CDRE - Cadre Holdings, Inc. Stock Price, Fair Value and News

33.60USD+0.25 (+0.75%)Delayed as of 01 May 2024, 11:04 am ET

Market Summary

USD33.60+0.25

Delayedas of 01 May 2024, 11:04 am

0.75%

CDRE Stock Price

View Fullscreen

CDRE RSI Chart

CDRE Valuation

Market Cap

1.3B

Price/Earnings (Trailing)

32.44

Price/Sales (Trailing)

2.6

EV/EBITDA

17.67

Price/Free Cashflow

18.86

CDRE Price/Sales (Trailing)

CDRE Profitability

EBT Margin

10.97%

Return on Equity

19.6%

Return on Assets

8.96%

Free Cashflow Yield

5.3%

CDRE Fundamentals

CDRE Revenue

Revenue (TTM)

482.5M

Rev. Growth (Yr)

0.76%

Rev. Growth (Qtr)

-0.42%

CDRE Earnings

Earnings (TTM)

38.6M

Earnings Growth (Yr)

45.39%

Earnings Growth (Qtr)

-13.2%

Breaking Down CDRE Revenue

52 Week Range

19.1333.60

(Low)(High)

Last 7 days

-0.1%

Last 30 days

-7.9%

Last 90 days

-1.9%

Trailing 12 Months

57.1%

How does CDRE drawdown profile look like?

CDRE Financial Health

Current Ratio

2.58

Debt/Equity

0.65

Debt/Cashflow

0.57

CDRE Investor Care

Dividend Yield

0.95%

Dividend/Share (TTM)

0.32

Shares Dilution (1Y)

0.68%

Diluted EPS (TTM)

1.02

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	465.2M	468.0M	481.6M	482.5M
2022	421.2M	424.8M	437.7M	457.8M
2021	410.3M	416.0M	421.6M	427.3M
2020	0	0	412.7M	404.6M
2019	0	0	0	420.7M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Cadre Holdings, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 19, 2024	kanders warren b	sold	-50,334,400	35.00	-1,438,130	ceo and chairman
Mar 18, 2024	williams brad	sold (taxes)	-1,186,590	34.66	-34,235	president
Mar 18, 2024	williams brad	acquired	-	-	87,000	president
Mar 18, 2024	browers blaine	sold (taxes)	-754,687	34.66	-21,774	chief financial officer
Mar 18, 2024	browers blaine	acquired	-	-	55,333	chief financial officer
Mar 18, 2024	norton hamish	acquired	-	-	7,833	-
Mar 18, 2024	quigley william g iii	acquired	-	-	7,833	-
Mar 18, 2024	sokolow nicolas	acquired	-	-	11,000	-
Mar 13, 2024	kanders warren b	sold (taxes)	-127,118	39.49	-3,219	ceo and chairman
Mar 13, 2024	browers blaine	acquired	-	-	3,391	chief financial officer

Which funds bought or sold CDRE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 29, 2024	BENJAMIN F. EDWARDS & COMPANY, INC.	new	-	1,000	1,000	-%
Apr 29, 2024	PRINCIPAL FINANCIAL GROUP INC	new	-	473,931	473,931	-%
Apr 29, 2024	Allspring Global Investments Holdings, LLC	added	624	523,877	598,964	-%
Apr 26, 2024	CAAS CAPITAL MANAGEMENT LP	new	-	362,000	362,000	0.03%
Apr 26, 2024	SYSTM Wealth Solutions LLC	unchanged	-	153	1,666	-%
Apr 25, 2024	NEW YORK STATE TEACHERS RETIREMENT SYSTEM	added	1,640	60,000	63,000	-%
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-3.27	276,009	4,545,290	-%
Apr 25, 2024	Zurcher Kantonalbank (Zurich Cantonalbank)	unchanged	-	10,515	115,007	-%
Apr 25, 2024	Mesirow Financial Investment Management, Inc.	sold off	-100	-334,298	-	-%
Apr 25, 2024	nVerses Capital, LLC	new	-	10,860	10,860	0.03%

Are Funds Buying or Selling CDRE?

