<- Go home

Added to YB: 2025-11-18

Pitch date: 2025-11-15

CNRD [neutral]

Conrad Industries, Inc.

-5.83%

current return

Author Info

everyonehatespoetry is an equities analyst sharing his best special situations / GARP ideas, mostly small and micro caps. Sign up for the newsletter.

Company Info

Conrad Industries, Inc. operates as a shipbuilder in the United States. The company offers new construction, repair and conversion, engineering experts, computer-aided manufacturing, and LNG industry services.

Market Cap

$201.2M

Pitch Price

$28.12

Price Target

N/A

Dividend

N/A

EV/EBITDA

N/A

P/E

9.29

EV/Sales

N/A

Sector

Machinery

Category

special_situation

Show full summary:
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)