NASDAQ:CSTE Caesarstone (CSTE) Stock Forecast, Price & News $4.67 +0.19 (+4.24%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$4.50▼$4.6950-Day Range$3.56▼$4.8552-Week Range$3.51▼$10.67Volume121,224 shsAverage Volume136,239 shsMarket Capitalization$161.16 millionP/E RatioN/ADividend Yield4.28%Price Target$6.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Caesarstone MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside39.2% Upside$6.50 Price TargetShort InterestHealthy3.14% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.75Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.07) to $0.27 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.55 out of 5 starsConstruction Sector16th out of 105 stocksCut Stone & Stone Products Industry1st out of 1 stocks 3.5 Analyst's Opinion Consensus RatingCaesarstone has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.50, Caesarstone has a forecasted upside of 39.2% from its current price of $4.67.Amount of Analyst CoverageCaesarstone has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.14% of the float of Caesarstone has been sold short.Short Interest Ratio / Days to CoverCaesarstone has a short interest ratio ("days to cover") of 5.Change versus previous monthShort interest in Caesarstone has recently decreased by 6.21%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipCaesarstone is a leading dividend payer. It pays a dividend yield of 4.44%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCaesarstone does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Caesarstone will have a dividend payout ratio of 74.07% next year. This indicates that Caesarstone will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CSTE. Previous Next 2.6 News and Social Media Coverage News SentimentCaesarstone has a news sentiment score of 0.75. 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 higher news sentiment than the 0.64 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Caesarstone this week, compared to 2 articles on an average week. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Caesarstone insiders have not sold or bought any company stock.Percentage Held by Institutions44.84% of the stock of Caesarstone is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Caesarstone are expected to grow in the coming year, from ($0.07) to $0.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Caesarstone is -2.38, 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. SectorThe P/E ratio of Caesarstone is -2.38, 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 RatioCaesarstone has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Caesarstone (NASDAQ:CSTE) StockCaesarstone Ltd. operates as a multi material designer, producer and reseller of countertops used in residential and commercial buildings globally. It designs, develops, produces and source engineered quartz, natural stone and porcelain products that offer aesthetic appeal and functionality through a distinct variety of colors, styles, textures, and finishes used primarily as countertops, vanities, and other interior and exterior spaces. The company was founded in 1987 and is headquartered in Haifa, Israel.Read More Receive CSTE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Caesarstone and its competitors with MarketBeat's FREE daily newsletter. Email Address CSTE Stock News HeadlinesJune 2, 2023 | fool.comCaesarstone (NASDAQ: CSTE)June 2, 2023 | finance.yahoo.comWith 41% stake, Caesarstone Ltd. (NASDAQ:CSTE) seems to have captured institutional investors' interestJune 4, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 30, 2023 | americanbankingnews.comCaesarstone Ltd. (NASDAQ:CSTE) Short Interest UpdateMay 15, 2023 | americanbankingnews.comCaesarstone (NASDAQ:CSTE) PT Lowered to $7.00 at BenchmarkMay 15, 2023 | americanbankingnews.comCaesarstone (NASDAQ:CSTE) PT Lowered to $6.00 at Stifel NicolausMay 12, 2023 | msn.comBenchmark Maintains Caesarstone (CSTE) Buy RecommendationMay 12, 2023 | msn.comStifel Maintains Caesarstone (CSTE) Hold RecommendationJune 4, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 11, 2023 | seekingalpha.comCaesarstone