Cadre Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Cadre Holdings, Inc. (NYSE:CDRE) just released its second-quarter report and things are looking bullish. It was overall a positive result, with revenues beating expectations by 2.5% to hit US$157m. Cadre Holdings reported statutory earnings per share (EPS) US$0.30, which was a notable 14% above what the analysts had forecast. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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After the latest results, the seven analysts covering Cadre Holdings are now predicting revenues of US$628.6m in 2025. If met, this would reflect a notable 9.8% improvement in revenue compared to the last 12 months. Per-share earnings are expected to bounce 32% to US$1.24. Before this earnings report, the analysts had been forecasting revenues of US$630.5m and earnings per share (EPS) of US$1.24 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

See our latest analysis for Cadre Holdings

There were no changes to revenue or earnings estimates or the price target of US$41.83, suggesting that the company has met expectations in its recent result. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic Cadre Holdings analyst has a price target of US$50.00 per share, while the most pessimistic values it at US$35.00. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The analysts are definitely expecting Cadre Holdings' growth to accelerate, with the forecast 21% annualised growth to the end of 2025 ranking favourably alongside historical growth of 9.9% per annum over the past three years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 8.1% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Cadre Holdings to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Cadre Holdings going out to 2027, and you can see them free on our platform here..

It is also worth noting that we have found 2 warning signs for Cadre Holdings (1 is a bit unpleasant!) that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.