NASDAQ:CSTE

Caesarstone (CSTE) Stock Price, News & Analysis

$6.19
-0.08 (-1.28%)
(As of 04/26/2024 ET)
Today's Range
$6.12
$6.46
50-Day Range
$3.79
$6.73
52-Week Range
$3.50
$6.81
Volume
99,990 shs
Average Volume
141,315 shs
Market Capitalization
$213.75 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
11.1% Downside
$5.50 Price Target
Short Interest
Healthy
0.17% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.06mentions of Caesarstone in the last 14 days
Based on 5 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.

0.88 out of 5 stars

Construction Sector

91st out of 96 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

The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Caesarstone Ltd (CSTE)
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Caesarstone Sdot-Yam earnings: here's what Wall Street expects
PGT (PGTI) Misses Q4 Earnings Estimates
FTDR Jul 2024 30.000 call
Caesarstone Provides Business Updates
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
4/27/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cut stone & stone products
Sub-Industry
N/A
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
-11.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-107,660,000.00
Pretax Margin
-15.39%

Debt

Sales & Book Value

Annual Sales
$565.23 million
Book Value
$9.12 per share

Miscellaneous

Free Float
N/A
Market Cap
$213.74 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

CSTE Stock Analysis - Frequently Asked Questions

Should I buy or sell Caesarstone stock right now?

2 Wall Street equities 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 equities 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 1-year price targets for Caesarstone's stock. Their CSTE share price targets range from $5.00 to $6.00. On average, they expect the company's stock price to reach $5.50 in the next twelve months. This suggests that the stock has a possible downside of 11.1%.
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 65.5% and is now trading at $6.19.
View the best growth stocks for 2024 here
.

Are investors shorting Caesarstone?

Caesarstone saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 34,700 shares, a drop of 44.6% from the March 31st total of 62,600 shares. Based on an average daily trading volume, of 80,200 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company's shares are short sold.
View Caesarstone's Short Interest
.

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 can I listen to Caesarstone's earnings call?

Caesarstone will be holding an earnings conference call on Wednesday, May 8th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "10187886".

How were Caesarstone's earnings last quarter?

Caesarstone Ltd. (NASDAQ:CSTE) announced its quarterly earnings data on Wednesday, February, 21st. The construction company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by $0.02. The construction company had revenue of $128.53 million for the quarter, compared to analysts' expectations 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 period last year, the firm earned ($0.03) EPS.

Is Caesarstone a good dividend stock?

Caesarstone (NASDAQ:CSTE) pays an annual dividend of $0.19 per share and currently has a dividend yield of 0.00%.
Read our dividend analysis for CSTE.

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 4/27/2024 by MarketBeat.com Staff

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