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NASDAQ:CSTE

Caesarstone (CSTE) Stock Price, News & Analysis

Caesarstone logo
$4.35 +0.43 (+10.97%)
(As of 11/6/2024 ET)

About Caesarstone Stock (NASDAQ:CSTE)

Key Stats

Today's Range
$4.07
$4.46
50-Day Range
$3.92
$4.95
52-Week Range
$3.50
$6.81
Volume
98,267 shs
Average Volume
83,546 shs
Market Capitalization
$150.21 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.50
Consensus Rating
Moderate Buy

Company Overview

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. Its products are also used in other applications, such as vanity tops, wall panels, back splashes, floor tiles, stairs, furniture, and other interior and exterior surfaces that are used in various residential and non-residential applications. The company also offers porcelain products under the Lioli brand for countertops, flooring, and cladding applications; sells natural stone, sinks, and various ancillary fabrication tools and materials; and resells natural stones, as well as various ancillaries, and fabrication and installation accessories, as well as provides fabrication and installation services. It sells its products directly to wholesalers, resellers, and fabricators; and through direct sales force and indirect network of independent distributors. The company was formerly known as Caesarstone Sdot Yam Ltd. and changed its name to Caesarstone Ltd. in June 2016. Caesarstone Ltd. was founded in 1987 and is headquartered in Menashe, Israel.

Caesarstone Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
29th Percentile Overall Score

CSTE MarketRank™: 

Caesarstone scored higher than 29% of companies evaluated by MarketBeat, and ranked 88th out of 104 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Caesarstone has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Caesarstone has received no research coverage in the past 90 days.

  • Read more about Caesarstone's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Caesarstone is -2.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Caesarstone is -2.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Caesarstone has a P/B Ratio of 0.48. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Caesarstone's valuation and earnings.
  • Percentage of Shares Shorted

    1.48% of the float of Caesarstone has been sold short.
  • Short Interest Ratio / Days to Cover

    Caesarstone has a short interest ratio ("days to cover") of 5.6.
  • Change versus previous month

    Short interest in Caesarstone has recently decreased by 2.38%, indicating that investor sentiment is improving.
  • Dividend Yield

    Caesarstone does not currently pay a dividend.

  • Dividend Growth

    Caesarstone does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.48% of the float of Caesarstone has been sold short.
  • Short Interest Ratio / Days to Cover

    Caesarstone has a short interest ratio ("days to cover") of 5.6.
  • Change versus previous month

    Short interest in Caesarstone has recently decreased by 2.38%, indicating that investor sentiment is improving.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Caesarstone this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Caesarstone insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    Only 33.70% of the stock of Caesarstone is held by institutions.

  • Read more about Caesarstone's insider trading history.
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CSTE Stock News Headlines

Caesarstone Announces Date for Third Quarter 2024 Results
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
Caesarstone Ltd. (CSTE)
See More Headlines

CSTE Stock Analysis - Frequently Asked Questions

Caesarstone's stock was trading at $3.74 at the beginning of the year. Since then, CSTE stock has increased by 16.3% and is now trading at $4.35.
View the best growth stocks for 2024 here
.

Caesarstone Ltd. (NASDAQ:CSTE) posted its earnings results on Wednesday, February, 21st. The construction company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by $0.02. The construction company had revenue of $128.53 million for the quarter, compared to the consensus estimate of $124.94 million. Caesarstone had a negative trailing twelve-month return on equity of 8.21% and a negative net margin of 12.91%.

Top institutional shareholders of Caesarstone include Empowered Funds LLC (0.10%).

Shares of CSTE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Caesarstone investors own include Meta Platforms (META), (ENZY) (ENZY), Alphabet (GOOG), Twitter (TWTR), MediWound (MDWD), Shopify (SHOP) and Tesla (TSLA).

Company Calendar

Last Earnings
2/21/2024
Today
11/06/2024
Next Earnings (Confirmed)
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cut stone & stone products
Sub-Industry
Construction Materials
Current Symbol
NASDAQ:CSTE
Employees
1,813
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.50
High Stock Price Target
$6.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+26.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-107,660,000.00
Pretax Margin
-9.82%

Debt

Sales & Book Value

Annual Sales
$565.23 million
Book Value
$9.12 per share

Miscellaneous

Free Float
N/A
Market Cap
$150.21 million
Optionable
Optionable
Beta
0.14

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This page (NASDAQ:CSTE) was last updated on 11/7/2024 by MarketBeat.com Staff
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