Should I buy or sell Caesarstone stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Caesarstone in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CSTE shares. View CSTE analyst ratings or view top-rated stocks .

What is Caesarstone's stock price target for 2024?

2 brokerages have issued 12-month price objectives for Caesarstone's stock. Their CSTE share price targets range from $5.00 to $6.00. On average, they anticipate the company's stock price to reach $5.50 in the next twelve months. This suggests a possible upside of 3.8% 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 2024?

Caesarstone's stock was trading at $3.74 on January 1st, 2024. Since then, CSTE stock has increased by 41.7% and is now trading at $5.30. View the best growth stocks for 2024 here .

When is Caesarstone's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our CSTE earnings forecast .

How were Caesarstone's earnings last quarter?

Caesarstone Ltd. (NASDAQ:CSTE) released its quarterly earnings data on Wednesday, February, 21st. The construction company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.15) by $0.02. The construction company had revenue of $128.53 million for the quarter, compared to analyst estimates of $124.94 million. Caesarstone had a negative net margin of 19.05% and a negative trailing twelve-month return on equity of 12.71%. During the same quarter last year, the company earned ($0.03) earnings per share.

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) .

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 .

NASDAQ:CSTE

Caesarstone (CSTE) Stock Price, News & Analysis

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Free CSTE Stock Alerts

$5.37

-0.07 (-1.29%)

(As of 01:28 PM ET)

Compare

Today's Range: $5.21
▼
$5.45
50-Day Range: $3.79
▼
$6.15
52-Week Range: $3.50
▼
$6.36

Volume: 27,886 shs
Average Volume: 68,472 shs
Market Capitalization: $185.43 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $5.50

Get Caesarstone alerts:

Caesarstone MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 3.8% Upside
$5.50 Price Target
Short Interest: Healthy
0.31% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.10
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.43) to ($0.26) 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.

0.46 out of 5 stars

Construction Sector

96th out of 100 stocks

Cut Stone & Stone Products Industry

1st out of 1 stocks

1.3

Analyst's Opinion

Consensus Rating
Caesarstone has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Caesarstone has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
0.31% of the float of Caesarstone has been sold short.
Short Interest Ratio / Days to Cover
Caesarstone has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Caesarstone has recently decreased by 3.10%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Caesarstone does not currently pay a dividend.
Dividend Growth
Caesarstone does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CSTE.

1.7

News and Social Media Coverage

News Sentiment
Caesarstone has a news sentiment score of 0.10. 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 lower news sentiment than the 0.56 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Caesarstone this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added Caesarstone to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Caesarstone insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 33.70% of the stock of Caesarstone is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Caesarstone are expected to grow in the coming year, from ($0.43) to ($0.26) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Caesarstone is -1.69, 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. Sector
The P/E ratio of Caesarstone is -1.69, 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 Ratio
Caesarstone has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

CSTE Stock News Headlines

April 18, 2024 | finance.yahoo.com

Institutional investors may overlook Caesarstone Ltd.'s (NASDAQ:CSTE) recent US$21m market cap drop as long-term gains remain positive

April 17, 2024 | americanbankingnews.com

Caesarstone (NASDAQ:CSTE) Share Price Passes Above 200-Day Moving Average of $4.13

April 19, 2024 | Darwin (Ad)

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April 9, 2024 | msn.com

Laser Photonics, JanOne, Spar Group among industrial movers

April 9, 2024 | americanbankingnews.com

Caesarstone (NASDAQ:CSTE) Stock Crosses Above 200 Day Moving Average of $4.07

March 22, 2024 | finance.yahoo.com

Caesarstone (NASDAQ:CSTE) investors are sitting on a loss of 74% if they invested five years ago

March 6, 2024 | uk.investing.com

Caesarstone Ltd (CSTE)

February 28, 2024 | finance.yahoo.com

Are Construction Stocks Lagging Caesarstone (CSTE) This Year?

