Breaking News

Over a month ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Syndicate
Cadre files to sell 27.5M shares of common stock for holders  17:20
12/22/21
12/22
17:20
12/22/21
17:20
CDRE

Cadre

$21.11 /

+0.53 (+2.58%)

 
ShowHide Related Items >><<
CDRE Cadre
$21.11 /

+0.53 (+2.58%)

CDRE Cadre
$21.11 /

+0.53 (+2.58%)

11/29/21 Lake Street
Cadre initiated with a Buy at Lake Street
11/29/21 B. Riley
Cadre initiated with a Buy, $26 target at B. Riley
11/29/21 Stifel
Cadre initiated with a Hold at Stifel
11/29/21 Stephens
Cadre initiated with an Overweight at Stephens
  • 04
    Nov
CDRE Cadre
$21.11 /

+0.53 (+2.58%)

Hot Stocks
Cadre to acquire Radar Leather Division, sees accretion » 06:31
12/22/21
12/22
06:31
12/22/21
06:31
CDRE

Cadre

$20.58 /

-0.38 (-1.81%)

Cadre announced today the…

Cadre announced today the signing of a definitive agreement to acquire the stock of Radar Leather Division from the leadership team of Pietro and Paolo Pellegrini. Pietro Pellegrini, CEO of Radar, and Paolo Pellegrini, VP of Radar, will remain with the business and partner with the team at Cadre to further grow and develop the business alongside Cadre's wholly owned subsidiary, Safariland LLC. Established in 1957 by Gisberto Pellegrini and based in Fucecchio, Italy, Radar is a family-owned duty gear business that specializes in the production of holsters, belts, duty belts, and other accessories. Radar generates the majority of its revenue in Europe, selling its products through distribution partners and directly to agencies. Terms of the transaction were not disclosed. The transaction is expected to close in January 2022, subject to the satisfaction of customary closing conditions.

ShowHide Related Items >><<
CDRE Cadre
$20.58 /

-0.38 (-1.81%)

CDRE Cadre
$20.58 /

-0.38 (-1.81%)

11/29/21 Lake Street
Cadre initiated with a Buy at Lake Street
11/29/21 B. Riley
Cadre initiated with a Buy, $26 target at B. Riley
11/29/21 Stifel
Cadre initiated with a Hold at Stifel
11/29/21 Stephens
Cadre initiated with an Overweight at Stephens
  • 04
    Nov
CDRE Cadre
$20.58 /

-0.38 (-1.81%)

Hot Stocks
Cadre falls -6.1% » 12:00
12/07/21
12/07
12:00
12/07/21
12:00
CDRE

Cadre

$20.76 /

-1.37 (-6.19%)

Cadre is down -6.1%, or…

Cadre is down -6.1%, or -$1.33 to $20.65.

ShowHide Related Items >><<
CDRE Cadre
$20.76 /

-1.37 (-6.19%)

CDRE Cadre
$20.76 /

-1.37 (-6.19%)

11/29/21 Lake Street
Cadre initiated with a Buy at Lake Street
11/29/21 B. Riley
Cadre initiated with a Buy, $26 target at B. Riley
11/29/21 Stifel
Cadre initiated with a Hold at Stifel
11/29/21 Stephens
Cadre initiated with an Overweight at Stephens
  • 04
    Nov
CDRE Cadre
$20.76 /

-1.37 (-6.19%)

Initiation
Cadre initiated with a Buy at Lake Street » 08:42
11/29/21
11/29
08:42
11/29/21
08:42
CDRE

Cadre

$19.40 /

-0.1 (-0.51%)

Lake Street analyst Mark…

Lake Street analyst Mark Smith initiated coverage of Cadre with a Buy rating and $24 price target. He thinks Cadre is well- positioned to benefit from rising police budgets, its competitive position and current tailwinds as "the only one-stop shop" for law enforcement body armor, duty belt gear, and holsters and as the primary provider for Explosive Ordinance Disposal, or EOD, equipment to worldwide militaries, Smith said. He also sees the recent IPO giving Cadre dry powder to make accretive acquisitions and expand "its already dominant market share," Smith added.

ShowHide Related Items >><<
CDRE Cadre
$19.40 /

-0.1 (-0.51%)

CDRE Cadre
$19.40 /

-0.1 (-0.51%)

11/29/21 B. Riley
Cadre initiated with a Buy, $26 target at B. Riley
11/29/21 Stifel
Cadre initiated with a Hold at Stifel
11/29/21 Stephens
Cadre initiated with an Overweight at Stephens
11/29/21 Raymond James
Raymond James starts 'undisputed market leader' Cadre at Outperform
  • 04
    Nov
CDRE Cadre
$19.40 /

-0.1 (-0.51%)

Initiation
Cadre initiated with a Buy, $26 target at B. Riley » 07:42
11/29/21
11/29
07:42
11/29/21
07:42
CDRE

Cadre

$19.40 /

-0.1 (-0.51%)

B. Riley analyst Jeff Van…

B. Riley analyst Jeff Van Sinderen initiated coverage of Cadre with a Buy rating and $26 price target. The analyst expects accelerating growth through acquisitions and views the company as an entrenched market share leader with a best-of-breed, life-saving safety and survivability product. He adds that Cadre's CEO with strong track record of creating substantial shareholder value.

