Should I buy or sell Cascades stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cascades in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CAS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAS, but not buy additional shares or sell existing shares. View CAS analyst ratings or view top-rated stocks .

What is Cascades' stock price target for 2024?

5 brokerages have issued twelve-month price targets for Cascades' shares. Their CAS share price targets range from C$11.00 to C$13.00. On average, they expect the company's stock price to reach C$11.60 in the next year. This suggests a possible upside of 24.9% from the stock's current price. View analysts price targets for CAS or view top-rated stocks among Wall Street analysts .

How have CAS shares performed in 2024?

Cascades' stock was trading at C$12.73 on January 1st, 2024. Since then, CAS shares have decreased by 27.0% and is now trading at C$9.29. View the best growth stocks for 2024 here .

When is Cascades' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our CAS earnings forecast .

How were Cascades' earnings last quarter?

Cascades Inc. (TSE:CAS) posted its quarterly earnings results on Thursday, February, 22nd. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.30 by $0.25. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.22 billion. Cascades had a negative net margin of 1.64% and a negative trailing twelve-month return on equity of 2.86%.

How often does Cascades pay dividends? What is the dividend yield for Cascades?

Cascades announced a 1 dividend on Wednesday, March 6th. Shareholders of record on Thursday, March 21st will be given a dividend of 0.48 per share on Thursday, March 7th. This represents a dividend yield of 4.66%. The ex-dividend date of this dividend is Thursday, March 21st. This is an increase from the stock's previous 1 dividend of C$0.12. Read our dividend analysis for CAS .

Is Cascades a good dividend stock?

Cascades (TSE:CAS) pays an annual dividend of C$0.48 per share and currently has a dividend yield of 5.02%. CAS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for CAS .

What other stocks do shareholders of Cascades own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cascades investors own include Intact Financial (IFC) , Constellation Software (CSU) , AutoCanada (ACQ) , Alimentation Couche-Tard (ATD.B) , AbbVie (ABBV) , Vermilion Energy (VET) , Wheaton Precious Metals (WPM) , Open Text (OTEX) , Rogers Communications (RCI) and Valeant Pharmaceuticals International (VRX) .

How do I buy shares of Cascades?

Shares of CAS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:CAS

Cascades (CAS) Stock Price, News & Analysis

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Free CAS Stock Alerts

C$9.29

+0.10 (+1.09%)

(As of 04/19/2024 ET)

Compare

Today's Range: C$9.15
▼
C$9.37
50-Day Range: C$9.19
▼
C$14.79
52-Week Range: C$9.14
▼
C$15.00

Volume: 108,166 shs
Average Volume: 269,860 shs
Market Capitalization: C$935.60 million

P/E Ratio: N/A
Dividend Yield: 5.17%
Price Target: C$11.60

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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Cascades MarketRank™ Stock Analysis

Analyst Rating: Hold
2.20 Rating Score
Upside/Downside: 24.9% Upside
C$11.60 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.04
Based on 21 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.51 out of 5 stars

3.1

Analyst's Opinion

Consensus Rating
Cascades has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Cascades has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for CAS.

1.7

Dividend Strength

Dividend Leadership
Cascades is a leading dividend payer. It pays a dividend yield of 5.02%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cascades does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CAS.

1.1

News and Social Media Coverage

News Sentiment
Cascades has a news sentiment score of -0.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.35 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 21 news articles for Cascades this week, compared to 8 articles on an average week.
Search Interest
Only 3 people have searched for CAS on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cascades insiders have not sold or bought any company stock.
Percentage Held by Insiders
22.43% of the stock of Cascades is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 30.95% of the stock of Cascades is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Cascades is -12.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cascades is -12.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Cascades has a PEG Ratio of 0.56. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Cascades has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Cascades Stock (TSE:CAS)

Cascades Inc. produces, converts, and markets packaging and tissue products in Canada and the United States. The company operates through three segments: Containerboard, Specialty Products, and Tissue Papers. It offers various packaging solutions and tissue products comprised of recycled fibers; tissue papers, comprising parent rolls of virgin and recycled fibres; specialty products, including uncoated recycled boxboards; and containerboards. It also engages in the recovery and recycling activities. Cascades Inc. was incorporated in 1964 and is headquartered in Kingsey Falls, Canada.

