CECO
CECO Environmental Corp.
NasdaqGSUSDEQUITY
Industrials
DELAYED
Buy
+41/100
Last price
75.45
▲ 0.49 (0.65%)
MARKET · —
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Tool
1D
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Open
—
Prev close
74.96
Day high
76.55
Day low
74.74
Volume
357.14K
Market cap
$4.42B
P/E (TTM)
—
52W range
42.82 – 101.24
Trailing performance
Returnvs SPY
1W
+6.87%
+4.9%
1M
+1.82%
+0.7%
3M
-5.13%
-9.6%
6M
+28.08%
+9.9%
YTD
+26.07%
+11.8%
1Y
+50.06%
+33.6%
3Y
+372.45%
+290.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
10 more panels on CECO open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+9.66K
Net buying
Buy transactions
13
118.88K shares
Sell transactions
3
109.22K shares
Net transactions
+16
Buys less sells
Sell : buy shares
0.9 : 1
Mixed
Insider-held shares
6.25M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jun 25, 26 | DEZWIREK JASON LOUIS Director |
SELL | 68.00K | $6.59M | Indirect |
| Jun 24, 26 | JOHANSSON PETER K. Chief Financial Officer |
SELL | 30.00K | $2.89M | Direct |
| Jun 8, 26 | HARRIS-PETERSON CANDACE A Officer |
STOCK | 3.10K | $0 | Direct |
| Jun 1, 26 | WALLMAN RICHARD F. Director |
BUY | 20.00K | $1.54M | Indirect |
| Jun 1, 26 | WALLMAN RICHARD F. Director |
STOCK | 3.44K | $0 | Direct |
| Jun 1, 26 | DEZWIREK JASON LOUIS Director |
STOCK | 2.21K | $0 | Direct |
| Jun 1, 26 | SACHS VALERIE GENTILE Director |
STOCK | 3.19K | $0 | Direct |
| Jun 1, 26 | KNOWLING ROBERT E JR Director |
STOCK | 2.21K | $0 | Direct |
| Jun 1, 26 | RICHEY VICTOR L JR Director |
STOCK | 6.38K | $0 | Direct |
| Jun 1, 26 | SIEGEL LAURIE A Director |
STOCK | 2.21K | $0 | Direct |
| Jun 1, 26 | MANNARINO CLAUDIO A Director |
STOCK | 1.11K | $0 | Direct |
| Jun 1, 26 | GEORGE MARCUS J Director |
STOCK | 38.91K | $0 | Direct |
| Jun 1, 26 | NANDA MUNISH Director |
STOCK | 2.21K | $0 | Direct |
| Jun 1, 26 | HARRIS-PETERSON CANDACE A Officer |
STOCK | 18.89K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
DEZWIREK JASON LOUIS |
Director | — | Sale |
GEORGE MARCUS J |
Director | 38.91K | Stock Award(Grant) |
GLEASON TODD R |
Chief Executive Officer | 454.57K | Stock Award(Grant) |
GREGORY ALYSON NOEL |
General Counsel | 23.19K | Stock Award(Grant) |
JOHANSSON PETER K. |
Chief Financial Officer | 40.75K | Sale |
MANNARINO CLAUDIO A |
Director | 78.70K | Stock Award(Grant) |
NANDA MUNISH |
Director | 64.25K | Stock Award(Grant) |
SACHS VALERIE GENTILE |
Director | 105.33K | Stock Award(Grant) |
WALLMAN RICHARD F. |
Director | — | Purchase |
WATKINS-ASIYANBI JOYCELYNN |
Officer | 75.42K | Stock Award(Grant) |
Fundamentals
Market cap$4.42B
Enterprise value$5.14B
Revenue (TTM)$903.17M
Gross profit$290.34M
EBITDA$89.29M
Net income$-30.61M
EPS (TTM)$-0.77
Free cash flow$-162.92M
Total cash$61.07M
Total debt$771.83M
Book value / share$35.52
Shares outstanding58.57M
Float51.66M
Short % of float3.77%
Dividend yield0.00%
Beta (5Y)1.50
Valuation & profitability ratios
