Analyst Ratings for Caesarstone Ltd. (CSTE)

Updated: 2017-07-29

Shares of Caesarstone Ltd. (NASDAQ:CSTE) have received a consensus rating of Overweight from Wall Street analysts. Last month, CSTE received an average rating of Overweight.

A buy rating was issued by 1 analysts, 0 issued an overweight rating, 3 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Several price targets were given for CSTE by the analysts covering the stock. The highest price target was 47, implying a possible profit of 34.09 percent. The most pessimistic analyst gave a price target of 37, implying potential capital losses of 5.56 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -17.91 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -2.47 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

CSTE has an estimated earnings growth rate of -8.18 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CSTE is -2.

In the last 52-weeks, CSTE has achieved a high of 44.00 and a low of 26.35. Today's price is 33.02 percent above the 52-week low, and 20.34 percent lower than its 52-week high. CSTE has a P/E ratio of 16.38. Investors typically compare the P/E ratio to a company's peers in the industry. The CSTE value stock report compares CSTE to some of its peers using value stock charts. The market cap of CSTE is $1.2 billion. CSTE will post this quarters earnings in days, on 0000-00-00.