Aankondiging • Apr 30
Caesarstone Ltd. to Report Q1, 2026 Results on May 13, 2026 Caesarstone Ltd. announced that they will report Q1, 2026 results at 9:00 AM, Eastern Standard Time on May 13, 2026 New Risk • Mar 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$47m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$47m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 44% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$35.3m market cap). Reported Earnings • Mar 05
Full year 2025 earnings released: US$3.98 loss per share (vs US$1.13 loss in FY 2024) Full year 2025 results: US$3.98 loss per share (further deteriorated from US$1.13 loss in FY 2024). Revenue: US$397.2m (down 10% from FY 2024). Net loss: US$137.5m (loss widened 252% from FY 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. New Risk • Feb 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 45% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$68.8m market cap). Aankondiging • Feb 19
Caesarstone Ltd. to Report Q4, 2025 Results on Mar 04, 2026 Caesarstone Ltd. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Mar 04, 2026 Board Change • Feb 12
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Yuval Beeri was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Dec 16
Caesarstone Ltd. Announces Board Changes, Effective December 14, 2025 Caesarstone Ltd. (the “Company”) announced that Mrs. Irit Ben-Dov has resigned from the Company’s board of directors (the “Board”), effective as of December 14, 2025 (the “Resignation”). The Resignation was tendered for personal reasons and not as a result of any disagreement with the Company on any matter relating to its operations, policies, or practices. In connection with the Resignation, the Board has appointed Mr. Yaron Arzi to serve as a director of the Company, effective as of December 14, 2025 (the “Appointment”). Mr. Arzi will serve until the next annual general meeting of shareholders and to fill the vacancy created by the Resignation, in accordance with the Company’s articles of association and applicable law. Mr. Arzi (64) brings over 30 years of senior executive and leadership experience across a broad range of industries, including manufacturing, retail, food, hospitality and international operations. He recently served as Chief Executive Officer of Brown Hotels. Previously, Mr. Arzi held senior financial and executive roles, including Chief Financial Officer and Deputy CEO of Din Marketing and Roasting Group, CFO of Negev Ceramics Group, CFO of Africa Israel Hotels, CFO of Soglowek, CFO of Tivall (Osem–Nestlé Group), and CFO of Johnson & Johnson Israel. He also led turnaround and value-creation processes for companies as part of his role at KCR, working closely with boards and management teams. Mr. Arzi previously served on the board of Africa Israel Hotels and has extensive experience in finance, operations, mergers and acquisitions, restructuring and strategic management. Mr. Arzi holds a Master’s degree in Public Administration from the University of Haifa and a Bachelor’s degree in Economics and Business Administration from Ruppin Academic Center. Aankondiging • Nov 12
Caesarstone Ltd. Announces Closure of Bar-Lev Facility Caesarstone Ltd. announced that on Nov. 11, 2025, the company approved additional steps under its strategic restructuring plan across its operations, commencing with the closure of the manufacturing facility in Bar-Lev, Israel, and a reduction in headcount of approximately 200 employees mostly associated with the facility. This strategic action is intended to increase competitiveness, improve the Company’s profitability and cash flows, enhance service and drive additional cost efficiencies through an optimized manufacturing footprint. Beyond the facility closure, the restructuring plan continues to focus on additional actions that can be taken to improve future profitability and cash flow. Aankondiging • Oct 30
Caesarstone Ltd. to Report Q3, 2025 Results on Nov 12, 2025 Caesarstone Ltd. announced that they will report Q3, 2025 results After-Market on Nov 12, 2025 Aankondiging • Oct 09
Caesarstone Ltd., Annual General Meeting, Nov 19, 2025 Caesarstone Ltd., Annual General Meeting, Nov 19, 2025. Location: kibbutz sdot-yam, mp menashe 3780400, Israel Aankondiging • Oct 08
