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Investing.com - Roth/MKM has lowered its price target on Cadre Holdings Inc. (NYSE:CDRE) to $35 from $40 while maintaining a Buy rating on the stock. The company’s shares, currently trading at $29.31, have declined over 12% in the past week, according to InvestingPro data.
The adjustment follows Cadre’s mixed second-quarter performance, which showed modest sales outperformance against consensus expectations but weaker-than-expected gross margins, according to Roth/MKM analyst notes.
The company’s adjusted EBITDA missed consensus estimates, though it slightly exceeded Roth/MKM’s own projections, which were already at the lower end of market expectations.
Cadre management has reduced its 2025 sales and adjusted EBITDA outlook, citing broad-based delays in large orders across most of its end markets, including duty gear, armor, EOD (explosive ordnance disposal), and nuclear sectors.
Roth/MKM has consequently lowered its estimates for Cadre to reflect the company’s softer 2025 guidance, while maintaining its overall positive view on the stock with the Buy rating.
In other recent news, Cadre Holdings Inc. reported a strong performance in the second quarter of 2025, surpassing analysts’ expectations. The company posted an earnings per share (EPS) of $0.30, outperforming the forecasted $0.26, resulting in a 15.38% earnings surprise. Revenue figures also came in higher than anticipated, with Cadre Holdings generating $157.1 million compared to the expected $153.61 million. These results indicate a positive financial trajectory for the company, despite market reactions. The stock experienced a decline, but this development is not covered in the scope of this article. The earnings report highlights significant achievements for Cadre Holdings in terms of financial performance. Investors may find these results noteworthy as they reflect the company’s ability to exceed market expectations. While the stock movement is not discussed here, the earnings and revenue figures provide a factual basis for evaluating Cadre Holdings’ recent performance.
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