Added to YB: 2025-11-18
Pitch date: 2025-11-15
CNRD [neutral]
Conrad Industries, Inc.
-7.53%
current return
Author Info
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Company Info
Conrad Industries, Inc. engages in the construction, conversion, and repair of various steel and aluminum marine vessels in the United States.
Market Cap
$202.6M
Pitch Price
$28.12
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
9.36
EV/Sales
N/A
Sector
Machinery
Category
special_situation
Thoughts on $CNRD Q3 25 print. (long)
CNRD (earnings): Q3 strong execution w/ record 9.8% EBITDA margins, $4.2 YTD FCF/share. Awards slow at 0.4x book-to-bill but $47M signed post-Q3. Massive inland barge replacement cycle + Trump defense spending ahead. Strong acquisition signals: family CEO replaced, change of control agreements added Oct 2025.
Read full article (2 min)