Non-GAAP EPS of -$0.17 misses by $0.16, revenue of $150.6M misses by $12.71MMay 11, 2023 | msn.comCountertop maker Caesarstone to shut Sdot Yam plant, lay off over 100 workersMay 10, 2023 | msn.comCaesarstone Q1 2023 Earnings PreviewMay 10, 2023 | sfgate.comCaesarStone: Q1 Earnings SnapshotMay 10, 2023 | finance.yahoo.comCaesarStone (CSTE) Reports Q1 Loss, Lags Revenue EstimatesMay 10, 2023 | finance.yahoo.comCaesarstone Reports First Quarter 2023 Financial ResultsMay 6, 2023 | finance.yahoo.comAre Investors Undervaluing Caesarstone Ltd. (NASDAQ:CSTE) By 50%?May 1, 2023 | americanbankingnews.comShort Interest in Caesarstone Ltd. (NASDAQ:CSTE) Grows By 9.2%April 26, 2023 | finance.yahoo.comCaesarstone Announces Date for First Quarter 2023 ResultsApril 12, 2023 | finance.yahoo.comInvestors in Caesarstone (NASDAQ:CSTE) have unfortunately lost 78% over the last five yearsApril 4, 2023 | finance.yahoo.comAre Options Traders Betting on a Big Move in Caesarstone (CSTE) Stock?March 9, 2023 | finance.yahoo.comCaesarstone Names Yosef (Yos) Shiran as new Chief Executive Officer Effective March 16, 2023March 3, 2023 | finance.yahoo.comCaesarstone Ltd. (NASDAQ:CSTE) Q4 2022 Earnings Call TranscriptMarch 2, 2023 | finance.yahoo.comCaesarstone Full Year 2022 Earnings: US$1.65 loss per share (vs US$0.51 profit in FY 2021)March 1, 2023 | finance.yahoo.comCaesarstone Reports Fourth Quarter and Full Year 2022 Financial ResultsMarch 1, 2023 | finance.yahoo.comCaesarStone (CSTE) Reports Q4 Loss, Lags Revenue EstimatesFebruary 1, 2023 | finance.yahoo.comCaesarstone Announces Date for Fourth Quarter and Full Year 2022 ResultsDecember 7, 2022 | finance.yahoo.comOwning 48% shares,institutional owners seem interested in Caesarstone Ltd. (NASDAQ:CSTE),See More Headlines CSTE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CSTE Company Calendar Last Earnings2/09/2022Today6/03/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Cut stone & stone products Sub-IndustryN/A SectorConstruction Current SymbolNASDAQ:CSTE CUSIPN/A CIK1504379 Webwww.caesarstone.com Phone(724) 636-4555Fax972-4636-4400Employees2,111Year FoundedN/APrice Target and Rating Average Stock Price Forecast$6.50 High Stock Price Forecast$7.00 Low Stock Price Forecast$6.00 Forecasted Upside/Downside+39.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($1.96) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-57,050,000.00 Net Margins-9.99% Pretax Margin-10.06% Return on Equity-0.28% Return on Assets-0.16% Debt Debt-to-Equity Ratio0.01 Current Ratio2.69 Quick Ratio1.17 Sales & Book Value Annual Sales$690.81 million Price / Sales0.23 Cash Flow$1.38 per share Price / Cash Flow3.38 Book Value$12.06 per share Price / Book0.39Miscellaneous Outstanding Shares34,510,000Free FloatN/AMarket Cap$161.16 million OptionableOptionable Beta0.52 Key ExecutivesYosef ShiranChief Executive OfficerNahum TrostChief Financial OfficerErez MargalitVice President-Research & DevelopmentEyal LevyChief Information OfficerRon MosbergSecretary, Vice President & General CounselKey CompetitorsGlatfelterNYSE:GLTLimbachNASDAQ:LMBAenza S.A.A.NYSE:AENZWilldan GroupNASDAQ:WLDNMayville EngineeringNYSE:MECView All CompetitorsInstitutional OwnershipFrontier Capital Management Co. LLCSold 56,704 shares on 5/16/2023Ownership: 1.818%RBF Capital LLCBought 155,558 shares on 5/16/2023Ownership: 0.866%Geode Capital Management LLCBought 23,898 shares on 5/16/2023Ownership: 0.701%Springhouse Capital Management LPBought 75,015 shares on 5/16/2023Ownership: 0.290%Arrowstreet Capital Limited PartnershipSold 67,340 shares on 5/16/2023Ownership: 0.178%View All Institutional Transactions CSTE Stock - Frequently Asked Questions Should I buy or sell Caesarstone stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Caesarstone in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CSTE shares. View CSTE analyst ratings or view top-rated stocks. What is Caesarstone's stock price forecast for 2023? 