NASDAQ:CSTECaesarstone Stock Price, Forecast & News

Caesarstone's stock was trading at $9.20 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CSTE shares have increased by 15.4% and is now trading at $10.62. View which stocks have been most impacted by Coronavirus.

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.

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

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

Caesarstone declared a quarterly dividend on Wednesday, November 6th. Investors of record on Wednesday, November 20th will be given 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 4.52%. The ex-dividend date is Tuesday, November 19th. View Caesarstone's dividend history.

1 equities research analysts have issued 1 year price targets for Caesarstone's shares. Their forecasts range from $11.00 to $11.00. On average, they anticipate Caesarstone's stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price. View analysts' price targets for Caesarstone.

Media coverage about CSTE stock has been trending extremely negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Caesarstone earned a news impact score of -4.5 on InfoTrie's scale. They also assigned media headlines about the construction company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near future. View the latest news aboutCaesarstone.

Caesarstone saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 123,800 shares, a drop 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. Currently, 0.6% of the company's stock are short sold. View Caesarstone's Current Options Chain.

Some companies that are related to Caesarstone include Jeld-Wen (JELD), GCP Applied Technologies (GCP), Arcadis (ARCAY), Gibraltar Industries (ROCK), Continental Building Products (CBPX), Patrick Industries (PATK), Dycom Industries (DY), Boise Cascade (BCC), Comfort Systems USA (FIX), Century Communities (CCS), M/I Homes (MHO), Construction Partners (ROAD), PGT Innovations (PGTI), Granite Construction (GVA) and Primoris Services (PRIM). View all competitors.

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).

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

Caesarstone's stock is owned by many different 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%).

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.

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

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.

One share of CSTE stock can currently be purchased for approximately $10.62.

Caesarstone has a market capitalization of $365.33 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.

The official website for Caesarstone is www.caesarstone.com.

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]