Ceco Environmental Corp Stock Today

CECO Stock  USD 23.17  0.13  0.56%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
CECO Environmental is selling at 23.17 as of the 23rd of April 2024; that is 0.56 percent increase since the beginning of the trading day. The stock's open price was 23.04. CECO Environmental has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for CECO Environmental Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
29th of September 1992
Category
Industrials
Perdoceo Education Corporation operates colleges, institutions, and universities that provide education to student population in various career-oriented disciplines through online, campus based, and blended learning programs in the United States. Perdoceo Education Corporation was founded in 1994 and is headquartered in Schaumburg, Illinois. The company has 34.87 M outstanding shares of which 1.14 M shares are currently shorted by private and institutional investors with about 2.97 trading days to cover. More on CECO Environmental Corp

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CECO Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. CECO Environmental's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CECO Environmental or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and President and DirectorTodd Nelson
Thematic Ideas
Showing 3 out of 5 themes
Business ConcentrationIndustrial Machinery & Supplies & Components, Pollution & Treatment Controls, Industrials, NASDAQ Composite, NASDAQ Composite Total, Iron, Farming, Heavy Metals, Momentum, Recycling, Industrials, Machinery, Education & Training Services, Consumer Defensive (View all Sectors)
Average Analyst Recommendation
Analysts covering CECO Environmental report their recommendations after researching CECO Environmental's financial statements, talking to executives and customers, or listening in on CECO Environmental's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering CECO Environmental Corp. The CECO consensus assessment is calculated by taking the average forecast from all of the analysts covering CECO Environmental.
Financial Strength
Based on the analysis of CECO Environmental's profitability, liquidity, and operating efficiency, CECO Environmental Corp is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of CECO Environmental Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.310.8887
Way Up
Very volatile
Total Current Liabilities213.3 M203.1 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total181.1 M172.5 M
Sufficiently Up
Slightly volatile
Total Assets643.8 M613.1 M
Sufficiently Up
Slightly volatile
Total Current Assets295.5 M281.4 M
Sufficiently Up
Slightly volatile
CECO Environmental's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to CECO Environmental's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand CECO Environmental's financial leverage. It provides some insight into what part of CECO Environmental's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on CECO Environmental's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how CECO Environmental deploys its capital and how much of that capital is borrowed.
Liquidity
CECO Environmental cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 155.48 M in liabilities with Debt to Equity (D/E) ratio of 16.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. CECO Environmental Corp has a current ratio of 2.62, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist CECO Environmental until it has trouble settling it off, either with new capital or with free cash flow. So, CECO Environmental's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CECO Environmental Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CECO to invest in growth at high rates of return. When we think about CECO Environmental's use of debt, we should always consider it together with cash and equity.

End Period Cash Flow

58.22 Million
CECO Environmental Corp (CECO) is traded on NASDAQ Exchange in USA. It is located in 14651 North Dallas Parkway, Dallas, TX, United States, 75254 and employs 1,200 people. CECO Environmental is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 803.37 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CECO Environmental's market, we take the total number of its shares issued and multiply it by CECO Environmental's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. CECO Environmental Corp conducts business under Machinery sector and is part of Industrials industry. The entity has 34.87 M outstanding shares of which 1.14 M shares are currently shorted by private and institutional investors with about 2.97 trading days to cover. CECO Environmental Corp currently holds about 281.83 M in cash with 44.65 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.01.
Check CECO Environmental Probability Of Bankruptcy
Ownership Allocation
CECO Environmental Corp secures a total of 34.87 Million outstanding shares. The majority of CECO Environmental Corp outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to acquire positions in CECO Environmental Corp to benefit from reduced commissions. Therefore, outside corporations are subject to a different set of regulations than regular investors in CECO Environmental Corp. Please pay attention to any change in the institutional holdings of CECO Environmental as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check CECO Ownership Details

CECO Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of CECO Environmental jumping above the current price in 90 days from now is about 13.42%. The CECO Environmental Corp probability density function shows the probability of CECO Environmental stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.1369 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, CECO Environmental will likely underperform. Additionally, cECO Environmental Corp has an alpha of 0.1711, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 23.17HorizonTargetOdds Above 23.17
86.48%90 days
 23.17 
13.42%
Based on a normal probability distribution, the odds of CECO Environmental to move above the current price in 90 days from now is about 13.42 (This CECO Environmental Corp probability density function shows the probability of CECO Stock to fall within a particular range of prices over 90 days) .

