Q1 Earnings Estimate for Cascades Issued By Desjardins

Cascades Inc. (TSE:CAS - Free Report) - Stock analysts at Desjardins issued their Q1 2025 earnings per share (EPS) estimates for shares of Cascades in a research report issued to clients and investors on Sunday, April 13th. Desjardins analyst F. Tremblay forecasts that the company will post earnings per share of $0.13 for the quarter. The consensus estimate for Cascades' current full-year earnings is $1.30 per share. Desjardins also issued estimates for Cascades' Q2 2025 earnings at $0.20 EPS, Q4 2025 earnings at $0.28 EPS and FY2025 earnings at $0.91 EPS.

Several other analysts also recently commented on the stock. CIBC boosted their target price on shares of Cascades from C$12.00 to C$13.00 in a research report on Wednesday, January 15th. TD Securities dropped their price target on shares of Cascades from C$16.00 to C$12.00 and set a "buy" rating on the stock in a research report on Thursday. Finally, Scotiabank raised shares of Cascades from a "hold" rating to a "strong-buy" rating and upped their price objective for the stock from C$12.00 to C$15.50 in a report on Monday, January 27th.

Cascades Stock Down 0.8 %

CAS traded down C$0.07 during trading on Wednesday, reaching C$8.89. 46,900 shares of the stock traded hands, compared to its average volume of 226,398. Cascades has a fifty-two week low of C$8.83 and a fifty-two week high of C$13.42. The stock's 50-day simple moving average is C$10.41 and its two-hundred day simple moving average is C$11.24. The company has a debt-to-equity ratio of 121.37, a current ratio of 1.22 and a quick ratio of 0.86. The stock has a market cap of C$899.23 million, a price-to-earnings ratio of -11.99, a price-to-earnings-growth ratio of 0.56 and a beta of 0.15.

Cascades Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 20th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 5.40%. The ex-dividend date was Thursday, March 6th. Cascades's dividend payout ratio (DPR) is currently -64.73%.

Insider Activity at Cascades

In related news, Senior Officer Luc Langevin sold 9,000 shares of the company's stock in a transaction on Thursday, March 27th. The stock was sold at an average price of C$9.82, for a total value of C$88,380.00. Corporate insiders own 23.78% of the company's stock.

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.