Caesarstone Unveils New Porcelain Brand for Multi Applications Caesarstone announced the launch of Lioli Porcelain by Caesarstone Ltd. - a cutting-edge porcelain surface forged by an inspired synergy between Caesarstone, the global pioneer of quartz surfaces and Lioli Ceramica, a pioneer in large-format of porcelain surfaces. The advanced porcelain surfaces are suitable for multi applications. They are driven by Caesarstone's legacy of design, quality and excellence, and present endless opportunities for flooring, cladding and other applications both indoors and out. Alongside the introduction of the Lioli Porcelain brand, Caesarstone is proud to launch a new collection, featuring a variety of new surface colours. The new Lioli porcelain collection by Caesarstone Ltd. is grounded in sense-stimulating richness and deep tactility. Lioli Sensorial Tech technology is expertly harnessed to craft crackled, fossilized and grained textures, incorporating effects that echo the topography of naturalstone. The inaugural 2025 Lioli Porcelain collection features a carefully curated range of 6mm slabs, engineered for multi-app applications such as flooring and wall cladding. Each design combines timeless aesthetics with advanced material innovation, delivering refined, tactile surfaces that perform as beautifully as they look. 6MM PORCELAIN: 502 Sleet, 504 Lumena, 506 Mirabel, 507 Marbannova, 510 Impermia, 511 Smokestone, 513 Striata, 516 Locura, 536 Antikella, 581 Lucillia. New Risk • Sep 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 49% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$49.1m market cap). Reported Earnings • Aug 06
Second quarter 2025 earnings released: US$0.54 loss per share (vs US$0.27 loss in 2Q 2024) Second quarter 2025 results: US$0.54 loss per share (further deteriorated from US$0.27 loss in 2Q 2024). Revenue: US$101.1m (down 15% from 2Q 2024). Net loss: US$18.6m (loss widened 102% from 2Q 2024). Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Building industry in the US. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings. Aankondiging • Jul 24
Caesarstone Ltd. to Report Q2, 2025 Results on Aug 06, 2025 Caesarstone Ltd. announced that they will report Q2, 2025 results at 9:00 AM, Eastern Standard Time on Aug 06, 2025 New Risk • Jul 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 54% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (US$68.1m market cap). Reported Earnings • May 07
First quarter 2025 earnings released: US$0.37 loss per share (vs US$0.15 loss in 1Q 2024) First quarter 2025 results: US$0.37 loss per share (further deteriorated from US$0.15 loss in 1Q 2024). Revenue: US$99.6m (down 16% from 1Q 2024). Net loss: US$12.9m (loss widened 153% from 1Q 2024). Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Building industry in the US. Over the last 3 years on average, earnings per share has fallen by 34% per year whereas the company’s share price has fallen by 38% per year. Aankondiging • Apr 24
Caesarstone Ltd. to Report Q1, 2025 Results on May 07, 2025 Caesarstone Ltd. announced that they will report Q1, 2025 results Pre-Market on May 07, 2025 New Risk • Mar 21
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$94.7m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 59% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$94.7m market cap). Reported Earnings • Mar 06
Full year 2024 earnings released: US$0.62 loss per share (vs US$3.13 loss in FY 2023) Full year 2024 results: US$0.62 loss per share (improved from US$3.13 loss in FY 2023). Revenue: US$443.2m (down 22% from FY 2023). Net loss: US$42.8m (loss narrowed 60% from FY 2023). Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Building industry in the US. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings. Aankondiging • Feb 20
Caesarstone Ltd. to Report Q4, 2024 Results on Mar 05, 2025 Caesarstone Ltd. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Mar 05, 2025 Reported Earnings • Nov 14
Third quarter 2024 earnings released: US$0.12 loss per share (vs US$0.029 loss in 3Q 2023) Third quarter 2024 results: US$0.12 loss per share (further deteriorated from US$0.029 loss in 3Q 2023). Revenue: US$107.6m (down 24% from 3Q 2023). Net loss: US$4.22m (loss widened 328% from 3Q 2023). Revenue is forecast to stay flat during the next 2 years compared to a 5.3% growth forecast for the Building industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance. Aankondiging • Oct 31