Are funds buying CDRE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CDRE

No. of Funds

Unveiling Cadre Holdings, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	greenhouse funds lllp	6.6%	2,495,955	SC 13G
Feb 12, 2024	kanders warren b	39.9%	14,997,902	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jun 12, 2023	fmr llc	-	0	SC 13G/A
Feb 14, 2023	wynnefield partners small cap value lp	5%	5	SC 13G/A
Feb 14, 2023	kanders warren b	45.7%	17,053,005	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G
Feb 14, 2022	kanders warren b	50.01%	17,195,803	SC 13G
Feb 14, 2022	wynnefield partners small cap value lp	1.6%	540,338	SC 13G

Recent SEC filings of Cadre Holdings, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 29, 2024	ARS	ARS
Apr 29, 2024	DEF 14A	DEF 14A
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 19, 2024	8-K	Current Report

Peers (Alternatives to Cadre Holdings, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BA	103.0B	76.4B	-13.03%	-17.67%	-47.9	1.35	8.37%	47.92%
GD	78.8B	43.1B	1.63%	31.61%	23.28	1.83	8.09%	-0.18%
LHX	40.6B	20.2B	0.45%	9.93%	34.61	2.01	15.66%	26.95%
HEI	28.7B	3.2B	8.59%	21.44%	67.43	8.84	38.68%	18.86%
HWM	27.4B	6.6B	-2.46%	50.81%	35.8	4.12	17.25%	63.11%
AXON	23.6B	1.6B	0.25%	45.21%	135.57	15.11	31.38%	18.41%
HII	11.0B	11.5B	-4.99%	36.99%	16.1	0.96	7.29%	17.62%
MID-CAP
CW	9.7B	2.8B	-0.98%	47.60%	27.32	3.4	11.28%	20.44%
BWXT	8.7B	2.5B	-6.68%	48.07%	35.57	3.5	11.80%	3.22%
AVAV	4.5B	705.8M	4.25%	57.18%	-42.07	6.37	44.89%	-1159.76%
SMALL-CAP
DCO	791.9M	757.0M	5.44%	3.13%	49.72	1.05	6.24%	-44.67%
SPCE	348.0M	6.8M	-41.22%	-75.63%	-0.69	51.18	194.12%	-0.44%
ISSC	113.1M	37.6M	-11.48%	-1.22%	17.72	3.01	36.42%	25.49%
CODA	74.3M	642.5K	15.25%	-18.00%	31.53	106.77	-97.11%	-47.43%
ASTC	15.6M	2.0M	2.23%	-12.69%	-1.52	7.83	371.33%	-13.01%

