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, implying a possible profit of 34.09 percent. The lowest price target 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. That number becomes -17.91 percent if we expand the time horizon to include the past 3 months instead of just one. 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. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of CSTE's earnings is estimated by analysts to be -8.18 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. CSTE has a PEG ratio of -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 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's next earnings release will be on 0000-00-00, which is days away.