Caesarstone Ltd. to Report Q3, 2024 Results on Nov 13, 2024 Caesarstone Ltd. announced that they will report Q3, 2024 results Pre-Market on Nov 13, 2024 New Risk • Aug 25
New major risk - Revenue and earnings growth Earnings have declined by 68% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Major Estimate Revision • Aug 14
Consensus EPS estimates fall by 86% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$505.7m to US$476.9m. Losses expected to increase from US$0.42 per share to US$0.78. Building industry in the US expected to see average net income growth of 17% next year. Consensus price target down from US$6.50 to US$5.50. Share price fell 13% to US$4.58 over the past week. Price Target Changed • Aug 09
Price target decreased by 15% to US$5.50 Down from US$6.50, the current price target is an average from 2 analysts. New target price is 17% above last closing price of US$4.72. Stock is down 1.7% over the past year. The company is forecast to post a net loss per share of US$0.78 next year compared to a net loss per share of US$3.13 last year. Aankondiging • Aug 09
Caesarstone Ltd., Annual General Meeting, Sep 19, 2024 Caesarstone Ltd., Annual General Meeting, Sep 19, 2024. Location: companys offices at kibbutz sdot-yam, mp menashe 3780400, israel, Israel Reported Earnings • Aug 08
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: US$0.27 loss per share (improved from US$1.52 loss in 2Q 2023). Revenue: US$119.4m (down 17% from 2Q 2023). Net loss: US$9.18m (loss narrowed 83% from 2Q 2023). Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 125%. Revenue is expected to decline by 3.2% p.a. on average during the next 2 years, while revenues in the Building industry in the US are expected to grow by 5.3%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Aankondiging • Jul 25
Caesarstone Ltd. to Report Q2, 2024 Results on Aug 07, 2024 Caesarstone Ltd. announced that they will report Q2, 2024 results Pre-Market on Aug 07, 2024 Reported Earnings • May 08
First quarter 2024 earnings released: US$0.15 loss per share (vs US$0.11 loss in 1Q 2023) First quarter 2024 results: US$0.15 loss per share (further deteriorated from US$0.11 loss in 1Q 2023). Revenue: US$118.3m (down 22% from 1Q 2023). Net loss: US$5.09m (loss widened 35% from 1Q 2023). Revenue is forecast to stay flat during the next 2 years compared to a 5.3% growth forecast for the Building industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Aankondiging • Apr 26
Caesarstone Ltd. to Report Q1, 2024 Results on May 08, 2024 Caesarstone Ltd. announced that they will report Q1, 2024 results Pre-Market on May 08, 2024 Buy Or Sell Opportunity • Apr 25
Now 25% undervalued Over the last 90 days, the stock has risen 51% to US$6.27. The fair value is estimated to be US$8.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 5.3% in 2 years. Earnings are forecast to grow by 93% in the next 2 years. New Risk • Apr 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Major Estimate Revision • Feb 28
Consensus estimates of losses per share improve by 42% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from US$507.1m to US$529.6m. EPS estimate increased from -US$0.67 per share to -US$0.39 per share. Building industry in the US expected to see average net income growth of 18% next year. Consensus price target of US$5.50 unchanged from last update. Share price rose 9.3% to US$4.48 over the past week. Reported Earnings • Feb 22
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: US$3.12 loss per share (further deteriorated from US$1.66 loss in FY 2022). Revenue: US$565.2m (down 18% from FY 2022). Net loss: US$107.7m (loss widened 88% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 74%. Revenue is expected to decline by 3.9% p.a. on average during the next 2 years, while revenues in the Building industry in the US are expected to grow by 5.1%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Aankondiging • Feb 08
Caesarstone Ltd. to Report Q4, 2023 Results on Feb 21, 2024 Caesarstone Ltd. announced that they will report Q4, 2023 results Pre-Market on Feb 21, 2024 Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 2 highly experienced directors. Independent External Director Nurit Benjamini was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Price Target Changed • Dec 26
