Cascades (CAS) Stock Price, News & Analysis

Company Overview

Cascades Inc. produces, converts, and markets packaging and tissue products in Canada and the United States. The company operates through three segments: Containerboard, Specialty Products, and Tissue Papers. It offers various packaging solutions and tissue products comprised of recycled fibers; tissue papers, comprising parent rolls of virgin and recycled fibres; specialty products, including uncoated recycled boxboards; and containerboards. It also engages in the recovery and recycling activities. Cascades Inc. was incorporated in 1964 and is headquartered in Kingsey Falls, Canada.

Key Stats

• Today's Range: C$10.22 to C$10.49
• 50-Day Range: C$8.91 to C$10.82
• 52-Week Range: C$8.83 to C$15.00
• Volume: 140,756 shs
• Average Volume: 229,197 shs
• Market Capitalization: C$1.06 billion
• P/E Ratio: N/A
• Dividend Yield: 4.59%
• Price Target: C$11.08
• Consensus Rating: Hold

Cascades Stock Analysis - MarketRank™

Cascades scored higher than 38% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Cascades has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Cascades has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Cascades is -24.90, 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 Cascades is -24.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Cascades has a PEG Ratio of 0.56. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Cascades has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CAS.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Cascades is a leading dividend payer. It pays a dividend yield of 4.56%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CAS.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.23

News Sentiment

Cascades has a news sentiment score of 0.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.36 average news sentiment score of Consumer Cyclical companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Cascades this week, compared to 7 articles on an average week.

MarketBeat Follows

1 people have added Cascades to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Cascades insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$100,100.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

23.78% of the stock of Cascades is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 31.25% of the stock of Cascades is held by institutions.

CAS Stock Analysis - Frequently Asked Questions

How have CAS shares performed this year?

Cascades' stock was trading at C$12.73 at the beginning of the year. Since then, CAS stock has decreased by 17.8% and is now trading at C$10.46.
View the best growth stocks for 2024 here.

How were Cascades' earnings last quarter?

Cascades Inc. (TSE:CAS) posted its quarterly earnings data on Thursday, August, 8th. The company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.06 by $0.02. The business earned $1.18 billion during the quarter, compared to the consensus estimate of $1.17 billion. Cascades had a negative trailing twelve-month return on equity of 1.44% and a negative net margin of 0.91%.

How do I buy shares of Cascades?

Shares of CAS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Cascades own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cascades investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Wheaton Precious Metals (WPM) and Vermilion Energy (VET).

Company Calendar

• Last Earnings: 8/08/2024
• Dividend Payable: 8/22/2024
• Ex-Dividend for 8/22 Dividend: 9/05/2024
• Today: 10/17/2024
• Next Earnings (Confirmed): 11/07/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Consumer Cyclical
• Industry: Packaging & Containers
• Sub-Industry: Business Supplies
• Current Symbol: TSE:CAS
• CUSIP: N/A
• CIK: N/A
• Web: www.cascades.com
• Phone: +1-819-3635100
• Fax: N/A
• Employees: 11,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$11.08
• High Stock Price Target: C$13.00
• Low Stock Price Target: C$10.00
• Potential Upside/Downside: +6.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.17
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.42)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 8.11
• P/E Growth: 0.56
• Net Income: C$-42,000,000.00
• Net Margins: -0.91%
• Pretax Margin: N/A
• Return on Equity: -1.44%
• Return on Assets: 2.49%

Debt

• Debt-to-Equity Ratio: 119.55
• Current Ratio: 1.23
• Quick Ratio: 0.86

Sales & Book Value

• Annual Sales: C$4.62 billion
• Price / Sales: 0.23
• Cash Flow: C$0.58 per share
• Price / Cash Flow: 18.15
• Book Value: C$17.12 per share
• Price / Book: 0.61

Miscellaneous

• Outstanding Shares: 100,990,000
• Free Float: N/A
• Market Cap: C$1.06 billion
• Optionable: Not Optionable
• Beta: 0.15