Cadre Holdings, Inc. News

Latest updates

Cadre Holdings, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)															(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Revenue	-0.4%	125	125	121	112	124	112	118	104	104	99.00	115	111	108	106	-
Gross Profit	-7.2%	50.00	54.00	51.00	47.00	49.00	44.00	43.00	40.00	39.00	39.00	48.00	44.00	-	40.00	-
Operating Expenses	0.6%	37.00	37.00	35.00	35.00	36.00	33.00	35.00	55.00	30.00	28.00	33.00	29.00	-	27.00	-
S&GA Expenses	-3.9%	35.00	36.00	34.00	35.00	35.00	32.00	33.00	54.00	28.00	28.00	31.00	28.00	-	27.00	-
EBITDA Margin	-3.1%	0.15*	0.16*	0.14*	0.13*	0.07*	0.06*	0.03*	0.05*	0.12*	0.16*	0.16*	0.16*	0.17*	-	-
Interest Expenses	-25.1%	1.00	1.00	1.00	2.00	2.00	2.00	1.00	1.00	2.00	3.00	6.00	5.00	-	6.00	-
Income Taxes	-34.3%	3.00	4.00	4.00	3.00	6.00	2.00	2.00	-6.01	3.00	-2.12	3.00	3.00	-	0.00	-
Earnings Before Taxes	-19.1%	12.00	15.00	15.00	10.00	13.00	7.00	6.00	-16.18	7.00	-7.43	9.00	10.00	-	7.00	-
EBT Margin	-0.7%	0.11*	0.11*	0.10*	0.08*	0.02*	0.01*	-0.03*	-0.02*	0.04*	0.07*	0.07*	0.07*	0.07*	-	-
Net Income	-13.2%	10.00	11.00	11.00	7.00	7.00	5.00	4.00	-10.16	4.00	-5.31	7.00	7.00	16.00	6.00	-
Net Income Margin	8.2%	0.08*	0.07*	0.06*	0.05*	0.01*	0.01*	-0.02*	-0.01*	0.03*	0.06*	0.09*	0.10*	0.10*	-	-
Free Cashflow	51.5%	24.00	16.00	14.00	12.00	15.00	4.00	15.00	8.00	8.00	2.00	11.00	16.00	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet														(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4
Assets	2.5%	431	421	400	389	392	375	369	321	312	302	296	290	283	307
Current Assets	3.9%	246	237	212	198	197	188	175	144	160	144	-	-	117	143
Cash Equivalents	26.3%	88.00	69.00	56.00	48.00	45.00	36.00	29.00	10.00	34.00	15.00	15.00	17.00	3.00	3.00
Inventory	-1.9%	81.00	83.00	83.00	76.00	70.00	79.00	77.00	69.00	64.00	71.00	-	-	61.00	62.00
Net PPE	2.3%	45.00	44.00	45.00	45.00	45.00	46.00	47.00	36.00	33.00	34.00	-	-	35.00	36.00
Goodwill	0.6%	82.00	81.00	82.00	81.00	82.00	77.00	78.00	73.00	66.00	66.00	-	-	66.00	66.00
Liabilities	1.5%	234	231	219	220	226	219	223	225	223	295	288	281	274	337
Current Liabilities	6.1%	95.00	90.00	78.00	75.00	79.00	74.00	76.00	76.00	75.00	78.00	-	-	62.00	63.00
Long Term Debt	-1.9%	128	130	133	135	137	140	142	145	147	213	-	-	209	270
LT Debt, Current	-7.0%	12.00	13.00	10.00	11.00	12.00	13.00	10.00	12.00	13.00	13.00	-	-	3.00	4.00
LT Debt, Non Current	-1.9%	128	130	133	135	137	140	142	145	147	213	-	-	209	270
Shareholder's Equity	3.8%	197	190	181	169	166	157	146	96.00	89.00	7.00	23.00	16.00	9.00	-
Retained Earnings	29.0%	-16.11	-22.69	-30.74	-38.72	-42.74	-46.35	-48.30	-49.97	-37.05	-38.59	-	-	-36.96	-75.42
Additional Paid-In Capital	1.0%	213	211	208	206	207	204	195	145	128	49.00	-	-	49.00	49.00
Accumulated Depreciation	4.0%	51.00	49.00	47.00	45.00	43.00	41.00	40.00	39.00	37.00	38.00	-	-	34.00	28.00
Shares Outstanding	0.0%	38.00	38.00	38.00	38.00	37.00	37.00	35.00	34.00	29.00	27.00	27.00	27.00	27.00	-
Float	-	-	-	300	-	-	-	366	-	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)															(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Cashflow From Operations	49.8%	26,949	17,991	15,547	12,722	16,908	4,483	16,102	8,916	9,105	2,282	11,875	16,832	-	-	-
Share Based Compensation	4.5%	2,308	2,208	2,105	2,747	2,870	2,661	2,739	23,588	-	-	-	-	-	-	-
Cashflow From Investing	-34.4%	-2,478	-1,844	-1,618	-580	-1,649	-465	-36,775	-20,737	-607	-719	-718	-788	-	-	-
Cashflow From Financing	-187.1%	-6,538	-2,277	-6,604	-9,303	-6,747	3,855	40,312	-12,957	9,763	-1,426	-13,443	-1,490	-	-	-
Dividend Payments	0.0%	3,007	3,006	3,007	2,986	2,988	2,988	2,783	2,750	-	-	-	-	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

CDRE Income Statement

2023-12-31

Consolidated Statements of Operations and Comprehensive Income - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Consolidated Statements of Operations and Comprehensive Income
Net sales	$ 482,532,000	$ 457,837,000	$ 427,288,000
Cost of goods sold	281,806,000	282,159,000	256,598,000
Gross profit	200,726,000	175,678,000	170,690,000
Operating expenses
Selling, general and administrative	140,519,000	153,129,000	114,962,000
Restructuring and transaction costs	2,192,000	4,355,000	3,430,000
Related party expense	1,496,000	1,478,000	579,000
Total operating expenses	144,207,000	158,962,000	118,971,000
Operating income	56,519,000	16,716,000	51,719,000
Other expense
Interest expense	(4,531,000)	(6,206,000)	(16,425,000)
Loss on extinguishment of debt			(15,155,000)
Other income (expense), net	936,000	(1,137,000)	(947,000)
Total other expense, net	(3,595,000)	(7,343,000)	(32,527,000)
Income before provision for income taxes	52,924,000	9,373,000	19,192,000
Provision for income taxes	(14,283,000)	(3,553,000)	(6,531,000)
Net income	$ 38,641,000	$ 5,820,000	$ 12,661,000
Net income per share:
Basic	$ 1.03	$ 0.16	$ 0.44
Diluted	$ 1.02	$ 0.16	$ 0.44
Weighted average shares outstanding:
Basic	37,533,818	36,109,844	28,598,692
Diluted	37,920,488	36,122,374	28,598,692
Net income	$ 38,641,000	$ 5,820,000	$ 12,661,000
Other comprehensive income:
Unrealized holding gains on interest rate swaps, net of tax(1)	775,000	6,444,000	767,000
Reclassification adjustments for (gains) losses included in net income (loss), net of tax(2)	(3,157,000)	(618,000)	146,000
Total unrealized (loss) gain on interest rate swaps, net of tax	(2,382,000)	5,826,000	913,000
Foreign currency translation adjustments, net of tax(3)	929,000	(1,822,000)	30,000
Other comprehensive (loss) income	(1,453,000)	4,004,000	943,000
Comprehensive income, net of tax	$ 37,188,000	$ 9,824,000	$ 13,604,000

