What is Scotiabank’s Estimate for Cascades FY2026 Earnings?

Cascades Inc. (TSE:CAS) – Research analysts at Scotiabank lowered their FY2026 EPS estimates for shares of Cascades in a report released on Thursday, October 22nd. Scotiabank analyst J. Goldman now anticipates that the company will post earnings of $0.86 per share for the year, down from their previous forecast of $1.00. The consensus estimate for Cascades’ current full-year earnings is $1.30 per share.

Cascades (TSE:CAS) last released its earnings results on Thursday, August 6th. The company reported C$0.24 EPS for the quarter. The business had revenue of C$1.22 billion during the quarter. Cascades had a net margin of 2.64% and a return on equity of 7.24%.

A number of other equities research analysts also recently commented on CAS. National Bank Financial increased their price objective on Cascades from C$13.00 to C$17.00 and gave the company a “sector perform” rating in a research report on Monday, August 10th. Canadian Imperial Bank of Commerce lifted their price target on Cascades from C$17.50 to C$23.00 in a research note on Wednesday, September 30th. TD raised their price objective on shares of Cascades from C$19.00 to C$20.00 and gave the stock a “buy” rating in a research note on Wednesday, October 14th. Royal Bank Of Canada lifted their price objective on shares of Cascades from C$15.00 to C$18.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Finally, Desjardins boosted their target price on shares of Cascades from C$13.00 to C$19.00 and gave the company a “hold” rating in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$18.38.

Cascades Trading Up 0.2%

Cascades stock opened at C$17.08 on Monday. The company has a debt-to-equity ratio of 111.08, a quick ratio of 0.86 and a current ratio of 1.48. The firm has a market cap of C$1.73 billion, a price-to-earnings ratio of 13.77, a price-to-earnings-growth ratio of 0.56 and a beta of 1.03. Cascades has a 1 year low of C$10.25 and a 1 year high of C$18.86. The firm’s 50 day moving average price is C$17.32 and its two-hundred day moving average price is C$13.44.

Cascades Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Thursday, September 3rd were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Thursday, August 20th. Cascades’s payout ratio is currently 38.71%.

Insider Transactions at Cascades

In other news, insider Jérôme Nadeau sold 5,234 shares of Cascades stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of C$17.30, for a total transaction of C$90,548.20. Following the completion of the sale, the insider directly owned 21,997 shares in the company, valued at C$380,548.10. The trade was a 19.22% decrease in their position. Also, insider Allan Hogg sold 17,684 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of C$17.50, for a total value of C$309,470.00. Following the completion of the sale, the insider directly owned 112,056 shares of the company’s stock, valued at approximately C$1,960,980. The trade was a 13.63% decrease in their position. Over the last ninety days, insiders have sold 27,395 shares of company stock valued at $480,844. 23.78% of the stock is owned by insiders.

About Cascades

Founded in 1964, Cascades offers sustainable, innovative and value-added solutions for packaging, hygiene and recovery needs. The company employs approximately 9,000 talented people across a network of 60 production units in North America. With its participative management, half a century of experience in recycling, and ongoing efforts in research and development as driving forces, Cascades continues to deliver the innovative products that customers have come to rely on, while contributing to the well-being of people, communities and the entire planet.