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CECO Environmental Corp. (CECE) Reaches $6.59 After 8.00% Up Move; Group 1 Automotive (GPI)’s Sentiment Is 1.21

Group 1 Automotive, Inc. (NYSE:GPI) Logo

The stock of CECO Environmental Corp. (NASDAQ:CECE) is a huge mover today! The stock increased 5.69% or $0.36 during the last trading session, reaching $6.59. About 133,786 shares traded. CECO Environmental Corp. (NASDAQ:CECE) has declined 56.72% since May 17, 2017 and is downtrending. It has underperformed by 68.27% the S&P500.The move comes after 8 months positive chart setup for the $229.09M company. It was reported on May, 17 by Barchart.com. We have $7.12 PT which if reached, will make NASDAQ:CECE worth $18.33M more.

Group 1 Automotive Inc (GPI) investors sentiment increased to 1.21 in 2017 Q4. It’s up 0.22, from 0.99 in 2017Q3. The ratio is positive, as 94 institutional investors increased or opened new equity positions, while 78 sold and reduced positions in Group 1 Automotive Inc. The institutional investors in our database reported: 20.23 million shares, down from 20.26 million shares in 2017Q3. Also, the number of institutional investors holding Group 1 Automotive Inc in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 22 Reduced: 56 Increased: 50 New Position: 44.

Moon Capital Management Llc holds 2.52% of its portfolio in Group 1 Automotive, Inc. for 34,704 shares. Towle & Co owns 344,779 shares or 2.41% of their US portfolio. Moreover, Eminence Capital Lp has 2.03% invested in the company for 1.87 million shares. The Massachusetts-based Cubic Asset Management Llc has invested 1.15% in the stock. Ironwood Investment Management Llc, a Massachusetts-based fund reported 22,220 shares.

Since January 1, 0001, it had 0 insider buys, and 6 selling transactions for $12.72 million activity.

Ratings analysis reveals 0 of Group 1 Auto’s analysts are positive. Out of 3 Wall Street analysts rating Group 1 Auto, 0 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. GPI was included in 3 notes of analysts from November 22, 2016. Goldman Sachs downgraded the stock to “Sell” rating in Tuesday, November 22 report. The stock of Group 1 Automotive, Inc. (NYSE:GPI) has “Neutral” rating given on Tuesday, January 10 by CL King. Susquehanna initiated the stock with “Neutral” rating in Thursday, February 2 report.

Group 1 Automotive, Inc., through its subsidiaries, operates in the automotive retail industry. The company has market cap of $1.48 billion. It sells new and used cars, light trucks, and vehicle parts; arranges vehicle financing; sells service and insurance contracts; and provides automotive maintenance and repair services. It has a 7.24 P/E ratio. The firm has activities primarily in the metropolitan areas of Alabama, California, Florida, Georgia, Kansas, Louisiana, Maryland, Massachusetts, Mississippi, New Hampshire, New Jersey, Oklahoma, South Carolina, and Texas in the United States; 20 towns in the United Kingdom; and in metropolitan markets of Sao Paulo, Parana, Mato Grosso do Sul, and Santa Catarina, Brazil.

Analysts await Group 1 Automotive, Inc. (NYSE:GPI) to report earnings on July, 26. They expect $2.16 EPS, up 15.51% or $0.29 from last year’s $1.87 per share. GPI’s profit will be $43.67M for 8.45 P/E if the $2.16 EPS becomes a reality. After $1.70 actual EPS reported by Group 1 Automotive, Inc. for the previous quarter, Wall Street now forecasts 27.06% EPS growth.

More important recent Group 1 Automotive, Inc. (NYSE:GPI) news were published by: Streetinsider.com which released: “Group 1 Automotive (GPI) Boosts Buyback Plan by $100 Million” on May 16, 2018, also Streetinsider.com published article titled: “Elliott’s 13F Shows New Stake in Commault (CVLT), Dish (DISH), Micro Focus (MFGP) (more…)”, Seekingalpha.com published: “Group 1 Automotive (GPI) Q1 2018 Results – Earnings Call Transcript” on April 26, 2018. More interesting news about Group 1 Automotive, Inc. (NYSE:GPI) was released by: Seekingalpha.com and their article: “Congress slaps down CFPB’s auto lending guidance” with publication date: May 09, 2018.

The stock increased 2.63% or $1.87 during the last trading session, reaching $73.01. About 61,418 shares traded. Group 1 Automotive, Inc. (GPI) has declined 13.27% since May 17, 2017 and is downtrending. It has underperformed by 24.82% the S&P500.

Among 7 analysts covering CECO Environ. (NASDAQ:CECE), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. CECO Environ. had 15 analyst reports since August 7, 2015 according to SRatingsIntel. As per Wednesday, August 12, the company rating was upgraded by Zacks. The stock of CECO Environmental Corp. (NASDAQ:CECE) has “Buy” rating given on Thursday, July 6 by Needham. The stock of CECO Environmental Corp. (NASDAQ:CECE) earned “Hold” rating by Roth Capital on Thursday, November 9. The firm has “Neutral” rating given on Thursday, November 17 by Seaport Global. The company was maintained on Friday, March 11 by Roth Capital. The firm earned “Buy” rating on Friday, August 7 by Drexel Hamilton. Seaport Global upgraded the shares of CECE in report on Thursday, January 21 to “Buy” rating. The firm has “Buy” rating given on Thursday, November 9 by Needham. The firm has “Buy” rating given on Friday, March 9 by Needham. The stock of CECO Environmental Corp. (NASDAQ:CECE) has “Market Perform” rating given on Friday, August 11 by William Blair.

Since December 14, 2017, it had 1 buy, and 0 insider sales for $19,885 activity. Sadlowski Dennis bought $19,885 worth of stock.

CECO Environmental Corp. provides critical solutions to the environmental, energy, and fluid handling and filtration industries worldwide. The company has market cap of $229.09 million. The firm operates through three divisions: Energy, Environmental, and Fluid Handling and Filtration. It currently has negative earnings. The Energy segment offers gas turbine exhaust systems, dampers and diverters, gas and liquid separation and filtration equipment, selective catalytic reduction and selective non-catalytic reduction systems, acoustical components and silencers, secondary separators, and expansion joints for the power and petrochemical industries.

More important recent CECO Environmental Corp. (NASDAQ:CECE) news were published by: Nasdaq.com which released: “Consolidated Research: 2018 Summary Expectations for Care, Unilever, CECO Environmental, Carter’s, ObsEva SA …” on May 14, 2018, also Seekingalpha.com published article titled: “CECO Environmental’s (CECE) CEO Dennis Sadlowski on Q1 2018 Results – Earnings Call Transcript”, Globenewswire.com published: “Aeterna Zentaris Announces Results of Annual and Special Shareholders’ Meeting” on May 08, 2018. More interesting news about CECO Environmental Corp. (NASDAQ:CECE) was released by: Benzinga.com and their article: “55 Biggest Movers From Yesterday” with publication date: May 11, 2018.

Analysts await CECO Environmental Corp. (NASDAQ:CECE) to report earnings on August, 8. They expect $0.08 earnings per share, 0.00% or $0.00 from last year’s $0.08 per share. CECE’s profit will be $2.78 million for 20.59 P/E if the $0.08 EPS becomes a reality. After $0.05 actual earnings per share reported by CECO Environmental Corp. for the previous quarter, Wall Street now forecasts 60.00% EPS growth.

CECO Environmental Corp. (NASDAQ:CECE) Institutional Positions Chart

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