Trailing P/E—
Forward P/E23.94
PEG ratio1.88
Price / sales—
Price / book2.12
EV / revenue5.69
EV / EBITDA57.51
Gross margin32.15%
Operating margin4.91%
Profit margin-3.39%
Return on equity-2.36%
Return on assets1.53%
Debt / equity37.09
Current ratio1.50
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $774.38M | $557.93M | $544.85M | $422.63M | +38.8% |
| Operating revenue | $774.38M | $557.93M | $544.85M | $422.63M | +38.8% |
| Cost of revenue | $505.15M | $361.79M | $373.83M | $294.40M | +39.6% |
| Gross profit | $269.23M | $196.15M | $171.02M | $128.22M | +37.3% |
| Selling, general & admin | $200.73M | $146.70M | $122.94M | $93.47M | +36.8% |
| Total operating expense | $217.51M | $156.53M | $133.94M | $100.28M | +39.0% |
| Operating income | $51.71M | $39.62M | $37.08M | $27.94M | +30.5% |
| Net interest income | -$20.91M | -$13.02M | -$13.42M | -$5.42M | -60.6% |
| Pre-tax income | $82.84M | $17.69M | $21.52M | $23.69M | +368.3% |
| Tax provision | $29.74M | $3.27M | $7.02M | $5.43M | +809.4% |
| Net income | $50.05M | $12.96M | $12.91M | $17.42M | +286.3% |
| Net income to common | $50.05M | $12.96M | $12.91M | $17.42M | +286.3% |
| Basic EPS | 1.42 | 0.37 | 0.37 | 0.50 | +283.8% |
| Diluted EPS | 1.37 | 0.36 | 0.37 | 0.50 | +280.6% |
| EBIT | $103.76M | $30.71M | $34.94M | $29.11M | +237.9% |
| EBITDA | $128.64M | $45.23M | $47.45M | $39.72M | +184.4% |
| Basic shares | 35.33M | 34.93M | 34.67M | 34.67M | +1.2% |
| Diluted shares | 36.60M | 36.38M | 35.33M | 35.01M | +0.6% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $33.14M | $37.83M | $54.78M | $45.52M | -12.4% |
| Cash & short-term investments | $33.14M | $37.83M | $54.78M | $45.52M | -12.4% |
| Accounts receivable | $171.88M | $154.84M | $115.99M | $85.71M | +11.0% |
| Inventory | $54.00M | $42.62M | $34.09M | $26.53M | +26.7% |
| Total current assets | $410.18M | $330.97M | $281.44M | $240.66M | +23.9% |
| Property, plant & equipment | $76.06M | $58.91M | $42.49M | $32.20M | +29.1% |
| Goodwill & intangibles | $394.83M | $353.26M | $271.36M | $227.96M | +11.8% |
| Total assets | $893.77M | $759.70M | $600.29M | $504.72M | +17.6% |
| Total current liabilities | $305.83M | $244.66M | $203.11M | $146.70M | +25.0% |
| Current debt | $1.88M | $3.35M | $12.99M | $3.58M | -43.9% |
| Long-term debt | $210.56M | $217.23M | $126.80M | $107.63M | -3.1% |
| Total debt | $240.04M | $245.07M | $155.48M | $122.89M | -2.1% |
| Total liabilities | $570.59M | $507.81M | $362.80M | $286.57M | +12.4% |
| Retained earnings | $56.62M | $6.57M | -$6.39M | -$19.30M | +761.8% |
| Shareholder equity | $317.53M | $247.69M | $232.64M | $213.22M | +28.2% |
| Working capital | $104.35M | $86.31M | $78.33M | $93.96M | +20.9% |
| Net tangible assets | -$77.31M | -$105.57M | -$38.71M | -$14.73M | +26.8% |
| Shares issued | 35.64M | 34.98M | 34.84M | 34.38M | +1.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $53.11M | $14.42M | $14.50M | $18.26M | +268.3% |
