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NASDAQ:CSTECaesarstone Stock Price, Forecast & News

$12.29
+0.62 (+5.31 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$11.90
Now: $12.29
$12.64
50-Day Range
$9.19
MA: $10.25
$11.34
52-Week Range
$7.65
Now: $12.29
$17.85
Volume122,959 shs
Average Volume117,464 shs
Market Capitalization$422.78 million
P/E Ratio26.15
Dividend YieldN/A
Beta1.05
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. Caesarstone Ltd. was founded in 1987 and is headquartered in MP Menashe, Israel.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.30 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$545.97 million
Cash Flow$1.20 per share
Book Value$13.89 per share

Profitability

Net Income$12.86 million

Miscellaneous

Employees1,501
Market Cap$422.78 million
Next Earnings Date8/5/2020 (Estimated)
OptionableOptionable

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Caesarstone (NASDAQ:CSTE) Frequently Asked Questions

How has Caesarstone's stock been impacted by COVID-19 (Coronavirus)?

Caesarstone's stock was trading at $9.20 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CSTE shares have increased by 33.6% and is now trading at $12.29. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Caesarstone?

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

When is Caesarstone's next earnings date?

Caesarstone is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Caesarstone.

How were Caesarstone's earnings last quarter?

Caesarstone Ltd (NASDAQ:CSTE) released its quarterly earnings results on Wednesday, May, 6th. The construction company reported $0.13 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.09 by $0.04. The construction company had revenue of $126.56 million for the quarter, compared to analyst estimates of $119.02 million. Caesarstone had a return on equity of 3.34% and a net margin of 2.93%. View Caesarstone's earnings history.

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

Caesarstone announced a quarterly dividend on Wednesday, November 6th. Stockholders of record on Wednesday, November 20th will be paid a dividend of $0.12 per share on Tuesday, December 10th. This represents a $0.48 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date of this dividend is Tuesday, November 19th. View Caesarstone's dividend history.

What price target have analysts set for CSTE?

1 analysts have issued 12-month price objectives for Caesarstone's stock. Their forecasts range from $11.00 to $11.00. On average, they expect Caesarstone's stock price to reach $11.00 in the next twelve months. This suggests that the stock has a possible downside of 10.5%. View analysts' price targets for Caesarstone.

Has Caesarstone been receiving favorable news coverage?

Press coverage about CSTE stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Caesarstone earned a coverage optimism score of 1.3 on InfoTrie's scale. They also gave headlines about the construction company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutCaesarstone.

Are investors shorting Caesarstone?

Caesarstone saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 123,800 shares, a decrease of 22.4% from the April 30th total of 159,500 shares. Based on an average trading volume of 171,800 shares, the short-interest ratio is presently 0.7 days. Approximately 0.6% of the company's shares are short sold. 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 Enzymotec (ENZY), Mediwound (MDWD), Twitter (TWTR), Ambarella (AMBA), General Electric (GE), Alphabet (GOOG), Netflix (NFLX), Tesla (TSLA), 3D Systems (DDD) and Ford Motor (F).

Who are Caesarstone's key executives?

Caesarstone's management team includes the following people:
  • Ms. Michal Baumwald Oron, VP of Bus. Devel. & Gen. Counsel (Age 46)
  • Mr. Yuval Dagim, Chief Exec. Officer (Age 56)
  • Mr. Israel Sandler, VP & Chief Commercial Officer (Age 61)
  • Mr. David Cullen, CEO & MD of Caesarstone - Australia (Age 60)
  • Mr. Erez Margalit, VP R&D (Age 51)

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 variety of retail and institutional investors. Top institutional investors include Phoenix Holdings Ltd. (6.15%), Global Alpha Capital Management Ltd. (5.39%), BlackRock Inc. (5.26%), Harel Insurance Investments & Financial Services Ltd. (1.88%), State Street Corp (1.42%) and Invesco Ltd. (1.37%).

Which major investors are selling Caesarstone stock?

CSTE stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Meitav Dash Investments Ltd., Phoenix Holdings Ltd., Squarepoint Ops LLC, Analyst IMS Investment Management Services Ltd., Two Sigma Advisers LP, Nuveen Asset Management LLC, and Geode Capital Management LLC.

Which major investors are buying Caesarstone stock?

CSTE stock was purchased by a variety of institutional investors in the last quarter, including Global Alpha Capital Management Ltd., BlackRock Inc., JPMorgan Chase & Co., Morgan Stanley, Morgan Stanley, Russell Investments Group Ltd., Invenomic Capital Management LP, and Martingale Asset Management L P.

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, Robinhood, Fidelity, and Charles Schwab.

What is Caesarstone's stock price today?

One share of CSTE stock can currently be purchased for approximately $12.29.

How big of a company is Caesarstone?

Caesarstone has a market capitalization of $422.78 million and generates $545.97 million in revenue each year. The construction company earns $12.86 million in net income (profit) each year or $0.37 on an earnings per share basis. Caesarstone employs 1,501 workers across the globe.

What is Caesarstone's official website?

The official website for Caesarstone is 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]

This page was last updated on 6/7/2020 by MarketBeat.com Staff

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