Price target decreased by 8.3% to US$5.50 Down from US$6.00, the current price target is an average from 2 analysts. New target price is 41% above last closing price of US$3.90. Stock is down 33% over the past year. The company is forecast to post a net loss per share of US$1.80 next year compared to a net loss per share of US$1.66 last year. Reported Earnings • Nov 10
Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2023 results: US$0.026 loss per share (further deteriorated from US$0.016 loss in 3Q 2022). Revenue: US$142.4m (down 21% from 3Q 2022). Net loss: US$887.0k (loss widened 57% from 3Q 2022). Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) exceeded analyst estimates by 84%. Revenue is expected to decline by 3.2% p.a. on average during the next 3 years, while revenues in the Building industry in the US are expected to grow by 3.9%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Aankondiging • Oct 26
Caesarstone Ltd. to Report Q3, 2023 Results on Nov 08, 2023 Caesarstone Ltd. announced that they will report Q3, 2023 results Pre-Market on Nov 08, 2023 Aankondiging • Sep 22
Caesarstone Ltd., Annual General Meeting, Oct 30, 2023 Caesarstone Ltd., Annual General Meeting, Oct 30, 2023, at 14:00 Coordinated Universal Time. Location: the Company’s offices at Kibbutz Sdot-Yam Menashe Israel Agenda: To re-elect Dr. Ariel Halperin, Ronald Kaplan and Tom Pardo Izhaki, and to elect Giora Wegman, Ornit Raz, Maxim Ohana and David Reis to serve as directors of the Company until the close of the next annual general meeting of the shareholders of the Company; to re-elect each of Nurit Benjamini and Lily Ayalon to serve as external directors of the Company for a three-year term, commencing on December 1, 2023, and to approve their terms of compensation; to approve the grant of equity-based compensation to Ronald Kaplan, Nurit Benjamini, Lily Ayalon, Ornit Raz and David Reis, subject to each such director’s election or re-election, as applicable, as a director at the Meeting; and to consider other matters. Reported Earnings • Aug 10
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: US$1.52 loss per share (down from US$0.32 profit in 2Q 2022). Revenue: US$143.7m (down 20% from 2Q 2022). Net loss: US$52.6m (down US$63.6m from profit in 2Q 2022). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to stay flat during the next 2 years compared to a 4.5% growth forecast for the Building industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Aankondiging • Jul 28
Caesarstone Ltd. to Report Q2, 2023 Results on Aug 09, 2023 Caesarstone Ltd. announced that they will report Q2, 2023 results Pre-Market on Aug 09, 2023 Reported Earnings • May 10
First quarter 2023 earnings: EPS and revenues miss analyst expectations First quarter 2023 results: US$0.11 loss per share (down from US$0.18 profit in 1Q 2022). Revenue: US$150.6m (down 12% from 1Q 2022). Net loss: US$3.78m (down 161% from profit in 1Q 2022). Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Building industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 02
Full year 2022 earnings released: US$1.65 loss per share (vs US$0.51 profit in FY 2021) Full year 2022 results: US$1.65 loss per share (down from US$0.51 profit in FY 2021). Revenue: US$690.8m (up 7.3% from FY 2021). Net loss: US$57.1m (down 425% from profit in FY 2021). Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Building industry in the US. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to US$4.74, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Building industry in the US. Total loss to shareholders of 54% over the past three years. Aankondiging • Feb 02
Caesarstone Ltd. to Report Q4, 2022 Results on Mar 01, 2023 Caesarstone Ltd. announced that they will report Q4, 2022 results Pre-Market on Mar 01, 2023 Major Estimate Revision • Nov 16
Consensus EPS estimates fall by 54% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$722.0m to US$697.2m. EPS estimate also fell from US$1.06 per share to US$0.49 per share. Net income forecast to grow 44% next year vs 12% growth forecast for Building industry in the US. Consensus price target down from US$14.50 to US$9.50. Share price fell 21% to US$6.77 over the past week. Price Target Changed • Nov 10
Price target decreased to US$9.50 Down from US$14.50, the current price target is an average from 2 analysts. New target price is 36% above last closing price of US$6.96. Stock is down 46% over the past year. The company is forecast to post earnings per share of US$0.49 for next year compared to US$0.51 last year. Major Estimate Revision • Aug 10
