Analyzing Cadre (CDRE) and Its Peers

Cadre (NYSE:CDRE) is one of 229 public companies in the “Aerospace & Defense” industry, but how does it compare to its competitors? We will compare Cadre to similar companies based on the strength of its risk, profitability, institutional ownership, earnings, valuation, dividends and analyst recommendations.

Valuation and Earnings

This table compares Cadre and its competitors gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Cadre	$610.31 million	$44.14 million	37.00
Cadre Competitors	$8.46 billion	$569.54 million	25.17

Cadre’s competitors have higher revenue and earnings than Cadre. Cadre is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Cadre and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Cadre	5.26%	12.02%	4.80%
Cadre Competitors	-286.74%	-46.93%	-4.23%

Risk and Volatility

Cadre has a beta of 1.29, suggesting that its share price is 29% more volatile than the S&P 500. Comparatively, Cadre’s competitors have a beta of 1.30, suggesting that their average share price is 30% more volatile than the S&P 500.

Institutional and Insider Ownership

44.0% of Cadre shares are held by institutional investors. Comparatively, 49.5% of shares of all “Aerospace & Defense” companies are held by institutional investors. 30.1% of Cadre shares are held by company insiders. Comparatively, 11.9% of shares of all “Aerospace & Defense” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Dividends

Cadre pays an annual dividend of $0.40 per share and has a dividend yield of 1.3%. Cadre pays out 47.1% of its earnings in the form of a dividend. As a group, “Aerospace & Defense” companies pay a dividend yield of 1.1% and pay out 39.3% of their earnings in the form of a dividend. Cadre has raised its dividend for 2 consecutive years.

Analyst Recommendations

This is a breakdown of recent recommendations for Cadre and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Cadre	0	2	6	1	2.89
Cadre Competitors	2150	8236	12723	577	2.50

Cadre presently has a consensus target price of $43.33, indicating a potential upside of 37.80%. As a group, “Aerospace & Defense” companies have a potential upside of 25.06%. Given Cadre’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Cadre is more favorable than its competitors.

Summary

Cadre beats its competitors on 10 of the 15 factors compared.

Cadre Company Profile

Cadre Holdings, Inc. manufactures and distributes safety 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 offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; 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 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, the Department of Energy, Los Alamos National Laboratories, Waste Isolation Plant, and various foreign government agencies. Cadre Holdings, Inc. was founded in 1964 and is headquartered in Jacksonville, Florida.