Caesarstone (NASDAQ:CSTE – Get Free Report) is projected to announce its earnings results before the market opens on Wednesday, March 5th. Analysts expect the company to announce earnings of ($0.23) per share and revenue of $99.40 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.
Caesarstone Trading Down 1.6 %
Shares of CSTE opened at $3.72 on Wednesday. Caesarstone has a 12 month low of $3.70 and a 12 month high of $6.81. The firm has a fifty day simple moving average of $4.25 and a 200 day simple moving average of $4.41. The stock has a market capitalization of $128.45 million, a price-to-earnings ratio of -1.85 and a beta of 0.17.
Analysts Set New Price Targets
Separately, StockNews.com initiated coverage on shares of Caesarstone in a report on Sunday. They set a “hold” rating for the company.
About Caesarstone
Caesarstone Ltd., together with its subsidiaries, designs, develops, manufactures, and markets engineered stone and other materials under the Caesarstone brand in the United States, Canada, Latin America, Australia, Asia, Europe, the Middle East and Africa, and Israel. The company’s engineered stone slabs are primarily used as indoor and outdoor kitchen countertops in the renovation and remodeling, and residential construction sectors.
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