At the time of writing, Cadre Holdings Inc [CDRE] stock is trading at $38.19, up 6.00%. An important factor to consider is whether the stock is rising or falling in short-term value. The CDRE shares have gain 19.16% over the last week, with a monthly amount glided 4.98%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cadre Holdings Inc [NYSE: CDRE] stock has seen the most recent analyst activity on February 21, 2024, when ROTH MKM reiterated its Buy rating and also boosted its price target to $38 from $32. Previously, Raymond James downgraded its rating to Mkt Perform on January 22, 2024. On September 06, 2022, BofA Securities initiated with a Buy rating and assigned a price target of $30 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $32 on August 31, 2022.
For the past year, the stock price of Cadre Holdings Inc fluctuated between $29.18 and $40.28. Cadre Holdings Inc [NYSE: CDRE] shares were valued at $38.19 at the most recent close of the market.
Analyzing the CDRE fundamentals
According to Cadre Holdings Inc [NYSE:CDRE], the company’s sales were 516.16M for trailing twelve months, which represents an -12.55% plunge. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.12 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.73.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 36.84 points at the first support level, and at 35.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.00, and for the 2nd resistance point, it is at 39.80.
Ratios To Look Out For
It is important to note that Cadre Holdings Inc [NYSE:CDRE] has a current ratio of 3.01. On the other hand, the Quick Ratio is 1.96, and the Cash Ratio is 0.98. Considering the valuation of this stock, the price to sales ratio is 3.00, the price to book ratio is 5.16 and price to earnings (TTM) ratio is 46.11.
Transactions by insiders
Recent insider trading involved KANDERS WARREN B, CEO AND CHAIRMAN, that happened on Dec 16 ’24 when 12133.0 shares were sold. Officer, KANDERS WARREN B completed a deal on Dec 16 ’24 to buy 12133.0 shares. Meanwhile, CEO AND CHAIRMAN KANDERS WARREN B sold 25000.0 shares on Dec 13 ’24.