CAS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CAS Stock News Headlines

April 20, 2024 | msn.com

Hampshire men jailed for "frightening" attempted robbery at Cascades Shopping Centre jewellers

April 19, 2024 | msn.com

Tallahassee's Cascades Park bridge to be lit purple next week to recognize crime victims

April 20, 2024 | Behind the Markets (Ad)

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April 19, 2024 | msn.com

Donation offered to replace 54-year-old North Mesa Senior Center

April 18, 2024 | msn.com

Officials identify body found while clearing North Cascades Highway

April 18, 2024 | msn.com

Scenic North Cascades Highway to reopen this week

April 18, 2024 | news.yahoo.com

Opening date set for North Cascades Highway

April 18, 2024 | msn.com

State needs to assure better rail service for Amtrak Cascades

April 20, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

April 17, 2024 | msn.com

Adaptive programs in Great Smoky Mountains National Park to expand

April 17, 2024 | americanbankingnews.com

Cascades (TSE:CAS) Price Target Cut to C$11.00 by Analysts at TD Securities

April 15, 2024 | msn.com

Best Waterfalls in New Hampshire: 15 Local Favorites & Hidden Gems

April 15, 2024 | americanbankingnews.com

Cascades Inc. Forecasted to Post FY2024 Earnings of $0.58 Per Share (TSE:CAS)

April 13, 2024 | msn.com

Thunderstorms with potential for large hail loom over Cascades and central Oregon

April 13, 2024 | yahoo.com

FSU College of Music bandmates take on musical adventure with Word of South

April 13, 2024 | msn.com

Police investigating fatal shooting at Antioch apartment complex

April 13, 2024 | americanbankingnews.com

Cascades (TSE:CAS) PT Lowered to C$12.00

April 13, 2024 | americanbankingnews.com

Cascades (TSE:CAS) Price Target Cut to C$11.00

April 13, 2024 | americanbankingnews.com

National Bank Financial Comments on Cascades Inc.'s Q2 2024 Earnings (TSE:CAS)

April 11, 2024 | msn.com

Cool Breeze Art and Smooth Jazz Festival taking place at Cascades Park Thursday through Saturday

April 11, 2024 | msn.com

Word of South countdown: Author Ginny Sain weaves coming of age magic into stories

April 9, 2024 | yahoo.com

Seattle weather: Drier, sunnier weather ahead for Seattle this weekend

April 8, 2024 | msn.com

10 Hidden Gems To Discover in Coorg (Kodagu)

April 8, 2024 | msn.com

Grizzly bears return to North Cascade ecosystem long overdue

April 8, 2024 | msn.com

Three Scenic Amtrak Routes That Won't Break The Bank

April 6, 2024 | msn.com

Comment: North Cascades need balance grizzlies will bring

April 6, 2024 | msn.com

Last man to see a grizzly in Cascades says return ‘would be wonderful’

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Dividend Payable: 3/07/2024
Ex-Dividend for 3/7 Dividend: 3/21/2024
Today: 4/20/2024
Next Earnings (Confirmed): 5/09/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Consumer Cyclical
Industry: Packaging & Containers
Sub-Industry: N/A
Current Symbol: TSE:CAS
CUSIP: N/A
CIK: N/A
Web: www.cascades.com
Phone: +1-819-3635100
Fax: N/A
Employees: 10,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$11.60
High Stock Price Target: C$13.00
Low Stock Price Target: C$11.00
Potential Upside/Downside: +24.9%
Consensus Rating: Hold
Rating Score (0-4): 2.20
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.76)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 11.19
P/E Growth: 0.56
Net Income: C$-76,000,000.00
Net Margins: -1.64%
Pretax Margin: N/A
Return on Equity: -2.86%
Return on Assets: 3.38%