ShowHide Related Items >><<
CDRE Cadre
$19.40 /

-0.1 (-0.51%)

CDRE Cadre
$19.40 /

-0.1 (-0.51%)

11/29/21 Stifel
Cadre initiated with a Hold at Stifel
11/29/21 Stephens
Cadre initiated with an Overweight at Stephens
11/29/21 Raymond James
Raymond James starts 'undisputed market leader' Cadre at Outperform
11/29/21 Raymond James
Cadre initiated with an Outperform at Raymond James
  • 04
    Nov
CDRE Cadre
$19.40 /

-0.1 (-0.51%)

Initiation
Cadre initiated with a Hold at Stifel » 07:17
11/29/21
11/29
07:17
11/29/21
07:17
CDRE

Cadre

$19.40 /

-0.1 (-0.51%)

Stifel analyst Bert Subin…

Stifel analyst Bert Subin initiated coverage of Cadre with a Hold rating and $20 price target. As a producer and distributor of safety products sold primarily to law enforcement and other first responders, Cadre currently holds significant market share across its verticals and has signaled a strategy is to be a consolidator within the safety market, Subin tells investors. If their inorganic growth strategy is successful, meaning the company acquires bolt-on companies at attractive multiples and shows an ability to demonstrate an expanding footprint outside the U.S., he sees potential valuation upside, Subin added, calling M&A "the long-term wildcard" for the company.

ShowHide Related Items >><<
CDRE Cadre
$19.40 /

-0.1 (-0.51%)

CDRE Cadre
$19.40 /

-0.1 (-0.51%)

11/29/21 Stephens
Cadre initiated with an Overweight at Stephens
11/29/21 Raymond James
Raymond James starts 'undisputed market leader' Cadre at Outperform
11/29/21 Raymond James
Cadre initiated with an Outperform at Raymond James
11/29/21 B. Riley
Cadre initiated with a Buy at B. Riley
  • 04
    Nov
CDRE Cadre
$19.40 /

-0.1 (-0.51%)

Initiation
Cadre initiated with an Overweight at Stephens » 07:09
11/29/21
11/29
07:09
11/29/21
07:09
CDRE

Cadre

$19.40 /

-0.1 (-0.51%)

Stephens analyst Daniel…

Stephens analyst Daniel Imbro initiated coverage of Cadre with an Overweight rating and $23 price target. The company's strong market share in key, recurring revenue categories gives it an attractive financial profile, said Imbro. He also thinks that while Cadre is not immune to supply chain challenges, its ability to successfully grow its adjusted EBITDA margins over the last few quarters show that it is navigating the current backdrop well. The company's low capital-intensity creates strong free cash flow and management has ample balance sheet flexibility to both pursue M&A and continue to grow its dividend, Imbro added.

ShowHide Related Items >><<
CDRE Cadre
$19.40 /

-0.1 (-0.51%)

CDRE Cadre
$19.40 /

-0.1 (-0.51%)

11/29/21 Raymond James
Raymond James starts 'undisputed market leader' Cadre at Outperform
11/29/21 Raymond James
Cadre initiated with an Outperform at Raymond James
11/29/21 B. Riley
Cadre initiated with a Buy at B. Riley
  • 04
    Nov
CDRE Cadre
$19.40 /

-0.1 (-0.51%)

Initiation
Raymond James starts 'undisputed market leader' Cadre at Outperform » 06:56
11/29/21
11/29
06:56
11/29/21
06:56
CDRE

Cadre

$19.40 /

-0.1 (-0.51%)

Raymond James analyst…

Raymond James analyst Brian Gesuale initiated coverage of Cadre with an Outperform rating and $25 price target, calling the company the "undisputed market leader" in safety and survivability equipment for first responders, military and commercial customers. Given what he projects as "highly visible" low-single-digit to mid-single-digit sales growth and several hundred basis points of margin expansion potential, Gesuale views Cadre's model as attractive, he added.

ShowHide Related Items >><<
CDRE Cadre
$19.40 /

-0.1 (-0.51%)

CDRE Cadre
$19.40 /

-0.1 (-0.51%)

11/29/21 Raymond James
Cadre initiated with an Outperform at Raymond James
11/29/21 B. Riley
Cadre initiated with a Buy at B. Riley
  • 04
    Nov
CDRE Cadre
$19.40 /

-0.1 (-0.51%)

Initiation
Cadre initiated with an Outperform at Raymond James » 06:30
11/29/21
11/29
06:30
11/29/21
06:30
CDRE

Cadre

$19.40 /

-0.1 (-0.51%)

Raymond James analyst…

Raymond James analyst Brian Gesuale initiated coverage of Cadre with an Outperform rating and $25 price target.

ShowHide Related Items >><<
CDRE Cadre
$19.40 /

-0.1 (-0.51%)

CDRE Cadre
$19.40 /

-0.1 (-0.51%)

11/29/21 B. Riley
Cadre initiated with a Buy at B. Riley
  • 04
    Nov
CDRE Cadre
$19.40 /

-0.1 (-0.51%)

Initiation
Cadre initiated with a Buy at B. Riley » 05:31
11/29/21
11/29
05:31
11/29/21
05:31
CDRE

Cadre

$19.40 /

-0.1 (-0.51%)

B. Riley initiated…

B. Riley initiated coverage of Cadre with a Buy rating and $26 price target.

ShowHide Related Items >><<
CDRE Cadre
$19.40 /

-0.1 (-0.51%)

  • 04
    Nov
CDRE Cadre
$19.40 /

-0.1 (-0.51%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.