How to Buy Cadre Holdings Stock
Cadre Holdings Inc
Cadre Holdings is a defense company located in Florida, United States, which is part of the Industrials sector, and is traded under the ticker CDRE on the NYSE exchange.
Cadre Holdings stock last closed at $33.10, down 0.99% from the previous day, and has increased 58.37% in one year. It has overperformed other stocks in the Aerospace & Defense industry by 0.5 percentage points. Cadre Holdings stock is currently +73.03% from its 52-week low of $19.13, and -16.84% from its 52-week high of $39.81.
There are currently 37.59M CDRE shares outstanding. The market cap of CDRE is $1.24B. In the past 24 hours, 223,802 CDRE shares were traded.
How to Buy Cadre Holdings Stock
Wondering how to invest in Cadre Holdings stock? Here's how.
- Choose where to buy Cadre Holdings stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Cadre Holdings stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select your method of payment and add your info.
- Evaluate Cadre Holdings stock: The Cadre Holdings ticker symbol is CDRE. Is Cadre Holdings stock a good investment? Should you buy shares of CDRE? How do CDRE's underlying business fundamentals look? Do top analysts think Cadre Holdings is a good buy? Why has CDRE's stock price moved recently? (Hint: Our stock market research website can help you decide if CDRE is a good stock to buy).
- Make your CDRE purchase: Decide if you will purchase CDRE shares at the current market price or use a limit order to buy CDRE shares at a given price.
- Watch your CDRE investment: Create a watchlist to get the latest news on your position in Cadre Holdings shares.
Step 1: Choose where to buy Cadre Holdings stock
You will need an online brokerage account to access the NYSE market and buy CDRE shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best place to buy stocks. Here's why:
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked your brokerage, you need to fill out some personal details so you are able to buy CDRE stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create a new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have created your account on stock market apps, you need to deposit funds:
Watch the tutorial below if you need help depositing money into your investment account.
Step 4: Evaluate Cadre Holdings stock
After you have identified the best place to buy Cadre Holdings stock, it's critical to research their stock prior to investing, so you can comprehend the risk as well as the opportunity.
Overview of key CDRE info
CDRE Overview
WallStreetZen was built to help part-time investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on CDRE's stock page.
What is the fair value of CDRE stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CDRE's true value.
Using relative valuations methods:
- CDRE may be overvalued based on its P/E ratio of 32.14x, relative to Aerospace & Defense industry P/E ratio of 24x
- CDRE could be overvalued based on its P/B ratio of 6.31x, relative to Aerospace & Defense industry P/B ratio of 5.36x
You can do more valuation analysis on CDRE's stock here.
CDRE Financial Overview
Positive Financial Indicators:
- CDRE profit margin has gone up from 1.3% to 8% in the past year.
- There are more short-term assets than short-term liabilities on the CDRE balance sheet.
- CDRE earnings of $57.46M is not sufficient to cover its interest payments.
- CDRE's operating cash flow of $73.21M allows it to safely service it's debt of $143.32M.
- There are more short-term assets than long-term liabilities on the CDRE balance sheet.
Negative Financial Indicators:
- CDRE has a relatively high debt to equity ratio of 1.19.
Is it a good time to buy Cadre Holdings stock, according to Wall Street analysts?
Out of 4 Wall Street analysts who give forecasts on CDRE, the consensus analyst rating on CDRE is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Cadre Holdings stock forecast page.
CDRE Technical Indicators
CDRE Growth Numbers
Last year, CDRE earnings were $38.64M. During the past three year, CDRE's earnings have grown by -64.17% per year. This was slower than the Aerospace & Defense industry average of 0.13%.
Last year, CDRE revenue was $482.53M. In the past four year, CDRE's revenue has gone up by 3.49% per year. This was slower than the Aerospace & Defense industry average of 7.41%.
Find out more about CDRE's earnings and revenue performance here.
Latest Insiders Trades at CDRE
Over the last 12 months, insiders at CDRE have sold more shares than they have bought.
Warren B. Kanders, CEO AND CHAIRMAN of CDRE, was the latest CDRE insider to sell. They sold $50,334,445.00 worth of CDRE shares on Mar 19, 2024.
Get more info about who owns CDRE shares here.
Does CDRE stock generate passive income?
No, Cadre Holdings doesn't provide an income stream by paying out dividends.
CDRE Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your CDRE purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount limit, use a limit order.
Press the Open button and eToro will execute your order.
If you need additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your CDRE investment
Now that you own some shares in CDRE, you'll want to keep up with your stock purchase.
Make a watchlist to get notified of the latest news about your CDRE stock.
CDRE Feed
How to Buy Stock in Cadre Holdings
To summarize, here are the 6 steps to buy stock in Cadre Holdings:
- Choose where to buy Cadre Holdings stock
- Create your brokerage account
- Deposit money your brokerage account
- Evaluate Cadre Holdings stock
- Make your CDRE purchase
- Watch your CDRE investment
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your investment in Cadre Holdings, get started below.
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