Cadre Holdings Inc (NYSE: CDRE) closed the day trading at $33.90 down -5.60% from the previous closing price of $35.91. In other words, the price has decreased by -$2.01 from its previous closing price. On the day, 513981 shares were traded.
Ratios:
For a better understanding of CDRE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.29. For the most recent quarter (mrq), Quick Ratio is recorded 1.73 and its Current Ratio is at 2.58. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.66.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, ROTH MKM on February 21, 2024, Reiterated its Buy rating but revised its target price to $38 from $32 previously.
On September 06, 2022, BofA Securities started tracking the stock assigning a Buy rating and target price of $30.BofA Securities initiated its Buy rating on September 06, 2022, with a $30 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 19 ’24 when KANDERS WARREN B sold 1,438,127 shares for $35.00 per share. The transaction valued at 50,334,445 led to the insider holds 12,184,918 shares of the business.
Browers Blaine sold 7,564 shares of CDRE for $242,431 on Dec 12 ’23. The PRESIDENT now owns 70,069 shares after completing the transaction at $32.05 per share. On Dec 11 ’23, another insider, Browers Blaine, who serves as the PRESIDENT of the company, sold 7,436 shares for $32.57 each. As a result, the insider received 242,222 and left with 77,633 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CDRE now has a Market Capitalization of 1.35B and an Enterprise Value of 1.41B. As of this moment, Cadre’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.25, and their Forward P/E ratio for the next fiscal year is 25.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.80 while its Price-to-Book (P/B) ratio in mrq is 6.46. Its current Enterprise Value per Revenue stands at 2.92 whereas that against EBITDA is 19.24.
Stock Price History:
Over the past 52 weeks, CDRE has reached a high of $39.81, while it has fallen to a 52-week low of $19.13. The 50-Day Moving Average of the stock is 35.72, while the 200-Day Moving Average is calculated to be 29.75.
Shares Statistics:
Over the past 3-months, CDRE traded about 263.48K shares per day on average, while over the past 10 days, CDRE traded about 389.49k shares per day. A total of 37.59M shares are outstanding, with a floating share count of 24.10M. Insiders hold about 39.42% of the company’s shares, while institutions hold 46.72% stake in the company. Shares short for CDRE as of Mar 15, 2024 were 919.17k with a Short Ratio of 3.49, compared to 735.29k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.45% and a Short% of Float of 4.78%.
Dividends & Splits
CDRE’s forward annual dividend rate is 0.33, up from 0.32 a year ago. Against a Trailing Annual Dividend Yield of 0.89%, it implies a Forward Annual Dividend Yield of 0.98%.
Earnings Estimates
Current recommendations for the stock of the company come from 6 analysts. On average, analysts expect EPS of $0.23 for the current quarter, with a high estimate of $0.26 and a low estimate of $0.2, while EPS last year was $0.19. The consensus estimate for the next quarter is $0.31, with high estimates of $0.34 and low estimates of $0.28.
Analysts are recommending an EPS of between $1.36 and $1.09 for the fiscal current year, implying an average EPS of $1.2. EPS for the following year is $1.32, with 6 analysts recommending between $1.38 and $1.28.
Revenue Estimates
6 analysts predict $127.99M in revenue for the current quarter. It ranges from a high estimate of $130.1M to a low estimate of $124.91M. As of the current estimate, Cadre Holdings Inc’s year-ago sales were $111.75M, an estimated increase of 14.50% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $142.4M, an increase of 25.00% over than the figure of $14.50% in the same quarter last year. There is a high estimate of $145.52M for the next quarter, whereas the lowest estimate is $141M.
A total of 7 analysts have provided revenue estimates for CDRE’s current fiscal year. The highest revenue estimate was $568.85M, while the lowest revenue estimate was $559.76M, resulting in an average revenue estimate of $565.05M. In the same quarter a year ago, actual revenue was $482.53M, up 17.10% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $600.81M in the next fiscal year. The high estimate is $627.04M and the low estimate is $587.6M. The average revenue growth estimate for next year is up 6.30% from the average revenue estimate for this year.
