Cascades Inc. (TSE:CAS – Free Report) – Equities researchers at Desjardins issued their FY2026 EPS estimates for shares of Cascades in a note issued to investors on Thursday, February 20th. Desjardins analyst F. Tremblay expects that the company will post earnings per share of $1.53 for the year. The consensus estimate for Cascades’ current full-year earnings is $1.30 per share.
A number of other research firms have also recently issued reports on CAS. TD Securities lifted their price target on shares of Cascades from C$12.00 to C$14.00 and gave the company a “buy” rating in a research note on Friday, November 8th. CIBC lifted their price target on shares of Cascades from C$12.00 to C$13.00 in a research note on Wednesday, January 15th. Royal Bank of Canada raised their price objective on Cascades from C$12.00 to C$13.00 and gave the company a “sector perform” rating in a report on Friday, December 20th. Finally, Scotiabank upgraded Cascades from a “hold” rating to a “strong-buy” rating and raised their price objective for the company from C$12.00 to C$15.50 in a report on Monday, January 27th. Three analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$13.25.
Cascades Price Performance
Cascades stock opened at C$11.44 on Monday. The company’s fifty day moving average price is C$12.34 and its 200 day moving average price is C$11.09. Cascades has a 1 year low of C$8.83 and a 1 year high of C$13.42. The stock has a market capitalization of C$1.16 billion, a P/E ratio of -15.43, a P/E/G ratio of 0.56 and a beta of 0.15. The company has a debt-to-equity ratio of 121.37, a quick ratio of 0.86 and a current ratio of 1.22.
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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