NASDAQ:CSTE - Caesarstone Stock Price, News, & Analysis

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$15.10 -0.07 (-0.46 %)
(As of 03/25/2019 09:37 AM ET)
Previous Close$15.17
Today's Range$15.10 - $15.20
52-Week Range$12.49 - $21.80
Volume1,966 shs
Average Volume114,211 shs
Market Capitalization$518.84 million
P/E Ratio20.97
Dividend Yield3.96%
Beta1.72
Caesarstone Ltd., together with its subsidiaries, manufactures and sells engineered quartz surfaces under the Caesarstone brand in the United States, Australia, Canada, Israel, Europe, and internationally. Its engineered quartz slabs are used as countertops in residential kitchens, as well as serve the renovation and remodeling market. The company's products are also used in other applications, such as vanity tops, wall panels, back splashes, floor tiles, stairs, and other interior surfaces that are used in various residential and non-residential applications. It sells its products directly to fabricators, sub-distributors, and resellers; and indirectly through a network of independent distributors. The company was formerly known as Caesarstone Sdot Yam Ltd. and changed its name to Caesarstone Ltd. in June 2016. The company was founded in 1987 and is headquartered in MP Menashe, Israel.

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Industry, Sector and Symbol

Industry Cut stone & stone products
Sub-IndustryN/A
SectorConstruction
Current SymbolNASDAQ:CSTE
CUSIPN/A
Phone972-4636-4555

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$575.87 million
Cash Flow$1.5346 per share
Book Value$13.58 per share

Profitability

Net Income$24.41 million

Miscellaneous

Employees1,545
Market Cap$518.84 million
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable

Caesarstone (NASDAQ:CSTE) Frequently Asked Questions

What is Caesarstone's stock symbol?

Caesarstone trades on the NASDAQ under the ticker symbol "CSTE."

How often does Caesarstone pay dividends? What is the dividend yield for Caesarstone?

Caesarstone announced a quarterly dividend on Wednesday, November 7th. Stockholders of record on Wednesday, November 21st will be given a dividend of $0.12 per share on Wednesday, December 12th. This represents a $0.48 annualized dividend and a dividend yield of 3.18%. The ex-dividend date is Tuesday, November 20th. View Caesarstone's Dividend History.

How were Caesarstone's earnings last quarter?

Caesarstone Ltd (NASDAQ:CSTE) announced its quarterly earnings data on Wednesday, February, 6th. The construction company reported $0.04 EPS for the quarter, missing the Zacks' consensus estimate of $0.14 by $0.10. The construction company earned $142.88 million during the quarter, compared to analysts' expectations of $141.16 million. Caesarstone had a net margin of 4.24% and a return on equity of 5.21%. The company's quarterly revenue was down 3.6% on a year-over-year basis. During the same quarter last year, the business posted $0.22 EPS. View Caesarstone's Earnings History.

When is Caesarstone's next earnings date?

Caesarstone is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Caesarstone.

What guidance has Caesarstone issued on next quarter's earnings?

Caesarstone updated its FY 2019 earnings guidance on Wednesday, February, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $580-600 million, compared to the consensus revenue estimate of $588.76 million.

What price target have analysts set for CSTE?

2 Wall Street analysts have issued twelve-month price targets for Caesarstone's stock. Their forecasts range from $12.00 to $12.00. On average, they expect Caesarstone's share price to reach $12.00 in the next twelve months. This suggests that the stock has a possible downside of 20.5%. View Analyst Price Targets for Caesarstone.

What is the consensus analysts' recommendation for Caesarstone?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caesarstone in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Caesarstone.

Has Caesarstone been receiving favorable news coverage?

Press coverage about CSTE stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Caesarstone earned a daily sentiment score of -1.1 on InfoTrie's scale. They also gave news coverage about the construction company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.

Are investors shorting Caesarstone?

Caesarstone saw a decrease in short interest in the month of February. As of February 15th, there was short interest totalling 577,316 shares, a decrease of 24.6% from the January 31st total of 765,869 shares. Based on an average trading volume of 251,671 shares, the days-to-cover ratio is currently 2.3 days. Approximately 2.7% of the shares of the stock are sold short. View Caesarstone's Current Options Chain.

Who are some of Caesarstone's key competitors?

What other stocks do shareholders of Caesarstone own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Caesarstone investors own include Twitter (TWTR), Mediwound (MDWD), Ambarella (AMBA), Alphabet (GOOG), Intuitive Surgical (ISRG), General Electric (GE), Mazor Robotics (MZOR), Booking (BKNG), Shopify (SHOP) and 3D Systems (DDD).

Who are Caesarstone's key executives?

Caesarstone's management team includes the folowing people:
  • Ms. Michal Baumwald Oron, VP of Bus. Devel. & Gen. Counsel (Age 46)
  • Mr. David Cullen, CEO & MD of Caesarstone - Australia (Age 60)
  • Mr. Daniel Clifford, Pres of Caesarstone - USA (Age 61)
  • Mr. Kenneth Williams, Pres of Caesarstone Ltd. - North America (Age 56)
  • Mr. Yuval Dagim, Chief Exec. Officer (Age 56)

Who are Caesarstone's major shareholders?

Caesarstone's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.87%), Clal Insurance Enterprises Holdings Ltd (2.47%), Noked Capital LTD (2.39%), Global Alpha Capital Management Ltd. (2.05%), Harel Insurance Investments & Financial Services Ltd. (1.90%) and Sphera Funds Management LTD. (1.37%).

Which institutional investors are selling Caesarstone stock?

CSTE stock was sold by a variety of institutional investors in the last quarter, including Sphera Funds Management LTD., Stone Ridge Asset Management LLC, BlackRock Inc. and Northern Trust Corp.

Which institutional investors are buying Caesarstone stock?

CSTE stock was acquired by a variety of institutional investors in the last quarter, including Noked Capital LTD, Harel Insurance Investments & Financial Services Ltd., Norges Bank, Clal Insurance Enterprises Holdings Ltd, Global Alpha Capital Management Ltd., D. E. Shaw & Co. Inc., Rhumbline Advisers and Geode Capital Management LLC.

How do I buy shares of Caesarstone?

Shares of CSTE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Caesarstone's stock price today?

One share of CSTE stock can currently be purchased for approximately $15.10.

How big of a company is Caesarstone?

Caesarstone has a market capitalization of $518.84 million and generates $575.87 million in revenue each year. The construction company earns $24.41 million in net income (profit) each year or $0.72 on an earnings per share basis. Caesarstone employs 1,545 workers across the globe.

What is Caesarstone's official website?

The official website for Caesarstone is http://www.caesarstone.com.

How can I contact Caesarstone?

Caesarstone's mailing address is Kibbutz Sdot Yam, MP Menashe L3, 38805. The construction company can be reached via phone at 972-4636-4555 or via email at [email protected]


MarketBeat Community Rating for Caesarstone (NASDAQ CSTE)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  295 (Vote Outperform)
Underperform Votes:  260 (Vote Underperform)
Total Votes:  555
MarketBeat's community ratings are surveys of what our community members think about Caesarstone and other stocks. Vote "Outperform" if you believe CSTE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CSTE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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