It is Poised to be a Bull Market for Cadre Holdings Inc (CDRE)

With 0.55 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.24 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $37.21 whereas the lowest price it dropped to was $35.67. The 52-week range on CDRE shows that it touched its highest point at $40.28 and its lowest point at $29.18 during that stretch. It currently has a 1-year price target of $42.80. With its current market cap of 1.47 billion, CDRE has annualized dividend of $0.35 while the current yield stands at 0.96%. CDRE paid its most recent dividend on 1730419200, while the ex-dividend date for that was 1730419200. Beta for the stock currently stands at 1.23.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CDRE was up-trending over the past week, with a rise of 1.74%, but this was up by 17.10% over a month. Three-month performance dropped to -2.84% while six-month performance rose 14.87%. The stock gained 13.08% in the past year, while it has gained 10.37% so far this year. A look at the trailing 12-month EPS for CDRE yields 0.83 with Next year EPS estimates of 1.33. For the next quarter, that number is 0.47. This implies an EPS growth rate of 2.78% for this year and 27.35% for next year.

Float and Shares Shorts:

At present, 40.61 million CDRE shares are outstanding with a float of 26.73 million shares on hand for trading. On 2024-11-29, short shares totaled 1.48 million, which was 364.0 higher than short shares on 1730332800. In addition to Mr. Warren B. Kanders as the firm’s Executive Chairman & CEO, Mr. Brad E. Williams serves as its President.

Institutional Ownership:

Through their ownership of 0.64043 of CDRE’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CDRE reported revenue of $109408000.0 and operating income of $5941000.0. The EBITDA in the recently reported quarter was $11259000.0 and diluted EPS was $0.09.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CDRE since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CDRE analysts setting a high price target of 48.0 and a low target of 37.0, the average target price over the next 12 months is 43.16667. Based on these targets, CDRE could surge 32.23% to reach the target high and rise by 1.93% to reach the target low. Reaching the average price target will result in a growth of 18.92% from current levels.

Analysts have provided yearly estimates in a range of $1.0985 being high and $0.93872 being low. For CDRE, this leads to a yearly average estimate of $1.04857. Based on analyst estimates, the high estimate for the next quarter is $0.36 and the low estimate is $0.28. The average estimate for the next quarter is thus $0.32.