Stock To Watch: CaesarStone Sdot-Yam Ltd. (NASDAQ:CSTE)


The leading market experts have placed a mean price target of $46.80 on CaesarStone Sdot-Yam Ltd. (NASDAQ:CSTE) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.67 a share for the upcoming quarter and $2.58 for the current fiscal.

Technical View

The technical analysis of Caesarstone Ltd. plainly substantiates that the 50-day moving average of Caesarstone Ltd. is $36.49, and stock is trading $2.67 points away or +7.30% from its 50-day moving average of $36.49. Further it is trading $2.69 or +7.37% away its 200-day moving average of $36.47. CaesarStone Sdot-Yam Ltd. (NASDAQ:CSTE) 52-week high is $53.59 and the 52-week low is $27.31.

This explains if the stock moves $-14.43, it will post a 52-week high. In event of +43.39% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Caesarstone Ltd., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, CaesarStone Sdot-Yam Ltd. (NASDAQ:CSTE) ratio came in at 18.30.

The stock last ended the trading session at $39.16 and registered a market cap of $1.36B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. CaesarStone Sdot-Yam Ltd. (NASDAQ:CSTE) PEG ratio is at 1.11.

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