Debt

Debt-to-Equity Ratio: 108.76
Current Ratio: 1.33
Quick Ratio: 0.86

Sales & Book Value

Annual Sales: C$4.64 billion
Price / Sales: 0.20
Cash Flow: C$0.51 per share
Price / Cash Flow: 18.15
Book Value: C$17.27 per share
Price / Book: 0.54

Miscellaneous

Outstanding Shares: 100,710,000
Free Float: N/A
Market Cap: C$935.60 million
Optionable: Not Optionable
Beta: 0.06

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Key Executives

Dr. Alain Lemaire Ph.D. (Age 77)
Co-Founder & Executive Chairman
Comp: $720.11k
Mr. Mario Plourde (Age 63)
President, CEO & Non-Independent Director
Comp: $2.54M
Mr. Allan Hogg CA
VP & CFO
Mr. Luc Langevin
Senior Vice President of Cascades Services
Mr. Charles Malo (Age 58)
President & COO of Containerboard Packaging Group
Comp: $1.07M
Mr. Dominic Doré
Chief Supply Chain & Information Officer
Ms. Jennifer Aitken
Director of Investor Relations
Mr. Robert F. Hall (Age 67)
Chief of Strategy & Legal Affairs
Comp: $1.22M
Mr. Hugo D'Amours
Vice-President, Communications, Public Affairs & Sustainable Development
Mr. Riko Gaudreault ASA
CFA, Vice President of Corporate Development

Key Competitors

View All Competitors

CAS Stock Analysis - Frequently Asked Questions

Should I buy or sell Cascades stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cascades in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CAS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAS, but not buy additional shares or sell existing shares.
View CAS analyst ratings or view top-rated stocks.
What is Cascades' stock price target for 2024?: 5 brokerages have issued twelve-month price targets for Cascades' shares. Their CAS share price targets range from C$11.00 to C$13.00. On average, they expect the company's stock price to reach C$11.60 in the next year. This suggests a possible upside of 24.9% from the stock's current price.
View analysts price targets for CAS or view top-rated stocks among Wall Street analysts.
How have CAS shares performed in 2024?: Cascades' stock was trading at C$12.73 on January 1st, 2024. Since then, CAS shares have decreased by 27.0% and is now trading at C$9.29.
View the best growth stocks for 2024 here.
When is Cascades' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our CAS earnings forecast.
How were Cascades' earnings last quarter?: Cascades Inc. (TSE:CAS) posted its quarterly earnings results on Thursday, February, 22nd. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.30 by $0.25. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.22 billion. Cascades had a negative net margin of 1.64% and a negative trailing twelve-month return on equity of 2.86%.

How often does Cascades pay dividends? What is the dividend yield for Cascades?: Cascades announced a 1 dividend on Wednesday, March 6th. Shareholders of record on Thursday, March 21st will be given a dividend of 0.48 per share on Thursday, March 7th. This represents a dividend yield of 4.66%. The ex-dividend date of this dividend is Thursday, March 21st. This is an increase from the stock's previous 1 dividend of C$0.12.
Read our dividend analysis for CAS.
Is Cascades a good dividend stock?: Cascades (TSE:CAS) pays an annual dividend of C$0.48 per share and currently has a dividend yield of 5.02%. CAS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CAS.
What other stocks do shareholders of Cascades own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Cascades investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Open Text (OTEX), Rogers Communications (RCI) and Valeant Pharmaceuticals International (VRX).
How do I buy shares of Cascades?: Shares of CAS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:CAS) was last updated on 4/20/2024 by MarketBeat.com Staff

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Cascades (CAS) Stock Price, News & Analysis

Cascades MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Cascades Stock (TSE:CAS)

CAS Stock Price History

CAS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

CAS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™