| Depreciation & amortisation | $24.88M | $14.52M | $12.51M | $10.61M | +71.3% |
| Stock-based compensation | $13.11M | $7.51M | $4.53M | $3.90M | +74.4% |
| Change in working capital | -$20.04M | -$12.86M | $10.74M | -$2.42M | -55.8% |
| Operating cash flow | $5.86M | $24.83M | $44.65M | $29.65M | -76.4% |
| Capital expenditure | -$11.34M | -$17.37M | -$8.38M | -$3.38M | +34.7% |
| Investing cash flow | -$1.08M | -$105.31M | -$56.49M | -$48.26M | +99.0% |
| Share buybacks | $0 | -$5.00M | $0 | -$7.02M | +100.0% |
| Financing cash flow | -$11.56M | $65.91M | $21.14M | $38.18M | -117.5% |
| Free cash flow | -$5.48M | $7.46M | $36.26M | $26.27M | -173.5% |
| End cash position | $33.23M | $38.20M | $55.45M | $46.59M | -13.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $284.96M | $205.92M | $214.69M | $197.60M | $185.39M | +38.4% |
| Operating revenue | $284.96M | $205.92M | $214.69M | $197.60M | $185.39M | +38.4% |
| Cost of revenue | $198.49M | $142.00M | $139.32M | $133.02M | $118.28M | +39.8% |
| Gross profit | $86.47M | $63.92M | $75.38M | $64.58M | $67.11M | +35.3% |
| Selling, general & admin | $63.89M | $46.09M | $51.34M | $47.03M | $48.82M | +38.6% |
| Total operating expense | $74.19M | $51.76M | $57.72M | $54.13M | $49.02M | +43.3% |
| Operating income | $12.28M | $12.15M | $17.66M | $10.45M | $18.09M | +1.1% |
| Net interest income | -$9.10M | -$4.23M | -$4.74M | -$5.05M | -$4.90M | -115.2% |
| Pre-tax income | -$44.58M | -$3.75M | $10.88M | $2.29M | $14.62M | -1,089.7% |
| Tax provision | -$10.09M | -$3.50M | $6.13M | $483.00K | $4.51M | -188.3% |
| Net income | -$34.77M | -$398.00K | $3.06M | $1.50M | $9.51M | -8,635.7% |
| Net income to common | -$34.77M | -$398.00K | $3.06M | $1.50M | $9.51M | -8,635.7% |
| Basic EPS | -0.80 | -0.01 | 0.09 | 0.04 | 0.27 | -7,900.0% |
| Diluted EPS | -0.80 | -0.01 | 0.08 | 0.04 | 0.26 | -7,900.0% |
| EBIT | -$35.48M | $483.00K | $15.62M | $7.34M | $19.52M | -7,444.9% |
| EBITDA | -$23.46M | $6.59M | $21.78M | $15.91M | $24.56M | -456.2% |
| Basic shares | 43.31M | 35.69M | 35.64M | 35.36M | 35.29M | +21.3% |
| Diluted shares | 43.31M | 35.69M | 36.76M | 36.40M | 36.56M | +21.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $61.07M | $45.41M | $33.14M | $32.79M | $36.82M | +34.5% |
| Cash & short-term investments | $61.07M | $45.41M | $33.14M | $32.79M | $36.82M | +34.5% |
| Accounts receivable | $455.92M | $274.23M | $171.88M | $159.62M | $161.50M | +66.3% |
| Inventory | $211.39M | $60.17M | $54.00M | $57.71M | $59.79M | +251.3% |
| Total current assets | $979.63M | $539.23M | $410.18M | $395.48M | $383.00M | +81.7% |
| Property, plant & equipment | $218.45M | $77.27M | $76.06M | $75.72M | $71.52M | +182.7% |
| Goodwill & intangibles | $2.51B | $399.97M | $394.83M | $402.96M | $404.58M | +527.6% |
| Total assets | $3.73B | $1.03B | $893.77M | $891.88M | $876.58M | +263.4% |
| Total current liabilities | $652.29M | $405.79M | $305.83M | $298.29M | $285.04M | +60.7% |
