Cascades Inc

CAS-T

TSE:CAS

14.16
0.03 (0.21%)
Cascades is a company that produces, converts, and markets packaging and tissue products composed mainly of recycled fibres. Cascades employs more than 11,000 people in more than 100 operating units in North America and Europe.
More at Wikipedia

Analysis and Opinions about CAS-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
June 4, 2020
They had a bit of revenue pulled forward during COVID as everyone bought six months worth of toilet paper. It scores well on valuation and top of the pack on price momentum. The only challenge is the heavier debt load, although supported with valuation. (Analysts’ price target is $13.92)
Show full opinionHide full opinion
Cascades Inc (CAS-T)
June 4, 2020
They had a bit of revenue pulled forward during COVID as everyone bought six months worth of toilet paper. It scores well on valuation and top of the pack on price momentum. The only challenge is the heavier debt load, although supported with valuation. (Analysts’ price target is $13.92)
TOP PICK
TOP PICK
April 24, 2020
They sell paper products from recycled fibers. It has a 10% free cash flow yield and attracts at .68 times enterprise value. He bought in at $12.50. Yield 2.33% (Analysts’ price target is $13.83)
Show full opinionHide full opinion
Cascades Inc (CAS-T)
April 24, 2020
They sell paper products from recycled fibers. It has a 10% free cash flow yield and attracts at .68 times enterprise value. He bought in at $12.50. Yield 2.33% (Analysts’ price target is $13.83)
WEAK BUY
WEAK BUY
August 8, 2019
You will not retire on this stock but it will do little wrong to your portfolio. They make good investments. They are a diversifier and a stable kind of name.
Show full opinionHide full opinion
Cascades Inc (CAS-T)
August 8, 2019
You will not retire on this stock but it will do little wrong to your portfolio. They make good investments. They are a diversifier and a stable kind of name.
PAST TOP PICK
PAST TOP PICK
July 5, 2019

(A Top Pick Jul 20/18, Up 0.1%) Fell a fair bit and then sort of bounced back. They make 100% recycled and recyclable paper. Excited with the future. Signed a deal with Amazon. Also new insulated packaging that's fully recyclable, to keep things cool for food delivery companies. Thinks the company has very good growth prospects.

Show full opinionHide full opinion
Cascades Inc (CAS-T)
July 5, 2019

(A Top Pick Jul 20/18, Up 0.1%) Fell a fair bit and then sort of bounced back. They make 100% recycled and recyclable paper. Excited with the future. Signed a deal with Amazon. Also new insulated packaging that's fully recyclable, to keep things cool for food delivery companies. Thinks the company has very good growth prospects.

WATCH
WATCH
June 14, 2019
Great stable business in recycling. Lots of moving parts, and he can't figure it out. He'll stay on the sidelines for now.
Show full opinionHide full opinion
Cascades Inc (CAS-T)
June 14, 2019
Great stable business in recycling. Lots of moving parts, and he can't figure it out. He'll stay on the sidelines for now.
HOLD
HOLD
May 16, 2019
It was a past pick a while ago but it did not do well. He would stay patient with it. He is a decade trader rather than a day trader. You may want to buy a little more at the lower price. This is a long term play as they come out with compostable packaging for packaged and home delivered food.
Show full opinionHide full opinion
Cascades Inc (CAS-T)
May 16, 2019
It was a past pick a while ago but it did not do well. He would stay patient with it. He is a decade trader rather than a day trader. You may want to buy a little more at the lower price. This is a long term play as they come out with compostable packaging for packaged and home delivered food.
DON'T BUY
DON'T BUY
May 9, 2019
You should have done well but didn't. It has continued its trend down. There is nothing in the chart. Seasonally it is not time to buy it. He would not get into it.
Show full opinionHide full opinion
You should have done well but didn't. It has continued its trend down. There is nothing in the chart. Seasonally it is not time to buy it. He would not get into it.
WEAK BUY
WEAK BUY
May 1, 2019
The valuation has become fairly compelling. It is at half book value, but they have had issues in the tissue segment. He has seen some of their competitors beat expectations so he is hopeful they will have positive news as well.
Show full opinionHide full opinion
The valuation has become fairly compelling. It is at half book value, but they have had issues in the tissue segment. He has seen some of their competitors beat expectations so he is hopeful they will have positive news as well.
DON'T BUY
DON'T BUY
April 23, 2019
He exited Q4 2018. CAS will benefit from e-commerce shipping, but boxboard demand has been a little weak lately, so this sector has been pressured. CAS carries some debt; he wants them to deleverage more. Well-run company and cheap now, but be cautious.
Show full opinionHide full opinion
Cascades Inc (CAS-T)
April 23, 2019
He exited Q4 2018. CAS will benefit from e-commerce shipping, but boxboard demand has been a little weak lately, so this sector has been pressured. CAS carries some debt; he wants them to deleverage more. Well-run company and cheap now, but be cautious.
BUY
BUY
March 20, 2019
There's been an oversupply of tissue in the market. Their container board and boxboard businesses have been steady, but they have come off lately. CAS is getting cheap and attractive. Overall, they've made some improvements to their balance sheet. Current stock prices reflect the competitive market they're in. This is a good long-term investment.
Show full opinionHide full opinion
Cascades Inc (CAS-T)
March 20, 2019
There's been an oversupply of tissue in the market. Their container board and boxboard businesses have been steady, but they have come off lately. CAS is getting cheap and attractive. Overall, they've made some improvements to their balance sheet. Current stock prices reflect the competitive market they're in. This is a good long-term investment.
PAST TOP PICK
PAST TOP PICK
February 5, 2019
(A Top Pick Apr 24/18, Down 21%) Recent earnings have been reasonably strong, but he sold earlier at $11.50 to cut his losses and risk. There's a lot of new capacity in the containerboard industry coming, and there are worries about weakening pricing going with worries over the economy. That's why this stock has been under pressure. Demand for boxes moves up and down with the economy. A cyclical.
Show full opinionHide full opinion
Cascades Inc (CAS-T)
February 5, 2019
(A Top Pick Apr 24/18, Down 21%) Recent earnings have been reasonably strong, but he sold earlier at $11.50 to cut his losses and risk. There's a lot of new capacity in the containerboard industry coming, and there are worries about weakening pricing going with worries over the economy. That's why this stock has been under pressure. Demand for boxes moves up and down with the economy. A cyclical.
BUY
BUY
November 19, 2018
Likes it. Globally, it's one of the cheapest valuations in its sector. It's a way to play e-commerce, since CAS makes boxes that packages are delivered in. Generates a lot of free cash flows. Insiders own a lot of stock.
Show full opinionHide full opinion
Cascades Inc (CAS-T)
November 19, 2018
Likes it. Globally, it's one of the cheapest valuations in its sector. It's a way to play e-commerce, since CAS makes boxes that packages are delivered in. Generates a lot of free cash flows. Insiders own a lot of stock.
COMMENT
COMMENT
November 16, 2018
Would you take a full position? If you bought it as a trade, and the trade is there with the 10% pop, sell it. But if you did it as an investment, he’d continue to hold. Thinks there’s upside from here, and he’d buy some more.
Show full opinionHide full opinion
Cascades Inc (CAS-T)
November 16, 2018
Would you take a full position? If you bought it as a trade, and the trade is there with the 10% pop, sell it. But if you did it as an investment, he’d continue to hold. Thinks there’s upside from here, and he’d buy some more.
COMMENT
COMMENT
October 16, 2018

