Caesarstone Stock Price on March 7, 2024
| CSTE Stock | USD 6.39 0.08 1.27% |
Below is the normalized historical share price chart for Caesarstone extending back to March 22, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Caesarstone stands at 6.39, as last reported on the 3rd of May, with the highest price reaching 6.56 and the lowest price hitting 6.28 during the day.
If you're considering investing in Caesarstone Stock, it is important to understand the factors that can impact its price. Caesarstone appears to be relatively risky, given 3 months investment horizon. Caesarstone secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of standard deviation over the last 3 months. By analyzing Caesarstone's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please makes use of Caesarstone's risk adjusted performance of 0.1158, and Mean Deviation of 3.37 to double-check if our risk estimates are consistent with your expectations.
At present, Caesarstone's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 633.2 M, whereas Common Stock is forecasted to decline to about 384.2 K. . The current year's Price To Free Cash Flows Ratio is expected to grow to 2.45, whereas Price To Sales Ratio is forecasted to decline to 0.22. Caesarstone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of March 2012 | 200 Day MA 4.4026 | 50 Day MA 4.7684 | Beta 0.41 |
Caesarstone |
Sharpe Ratio = 0.1733
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Estimated Market Risk
| 4.82 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.84 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Caesarstone is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Caesarstone by adding it to a well-diversified portfolio.
Price Book 0.5816 | Enterprise Value Ebitda (4.68) | Price Sales 0.3287 | Shares Float 20 M | Wall Street Target Price 5.5 |
Related Headline
Azek Headline on 7th of March 2024
Disposition of 94431 shares by Michelle Kasson of Azek at 49... by Michelle Kasson
Filed transaction by Azek Company Officer: Cio. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Caesarstone Valuation on March 7, 2024
It is possible to determine the worth of Caesarstone on a given historical date. On March 7, 2024 Caesarstone was worth 4.48 at the beginning of the trading date compared to the closed value of 4.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Caesarstone stock. Still, in general, we apply an absolute valuation method to find Caesarstone's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Caesarstone where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Caesarstone's related companies.
| Open | High | Low | Close | Volume | |
| 4.40 | 4.50 | 4.26 | 4.48 | 91,529 | |
03/07/2024 | 4.48 | 4.48 | 4.32 | 4.40 | 39,604 |
| 4.38 | 4.49 | 4.28 | 4.35 | 10,818 |
| Backtest Caesarstone | | | Caesarstone History | | | Caesarstone Valuation | Previous | Next |
Caesarstone Trading Date Momentum on March 7, 2024
| On March 08 2024 Caesarstone was traded for 4.35 at the closing time. The top price for the day was 4.49 and the lowest listed price was 4.28 . The trading volume for the day was 10.8 K. The trading history from March 8, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.14% . The overall trading delta against the current closing price is 9.09% . |
Caesarstone Fundamentals Correlations and Trends
By evaluating Caesarstone's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Caesarstone's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Caesarstone financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Caesarstone Stock history
Caesarstone investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Caesarstone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Caesarstone will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Caesarstone stock prices may prove useful in developing a viable investing in Caesarstone
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 34.5 M | 36.8 M | |
| Net Loss | -51.5 M | -49 M |
Caesarstone Quarterly Net Working Capital |
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Caesarstone Stock Technical Analysis
Caesarstone technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Caesarstone Period Price Range
Low | March 7, 2024
| High |
4.48 | 4.40 |
Caesarstone May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Caesarstone stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Caesarstone shares will generate the highest return on investment. By undertsting and applying Caesarstone stock market strength indicators, traders can identify Caesarstone entry and exit signals to maximize returns
Caesarstone Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Caesarstone's price direction in advance. Along with the technical and fundamental analysis of Caesarstone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Caesarstone to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1158 | |||
| Jensen Alpha | 0.8045 | |||
| Total Risk Alpha | 0.4484 | |||
| Sortino Ratio | 0.1778 | |||
| Treynor Ratio | (1.60) |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caesarstone. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Caesarstone Stock refer to our How to Trade Caesarstone Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Caesarstone's price analysis, check to measure Caesarstone's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Caesarstone is operating at the current time. Most of Caesarstone's value examination focuses on studying past and present price action to predict the probability of Caesarstone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caesarstone's price. Additionally, you may evaluate how the addition of Caesarstone to your portfolios can decrease your overall portfolio volatility.
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Is Caesarstone's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Caesarstone. If investors know Caesarstone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Caesarstone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 5.869 | Earnings Share (3.13) | Revenue Per Share 16.374 | Quarterly Revenue Growth (0.19) | Return On Assets (0.04) |
The market value of Caesarstone is measured differently than its book value, which is the value of Caesarstone that is recorded on the company's balance sheet. Investors also form their own opinion of Caesarstone's value that differs from its market value or its book value, called intrinsic value, which is Caesarstone's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Caesarstone's market value can be influenced by many factors that don't directly affect Caesarstone's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Caesarstone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caesarstone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caesarstone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.