Desjardins Brokers Decrease Earnings Estimates for Cascades

Key Points

• Desjardins analysts have lowered their Q3 2025 EPS estimate for Cascades Inc. to $0.27 from $0.29, while the consensus estimate for the full-year earnings is $1.30 per share.
• Several analysts have adjusted their price targets for Cascades, with National Bankshares reducing it to C$11.00, while TD Securities increased theirs to C$10.00.
• Cascades has declared a quarterly dividend of $0.12 per share, effective September 4th, representing a dividend yield of 4.9%.

Cascades Inc. (TSE:CAS - Free Report) - Analysts at Desjardins decreased their Q3 2025 EPS estimates for Cascades in a research note issued on Friday, August 8th. Desjardins analyst F. Tremblay now expects that the company will post earnings per share of $0.27 for the quarter, down from their prior estimate of $0.29. Desjardins has a "Hold" rating and a $10.50 price objective on the stock. The consensus estimate for Cascades' current full-year earnings is $1.30 per share. Desjardins also issued estimates for Cascades' Q4 2025 earnings at $0.20 EPS, FY2025 earnings at $0.78 EPS and FY2026 earnings at $1.20 EPS.

Several other research firms also recently weighed in on CAS. National Bankshares reduced their target price on shares of Cascades from C$14.00 to C$11.00 and set a "sector perform" rating for the company in a research note on Thursday, April 24th. Royal Bank Of Canada upped their target price on shares of Cascades from C$10.00 to C$11.00 and gave the company a "sector perform" rating in a research note on Friday, August 8th. CIBC lowered their price objective on shares of Cascades from C$13.00 to C$10.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 22nd. Finally, TD Securities increased their price objective on shares of Cascades from C$9.50 to C$10.00 and gave the company a "hold" rating in a report on Friday, August 8th. Five equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of C$11.33.

Cascades Stock Performance

TSE CAS traded down C$0.15 during trading hours on Monday, reaching C$9.85. 101,509 shares of the company were exchanged, compared to its average volume of 245,960. Cascades has a 1 year low of C$8.30 and a 1 year high of C$13.42. The business's 50 day simple moving average is C$9.22 and its 200-day simple moving average is C$9.84. The company has a quick ratio of 0.86, a current ratio of 1.22 and a debt-to-equity ratio of 121.37. The stock has a market capitalization of C$996.34 million, a P/E ratio of -13.28, a P/E/G ratio of 0.56 and a beta of 0.15.

Insiders Place Their Bets

In related news, Senior Officer Maryse Fernet sold 10,054 shares of the company's stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of C$9.35, for a total value of C$94,004.90. Also, Director Alain Lemaire sold 74,608 shares of the company's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of C$8.90, for a total value of C$664,011.20. Insiders have sold a total of 90,415 shares of company stock worth $810,714 over the last ninety days. Insiders own 23.78% of the company's stock.

Cascades Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, September 4th will be paid a dividend of $0.12 per share. The ex-dividend date is Thursday, August 21st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.9%. Cascades's payout ratio is presently -64.73%.

About Cascades

Cascades Inc, along with its subsidiaries, produces, converts and markets packaging and tissue products composed mainly of recycled fibres. The company is organized into four main business segments: Containerboard, Boxboard Europe, Specialty Products (which constitutes packaging products), and Tissue Papers.