Cadeler A/S (NYSE:CDLR) Hits New 52-Week High - Still a Buy?

Key Points

• Cadeler A/S (NYSE:CDLR) traded as high as $26.90 on Tuesday, marking a new 52-week high, and was last at $26.88 (up about 2.7%).
• The company delivered an earnings beat, reporting $0.65 EPS vs. $0.42 expected and revenue of $196.49M vs. $170.48M, with a net margin of 45.35% and ROE of 20.6%.
• Analysts hold a consensus “Hold” rating (three analysts), while institutional ownership is 53.03%, led by large stake increases from firms including Invesco.

Cadeler A/S Sponsored ADR (NYSE:CDLR - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $26.90 and last traded at $26.88, with a volume of 12649 shares. The stock had previously closed at $26.07.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Fearnley Fonds upgraded shares of Cadeler A/S to a "hold" rating in a research report on Monday, March 23rd. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Cadeler A/S in a research note on Wednesday, January 21st. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Cadeler A/S currently has a consensus rating of "Hold".

Cadeler A/S Stock Up 2.7%

The company's 50 day moving average price is $24.67 and its 200 day moving average price is $21.26. The company has a quick ratio of 1.10, a current ratio of 1.11 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $2.35 billion, a price-to-earnings ratio of 7.44 and a beta of 0.34.

Cadeler A/S (NYSE:CDLR - Get Free Report) last posted its quarterly earnings data on Tuesday, March 24th. The company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.42 by $0.23. Cadeler A/S had a net margin of 45.35% and a return on equity of 20.60%. The business had revenue of $196.49 million during the quarter, compared to the consensus estimate of $170.48 million. As a group, research analysts forecast that Cadeler A/S Sponsored ADR will post 0.69 earnings per share for the current fiscal year.

Institutional Trading of Cadeler A/S

Several large investors have recently bought and sold shares of the business. ABC Arbitrage SA purchased a new stake in shares of Cadeler A/S in the 4th quarter valued at approximately $272,000. Rhumbline Advisers boosted its position in shares of Cadeler A/S by 45.2% during the 1st quarter. Rhumbline Advisers now owns 2,167 shares of the company's stock worth $43,000 after purchasing an additional 675 shares during the period. Invesco Ltd. boosted its position in shares of Cadeler A/S by 50.0% during the 4th quarter. Invesco Ltd. now owns 644,239 shares of the company's stock worth $11,976,000 after purchasing an additional 214,683 shares during the period. Valueworks LLC boosted its position in shares of Cadeler A/S by 0.3% during the 4th quarter. Valueworks LLC now owns 529,584 shares of the company's stock worth $9,845,000 after purchasing an additional 1,791 shares during the period. Finally, Marshall Wace LLP boosted its position in shares of Cadeler A/S by 30.7% during the 2nd quarter. Marshall Wace LLP now owns 85,440 shares of the company's stock worth $1,698,000 after purchasing an additional 20,079 shares during the period. Hedge funds and other institutional investors own 53.03% of the company's stock.

Cadeler A/S Company Profile

Cadeler A/S is a Denmark-based specialist in offshore wind turbine installation and related services. The company operates a fleet of dynamically positioned (DP3) self-propelled jack-up vessels designed for the transportation, installation and commissioning of foundation structures, turbine towers, nacelles and blades. Cadeler's capabilities encompass project planning, logistics coordination and offshore operations, enabling wind farm developers to deploy large-scale turbines in challenging marine environments.

The company's two flagship vessels, Wind Orca and Wind Osprey, are equipped to work in water depths of up to 70 meters and to handle the installation of next-generation turbines.

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