CaesarStone Sdot-Yam Ltd. (NASDAQ:CSTE) has a mean price target of $46.80 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.67 a share for the very next quarter and $2.58 for this year.
The technical study of Caesarstone Ltd. demonstrates that the 50-day moving average of CaesarStone Sdot-Yam Ltd. (NASDAQ:CSTE) stock is $38.71, and is trading $0.72 points away or +1.86% from 50-day moving average of $38.71. It is trading $2.28 or +6.14% away 200-day moving average of $37.15.
The 52-week high of CaesarStone Sdot-Yam Ltd. (NASDAQ:CSTE) was $43.52 while $27.31 is the low mark in the same period. It state Caesarstone Ltd. share price has to surge more than $-4.09 to hit 52-week high or drop +44.38% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of Caesarstone Ltd., investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. CaesarStone Sdot-Yam Ltd. (NASDAQ:CSTE) ratio came in at 18.43, after dividing current equity price by yearly earnings. Caesarstone Ltd. stock recorded a close of $39.43 in last trading session, registering a market cap of $1.37B.
The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.
Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. CaesarStone Sdot-Yam Ltd. (NASDAQ:CSTE) PEG ratio is at 1.01.
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