Streetbeat News

CDLR

Cadeler A/S

https://www.cadeler.com

Industry

Marine Shipping

Cadeler A/S operates as an offshore wind farm transportation and installation contractor in Denmark. It also provides wind farm maintenance, construction, 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. Cadeler A/S was incorporated in 2008 and is headquartered in Copenhagen, Denmark.

Open

23.71

Mkt cap

2.1B

Volume

26K

High

23.83

P/E Ratio

-62.18

52-wk high

28.75

Low

23.59

Div yield

N/A

52-wk low

16.29

Shares of companies within the broader industrial sector are trading lower amid overall market weakness following weak US data.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:47 pm

Stifel analyst Benjamin Nolan maintains a Buy rating on Cadeler (NYSE:CDLR) and raises the price target from $34 to $37.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 5:36 pm

Cadeler shares are trading higher after the company announced a contract to install 72 15MW wind turbines at Inch Cape Offshore Wind Farm.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:24 pm

Cadeler announced a contract to install 72 15MW wind turbines at the Inch Cape Offshore Wind Farm, with the contract value expected to be between €114M and €130M.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:24 pm

U.S. stocks were mixed on Thursday, with the Dow Jones index falling around 250 points. e.l.f. Beauty, Inc. (NYSE:ELF) reported better-than-expected fourth-quarter earnings, leading to a 15.5% rise in its stock price. Other notable gainers included Bicycle Therapeutics plc (NASDAQ:BCYC), iLearningEngines, Inc. (NASDAQ:AILE), Endava plc (NYSE:DAVA), LiveRamp Holdings, Inc. (NYSE:RAMP), Borr Drilling Limited (NYSE:BORR), Erasca, Inc. (NASDAQ:ERAS), BBB Foods Inc. (NYSE:TBBB), EnerSys (NYSE:ENS), NVIDIA Corporation (NASDAQ:NVDA), Cadeler A/S (NYSE:CDLR), Dell Technologies Inc. (NYSE:DELL), PDD Holdings Inc. (NASDAQ:PDD), CI&T Inc. (NASDAQ:CINT), Zuora, Inc. (NYSE:ZUO), and AC Immune SA (NASDAQ:ACIU).

Portfolio Pulse from Avi Kapoor

May 23, 2024 | 2:26 pm

The article lists industrial stocks that moved significantly during Thursday's pre-market session. Notable gainers include Zoomcar Holdings (ZCAR), Greenwave Tech Solns (GWAV), Expion360 (XPON), Nuburu (BURU), Volato Group (SOAR), and Cadeler (CDLR). Significant losers include Titan Machinery (TITN), Nxu (NXU), Jayud Global Logistics (JYD), Greenland Technologies (GTEC), Exela Technologies (XELA), and Swvl Hldgs (SWVL).

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 12:06 pm

Stifel analyst Benjamin Nolan has initiated coverage on Cadeler, listed on NYSE under the ticker CDLR, with a Buy rating and set a price target of $35.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 1:54 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.