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$0.90 to US$1.06. Revenue forecast steady at US$720.7m. Net income forecast to grow 93% next year vs 13% growth forecast for Building industry in the US. Consensus price target down from US$15.50 to US$14.50. Share price rose 6.8% to US$10.30 over the past week. Upcoming Dividend • Aug 09
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 16 August 2022. Payment date: 07 September 2022. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 10.0%. Within top quartile of American dividend payers (4.1%). Higher than average of industry peers (1.6%). Reported Earnings • Aug 04
Second quarter 2022 earnings: EPS exceeds analyst expectations Second quarter 2022 results: EPS: US$0.32 (up from US$0.047 in 2Q 2021). Revenue: US$180.3m (up 10% from 2Q 2021). Net income: US$11.0m (up US$9.44m from 2Q 2021). Profit margin: 6.1% (up from 1.0% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 45%. Over the next year, revenue is forecast to grow 9.1%, compared to a 9.8% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Price Target Changed • May 13
Price target decreased to US$15.50 Down from US$18.00, the current price target is an average from 2 analysts. New target price is 70% above last closing price of US$9.11. Stock is down 43% over the past year. The company is forecast to post earnings per share of US$0.90 for next year compared to US$0.51 last year. Reported Earnings • May 12
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: US$0.18 (down from US$0.41 in 1Q 2021). Revenue: US$170.4m (up 17% from 1Q 2021). Net income: US$6.23m (down 56% from 1Q 2021). Profit margin: 3.7% (down from 9.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Over the next year, revenue is forecast to grow 9.6%, compared to a 10% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 18
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: US$0.51 (up from US$0.21 in FY 2020). Revenue: US$643.9m (up 32% from FY 2020). Net income: US$17.6m (up 143% from FY 2020). Profit margin: 2.7% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 31%. Over the next year, revenue is forecast to grow 12%, compared to a 10% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 10% per year. Major Estimate Revision • Feb 16
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from US$710.2m to US$718.3m. EPS estimate fell from US$1.03 to US$0.86 per share. Net income forecast to grow 69% next year vs 21% growth forecast for Building industry in the US. Consensus price target up from US$17.00 to US$17.50. Share price fell 5.1% to US$11.86 over the past week. Reported Earnings • Feb 11
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: US$0.55 (up from US$0.21 in FY 2020). Revenue: US$643.9m (up 32% from FY 2020). Net income: US$19.0m (up 163% from FY 2020). Profit margin: 2.9% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 31%. Over the next year, revenue is forecast to grow 12%, compared to a 11% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Nov 09
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 16 November 2021. Payment date: 30 November 2021. Trailing yield: 3.0%. Lower than top quartile of American dividend payers (3.4%). Higher than average of industry peers (1.1%). Price Target Changed • Nov 05
Price target decreased to US$17.00 Down from US$19.50, the current price target is provided by 1 analyst. New target price is 27% above last closing price of US$13.35. Stock is up 18% over the past year. The company is forecast to post earnings per share of US$0.74 for next year compared to US$0.21 last year. Reported Earnings • Nov 05
Third quarter 2021 earnings released: EPS US$0.17 (vs US$0.37 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$163.3m (up 32% from 3Q 2020). Net income: US$5.85m (down 54% from 3Q 2020). Profit margin: 3.6% (down from 10% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 4% per year. Executive Departure • Sep 07
Chief Financial Officer Ophir Yakovian has left the company During their tenure, earnings grew by 15% annually compared to the industry average of 7.4%. On the 1st of September, Ophir Yakovian left the company after 3.4 in the role. We don't have any record of a personal shareholding under Ophir's name. Ophir is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.04 years.