From what 1 stock analysts predict, the share price for Career Education Corp (CECO) might increase by 22.57% in the next year. This is based on a 12-month average estimation for CECO. Price targets go from $28 to $35. The majority of stock analysts believe CECO is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
Career Education Corp has a total of 1 Wall St Analyst ratings. There are 0 buy ratings, 1 ratings, and 0 sell ratings. Since most analysts have a hold consensus rating, the expectation is that Career Education Corp will generate similar returns as the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of CECO.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Bobby Brooks Northland Capital Markets | Outperform | $35 | Maintains | Aug 1, 2024 |
James Ricchiuti Needham | Buy | $35 | Maintains | Jul 31, 2024 |
Amit Dayal HC Wainwright & Co. | Buy | $35 | Maintains | Jul 31, 2024 |
Gerry Sweeney Roth MKM | Buy | $35 | Maintains | Jul 31, 2024 |
Aaron Spychalla Craig-Hallum | Buy | $34 | Maintains | Jul 31, 2024 |
James Ricchiuti Needham | Buy | $34 | Maintains | Jul 16, 2024 |
Aaron Spychalla Craig-Hallum | Buy | $28 | Maintains | May 1, 2024 |
Amit Dayal HC Wainwright & Co. | Buy | $30 | Reiterates | May 1, 2024 |
James Ricchiuti Needham | Buy | $26 | Maintains | May 1, 2024 |
Bobby Brooks Northland Capital Markets | Outperform | $28 | Maintains | Mar 6, 2024 |
James Ricchiuti Needham | Buy | $23 | Maintains | Mar 6, 2024 |
Gerry Sweeney Roth MKM | Buy | $25 | Maintains | Mar 6, 2024 |
Amit Dayal HC Wainwright & Co. | Buy | $30 | Maintains | Mar 6, 2024 |
James Ricchiuti Needham | Buy | $18 | Maintains | Sep 14, 2023 |
Roth MKM | Buy | Maintains | Aug 9, 2023 | |
Needham | Buy | Reiterates | Aug 9, 2023 | |
HC Wainwright & Co. | Buy | Reiterates | Aug 9, 2023 | |
Needham | Buy | Reiterates | Apr 4, 2023 | |
HC Wainwright & Co. | Buy | Maintains | Mar 7, 2023 | |
Needham | Buy | Maintains | Mar 7, 2023 |
When did it IPO
1998
Staff Count
1,200
Country
United States
Sector/Industry
Industrials/Pollution & Treatment Controls
CEO
Mr. Todd R. Gleason
Market Cap
$982.4M
In 2023, CECO generated $544.8M in revenue, which was a increase of 28.92% from the previous year. This can be seen as a signal that CECO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - CECO Environmental Corp. (Nasdaq: CECO) will present at upcoming investor conferences, highlighting its focus on environmental solutions and industrial protection.
Why It Matters - CECO's presentation at investor conferences signals potential growth and investment opportunities, showcasing its commitment to environmental solutions in a competitive market.
Summary - CECO Environmental Corp. will hold its Q2 2024 earnings conference call on July 30, 2024, at 8:30 AM ET with key executives and financial analysts participating.
Why It Matters - The earnings call signals CECO's financial performance and strategic direction, providing insights that can influence stock valuation and investment decisions.
Summary - CECO Environmental Corp. reported record Q2 2024 revenue, gross profits, and EBITDA. The company acquired EnviroCare International, raising its full-year outlook.
Why It Matters - CECO's record financial performance and strategic acquisition indicate strong growth potential and improved market position, which can enhance shareholder value and attract new investors.
Summary - CECO Environmental reported Q3 earnings of $0.20 per share, surpassing the Zacks consensus estimate of $0.16 and up from $0.15 per share in the same quarter last year.
Why It Matters - CECO's earnings beat expectations and show year-over-year growth, indicating strong performance and potential for future profitability, which can boost investor confidence and stock value.
Summary - CECO is anticipated to lack the necessary factors for a potential earnings beat in its upcoming report, indicating cautious investor sentiment ahead.
Why It Matters - CECO's lack of key ingredients for an earnings beat may indicate weaker performance, potentially leading to declining stock prices and affecting investor sentiment.
Summary - CECO Environmental Corp. (Nasdaq: CECO) will report Q2 2024 financial results on July 30, 2024, premarket, with an earnings call at 8:30 a.m. ET. Results will be available on its website.
Why It Matters - CECO Environmental's upcoming Q2 2024 results and earnings call could impact stock performance and investor sentiment, providing insights into its financial health and future prospects.