Cascades Inc. (TSE:CAS – Free Report) – National Bank Financial dropped their Q1 2025 earnings per share (EPS) estimates for Cascades in a note issued to investors on Wednesday, April 23rd. National Bank Financial analyst Z. Evershed now forecasts that the company will post earnings per share of $0.09 for the quarter, down from their previous forecast of $0.24. The consensus estimate for Cascades’ current full-year earnings is $1.30 per share. National Bank Financial also issued estimates for Cascades’ FY2026 earnings at $1.38 EPS.
CAS has been the subject of several other reports. TD Securities reduced their price objective on Cascades from C$16.00 to C$12.00 and set a “buy” rating for the company in a research report on Thursday, April 17th. National Bankshares reduced their price objective on Cascades from C$14.00 to C$11.00 and set a “sector perform” rating for the company in a research report on Thursday, April 24th. Royal Bank of Canada reduced their price objective on Cascades from C$13.00 to C$11.00 and set a “sector perform” rating for the company in a research report on Tuesday, April 22nd. Scotiabank raised Cascades from a “hold” rating to a “strong-buy” rating and increased their price objective for the company from C$12.00 to C$15.50 in a research report on Monday, January 27th. Finally, CIBC reduced their price objective on Cascades from C$13.00 to C$10.00 and set a “neutral” rating for the company in a research report on Tuesday, April 22nd. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$11.90.
Cascades Trading Up 0.3 %
Shares of CAS stock opened at C$8.87 on Monday. Cascades has a 12 month low of C$8.80 and a 12 month high of C$13.42. The company has a quick ratio of 0.86, a current ratio of 1.22 and a debt-to-equity ratio of 121.37. The business’s 50 day moving average is C$9.95 and its two-hundred day moving average is C$11.18. The company has a market cap of C$897.21 million, a PE ratio of -11.96, a price-to-earnings-growth ratio of 0.56 and a beta of 0.15.
Cascades Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 20th were given a $0.12 dividend. The ex-dividend date was Thursday, March 6th. This represents a $0.48 annualized dividend and a yield of 5.41%. Cascades’s dividend payout ratio (DPR) is currently -64.73%.
Insider Buying and Selling
In related news, Senior Officer Luc Langevin sold 9,000 shares of the stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of C$9.82, for a total transaction of C$88,380.00. 23.78% of the stock is owned by company insiders.
About Cascades
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.
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