Cadeler A/S (NYSE:CDLR) Issues Quarterly Earnings Results, Beats Expectations By $0.19 EPS

Key Points

• Cadeler A/S beat quarterly expectations: The company reported EPS of $1.14, exceeding the $0.95 consensus by $0.19, while revenue of $320.73 million topped estimates of $280.45 million.
• Shares opened at $23.99 and rose 0.3%; the stock has a $2.32 billion market capitalization and trades at a P/E ratio of 6.91.
• Analysts maintain a consensus “Hold” rating, while institutional investors own 53.03% of the company’s shares.

Cadeler A/S (NYSE:CDLR - Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $1.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.19, FiscalAI reports. Cadeler A/S had a return on equity of 18.00% and a net margin of 39.61%.The firm had revenue of $320.73 million during the quarter, compared to the consensus estimate of $280.45 million.

Cadeler A/S Stock Up 0.3%

Shares of NYSE:CDLR opened at $23.99 on Tuesday. Cadeler A/S has a 1-year low of $15.37 and a 1-year high of $30.01. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.31 and a quick ratio of 1.29. The stock has a market cap of $2.32 billion, a P/E ratio of 6.91 and a beta of 0.66. The firm has a fifty day moving average price of $22.65 and a 200 day moving average price of $24.45.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Cadeler A/S in a research report on Tuesday, August 18th. Wall Street Zen downgraded Cadeler A/S from a "hold" rating to a "sell" rating in a report on Sunday, July 5th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Cadeler A/S presently has a consensus rating of "Hold".

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in CDLR. Raymond James Financial Inc. purchased a new position in Cadeler A/S in the second quarter valued at about $34,000. Rhumbline Advisers boosted its stake 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 last quarter. Bank of America Corp DE grew its holdings in shares of Cadeler A/S by 10,418.8% during the second quarter. Bank of America Corp DE now owns 3,366 shares of the company's stock worth $67,000 after buying an additional 3,334 shares in the last quarter. Barclays PLC acquired a new position in Cadeler A/S in the 4th quarter valued at $119,000. Finally, Jane Street Group LLC purchased a new position in Cadeler A/S during the fourth quarter worth about $206,000. 53.03% of the stock is owned by hedge funds and other institutional investors.

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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