CDRE Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 87,691,000	$ 45,286,000
Accounts receivable, net	58,360,000	64,557,000
Inventories	80,976,000	70,273,000
Prepaid expenses	11,930,000	10,091,000
Other current assets	6,886,000	6,811,000
Total current assets	245,843,000	197,018,000
Property and equipment, net	44,647,000	45,285,000
Operating lease assets	6,554,000	8,489,000
Deferred tax assets, net	4,004,000	2,255,000
Intangible assets, net	43,472,000	50,695,000
Goodwill	81,667,000	81,576,000
Other assets	4,992,000	6,634,000
Total assets	431,179,000	391,952,000
Current liabilities
Accounts payable	28,418,000	23,406,000
Accrued liabilities	44,524,000	38,720,000
Income tax payable	9,944,000	4,584,000
Current portion of long-term debt	12,320,000	12,211,000
Total current liabilities	95,206,000	78,921,000
Long-term debt	127,812,000	137,476,000
Long-term operating lease liabilities	3,186,000	4,965,000
Deferred tax liabilities	4,843,000	3,508,000
Other liabilities	2,970,000	1,192,000
Total liabilities	234,017,000	226,062,000
Commitments and contingencies (Note 14)
Mezzanine equity
Preferred stock ($0.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of December 31, 2023 and December 31, 2022)
Shareholders' equity
Common stock ($0.0001 par value, 190,000,000 shares authorized, 37,587,436 and 37,332,271 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively)	4,000	4,000
Additional paid-in capital	212,630,000	206,540,000
Accumulated other comprehensive income	634,000	2,087,000
Accumulated deficit	(16,106,000)	(42,741,000)
Total shareholders' equity	197,162,000	165,890,000
Total liabilities, mezzanine equity and shareholders' equity	$ 431,179,000	$ 391,952,000

About Cadre Holdings, Inc.

Cadre Holdings, Inc. manufactures and distributes safety and survivability equipment that provides protection to users in hazardous or life-threatening situations in the United States and internationally. The company operates in two segments, Products and Distribution. It offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective and law enforcement equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products. The company also offers third-party products, such as uniforms, optics, boots, firearms, and ammunition. It serves first responders, such as state and local law enforcement, fire and rescue, explosive ordnance disposal technicians, emergency medical technicians, fishing, and wildlife enforcement and departments of corrections, as well as federal agencies including the U.S. Department of State, U.S. Department of Defense, U.S. Department of Interior, U.S. Department of Justice, U.S. Department of Homeland Security, U.S. Department of Corrections, and various foreign government agencies. Cadre Holdings, Inc. was founded in 1964 and is headquartered in Jacksonville, Florida.

CEO	Mr. Warren B. Kanders
WEBSITE	cadre-holdings.com
INDUSTRY	Aerospace & Defense
EMPLOYEES	2274

Cadre Holdings, Inc. Frequently Asked Questions

What is the ticker symbol for Cadre Holdings, Inc.? What does CDRE stand for in stocks?

CDRE is the stock ticker symbol of Cadre Holdings, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cadre Holdings, Inc. (CDRE)?

As of Tue Apr 30 2024, market cap of Cadre Holdings, Inc. is 1.25 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CDRE stock?

You can check CDRE's fair value in chart for subscribers.

What is the fair value of CDRE stock?

You can check CDRE's fair value in chart for subscribers. The fair value of Cadre Holdings, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cadre Holdings, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CDRE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cadre Holdings, Inc. a good stock to buy?

The fair value guage provides a quick view whether CDRE is over valued or under valued. Whether Cadre Holdings, Inc. is cheap or expensive depends on the assumptions which impact Cadre Holdings, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CDRE.

What is Cadre Holdings, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 30 2024, CDRE's PE ratio (Price to Earnings) is 32.44 and Price to Sales (PS) ratio is 2.6. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CDRE PE ratio will change depending on the future growth rate expectations of investors.