Caesarstone is in the basic materials sector and trades as part of the building materials industry. The company CEO is Yuval Dagim. Caesarstone manufactures engineered quartz surfaces. Its products are used in both residential and commercial buildings as counter-tops, vanities, wall cladding, floors, and other interior surfaces.



Previous Intraday Performance:

The CSTE shares had a previous change of 2.24% which opened at 15.17 and closed at 15.51. It moved to an intraday high of 15.56 and a low of 15.10.

Business Wire:  Caesarstone Files Annual Report on Form 20-F for the Year Ended December 31, 2018

Historical Performance:

Over the last five trading days, CSTE shares returned -0.19% and in the past 30 trading days it returned -4.96%. Over three months, it changed 21.74%. In one year it has changed -16.67% and within that year its 52-week high was 21.80 and its 52-week low was 12.49. CSTE stock is 24.18% above its 52 Week Low.

Our calculations result in a 200 day moving average of 16.19 and a 50 day moving average of 15.88. Right now, CSTE stock is trading -4.19% below its 200 day moving average and may be a great opportunity to buy, but should check other technical indicators to confirm a buy signal.

Business Wire:  Caesarstone Files Annual Report on Form 20-F for the Year Ended December 31, 2018

Liquidity:

The company has a market cap of $533.1m with 34.4m shares outstanding and a float of 34.4m shares. Trading volume was 61,728 shares and has experienced an average volume of 127,469 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Caesarstone was 0.73 which ended on 31st of December 2018, which according to the previous close, that is a PE of 21.25. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.14. The trailing twelve month EPS is 0.72, which comes to a trailing twelve month PE of 21.54. Historically, the PE high was 36.30 and the PE low was 10.10. If the stock reached its PE low, that would represent a price of 7.27, which is a decrease of -53.11%.

Below was the last reported quarterly earnings per share:
12-31-2018:  0.04
09-30-2018:  0.31
06-30-2018:  0.32
03-31-2018:  0.05

The dividend per share is currently 0.60, which is a dividend yield of 3.87%.

Base on our calculations, the intrinsic value per share is 9.27, which means it might overvalued by -67.29%



The next earnings report will be: 04-24-2019

The growth of the EPS is critical in understanding the current valuation of Caesarstone; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been -2.20% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 64.20% of institutional ownership.

I calculated the beta to be 1.74

SeekingAlpha:  Cannae Holdings EPS of $0.65

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 5.22%, return on assets is 3.88%, profit margin is 4.27%, price-to-sales is 0.91 and price-to-book is 1.10.

Company Score Card:

Results are out of six:
 1  : Growth Expectations Result
 6  : Financial Safety Result
 0  : Past Performance Result
 1  : Valuation Result
 0  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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