CECO Stock Institutional Holders

Institutional Holdings refers to the ownership stake in CECO Environmental that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CECO Environmental's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing CECO Environmental's value.
InstituionRecorded OnShares
Arnhold & S. Bleichroeder Advisers, Llc2023-12-31
483.4 K
Oberweis Asset Management Inc2023-09-30
416.7 K
Manatuck Hill Partners Llc2023-12-31
407.9 K
Loomis, Sayles & Company Lp2023-12-31
400.8 K
Martin & Co Inc2023-12-31
377.7 K
Driehaus Capital Management Llc2023-12-31
375.8 K
Heartland Advisors Inc2023-12-31
375 K
Morgan Stanley - Brokerage Accounts2023-12-31
368.6 K
Silvercrest Asset Management Group Llc2023-12-31
323.9 K
Blackrock Inc2023-12-31
2.6 M
Dimensional Fund Advisors, Inc.2023-12-31
2.3 M
View CECO Environmental Diagnostics

CECO Environmental Historical Income Statement

CECO Environmental Corp Income Statement is one of the three primary financial statements used for reporting CECO's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CECO Environmental Corp revenue and expense. CECO Environmental Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, CECO Environmental's EBIT is very stable compared to the past year. As of the 23rd of April 2024, EBITDA is likely to grow to about 55 M, though Total Other Income Expense Net is likely to grow to (17.4 M). View More Fundamentals

CECO Stock Against Markets

Picking the right benchmark for CECO Environmental stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in CECO Environmental stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for CECO Environmental is critical whether you are bullish or bearish towards CECO Environmental Corp at a given time. Please also check how CECO Environmental's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in CECO Environmental without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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CECO Environmental Corporate Directors

CECO Environmental corporate directors refer to members of a CECO Environmental board of directors. The board of directors generally takes responsibility for the CECO Environmental's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of CECO Environmental's board members must vote for the resolution. The CECO Environmental board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy CECO Stock?

Before investing in CECO Environmental, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in CECO Environmental. To buy CECO Environmental stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of CECO Environmental. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase CECO Environmental stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located CECO Environmental Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased CECO Environmental Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as CECO Environmental Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy CECO Stock please use our How to Invest in CECO Environmental guide.

Already Invested in CECO Environmental Corp?

The danger of trading CECO Environmental Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of CECO Environmental is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than CECO Environmental. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CECO Environmental Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether CECO Environmental Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CECO Environmental's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ceco Environmental Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ceco Environmental Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CECO Environmental Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the CECO Environmental Corp information on this page should be used as a complementary analysis to other CECO Environmental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running CECO Environmental's price analysis, check to measure CECO Environmental's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CECO Environmental is operating at the current time. Most of CECO Environmental's value examination focuses on studying past and present price action to predict the probability of CECO Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CECO Environmental's price. Additionally, you may evaluate how the addition of CECO Environmental to your portfolios can decrease your overall portfolio volatility.
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Is CECO Environmental's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CECO Environmental. If investors know CECO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CECO Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.54)
Earnings Share
0.37
Revenue Per Share
15.717
Quarterly Revenue Growth
0.321
Return On Assets
0.0455
The market value of CECO Environmental Corp is measured differently than its book value, which is the value of CECO that is recorded on the company's balance sheet. Investors also form their own opinion of CECO Environmental's value that differs from its market value or its book value, called intrinsic value, which is CECO Environmental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CECO Environmental's market value can be influenced by many factors that don't directly affect CECO Environmental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CECO Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if CECO Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CECO Environmental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.