CECE.XNAS - CECO ENVIRONMENTAL CORP

CECO Environmental Corp., an environmental technology company, provides critical solutions in the product recovery, air pollution control, fluid handling, and filtration segments. The company operates through three segments: Air Pollution Control, Energy, and Fluid Handling Filtration. It produces various types of air pollution control technology and equipment that have application in the chemical processing, ethanol, paint booth emissions, wastewater treatment, and wood products industries. The company also provides a range of products and services, which include product recovery and pollution control technologies for purification of air and liquids; fluid handling technologies for corrosive, abrasive, and high temperature liquids; and filtration and purification technologies, such as proprietary water treatment chemicals and filter products for air and liquid filtration. Its products and services include dampers and diverters, cyclonic technology, thermal oxidizers, filtration systems, scrubbers, exhaust systems, fluid handling equipment and plant engineered services, and engineered design build fabrications. In addition, the company is involved in contracting/services operations, including custom metal engineered fabrication services that comprise fabrication of parts, engineered subassemblies, and customized products for air pollution and non-air pollution systems, as well as produces air pollution control and engineered industrial ventilation systems. Further, it manufactures and markets component parts for industrial air systems that are used by air pollution control companies and air system contractors. The company offers its products under Effox-Flextor, Kirk & Blum, KB Duct, Fisher-Klosterman, FKI, Buell, AVC, Busch International, CECO Filters, Adwest, Aarding, Duall, Flex-Kleen, Bio-Reaction, Dean Pump, Fybroc, Sethco, Mefiag Filtration, Keystone Filter, and Strobic Air brands. CECO Environmental Corp. was founded in 1966 and is based in Cincinnati, Ohio.

Análise Técnica:



Segundo a análise tecnica, parece que a cotação transacciona num canal ascendente, e terá alguma margem de progressão até à possivel resistencia de curto prazo nos 16 dolares aproximadamente.

RSI 53
Volume dentro da média


Análise Fundamental:

Alguns dados interessantes sobre a empresa:









Dados para o modelo futuro:
Dados do sector: http://biz.yahoo.com/ic/623.html

Dados de empresa coincidem: http://financials.morningstar.com/income-statement/is.html?t=CECE e http://www.4-traders.com/CECO-ENVIRONMENTAL-CORP-8732/financials/

PER da empresa actual 27
PER do sector 28





Recomendação:

Apesar do modelo de avaliação futura nos dar um price target na ordem dos 18 dolares, o que nos dá um potencial de 20% face á cotação actual, prevemos que no curto prazo, a acção poderá atingir os 16 dolares (10% de valorização).
Compra a este valor com stop loss de 13,5dolares (suporte de curto prazo no canal ascendente).

Concluimos que não é uma empresa muito desvalorizada, mas que contudo ainda tem uma margem de subida atraente.

A empresa apresentou maus resultados, abaixo das expectativas o que ditou a sua queda nos ultimos dias.

Equaciono a compra se ela atingir os 10,80 dolares que coincide com o fibonacci 50% do gráfico mensal.



No gráfico da figura acima nao da para ver esse PT mas vamos analisar o gráfico mensal:

http://seekingalpha.com/article/2975436-ceco-environmental-the-consolidator

Um artigo em que o autor explica porque está longo na empresa.

A CECE é uma value stock, estando a cotar abaixo da mm200 dias, apesar de ter um PER de 24. Consideramos uma possivel entrada no futuro, se houver algum catalizador em relação à acção.

Entrada na empresa a 8,77 dolares, correspondente ao fibonacci 38,20.