| Current debt | $16.64M | $5.34M | $1.88M | $1.93M | $3.56M | +211.6% |
| Long-term debt | $711.07M | $247.91M | $210.56M | $218.98M | $236.88M | +186.8% |
| Total debt | $771.83M | $281.37M | $240.04M | $247.95M | $264.72M | +174.3% |
| Total liabilities | $1.65B | $710.17M | $570.59M | $578.32M | $573.36M | +132.7% |
| Retained earnings | $21.45M | $56.22M | $56.62M | $53.56M | $52.06M | -61.8% |
| Shareholder equity | $2.08B | $312.20M | $317.53M | $309.21M | $298.36M | +564.9% |
| Working capital | $327.35M | $133.44M | $104.35M | $97.19M | $97.96M | +145.3% |
| Net tangible assets | -$434.42M | -$87.77M | -$77.31M | -$93.76M | -$106.22M | -394.9% |
| Shares issued | 58.44M | 35.84M | 35.64M | 35.64M | 35.31M | +63.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | -$34.49M | -$248.00K | $4.75M | $1.81M | $10.11M | — | -13,806.5% |
| Depreciation & amortisation | $12.02M | $6.10M | $6.16M | $8.57M | $5.04M | — | +96.9% |
| Stock-based compensation | $12.41M | $440.00K | $3.60M | $3.27M | $2.88M | — | +2,720.0% |
| Change in working capital | -$26.57M | -$18.41M | -$5.60M | -$3.87M | -$18.34M | — | -44.3% |
| Operating cash flow | -$19.33M | -$13.10M | $9.96M | $15.26M | -$7.67M | — | -47.5% |
| Capital expenditure | -$4.90M | -$2.59M | -$2.67M | -$4.24M | -$1.05M | — | -89.1% |
| Investing cash flow | -$435.15M | -$9.21M | -$2.60M | -$2.29M | -$1.02M | — | -4,627.3% |
| Share buybacks | — | — | $0 | $0 | $0 | $0 | — |
| Financing cash flow | $474.41M | $34.64M | -$8.72M | -$17.03M | -$101.56M | — | +1,269.5% |
| Free cash flow | -$24.22M | -$15.69M | $7.29M | $11.02M | -$8.71M | — | -54.4% |
| End cash position | $63.85M | $45.51M | $33.23M | $32.87M | $36.91M | — | +40.3% |
Options analytics
Put / call volume
8.17
Put-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
55.00
-27.1% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
6
Contracts, this expiry
Put volume
49
Contracts, this expiry
Heaviest call OI
70.00
0 contracts
Heaviest put OI
55.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.33 | 0.47 | +41.6% |
| Mar 2026 | 0.15 | 0.36 | +145.5% |
| Dec 2025 | 0.41 | 0.30 | -25.5% |
| Sep 2025 | 0.25 | 0.26 | +4.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.59 | 7 | $399.64M | +102.3% |
| Next quarter | 0.80 | 7 | $448.71M | +109.0% |
| Current year | 2.30 | 7 | $1.34B | +73.0% |
| Next year | 3.15 | 7 | $1.83B | +37.0% |
Analyst targets & ownership
Mean target$111.86
High target$130.00
Low target$85.00
Implied upside48.25%
Analyst count7
ConsensusNONE
Strong buy / Buy2 / 5
Hold0
Sell / Strong sell0 / 0
Held by insiders10.67%
Held by institutions89.61%
Institutions holding444
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
72.98
+3.39% from price
SMA 20
72.75
+3.72% from price
SMA 50
72.24
+4.44% from price
SMA 100
78.65
-4.07% from price
SMA 200
72.17
+4.54% from price
EMA 12
73.06
+3.27% from price
EMA 26
73.01
+3.34% from price
EMA 50
73.92
+2.07% from price
