Ceco Environmental Corp. [CECO] stock is trading at $28.85, up 6.07%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CECO shares have gain 15.63% over the last week, with a monthly amount glided 14.76%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Ceco Environmental Corp. [NASDAQ: CECO] stock has seen the most recent analyst activity on January 17, 2024, when Northland Capital initiated its Outperform rating and assigned the stock a price target of $26.
Ceco Environmental Corp. [CECO] stock has fluctuated between $11.46 and $27.23 over the past year. Currently, Wall Street analysts expect the stock to reach $26 within the next 12 months. Ceco Environmental Corp. [NASDAQ: CECO] shares were valued at $28.85 at the most recent close of the market. An investor can expect a potential drop of -9.88% based on the average CECO price forecast.
Analyzing the CECO fundamentals
Ceco Environmental Corp. [NASDAQ:CECO] reported sales of 558.61M for the trailing twelve months, which represents a growth of 12.23%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.05 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.61.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 27.67 points at the first support level, and at 26.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.57, and for the 2nd resistance point, it is at 30.29.
Ratios To Look Out For
For context, Ceco Environmental Corp.’s Current Ratio is 1.38. As well, the Quick Ratio is 1.19, while the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 1.80, the price to book ratio is 4.35 and price to earnings (TTM) ratio is 82.26.
Transactions by insiders
Recent insider trading involved WALLMAN RICHARD F, Director, that happened on May 21 ’24 when 4000.0 shares were purchased. Director, WALLMAN RICHARD F completed a deal on May 01 ’24 to buy 5000.0 shares. Meanwhile, Director WALLMAN RICHARD F bought 50000.0 shares on Mar 06 ’24.
