CDRE Stock - Cadre Holdings, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $567.56M | $482.53M | $457.84M | $427.29M | $404.64M |
| Gross Profit | $233.48M | $200.73M | $175.68M | $170.69M | $152.94M |
| Gross Margin | 41.1% | 41.6% | 38.4% | 39.9% | 37.8% |
| Operating Income | $66.76M | $56.52M | $16.72M | $51.72M | $49.80M |
| Net Income | $36.13M | $38.64M | $5.82M | $12.66M | $38.45M |
| Net Margin | 6.4% | 8.0% | 1.3% | 3.0% | 9.5% |
| EPS | $0.90 | $1.03 | $0.16 | $0.44 | $1.15 |
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 primarily provides body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brands; 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. The company was founded in 1964 and is headquartered in Jacksonville, Florida.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| August 13th 2025 | BofA Securities | Downgrade | Underperform | $26 |
| June 13th 2025 | BofA Securities | Downgrade | Neutral | $38 |
| February 21st 2024 | ROTH MKM | Reiterated | Buy | $38← $32 |
| January 22nd 2024 | Raymond James | Downgrade | Market Perform | - |
| September 6th 2022 | BofA Securities | Initiation | Buy | $30 |
| August 31st 2022 | Jefferies | Initiation | Buy | $32 |
Earnings History & Surprises
CDREEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 4, 2026 | — | — | — | — |
Q1 2026 | Mar 10, 2026 | $0.41 | — | — | — |
Q4 2025 | Nov 4, 2025 | $0.26 | $0.27 | +3.8% | ✓ BEAT |
Q3 2025 | Aug 5, 2025 | $0.25 | $0.30 | +20.0% | ✓ BEAT |
Q2 2025 | May 6, 2025 | $0.13 | $0.23 | +76.9% | ✓ BEAT |
Q1 2025 | Mar 11, 2025 | $0.48 | $0.32 | -33.3% | ✗ MISS |
Q4 2024 | Nov 6, 2024 | $0.06 | $0.09 | +50.0% | ✓ BEAT |
Q3 2024 | Aug 9, 2024 | $0.27 | $0.31 | +14.8% | ✓ BEAT |
Q2 2024 | May 7, 2024 | $0.23 | $0.18 | -21.7% | ✗ MISS |
Q1 2024 | Mar 5, 2024 | $0.18 | $0.25 | +38.9% | ✓ BEAT |
Q4 2023 | Nov 8, 2023 | $0.21 | $0.29 | +38.1% | ✓ BEAT |
Q3 2023 | Aug 8, 2023 | $0.18 | $0.29 | +61.1% | ✓ BEAT |
Q2 2023 | May 9, 2023 | $0.15 | $0.19 | +26.7% | ✓ BEAT |
Q1 2023 | Mar 15, 2023 | $0.21 | $0.17 | -19.0% | ✗ MISS |
Q4 2022 | Nov 10, 2022 | $0.20 | $0.13 | -35.0% | ✗ MISS |
Q3 2022 | Aug 11, 2022 | $0.20 | $0.12 | -40.0% | ✗ MISS |
Q2 2022 | May 12, 2022 | $0.19 | $-0.30 | -257.9% | ✗ MISS |
Q1 2022 | Mar 10, 2022 | $0.18 | $0.14 | -22.2% | ✗ MISS |
Q4 2021 | Dec 2, 2021 | $-0.17 | $0.25 | +247.1% | ✓ BEAT |
Q2 2021 | Jun 30, 2021 | — | $0.20 | — | — |
Latest News
Cadre Holdings' Med-Eng Unit Awarded Five-Year, $50M Value U.S. Department of War's Contract To Deliver, Support Blast Exposure Monitoring Program
📈 PositiveCadre Hldgs Affirms FY2025 Sales Guidance of $624.000M-$630.000M vs $626.254M Est
➖ NeutralCadre Hldgs Q3 EPS $0.27 Beats $0.26 Estimate, Sales $155.869M Miss $157.963M Estimate
➖ NeutralCadre Holdings' Subsidiary Safariland To Acquire Tactical Gear Company Group For $145M Plus Up To $25M Earn-Out
📈 PositiveCadre Holdings To Acquire TYR Tactical For $175M, Marking Major Expansion Into European Military And Defense Markets
📈 PositiveLake Street Maintains Buy on Cadre Hldgs, Raises Price Target to $43
📈 PositiveFrequently Asked Questions about CDRE
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