Caesarstone (CSTE) Expected to Announce Earnings on Wednesday

Caesarstone (NASDAQ:CSTE - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of ($0.23) per share and revenue of $99.40 million for the quarter.

Caesarstone Stock Down 2.2 %

CSTE traded down $0.09 during midday trading on Monday, hitting $3.97. 17,593 shares of the company were exchanged, compared to its average volume of 27,168. Caesarstone has a 1-year low of $3.76 and a 1-year high of $6.81. The firm has a market capitalization of $137.09 million, a P/E ratio of -1.98 and a beta of 0.17. The firm's 50 day moving average price is $4.39 and its 200-day moving average price is $4.48.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Caesarstone in a research report on Saturday. They issued a "hold" rating on the stock.

About Caesarstone

Caesarstone Ltd., together with its subsidiaries, designs, develops, manufactures, and markets engineered stone and other materials under the Caesarstone brand in the United States, Canada, Latin America, Australia, Asia, Europe, the Middle East and Africa, and Israel. The company's engineered stone slabs are primarily used as indoor and outdoor kitchen countertops in the renovation and remodeling, and residential construction sectors.