In the past week, CDRE stock has gone down by -2.21%, with a monthly decline of -14.91% and a quarterly surge of 0.44%. The volatility ratio for the week is 5.38%, and the volatility levels for the last 30 days are 3.05% for Cadre Holdings Inc The simple moving average for the past 20 days is -8.25% for CDRE’s stock, with a -3.05% simple moving average for the past 200 days.
Is It Worth Investing in Cadre Holdings Inc (NYSE: CDRE) Right Now?
Cadre Holdings Inc (NYSE: CDRE) has a price-to-earnings ratio of 41.05x that is above its average ratio. Additionally, the 36-month beta value for CDRE is 1.30. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The public float for CDRE is 26.12M and currently, short sellers hold a 5.45% ratio of that float. The average trading volume of CDRE on November 08, 2024 was 175.65K shares.
CDRE) stock’s latest price update
Cadre Holdings Inc (NYSE: CDRE) has seen a decline in its stock price by -8.48 in relation to its previous close of 37.15. However, the company has experienced a -2.21% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-07 that Cadre Holdings, Inc. (NYSE:CDRE ) Q3 2024 Earnings Call November 6, 2024 5:00 PM ET Company Participants Matt Berkowitz – Investor Relations Warren Kanders – Chairman and Chief Executive Officer Brad Williams – President Blaine Browers – Chief Financial Officer Conference Call Participants Jeff Van Sinderen – B. Riley Securities Lawrence Solow – CJS Securities Matt Koranda – ROTH Capital Sheila Kahyaoglu – Jefferies Jordan Lyonnais – Bank of America Mark Smith – Lake Street Capital Markets Operator Good afternoon, and welcome to Cadre Holdings Third Quarter 2024 Conference Call.
Analysts’ Opinion of CDRE
Many brokerage firms have already submitted their reports for CDRE stocks, with ROTH MKM repeating the rating for CDRE by listing it as a “Buy.” The predicted price for CDRE in the upcoming period, according to ROTH MKM is $38 based on the research report published on February 21, 2024 of the current year 2024.
BofA Securities gave a rating of “Buy” to CDRE, setting the target price at $30 in the report published on September 06th of the previous year.
CDRE Trading at -7.91% from the 50-Day Moving Average
After a stumble in the market that brought CDRE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.59% of loss for the given period.
Volatility was left at 3.05%, however, over the last 30 days, the volatility rate increased by 5.38%, as shares sank -14.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.33% lower at present.
During the last 5 trading sessions, CDRE fell by -2.21%, which changed the moving average for the period of 200-days by +2.94% in comparison to the 20-day moving average, which settled at $37.06. In addition, Cadre Holdings Inc saw 3.37% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CDRE starting from KANDERS WARREN B, who sale 109,808 shares at the price of $33.98 back on Sep 09 ’24. After this action, KANDERS WARREN B now owns 12,075,110 shares of Cadre Holdings Inc, valued at $3,731,276 using the latest closing price.
KANDERS WARREN B, the CEO AND CHAIRMAN of Cadre Holdings Inc, sale 105,377 shares at $33.92 during a trade that took place back on Sep 10 ’24, which means that KANDERS WARREN B is holding 11,969,733 shares at $3,574,388 based on the most recent closing price.
Stock Fundamentals for CDRE
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.39 for the gross margin
The net margin for Cadre Holdings Inc stands at 0.06. The total capital return value is set at 0.1. Equity return is now at value 13.36, with 6.31 for asset returns.
Based on Cadre Holdings Inc (CDRE), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 0.73. The interest coverage ratio of the stock is 14.5.
Currently, EBITDA for the company is 74.45 million with net debt to EBITDA at 1.92. When we switch over and look at the enterprise to sales, we see a ratio of 2.92. The receivables turnover for the company is 7.43for trailing twelve months and the total asset turnover is 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.01.
Conclusion
In conclusion, Cadre Holdings Inc (CDRE) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
