Is Caesarstone Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: CSTE) stock is to Buy CSTE stock.
Out of 2 analysts, 1 (50%) are recommending CSTE as a Strong Buy, 0 (0%) are recommending CSTE as a Buy, 1 (50%) are recommending CSTE as a Hold, 0 (0%) are recommending CSTE as a Sell, and 0 (0%) are recommending CSTE as a Strong Sell.
What is CSTE's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: CSTE) forecast ROE is 10.19%, which is considered weak.
What is CSTE's Price Target?
According to 2 Wall Street analysts that have issued a 1 year CSTE price target, the average CSTE price target is $6.00, with the highest CSTE stock price forecast at $6.00 and the lowest CSTE stock price forecast at $6.00.
On average, Wall Street analysts predict that Caesarstone's share price could reach $6.00 by Aug 11, 2024. The average Caesarstone stock price prediction forecasts a potential upside of 37.93% from the current CSTE share price of $4.35.
What is CSTE's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: CSTE) forecast ROA is 5.9%, which is lower than the forecast US Building Products & Equipment industry average of 10.35%.
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