1 analysts have issued twelve-month price targets for Caesarstone's shares. Their CSTE share price forecasts range from $6.00 to $7.00. On average, they anticipate the company's stock price to reach $6.50 in the next year. This suggests a possible upside of 39.2% from the stock's current price. View analysts price targets for CSTE or view top-rated stocks among Wall Street analysts. How have CSTE shares performed in 2023? Caesarstone's stock was trading at $5.71 at the start of the year. Since then, CSTE shares have decreased by 18.2% and is now trading at $4.67. View the best growth stocks for 2023 here. Are investors shorting Caesarstone? Caesarstone saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 705,500 shares, a drop of 6.2% from the April 30th total of 752,200 shares. Based on an average trading volume of 142,000 shares, the days-to-cover ratio is currently 5.0 days. Approximately 3.1% of the shares of the stock are sold short. View Caesarstone's Short Interest. When is Caesarstone's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our CSTE earnings forecast. How were Caesarstone's earnings last quarter? Caesarstone Ltd. (NASDAQ:CSTE) posted its quarterly earnings data on Wednesday, February, 9th. The construction company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.06 by $0.05. The construction company earned $171.06 million during the quarter, compared to the consensus estimate of $163.77 million. Caesarstone had a negative net margin of 9.99% and a negative trailing twelve-month return on equity of 0.28%. During the same period in the prior year, the company posted ($0.07) EPS. How often does Caesarstone pay dividends? What is the dividend yield for Caesarstone? Caesarstone declared a quarterly dividend on Thursday, August 4th. Investors of record on Wednesday, August 17th will be paid a dividend of $0.25 per share on Wednesday, September 7th. This represents a $1.00 annualized dividend and a dividend yield of 21.41%. The ex-dividend date is Tuesday, August 16th. This is a boost from the stock's previous quarterly dividend of $0.10. Read our dividend analysis for CSTE. Is Caesarstone a good dividend stock? Caesarstone (NASDAQ:CSTE) pays an annual dividend of $0.20 per share and currently has a dividend yield of 4.44%. CSTE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for CSTE. What is Raanan Zilberman's approval rating as Caesarstone's CEO? 11 employees have rated Caesarstone Chief Executive Officer Raanan Zilberman on Glassdoor.com. Raanan Zilberman has an approval rating of 46% among the company's employees. This puts Raanan Zilberman in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Caesarstone own? Based on aggregate information from My MarketBeat watchlists, some companies that other Caesarstone investors own include (ENZY) (ENZY), MediWound (MDWD), Twitter (TWTR), Alphabet (GOOG), Ambarella (AMBA), General Electric (GE), Intuitive Surgical (ISRG), Netflix (NFLX), NXP Semiconductors (NXPI) and Shopify (SHOP). What is Caesarstone's stock symbol? Caesarstone trades on the NASDAQ under the ticker symbol "CSTE." Who are Caesarstone's major shareholders? Caesarstone's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Global Alpha Capital Management Ltd. (8.88%), BlackRock Inc. (3.79%), Frontier Capital Management Co. LLC (1.82%), Renaissance Technologies LLC (1.11%), RBF Capital LLC (0.87%) and Geode Capital Management LLC (0.70%). How do I buy shares of Caesarstone? Shares of CSTE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Caesarstone's stock price today? One share of CSTE stock can currently be purchased for approximately $4.67. How much money does Caesarstone make? Caesarstone (NASDAQ:CSTE) has a market capitalization of $161.16 million and generates $690.81 million in revenue each year. The construction company earns $-57,050,000.00 in net income (profit) each year or ($1.96) on an earnings per share basis. How many employees does Caesarstone have? The company employs 2,111 workers across the globe. How can I contact Caesarstone? Caesarstone's mailing address is Kibbutz Sdot Yam, MP Menashe L3, 38805. The official website for the company is www.caesarstone.com. The construction company can be reached via phone at (724) 636-4555, via email at rodny.nacier@icrinc.com, or via fax at 972-4636-4400. 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