Cadeler A/S (NYSE:CDLR) Posts Earnings Results, Misses Estimates By $0.24 EPS

Cadeler A/S (NYSE:CDLR) announced its quarterly earnings results on Wednesday. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.24), FiscalAI reports. The company had revenue of $144.38 million during the quarter, compared to analysts’ expectations of $174.30 million. Cadeler A/S had a net margin of 45.35% and a return on equity of 20.60%.

Cadeler A/S Stock Performance

NYSE:CDLR opened at $26.29 on Wednesday. The company has a current ratio of 1.11, a quick ratio of 1.10 and a debt-to-equity ratio of 1.00. The firm has a 50-day moving average price of $25.64 and a two-hundred day moving average price of $22.49. Cadeler A/S has a twelve month low of $15.37 and a twelve month high of $30.01. The company has a market capitalization of $2.31 billion, a P/E ratio of 7.30 and a beta of 0.68.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Cadeler A/S in a report on Wednesday, January 21st. Fearnley Fonds upgraded shares of Cadeler A/S to a “hold” rating in a report on Monday, March 23rd. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Hedge Funds Weigh In On Cadeler A/S

Hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new position in Cadeler A/S during the 2nd quarter valued at about $34,000. Rhumbline Advisers increased its holdings in Cadeler A/S by 45.2% during the 1st quarter. Rhumbline Advisers now owns 2,167 shares of the company’s stock valued at $43,000 after acquiring an additional 675 shares in the last quarter. Bank of America Corp DE increased its holdings in Cadeler A/S by 10,418.8% during the 2nd quarter. Bank of America Corp DE now owns 3,366 shares of the company’s stock valued at $67,000 after acquiring an additional 3,334 shares in the last quarter. Barclays PLC purchased a new position in Cadeler A/S during the 4th quarter valued at about $119,000. Finally, Jane Street Group LLC purchased a new stake in shares of Cadeler A/S during the fourth quarter worth about $206,000. 53.03% of the stock is currently owned by hedge funds and other institutional investors.

About Cadeler A/S

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.