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

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

Cadeler A/S Stock Down 7.9%

CDLR stock opened at $26.29 on Wednesday. Cadeler A/S has a one year low of $15.37 and a one year high of $30.01. The stock has a market capitalization of $2.31 billion, a PE ratio of 7.30 and a beta of 0.68. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.10 and a current ratio of 1.11. The company has a fifty day moving average of $25.64 and a 200-day moving average of $22.49.

Institutional Trading of Cadeler A/S

Several hedge funds have recently made changes to their positions in the company. Invesco Ltd. lifted its stake in shares of Cadeler A/S by 50.0% in the 4th quarter. Invesco Ltd. now owns 644,239 shares of the company’s stock worth $11,976,000 after acquiring an additional 214,683 shares during the period. Valueworks LLC lifted its stake in shares of Cadeler A/S by 0.3% in the 4th quarter. Valueworks LLC now owns 529,584 shares of the company’s stock worth $9,845,000 after acquiring an additional 1,791 shares during the period. Marshall Wace LLP increased its holdings in shares of Cadeler A/S by 30.7% in the 2nd quarter. Marshall Wace LLP now owns 85,440 shares of the company’s stock valued at $1,698,000 after purchasing an additional 20,079 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Cadeler A/S by 1.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 72,547 shares of the company’s stock valued at $1,498,000 after purchasing an additional 985 shares in the last quarter. Finally, Jump Financial LLC purchased a new position in shares of Cadeler A/S in the 4th quarter valued at about $984,000. Institutional investors and hedge funds own 53.03% of the company’s stock.

Wall Street Analysts Forecast Growth

CDLR has been the subject of a number of recent research reports. Fearnley Fonds upgraded shares of Cadeler A/S to a “hold” rating in a research note on Monday, March 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Cadeler A/S in a research note on Wednesday, January 21st. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Cadeler A/S has an average rating of “Hold”.

Cadeler A/S Company Profile

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.