Cadeler A/S (NYSE:CDLR) Stock Rating Upgraded by Wall Street Zen

Cadeler A/S (NYSE:CDLRGet Free Report) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Cadeler A/S in a research report on Tuesday, August 18th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Check Out Our Latest Report on Cadeler A/S

Cadeler A/S Trading Up 0.1%

Shares of Cadeler A/S stock opened at $25.08 on Friday. Cadeler A/S has a 52-week low of $15.37 and a 52-week high of $30.01. The firm has a market capitalization of $2.42 billion, a PE ratio of 9.99 and a beta of 0.66. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.62 and a quick ratio of 1.61. The company’s fifty day moving average price is $22.93 and its two-hundred day moving average price is $24.49.

Cadeler A/S (NYSE:CDLRGet Free Report) last posted its earnings results on Tuesday, August 25th. The company reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.21. The business had revenue of $322.76 million for the quarter, compared to analysts’ expectations of $280.45 million. Cadeler A/S had a net margin of 27.45% and a return on equity of 12.58%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CDLR. Barclays PLC acquired a new stake in Cadeler A/S during the 4th quarter valued at $119,000. Jane Street Group LLC bought a new stake in shares of Cadeler A/S during the fourth quarter worth $206,000. Bank of America Corp DE grew its holdings in shares of Cadeler A/S by 17.7% during the third quarter. Bank of America Corp DE now owns 3,963 shares of the company’s stock worth $82,000 after purchasing an additional 597 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Cadeler A/S during the second quarter worth $34,000. Finally, Cetera Investment Advisers acquired a new stake in shares of Cadeler A/S in the second quarter valued at $375,000. 53.03% of the stock is owned by institutional investors and hedge funds.

Cadeler A/S Company Profile

(Get Free Report)

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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