April 19, 2024 | Darwin (Ad)

Your Next Portfolio Star: Revealing 2024's Top Stock Pick

February 24, 2024 | finance.yahoo.com

Caesarstone Ltd.'s (NASDAQ:CSTE) Intrinsic Value Is Potentially 81% Above Its Share Price

February 23, 2024 | benzinga.com

Caesarstone Stock (NASDAQ:CSTE) Earnings Dates and Earning Calls

February 21, 2024 | finance.yahoo.com

Caesarstone Reports Fourth Quarter and Full Year 2023 Financial Results

February 21, 2024 | businesswire.com

Caesarstone Reports Fourth Quarter and Full Year 2023 Financial Results

February 21, 2024 | markets.businessinsider.com

Caesarstone Sdot-Yam earnings: here's what Wall Street expects

February 20, 2024 | msn.com

PGT (PGTI) Misses Q4 Earnings Estimates

February 14, 2024 | finance.yahoo.com

Caesarstone Ltd. (CSTE) Stock Historical Prices & Data - Yahoo Finance

February 7, 2024 | finance.yahoo.com

Caesarstone Announces Date for Fourth Quarter and Full Year 2023 Results

January 3, 2024 | msn.com

What’s next for Caesarstone Technologies’ facility and its employees?

December 21, 2023 | benzinga.com

Caesarstone Stock (NASDAQ:CSTE), Analyst Ratings, Price Targets, Predictions

December 18, 2023 | msn.com

Caesarstone Technologies announces closure of Richmond Hill Manufacturing Facility impacting over 100 employees

December 16, 2023 | ca.finance.yahoo.com

FTDR Jul 2024 30.000 call

December 14, 2023 | finance.yahoo.com

Caesarstone (CSTE) to Close Richmond Hill Manufacturing Facility

December 14, 2023 | msn.com

Caesarstone closes Richmond Hill facility; sees sales hit in near-term in Aussie market

December 13, 2023 | finance.yahoo.com

Caesarstone Provides Business Updates

November 16, 2023 | finance.yahoo.com

Analysts Just Made A Major Revision To Their Caesarstone Ltd. (NASDAQ:CSTE) Revenue Forecasts

November 10, 2023 | finance.yahoo.com

Caesarstone Ltd. (NASDAQ:CSTE) Q3 2023 Earnings Call Transcript

November 9, 2023 | finance.yahoo.com

Positive week for Caesarstone Ltd. (NASDAQ:CSTE) institutional investors who lost 39% over the past year

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Construction
Industry: Cut stone & stone products
Sub-Industry: N/A
Current Symbol: NASDAQ:CSTE
CUSIP: N/A
CIK: 1504379
Web: www.caesarstone.com
Phone: (724) 636-4555
Fax: 972-4636-4400
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: +1.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.13)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-107,660,000.00
Net Margins: -19.05%
Pretax Margin: -15.39%
Return on Equity: -12.71%
Return on Assets: -7.23%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 2.64
Quick Ratio: 1.51

Sales & Book Value

Annual Sales: $565.23 million
Price / Sales: 0.33
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $9.12 per share
Price / Book: 0.60

Miscellaneous

Outstanding Shares: 34,530,000
Free Float: N/A
Market Cap: $187.84 million
Optionable: Optionable
Beta: 0.40

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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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CSTE Stock Analysis - Frequently Asked Questions

Should I buy or sell Caesarstone stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Caesarstone in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CSTE shares.
View CSTE analyst ratings or view top-rated stocks.
What is Caesarstone's stock price target for 2024?: 2 brokerages have issued 12-month price objectives for Caesarstone's stock. Their CSTE share price targets range from $5.00 to $6.00. On average, they anticipate the company's stock price to reach $5.50 in the next twelve months. This suggests a possible upside of 3.8% 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 2024?: Caesarstone's stock was trading at $3.74 on January 1st, 2024. Since then, CSTE stock has increased by 41.7% and is now trading at $5.30.
View the best growth stocks for 2024 here.
When is Caesarstone's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our CSTE earnings forecast.

How were Caesarstone's earnings last quarter?: Caesarstone Ltd. (NASDAQ:CSTE) released its quarterly earnings data on Wednesday, February, 21st. The construction company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.15) by $0.02. The construction company had revenue of $128.53 million for the quarter, compared to analyst estimates of $124.94 million. Caesarstone had a negative net margin of 19.05% and a negative trailing twelve-month return on equity of 12.71%. During the same quarter last year, the company earned ($0.03) earnings per share.
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).
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.

This page (NASDAQ:CSTE) was last updated on 4/19/2024 by MarketBeat.com Staff

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