Cadeler A/S (NYSE:CDLR) Lowered to “Sell” Rating by Wall Street Zen

Cadeler A/S (NYSE:CDLR) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Sunday.

Several other equities research analysts have also recently commented on the stock. Fearnley Fonds raised shares of Cadeler A/S to a “hold” rating in a research report on Monday, March 23rd. Weiss Ratings cut Cadeler A/S from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 21st. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Cadeler A/S Stock Performance

CDLR stock opened at $22.14 on Friday. Cadeler A/S has a 1-year low of $15.37 and a 1-year high of $30.01. The business’s 50-day moving average price is $25.12 and its two-hundred day moving average price is $23.83. The firm has a market cap of $2.14 billion, a PE ratio of 6.38 and a beta of 0.68. The company has a current ratio of 1.31, a quick ratio of 1.29 and a debt-to-equity ratio of 0.87.

Cadeler A/S (NYSE:CDLR) last announced its quarterly earnings results on Wednesday, May 20th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.24). The company had revenue of $144.38 million during the quarter, compared to the consensus estimate of $174.30 million. Cadeler A/S had a net margin of 39.61% and a return on equity of 18.00%.

Institutional Investors Weigh In On Cadeler A/S

Several large investors have recently made changes to their positions in CDLR. Cetera Investment Advisers grew its position in shares of Cadeler A/S by 25.4% in the 1st quarter. Cetera Investment Advisers now owns 33,250 shares of the company’s stock valued at $782,000 after acquiring an additional 6,741 shares during the period. Barclays PLC bought a new stake in shares of Cadeler A/S in the 4th quarter valued at about $119,000. Jane Street Group LLC acquired a new stake in Cadeler A/S in the 4th quarter valued at about $206,000. Bank of America Corp DE lifted its stake in Cadeler A/S by 17.7% in the 3rd quarter. Bank of America Corp DE now owns 3,963 shares of the company’s stock valued at $82,000 after purchasing an additional 597 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Cadeler A/S during the second quarter worth about $34,000. Institutional investors and hedge funds own 53.03% of the company’s stock.

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.