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 earnings growth forecast for 2023-2023?
(NASDAQ: CSTE) Caesarstone's forecast annual earnings growth rate of N/A is not forecast to beat the US Building Products & Equipment industry's average forecast earnings growth rate of N/A, and while it is not forecast to beat the US market's average forecast earnings growth rate of N/A.
Caesarstone's earnings in 2023 is $14,035,000.
In 2023, CSTE is forecast to generate $37,582,802 in earnings, with the lowest earnings forecast at $37,582,802 and the highest earnings forecast at $37,582,802.
What is CSTE's revenue growth forecast for 2023-2023?
(NASDAQ: CSTE) Caesarstone's forecast annual revenue growth rate of N/A is not forecast to beat the US Building Products & Equipment industry's average forecast revenue growth rate of N/A, and while it is not forecast to beat the US market's average forecast revenue growth rate of N/A.
Caesarstone's revenue in 2023 is $702,494,000.
In 2023, CSTE is forecast to generate $26,922,043,804 in revenue, with the lowest revenue forecast at $26,922,043,804 and the highest revenue forecast at $26,922,043,804.
What is CSTE's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: CSTE) forecast ROA is 4.4%, which is lower than the forecast US Building Products & Equipment industry average of 12.22%.
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 $15.50, with the highest CSTE stock price forecast at $17.00 and the lowest CSTE stock price forecast at $14.00.
On average, Wall Street analysts predict that Caesarstone's share price could reach $15.50 by Aug 18, 2023. The average Caesarstone stock price prediction forecasts a potential upside of 139.2% from the current CSTE share price of $6.48.
What is CSTE's Earnings Per Share (EPS) forecast for 2023-2023?
(NASDAQ: CSTE) Caesarstone's current Earnings Per Share (EPS) is $0.37. In 2023, CSTE's EPS is forecast to hit $1.09 (min: $1.09, max: $1.09).
What is CSTE's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: CSTE) forecast ROE is 7.54%, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.