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NASDAQ:CSTE

Caesarstone (CSTE) Stock Price, News & Analysis

$6.12
+0.19 (+3.20%)
(As of 07/26/2024 ET)
Today's Range
$5.97
$6.13
50-Day Range
$4.68
$6.38
52-Week Range
$3.50
$6.81
Volume
67,492 shs
Average Volume
100,124 shs
Market Capitalization
$211.32 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.50

Caesarstone MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
10.1% Downside
$5.50 Price Target
Short Interest
Healthy
1.58% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.37mentions of Caesarstone in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.48) to ($0.34) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.49 out of 5 stars

Construction Sector

98th out of 101 stocks

Cut Stone & Stone Products Industry

1st out of 1 stocks

CSTE stock logo

About Caesarstone Stock (NASDAQ:CSTE)

Caesarstone Ltd., together with its subsidiaries, designs, develops, manufactures, and markets engineered stone and other materials under the Caesarstone brand in the United States, Canada, Latin America, Australia, Asia, Europe, the Middle East and Africa, and Israel. The company's engineered stone slabs are primarily used as indoor and outdoor kitchen countertops in the renovation and remodeling, and residential construction sectors. Its products are also used in other applications, such as vanity tops, wall panels, back splashes, floor tiles, stairs, furniture, and other interior and exterior surfaces that are used in various residential and non-residential applications. The company also offers porcelain products under the Lioli brand for countertops, flooring, and cladding applications; sells natural stone, sinks, and various ancillary fabrication tools and materials; and resells natural stones, as well as various ancillaries, and fabrication and installation accessories, as well as provides fabrication and installation services. It sells its products directly to wholesalers, resellers, and fabricators; and through direct sales force and indirect network of independent distributors. The company was formerly known as Caesarstone Sdot Yam Ltd. and changed its name to Caesarstone Ltd. in June 2016. Caesarstone Ltd. was founded in 1987 and is headquartered in Menashe, Israel.

CSTE Stock Price History

CSTE Stock News Headlines

Caesarstone Announces Date for Second Quarter 2024 Results
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Caesarstone Ltd (CSTE)
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cut stone & stone products
Sub-Industry
Construction Materials
Current Symbol
NASDAQ:CSTE
Employees
1,813
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.50
High Stock Price Target
$6.00
Low Stock Price Target
$5.00
Potential Upside/Downside
-9.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-107,660,000.00
Pretax Margin
-16.57%

Debt

Sales & Book Value

Annual Sales
$565.23 million
Book Value
$9.12 per share

Miscellaneous

Free Float
N/A
Market Cap
$210.63 million
Optionable
Optionable
Beta
0.14
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Key Executives

  • Mr. Yosef Shiran (Age 62)
    Chief Executive Officer
    Comp: $1.39M
  • Mr. Nahum Trost (Age 46)
    Chief Financial Officer
    Comp: $381.21k
  • Mr. David Cullen (Age 65)
    Managing Director, APAC
    Comp: $421.23k
  • Mr. Kenneth Williams (Age 63)
    CEO & President of North America
    Comp: $470.34k
  • Mr. Ron Mosberg (Age 45)
    General Counsel & Corporate Secretary
  • Ms. Idit Maayan Zohar (Age 52)
    Global Chief Marketing Officer
  • Ms. Lilach Gilboa (Age 52)
    Vice President of Human Resources
  • Mr. Israel Sandler (Age 67)
    VP & Chief Commercial Officer
    Comp: $461.7k
  • Mr. Edward Smith (Age 51)
    Managing Director, UK
  • Mr. Gilad Frenkel (Age 55)
    Managing Director, ROW

CSTE Stock Analysis - Frequently Asked Questions

How have CSTE shares performed this year?

Caesarstone's stock was trading at $3.74 at the beginning of 2024. Since then, CSTE stock has increased by 63.6% and is now trading at $6.12.
View the best growth stocks for 2024 here
.

How were Caesarstone's earnings last quarter?

Caesarstone Ltd. (NASDAQ:CSTE) posted its quarterly earnings results on Wednesday, May, 8th. The construction company reported ($0.14) EPS for the quarter, beating analysts' consensus estimates of ($0.17) by $0.03. The construction company earned $118.29 million during the quarter, compared to analysts' expectations of $126.70 million. Caesarstone had a negative trailing twelve-month return on equity of 13.29% and a negative net margin of 20.45%.

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.

Who are Caesarstone's major shareholders?

Caesarstone's top institutional shareholders include Bank of New York Mellon Corp (0.17%) and Gladius Capital Management LP (0.02%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Caesarstone own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Caesarstone investors own include (ENZY) (ENZY), MediWound (MDWD), Twitter (TWTR), Alphabet (GOOG), Ambarella (AMBA), General Electric (GE) and Intuitive Surgical (ISRG).

This page (NASDAQ:CSTE) was last updated on 7/26/2024 by MarketBeat.com Staff

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