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Ceco Environmental Corp. (DE:WCE)
NASDAQ:WCE

Ceco Environmental (WCE) Price & Analysis

3 Followers

WCE Stock Chart & Stats

€65.90
-€3.44(-4.96%)
At close: 4:00 PM EDT
€65.90
-€3.44(-4.96%)

Bulls Say, Bears Say

Bulls Say
Record Demand VisibilityRecord orders, a rapidly expanding backlog, and book-to-bill above 2.0 provide substantial revenue visibility beyond the current quarter. This supports planning, utilization, and customer confidence while giving CECO a strong base for continued growth across its environmental solutions markets.
Thermon Integration SynergiesEarly delivery of roughly one-third of the targeted Thermon savings indicates tangible integration progress rather than relying solely on future assumptions. Cross-selling opportunities and additional planned savings could expand margins, strengthen the combined offering, and improve earnings power over the next several quarters.
Improving Operating EfficiencyHigher gross margins alongside a meaningful reduction in operating expenses as a percentage of revenue shows improving operating efficiency at greater scale. If maintained as backlog converts, this combination can support mid-teens EBITDA margins and improve the economics of future revenue growth.
Bears Say
Recent Profitability ReversalThe swing from solid 2025 profitability to a TTM net loss and negative EBITDA is a material indication of recent earnings pressure. Until profitability normalizes, CECO has less internal capacity to fund expansion and greater execution risk in converting strong demand into durable returns.
Post-acquisition LeverageThe Thermon acquisition materially increased debt and leverage, reducing financial flexibility while integration work continues. Higher obligations make cash generation and timely deleveraging more important, and could constrain capital allocation or increase vulnerability if operating performance falls short of expectations.
Weak Recent Cash ConversionNegative TTM free cash flow despite positive operating cash flow shows that recent earnings and operations have not translated reliably into discretionary cash. Continued weak conversion could increase funding needs, slow deleveraging, and limit CECO's ability to absorb acquisition or project-related costs internally.

Ceco Environmental News

WCE FAQ

What was Ceco Environmental Corp.’s price range in the past 12 months?
Ceco Environmental Corp. lowest stock price was €39.86 and its highest was €86.74 in the past 12 months.
    What is Ceco Environmental Corp.’s market cap?
    Ceco Environmental Corp.’s market cap is €3.81B.
      When is Ceco Environmental Corp.’s upcoming earnings report date?
      Ceco Environmental Corp.’s upcoming earnings report date is Nov 09, 2026 which is in 57 days.
        How were Ceco Environmental Corp.’s earnings last quarter?
        Ceco Environmental Corp. released its earnings results on Aug 10, 2026. The company reported €0.405 earnings per share for the quarter, beating the consensus estimate of €0.22 by €0.185.
          Is Ceco Environmental Corp. overvalued?
          According to Wall Street analysts Ceco Environmental Corp.’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Ceco Environmental Corp. pay dividends?
            Ceco Environmental Corp. does not currently pay dividends.
            What is Ceco Environmental Corp.’s EPS estimate?
            Ceco Environmental Corp.’s EPS estimate is 0.5.
              How many shares outstanding does Ceco Environmental Corp. have?
              Ceco Environmental Corp. has 58,569,830 shares outstanding.
                What happened to Ceco Environmental Corp.’s price movement after its last earnings report?
                Ceco Environmental Corp. reported an EPS of €0.405 in its last earnings report, beating expectations of €0.22. Following the earnings report the stock price went down -0.327%.
                  Which hedge fund is a major shareholder of Ceco Environmental Corp.?
                  Currently, no hedge funds are holding shares in DE:WCE
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Ceco Environmental Corp.

                    CECO Environmental Corp. provides critical solutions in industrial air quality, industrial water treatment, and energy transition solutions in the United States, the United Kingdom, the Netherlands, China, and internationally. It operates through Engineered Systems and Industrial Process Solutions segments. The company offers emissions management, fluid bed cyclones, thermal acoustics, and separation and filtration solutions; engineering services and environmental systems; and industrial exhaust air contamination treatment and control systems, solutions, and services, as well as intelligent control solutions. It also provides engineered and configured products and solutions, including dampers and diverters, expansion joints, selective catalytic reduction systems, severe-service and industrial cyclones, dust collectors, thermal oxidizers, filtration systems, wet and dry scrubbers, separators and coalescers, water treatment packages, metallic and non-metallic pumps, industrial silencers, and fluid handling equipment, as well as plant engineering services and engineered design build fabrication services. In addition, the company offers solutions for air pollution and contamination control, fluid handling, and process filtration in various applications, such as aluminum beverage can production, automobile production, food and beverage processing, semiconductor fabrication, electronics production, steel and aluminum mill processing, wood manufacturing, desalination, and aquaculture markets. It markets its power generation, hydrocarbon processing, water/wastewater treatment, oily water separation and treatment, marine and naval vessels, and midstream oil and gas sectors. CECO Environmental Corp. was founded in 1869 and is headquartered in Addison, Texas.

                    Ceco Environmental (WCE) Earnings & Revenues

                    WCE Company Deck

                    WCE Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call conveyed strong, broad-based operating momentum: record orders, a rapidly growing backlog, robust pipeline, meaningful quarter-over-quarter and year-over-year revenue and EBITDA growth, early Thermon integration synergies, raised guidance, and strong cash generation. Key near-term challenges include acquisition-related one-time costs, a sizable increase in debt and leverage from the Thermon purchase (though management is actively de-levering and has available liquidity), partial rather than complete synergy realization to date, and timing uncertainty for some large industrial water projects due to geopolitical delays. On balance, the positives dominate with high-confidence revenue visibility and integration progress.View all DE:WCE earnings summaries

                    WCE Stock 12 Month Forecast

                    Average Price Target

                    €93.50
                    ▲(41.88% Upside)
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