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.

A number of analysts gave price targets for CSTE. The most optimistic price target was 47, which equates to a potential upside of 34.09 percent. The lowest price target was 37, which equates to a potential downside of 5.56 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -17.91 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. 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, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of CSTE's earnings is estimated by analysts to be -8.18 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. 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. Currently the stock is 33.02 percent higher than its low, and 20.34 percent below the high. CSTE has a price/earnings 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 stock has a market capitalization of $1.2 billion. CSTE will post this quarters earnings in days, on 0000-00-00.