RSI (14)
55.1
Neutral
MACD (12,26,9)
0.05
Hist 0.41
ATR (14)
3.26
4.32% of price
Realised vol 30D
52.0%
Annualised
Bollinger upper
78.46
20, 2σ
Bollinger lower
67.03
20, 2σ
50 / 200 cross
Golden
72.24 vs 72.17
Trend bias
Above 200
+4.54%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
1.70
More volatile than market
Correlation to SPY
0.34
Loosely linked
Realised vol 30D
52.0%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-40.0%
Peak to trough
Max drawdown 5Y
-47.9%
Peak to trough
ATR 14
3.26
4.32% of price
Beta (reported)
1.50
5Y monthly, from filing
Short interest
Shares short
1.97M
Prior 1.63M
Change vs prior
+20.4%
Shorts adding
% of float
3.77%
Normal
% of shares out
3.36%
Against total outstanding
Days to cover
2.8
Liquid
Float
51.66M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 11, 26 | Needham | MAINTAINED | Buy | Buy |
| Aug 5, 26 | TD Cowen | INITIATED | — | Buy |
| Jul 9, 26 | JP Morgan | INITIATED | — | Overweight |
| Jun 10, 26 | Lake Street | MAINTAINED | Buy | Buy |
| Jun 10, 26 | Needham | MAINTAINED | Buy | Buy |
| Apr 29, 26 | Needham | MAINTAINED | Buy | Buy |
| Mar 26, 26 | Needham | MAINTAINED | Buy | Buy |
| Feb 25, 26 | Lake Street | MAINTAINED | Buy | Buy |
| Feb 25, 26 | Roth Capital | MAINTAINED | Buy | Buy |
| Feb 25, 26 | HC Wainwright & Co. | MAINTAINED | Buy | Buy |
| Feb 25, 26 | Needham | MAINTAINED | Buy | Buy |
| Jan 16, 26 | Needham | MAINTAINED | Buy | Buy |
Dividends & splits
Forward rate—
Forward yield0.00%
5-year avg yield2.44%
Payout ratio0.00%
Ex-dividend dateSep 14, 2017
Next pay dateSep 29, 2017
Last split1:5
Split dateSep 29, 1992
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-10-05
Periodic Financial Reports
10-Q · 2026-08-10
Corporate Changes & Voting Matters
8-K/A · 2026-08-03
Corporate Changes & Voting Matters
8-K · 2026-06-09
Offering Registrations
S-8 · 2026-06-01
Specialized Disclosure Report filed pursuant to Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act relating to the use of conflict minerals (Rule 13p-1)
SD · 2026-05-29
Corporate Changes & Voting Matters
8-K · 2026-05-28
Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions
425 · 2026-05-19
Headlines
CECO Environmental to Transfer Listing to Texas Stock Exchange
MT Newswires · 5d ago
CECO Environmental to Transfer U.S. Stock Exchange Listing to the Texas Stock Exchange
GlobeNewswire · 5d ago
3 of Wall Street’s Favorite Stocks We Approach with Caution
StockStory · 5d ago
CECO vs. Tetra Tech: Which Industrial Stock Has Greater Upside?
Zacks · 7d ago
Can CECO Sustain EBITDA Margin Momentum Amid Backlog Growth?
Zacks · 8d ago
3 Small-Cap Stocks We Approach with Caution
StockStory · 8d ago
3 Reasons to Sell CECO and 1 Stock to Buy Instead
StockStory · 12d ago
CECO Environmental (CECO) Lifts 2026 Outlook, Is It Still 33% Below Fair Value?
Simply Wall St. · 12d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
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