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.

Investment analysts gave a few price targets for CSTE. The most optimistic price target was 47, which equates to a potential upside of 34.09 percent. The minimum price target given was 37, implying a possible loss 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. 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.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, 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 decreased their estimates.

CSTE has an estimated earnings growth rate of -8.18 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. 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 stock has a market capitalization of $1.2 billion. CSTE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.