How to Buy Ceco Environmental Stock
Ceco Environmental Corp
CECO Environmental Corp. provides industrial air quality and fluid handling systems worldwide. It operates in two segments: Engineered Systems Segment and Industrial Process Solutions Segment.
Ceco Environmental stock last closed at $23.44, up 1.69% from the previous day, and has increased 76.24% in one year. It has overperformed other stocks in the Pollution & Treatment Controls industry by 0.54 percentage points. Ceco Environmental stock is currently +119.58% from its 52-week low of $10.68, and -4.06% from its 52-week high of $24.43.
As of Apr 16, 2024, there are 34.85M shares of CECO outstanding. The market value of CECO is $816.90M. In the last 24 hours, 223,680 CECO shares were traded.
How to Buy Ceco Environmental Stock
Wondering how to invest in Ceco Environmental stock? Here's how.
- Choose where to buy Ceco Environmental stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Ceco Environmental stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your payment method and add your information.
- Analyze Ceco Environmental stock: The Ceco Environmental ticker symbol is CECO. Is Ceco Environmental stock a good investment? Should you buy shares of CECO? How do CECO's underlying business fundamentals look? Do top analysts think Ceco Environmental is a good buy? Why has CECO's stock price moved recently? (Hint: Our stock research tools can help you understand if CECO is a good stock to buy).
- Place your CECO buy order: Decide if you will purchase CECO shares at the current market price or use a limit order to purchase CECO stock at a specific price.
- Get updates on your CECO position: Create a watchlist to the latest updates on your new investment in Ceco Environmental shares.
Step 1: Choose where to buy Ceco Environmental stock
You will need a brokerage account to access the NASDAQ market and buy CECO stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you can buy CECO stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new trading account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've filled out your info on the best beginner stock app, you need to deposit funds:
Check out the tutorial below for more details depositing money into your investment account.
Step 4: Analyze Ceco Environmental stock
Once you have figured out the best place to buy Ceco Environmental stock, it's very important to analyze their stock before you invest, so you truly wrap your head around the risk and upside.
Ceco Environmental stock quick numbers
Ceco Environmental Zen Score
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis.
You can view all of the due diligence checks on CECO's stock page.
Is CECO stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CECO's intrinsic value.
Using relative valuations metrics:
- CECO may be overvalued based on its P/E ratio of 63.35x, relative to Pollution & Treatment Controls industry P/E ratio of 29.36x
- CECO may be undervalued based on its P/B ratio of 3.51x, relative to Pollution & Treatment Controls industry P/B ratio of 7.42x
You can access more valuation analysis on CECO's stock here.
CECO Financial Health
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the CECO balance sheet.
- There are more short-term assets than short-term liabilities on the CECO balance sheet.
- CECO's operating cash flow of $44.65M allows it to safely service it's debt of $151.20M.
Negative Financial Indicators:
- CECO profit margin has gone down from 4.1% to 2.4% in the past year.
- Total CECO debt is higher than 5 years ago, relative to shareholder equity.
- CECO earnings of $33.35M is not enough to cover its interest payments.
- CECO has a relatively high debt to equity ratio of 1.56.
Is it a good time to buy CECO stock, according to Wall Street analysts?
Out of 4 Equities analysts who track CECO, the consensus analyst rating on CECO is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Ceco Environmental stock forecast page.
CECO Technicals
CECO Revenue
Last year, CECO earnings were $12.91M. During the past four year, CECO's earnings have increased by -7.71% per year. This was slower than the Pollution & Treatment Controls industry average of -2.53%.
Last year, CECO revenue was $544.85M. Over the past 5 year, CECO's revenue has gone up by 10.06% per year. This was slower than the Pollution & Treatment Controls industry average of 37.19%.
You can research CECO's earnings and revenue performance here.
Who is buying/selling CECO?
Over the last year, insiders at CECO have bought more shares than they have sold.
Laurie Siegel, Director of CECO, was the latest CECO insider to buy. They bought $49,662.50 worth of CECO shares on Mar 6, 2024.
Get more info about who owns CECO shares here.
Does CECO stock generate passive income?
No, Ceco Environmental doesn't provide an income stream by paying out dividends.
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Step 5: Place your CECO buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, use a limit order.
Hit the Open Trade button and your broker will execute your order.
If you require additional help buying stocks on eToro, watch the helpful video below:
Step 6: Get updates on your CECO position
Now that you own some CECO stock, you'll want to stay up-to-date on your new investment.
Create a watchlist to get the latest updates about your CECO stock.
CECO Feed
How to Buy Stock in Ceco Environmental
To reiterate, here are the 6 steps to buy stock in Ceco Environmental:
- Choose where to buy Ceco Environmental stock
- Sign up for a brokerage account
- Fund your investment account
- Analyze Ceco Environmental stock
- Place your CECO buy order
- Get updates on your CECO position
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to track your investment in Ceco Environmental, create a watchlist today.
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