Cadre (CDRE) Stock Price, News & Analysis

Company Overview

Cadre Holdings, Inc. manufactures and distributes safety that provides protection to users in hazardous or life-threatening situations in the United States and internationally. The company operates in two segments, Products and Distribution. It offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products. The company also offers third-party products, such as uniforms, optics, boots, firearms, and ammunition. It serves first responders, such as state and local law enforcement, fire and rescue, explosive ordnance disposal technicians, emergency medical technicians, fishing, and wildlife enforcement and departments of corrections, as well as federal agencies including the U.S. Department of State, U.S. Department of Defense, U.S. Department of Interior, U.S. Department of Justice, U.S. Department of Homeland Security, U.S. Department of Corrections, the Department of Energy, Los Alamos National Laboratories, Waste Isolation Plant, and various foreign government agencies. Cadre Holdings, Inc. was founded in 1964 and is headquartered in Jacksonville, Florida.

Key Stats

• Today's Range: $32.66 to $33.52
• 50-Day Range: $31.00 to $40.22
• 52-Week Range: $29.18 to $40.28
• Volume: 259,408 shs
• Average Volume: 232,072 shs
• Market Capitalization: $1.36 billion
• P/E Ratio: 40.34
• Dividend Yield: 1.05%
• Price Target: $39.75
• Consensus Rating: Moderate Buy

Cadre Stock Analysis - MarketRank™

Cadre scored higher than 64% of companies evaluated by MarketBeat, and ranked 93rd out of 179 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Cadre has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Cadre has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 25.71%

Earnings Growth

Earnings for Cadre are expected to grow by 25.71% in the coming year, from $1.05 to $1.32 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Cadre is 40.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cadre is 40.34, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 23.10.

Price to Earnings Growth Ratio

Cadre has a PEG Ratio of 1.89. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Cadre has a P/B Ratio of 4.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.62% of the float of Cadre has been sold short.

Short Interest Ratio / Days to Cover

Cadre has a short interest ratio ("days to cover") of 9.5.

Change versus previous month

Short interest in Cadre has recently increased by 21.83%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Cadre pays a meaningful dividend of 1.10%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Cadre does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Cadre is 42.17%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Cadre will have a dividend payout ratio of 26.52% next year. This indicates that Cadre will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

6.62% of the float of Cadre has been sold short.

Short Interest Ratio / Days to Cover

Cadre has a short interest ratio ("days to cover") of 9.5.

Change versus previous month

Short interest in Cadre has recently increased by 21.83%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.00

News Sentiment

Cadre has a news sentiment score of 0.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.79 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Cadre this week, compared to 3 articles on an average week.

Search Interest

2 people have searched for CDRE on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Cadre insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,889,565.00 in company stock.

Percentage Held by Insiders

37.00% of the stock of Cadre is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

43.95% of the stock of Cadre is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CDRE Stock Analysis - Frequently Asked Questions

How have CDRE shares performed this year?

Cadre's stock was trading at $32.89 on January 1st, 2024. Since then, CDRE shares have increased by 1.8% and is now trading at $33.48.
View the best growth stocks for 2024 here.

How were Cadre's earnings last quarter?

Cadre Holdings, Inc. (NYSE:CDRE) posted its quarterly earnings data on Wednesday, November, 6th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.06 by $0.03. The company's revenue for the quarter was down 12.6% compared to the same quarter last year.

When did Cadre IPO?

Cadre (CDRE) raised $78 million in an initial public offering (IPO) on Thursday, November 4th 2021. The company issued 6,000,000 shares at a price of $12.00-$14.00 per share.

Who are Cadre's major shareholders?

Top institutional shareholders of Cadre include FMR LLC (11.15%), Wynnefield Capital Inc. (3.12%), Loomis Sayles & Co. L P (2.32%) and State Street Corp (2.13%). Insiders that own company stock include Brad Williams and Blaine Browers.
View institutional ownership trends.

How do I buy shares of Cadre?

Shares of CDRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Cadre own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cadre investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Arista Networks (ANET), e.l.f. Beauty (ELF) and Jabil (JBL).

Company Calendar

• Ex-Dividend for 11/15 Dividend: 11/01/2024
• Last Earnings: 11/06/2024
• Dividend Payable: 11/15/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/04/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrial Products
• Industry: Surgical appliances & supplies
• Sub-Industry: N/A
• Current Symbol: NYSE:CDRE
• CUSIP: N/A
• CIK: 1860543
• Web: www.cadre-holdings.com
• Phone: 904-741-5400
• Fax: N/A
• Employees: 2,435
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $39.75
• High Stock Price Target: $48.00
• Low Stock Price Target: $34.00
• Potential Upside/Downside: +18.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.83
• Trailing P/E Ratio: 40.34
• Forward P/E Ratio: 31.89
• P/E Growth: 1.89
• Net Income: $38.64 million
• Net Margins: 6.34%
• Pretax Margin: 8.51%
• Return on Equity: 12.88%
• Return on Assets: 6.06%

Debt

• Debt-to-Equity Ratio: 0.65
• Current Ratio: 3.01
• Quick Ratio: 1.96

Sales & Book Value

• Annual Sales: $482.53 million
• Price / Sales: 2.82
• Cash Flow: $1.60 per share
• Price / Cash Flow: 20.93
• Book Value: $7.39 per share
• Price / Book: 4.53

Miscellaneous

• Outstanding Shares: 40,610,000
• Free Float: 25,583,000
• Market Cap: $1.36 billion
• Optionable: Optionable
• Beta: 1.30