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CDNL

CDNL

CDNL
$71.23USD↓-0.22%-0.16 today

MARKET CAP

3.4B

P/E (TTM)

—

FWD P/E

—

DAY RANGE

$68 – $74

52W RANGE

$22
$96

AI Summary

Stalk
Sell NowMedium

CDNL remains in a Stage 3 Distribution under a clear sequence of lower highs and lower lows, with rallies consistently capping at the declining 9-EMA and 21-EMA. The medium-term bias is bearish as supply dominates demand and volume on rallies is muted. Price is now rejecting at short-term EMA resistance, presenting an opportunity for sell-side engagement. Sell now into the 9/21-EMA resistance zone.

  • ↑Q1 2026 revenue $168 M (+105% YoY, 64% organic growth)
  • ↑Backlog reached $854 M (+60% YoY), prompting 2026 guidance raise
  • ↓Skilled labor shortages could limit project capacity and growth
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Cardinal Infrastructure Group, Inc. (NYSE: CIG) operates in the construction and infrastructure development sector with a primary focus on site development and utility construction services within the fast-growing Southeastern U.S. markets. The company utilizes a vertically integrated model to deliver comprehensive civil project services across residential, commercial, and industrial sectors. It is positioned favorably in the current economic landscape that favors infrastructure growth, particularly in regions such as the Carolinas and Georgia.

Bull says

  • ↑Q1 2026 revenue $168 M (+105% YoY, 64% organic growth)
  • ↑Backlog reached $854 M (+60% YoY), prompting 2026 guidance raise
  • ↑Adjusted EBITDA $27 M (+84% YoY) on 16% margin drives profitability
  • ↑Net leverage 1.2× vs 2.5× covenant; liquidity score 1.19 ensures financial stability
  • ↑Vertical integration boosts execution efficiency and margin expansion
  • ↑ALGC acquisition expands into Georgia with synergy potential

Bear says

  • ↓Skilled labor shortages could limit project capacity and growth
  • ↓Stock volatility at 2.17 may deter conservative investors
  • ↓Negative earnings yield indicates valuation risks for investors
  • ↓ALGC integration may disrupt operations and delay synergies
  • ↓Dependence on bidding cycles makes revenue vulnerable to downturns
  • ↓Factor signals show high volatility and weak earnings yield factors

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-22-2026bullish

Transcript signals

Bull points

  • yes, the first thing we were able to do with the ALGC acquisition is identify some of the areas we could utilize each other's history, equipment makeup, and services, more importantly, across interchange between the two locations.
  • We are not concerned about market share with our diversification with our end markets. We are also very happy with the bidding activity in both locations. It's very robust. And we are confident in our ability to keep growing.
  • Our backlog is very strong. We did increase it. We see the second quarter being stronger than the first quarter. Somewhere in the teens for growth off of the first quarter.

Bear points

  • General nominative expenses for the quarter were 10 million or 6% of revenue. Approximately 3.5 million of the increase is non-reoccurring, tied to acquisition costs and one-time jumps from public company readiness costs.
  • Cash flow from operating activities in the quarter were $9.3 million, compared to $12.1 million in the prior year. This was driven by increased working capital required for growth, specifically increased buildings not yet collected.
Read full transcript analysis ›