45	N/A
9/30/2023	508	17	33	39	N/A
6/30/2023	467	16	4	10	N/A
3/31/2023	443	17	13	18	N/A
12/31/2022	423	17	26	30	N/A
9/30/2022	400	10	20	23	N/A
6/30/2022	371	7	25	28	N/A
3/31/2022	345	3	0	3	N/A
12/31/2021	324	1	11	13	N/A
9/30/2021	313	2	3	6	N/A
6/30/2021	311	3	3	6	N/A
3/31/2021	307	6	4	7	N/A
12/31/2020	316	8	0	4	N/A
9/30/2020	322	15	15	20	N/A
6/30/2020	330	17	17	24	N/A
3/31/2020	336	19	25	31	N/A
12/31/2019	342	18	5	10	N/A
9/30/2019	346	10	13	18	N/A
6/30/2019	349	-5	-3	1	N/A
3/31/2019	349	-11	2	5	N/A
12/31/2018	337	-7	19	22	N/A
9/30/2018	317	-20	9	11	N/A
6/30/2018	314	-4	14	15	N/A
3/31/2018	327	3	4	5	N/A
12/31/2017	345	-3	6	7	N/A
9/30/2017	371	-43	N/A	16	N/A
6/30/2017	388	-40	N/A	27	N/A
3/31/2017	406	-41	N/A	65	N/A
12/31/2016	417	-38	N/A	70	N/A
9/30/2016	418	10	N/A	74	N/A
6/30/2016	415	-1	N/A	55	N/A
3/31/2016	390	-3	N/A	21	N/A
12/31/2015	367	-6	N/A	13	N/A
9/30/2015	342	-1	N/A	3	N/A
6/30/2015	307	8	N/A	18	N/A
3/31/2015	287	10	N/A	18	N/A
12/31/2014	263	13	N/A	18	N/A
9/30/2014	256	14	N/A	20	N/A
6/30/2014	242	9	N/A	18	N/A
3/31/2014	220	7	N/A	17	N/A
12/31/2013	197	7	N/A	24	N/A
9/30/2013	163	7	N/A	13	N/A
6/30/2013	146	12	N/A	16	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CECO's forecast earnings growth (41.8% per year) is above the savings rate (2.3%).

Earnings vs Market: CECO's earnings (41.8% per year) are forecast to grow faster than the US market (14.8% per year).

High Growth Earnings: CECO's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CECO's revenue (8.5% per year) is forecast to grow faster than the US market (8.2% per year).

High Growth Revenue: CECO's revenue (8.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if CECO's Return on Equity is forecast to be high in 3 years time

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CECO Environmental Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 16%, revenue upgraded

CECO Environmental Corp. Raises Earnings Guidance for the Full Year 2024

CECO Environmental Corp. Provides Earnings Guidance for the Full Year 2024

Price target increased by 11% to US$23.25

Price target increased by 8.7% to US$17.40

Price target increased to US$16.40

Recent updates

CECO Environmental (NASDAQ:CECO) Is Looking To Continue Growing Its Returns On Capital

CECO Environmental Corp. to Report Q1, 2024 Results on Apr 30, 2024

CECO Environmental Corp., Annual General Meeting, May 20, 2024

Consensus EPS estimates fall by 16%, revenue upgraded

Independent Director recently bought US$989k worth of stock

CECO Environmental Corp. Raises Earnings Guidance for the Full Year 2024

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

CECO Environmental Stock Tanks On Q4 Earnings, Opportunity Knocks

CECO Environmental Corp. to Report Q4, 2023 Results on Mar 05, 2024

CEO & Director recently sold US$306k worth of stock

CEO & Director notifies of intention to sell stock

CECO Environmental Corp. Provides Earnings Guidance for the Full Year 2024

Price target increased by 11% to US$23.25

CECO Environmental's (NASDAQ:CECO) Returns On Capital Are Heading Higher

CECO Environmental Corp. to Report Q3, 2023 Results on Nov 07, 2023

Independent Director recently bought US$160k worth of stock

Investor sentiment improves as stock rises 16%

CECO Environmental Corp. (NasdaqGS:CECO) acquired Kemco Systems, Co. LLC.

CECO Environmental Corp. Appoints Laurie A. Siegel to its Board of Directors

CECO Environmental Corp. Announces Cessation of Paul Gohr as Chief Accounting Officer

Investor sentiment improves as stock rises 15%

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

When Should You Buy CECO Environmental Corp. (NASDAQ:CECO)?

CECO Environmental Corp. to Report Q2, 2023 Results on Aug 08, 2023

CECO Environmental Corp. Announces the Cessation of Ramesh Nuggihalli as Chief Operating Officer

CECO Environmental Corp. Announces Chief Accounting Officer Changes

Are Investors Undervaluing CECO Environmental Corp. (NASDAQ:CECO) By 50%?

Investor sentiment improves as stock rises 22%

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Is Now An Opportune Moment To Examine CECO Environmental Corp. (NASDAQ:CECO)?

Independent Director recently bought US$151k worth of stock

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Price target increased by 8.7% to US$17.40

Price target increased to US$16.40

Investor sentiment improved over the past week

CECO Environmental Corp. (NasdaqGS:CECO) acquired Wakefield Acoustics Limited.

CEO & Director recently sold US$127k worth of stock

Price target increased to US$15.00

News Flash: Analysts Just Made A Meaningful Upgrade To Their CECO Environmental Corp. (NASDAQ:CECO) Forecasts

Price target increased to US$15.00

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

CECO Environmental Corp. Provides Revenue Guidance for the Full Year 2023

CECO Environmental Corp. to Report Q3, 2022 Results on Nov 07, 2022

Should You Investigate CECO Environmental Corp. (NASDAQ:CECE) At US$11.51?

Price target increased to US$13.60

CECO Environmental Corp. (NasdaqGS:CECE) acquired DS21 Co., Ltd.

Independent Director recently bought US$142k worth of stock

CECO Environmental: Impressive Turnaround That Will Still Flourish Even In A Recession

Is CECO Environmental (NASDAQ:CECE) Using Too Much Debt?

Consensus EPS estimates increase by 26%

Independent Director recently bought US$179k worth of stock

Price target increased to US$12.75

CECO Environmental Corp. Announces Executive Changes

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

CECO Environmental reports Q2 earnings beat; raises FY22 outlook

CECO Environmental Corp. to Report Q2, 2022 Results on Aug 08, 2022

CECO Environmental Corp. Appoints Robert E. Knowling, Jr. to Its Board of Directors

CECO Environmental Corp. Appoints Lynn Watkins-Asiyanbi as New Senior Vice President, General Counsel and Corporate Secretary

CECO Environmental Corp. (NasdaqGS:CECE) acquired Western Air Ducts (Uk) Limited.

CECO Environmental Corp.(NasdaqGS:CECE) dropped from Russell 2000 Value Index

CECO Environmental (NASDAQ:CECE) Could Be Struggling To Allocate Capital

Investor sentiment deteriorated over the past week

CECO Environmental Corp. (NasdaqGS:CECE) announces an Equity Buyback for $20 million worth of its shares.

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

CECO Environmental Corp., Annual General Meeting, Jun 08, 2022

CECO Environmental Corp. (NasdaqGS:CECE) acquired Substantially all of the assets of Index Water.

Is CECO Environmental (NASDAQ:CECE) Using Too Much Debt?

Director recently bought US$174k worth of stock

Consensus forecasts updated