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.

Many analysts weighed in on price targets for CSTE. The highest price target was 47, which equates to a potential upside of 34.09 percent. The lowest price target was 37, implying a possible loss 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.47 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. 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.

Analysts estimate earnings of CSTE to grow at a rate of -8.18 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. 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. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of CSTE is -2.

In the trailing 52-weeks, CSTE hit 44.00 at the highest peak, while it's lowest trading point was 26.35. Today's price is 33.02 percent above the 52-week 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 market cap of CSTE is $1.2 billion. CSTE's next earnings release will be on 0000-00-00, which is days away.