Cascades (CAS) – Research Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Cascades (TSE: CAS) in the last few weeks:

• 4/24/2025 – Cascades had its price target lowered by analysts at National Bankshares, Inc. from C$14.00 to C$11.00. They now have a “sector perform” rating on the stock.
• 4/22/2025 – Cascades had its price target lowered by analysts at Royal Bank of Canada from C$13.00 to C$11.00. They now have a “sector perform” rating on the stock.
• 4/22/2025 – Cascades had its price target lowered by analysts at CIBC from C$13.00 to C$10.00. They now have a “neutral” rating on the stock.
• 4/17/2025 – Cascades had its price target lowered by analysts at TD Securities from C$16.00 to C$12.00. They now have a “buy” rating on the stock.

Cascades Stock Up 0.8 %

TSE:CAS traded up C$0.07 during mid-day trading on Monday, hitting C$8.91. The stock had a trading volume of 36,036 shares, compared to its average volume of 222,034. Cascades Inc. has a twelve month low of C$8.80 and a twelve month high of C$13.42. The stock has a 50-day simple moving average of C$10.03 and a two-hundred day simple moving average of C$11.19. The company has a current ratio of 1.22, a quick ratio of 0.86 and a debt-to-equity ratio of 121.37. The company has a market capitalization of C$901.26 million, a PE ratio of -12.02, a PEG ratio of 0.56 and a beta of 0.15.

Cascades Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 20th were issued a $0.12 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.39%. Cascades’s payout ratio is -64.73%.

Insider Transactions at Cascades

In related news, Senior Officer Luc Langevin sold 9,000 shares of the company’s stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of C$9.82, for a total value of C$88,380.00. Corporate insiders own 23.78% of the company’s stock.

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.