Is Ceco Environmental Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NASDAQ: CECO) stock is to Buy CECO stock.
Out of 3 analysts, 0 (0%) are recommending CECO as a Strong Buy, 3 (100%) are recommending CECO as a Buy, 0 (0%) are recommending CECO as a Hold, 0 (0%) are recommending CECO as a Sell, and 0 (0%) are recommending CECO as a Strong Sell.
What is CECO's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: CECO) forecast ROE is 12.29%, which is considered weak.
What is CECO's Price Target?
According to 3 Wall Street analysts that have issued a 1 year CECO price target, the average CECO price target is $19.33, with the highest CECO stock price forecast at $22.00 and the lowest CECO stock price forecast at $17.00.
On average, Wall Street analysts predict that Ceco Environmental's share price could reach $19.33 by Apr 4, 2024. The average Ceco Environmental stock price prediction forecasts a potential upside of 47.81% from the current CECO share price of $13.08.
What is CECO's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: CECO) forecast ROA is 4.69%, which is lower than the forecast US Pollution & Treatment Controls industry average of 6.59%.
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