Cascades Q1 EPS Forecast Lowered by National Bank Financial

Cascades Inc. (TSE:CAS - Free Report) - Analysts at National Bank Financial decreased their Q1 2025 earnings per share (EPS) estimates for Cascades in a report issued on Wednesday, April 23rd. National Bank Financial analyst Z. Evershed now expects that the company will post earnings of $0.09 per share for the quarter, down from their previous estimate of $0.24. The consensus estimate for Cascades' current full-year earnings is $1.30 per share. National Bank Financial also issued estimates for Cascades' FY2026 earnings at $1.38 EPS.

Several other research firms have also weighed in on CAS. Scotiabank upgraded shares of Cascades from a "hold" rating to a "strong-buy" rating and upped their price objective for the company from C$12.00 to C$15.50 in a research note on Monday, January 27th. CIBC cut their price objective on Cascades from C$13.00 to C$10.00 and set a "neutral" rating for the company in a report on Tuesday, April 22nd. Royal Bank of Canada lowered their target price on Cascades from C$13.00 to C$11.00 and set a "sector perform" rating on the stock in a research note on Tuesday, April 22nd. National Bankshares cut their price target on 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. Finally, TD Securities lowered their price target on Cascades from C$16.00 to C$12.00 and set a "buy" rating for the company in a research note on Thursday, April 17th. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of C$11.90.

Cascades Stock Up 0.6 %

Shares of TSE CAS traded up C$0.05 during mid-day trading on Monday, reaching C$9.00. The company had a trading volume of 19,948 shares, compared to its average volume of 220,358. The company has a debt-to-equity ratio of 121.37, a quick ratio of 0.86 and a current ratio of 1.22. The company has a market capitalization of C$910.36 million, a price-to-earnings ratio of -12.14, a PEG ratio of 0.56 and a beta of 0.15. The stock has a fifty day moving average of C$9.79 and a two-hundred day moving average of C$11.14. Cascades has a 12-month low of C$8.72 and a 12-month high of C$13.42.

Cascades Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 20th were given a $0.12 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.33%. Cascades's dividend payout ratio is currently -64.73%.

Insider Transactions at Cascades

In other news, Senior Officer Luc Langevin sold 9,000 shares of Cascades stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of C$9.82, for a total value of C$88,380.00. 23.78% of the stock is currently owned by corporate insiders.

Cascades Company Profile

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.