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The closing price of Cadre Holdings Inc (NYSE: CDRE) was $30.36 for the day, down -11.62% from the previous closing price of $34.35. In other words, the price has decreased by -$11.62 from its previous closing price. On the day, 0.96 million shares were traded. CDRE stock price reached its highest trading level at $31.94 during the session, while it also had its lowest trading level at $29.185.
Ratios:
Our analysis of CDRE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.28. For the most recent quarter (mrq), Quick Ratio is recorded 1.82 and its Current Ratio is at 2.82. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.76.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1232804224 and an Enterprise Value of 1425733376. As of this moment, Cadre’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.97, and their Forward P/E ratio for the next fiscal year is 22.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.42 while its Price-to-Book (P/B) ratio in mrq is 4.49. Its current Enterprise Value per Revenue stands at 2.803 whereas that against EBITDA is 18.053.
Stock Price History:
The Beta on a monthly basis for CDRE is 1.34, which has changed by 0.6119193 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. 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 -13.63%, while the 200-Day Moving Average is calculated to be -1.72%.
Shares Statistics:
CDRE traded an average of 288.53K shares per day over the past three months and 193650 shares per day over the past ten days. A total of 37.59M shares are outstanding, with a floating share count of 25.49M. Insiders hold about 37.24% of the company’s shares, while institutions hold 45.88% stake in the company. Shares short for CDRE as of 1713139200 were 1052554 with a Short Ratio of 3.65, compared to 1710460800 on 919172. Therefore, it implies a Short% of Shares Outstanding of 1052554 and a Short% of Float of 4.9099997.
Dividends & Splits
With its trailing 12-month dividend rate of 0.24, CDRE has a forward annual dividend rate of 0.34. Against a Trailing Annual Dividend Yield of 0.0069868998
Earnings Estimates
Cadre Holdings Inc (CDRE) is presently subject to a detailed evaluation by 6.0 analysts, each offering their unique perspectives on its market standing.On average, analysts expect EPS of $0.23 for the current quarter, with a high estimate of $0.26 and a low estimate of $0.21, while EPS last year was $0.19. The consensus estimate for the next quarter is $0.29, with high estimates of $0.34 and low estimates of $0.23.
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 $1.31, with 6.0 analysts recommending between $1.38 and $1.26.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. 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 $111.75MFor the next quarter, 6 analysts are estimating revenue of $139.95M. There is a high estimate of $145.52M for the next quarter, whereas the lowest estimate is $126.75M.
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 $482.53MBased 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.
