Cadeler A/S (NYSE:CDLR) PT Raised to $37.00 at Stifel Nicolaus

Cadeler A/S (NYSE:CDLR) had its price target increased by Stifel Nicolaus from $34.00 to $37.00 in a research report sent to investors on Monday, Benzinga reports. They currently have a buy rating on the stock.

Cadeler A/S Trading Down 1.3 %

Shares of Cadeler A/S stock opened at $24.94 on Monday. The business has a 50-day simple moving average of $21.68. The company has a quick ratio of 3.51, a current ratio of 3.53 and a debt-to-equity ratio of 0.24. Cadeler A/S has a twelve month low of $16.29 and a twelve month high of $26.00.

Cadeler A/S (NYSE:CDLR) last issued its quarterly earnings data on Tuesday, May 28th. The company reported ($0.26) EPS for the quarter, beating the consensus estimate of ($0.37) by $0.11. The company had revenue of $20.70 million during the quarter, compared to the consensus estimate of $14.36 million. Analysts predict that Cadeler A/S will post 0.69 EPS for the current fiscal year.

Institutional Trading of Cadeler A/S

Several hedge funds have recently bought and sold shares of CDLR. Pale Fire Capital SE purchased a new position in shares of Cadeler A/S in the 4th quarter worth about $2,803,000. Privium Fund Management UK Ltd bought a new stake in Cadeler A/S during the 4th quarter valued at $1,337,000. Cowen AND Company LLC bought a new position in shares of Cadeler A/S in the fourth quarter worth $1,566,000. Segantii Capital Management Ltd bought a new stake in shares of Cadeler A/S during the 4th quarter valued at about $9,241,000. Finally, F M Investments LLC bought a new position in shares of Cadeler A/S in the 4th quarter worth $5,331,000. Institutional investors and hedge funds own 53.03% of the company’s stock.

Cadeler A/S Company Profile

Cadeler A/S operates as an offshore wind farm transportation and installation contractor in Denmark. It also provides wind farm construction, maintenance, decommissioning, and other tasks within the offshore industry, as well as marine and engineering services. The company owns and operates four offshore jack-up windfarm installation vessels.