All forestry stocks are cyclical especially pulp and paper. If you stick with CAS and forestry, then diversify your portfolio instead to something less cyclical, at least non-paper stocks but are in forestry if you want to stay in this space.

Show full opinionHide full opinion
Cascades Inc (CAS-T)
October 16, 2018

All forestry stocks are cyclical especially pulp and paper. If you stick with CAS and forestry, then diversify your portfolio instead to something less cyclical, at least non-paper stocks but are in forestry if you want to stay in this space.

DON'T BUY
DON'T BUY
September 4, 2018

This is a big player in recycle paper products and tissue. This is, historically, a very well run company. It is a cyclical business. They have a manageable level of debt, but a cyclical business should have a stronger balance sheet. They are currently suffering from tissue prices and not getting enough from recycled products, so they are facing margin pressure. He likes the company but there are better places to invest.

Show full opinionHide full opinion
Cascades Inc (CAS-T)
September 4, 2018

This is a big player in recycle paper products and tissue. This is, historically, a very well run company. It is a cyclical business. They have a manageable level of debt, but a cyclical business should have a stronger balance sheet. They are currently suffering from tissue prices and not getting enough from recycled products, so they are facing margin pressure. He likes the company but there are better places to invest.

PAST TOP PICK
PAST TOP PICK
September 4, 2018

(Past Top Pick, July 20, 2018, Up 9%) This company really understands renewables such asin their water use and packaging (100% recyclable material). He's excited with them moving into the food packaging industry. Cascades'
packaging is biodgradable.

Show full opinionHide full opinion
Cascades Inc (CAS-T)
September 4, 2018

(Past Top Pick, July 20, 2018, Up 9%) This company really understands renewables such asin their water use and packaging (100% recyclable material). He's excited with them moving into the food packaging industry. Cascades'
packaging is biodgradable.

WATCH
WATCH
August 14, 2018

This company has two parts: Containerboard and tissue. Both are cyclical businesses. Containerboard depends on economic activity: the more activity, the more boxes are needed. That industry is looking better, partially because of what is happening in the wood industry. In contrast, there is overcapacity of tissue in North America. Buying Cascades now buys tissue while it is down and out and buys containerboard as it’s looking better. This is on his radar, but he’s not ready to buy it yet. He doesn’t recommend against starting a small position it it now, though he is not doing so.

Show full opinionHide full opinion
Cascades Inc (CAS-T)
August 14, 2018

This company has two parts: Containerboard and tissue. Both are cyclical businesses. Containerboard depends on economic activity: the more activity, the more boxes are needed. That industry is looking better, partially because of what is happening in the wood industry. In contrast, there is overcapacity of tissue in North America. Buying Cascades now buys tissue while it is down and out and buys containerboard as it’s looking better. This is on his radar, but he’s not ready to buy it yet. He doesn’t recommend against starting a small position it it now, though he is not doing so.

TOP PICK
TOP PICK
July 20, 2018

Loves this company. A paper company that doesn’t cut down any trees. Use 100% recycled paper. Look to identify efficiencies throughout the entire process. More a corporate than a consumer play. Facilities have begun using sustainability as credibility. Yield is 1.3%. (Analysts’ price target is $12.06.)

Show full opinionHide full opinion
Cascades Inc (CAS-T)
July 20, 2018

Loves this company. A paper company that doesn’t cut down any trees. Use 100% recycled paper. Look to identify efficiencies throughout the entire process. More a corporate than a consumer play. Facilities have begun using sustainability as credibility. Yield is 1.3%. (Analysts’ price target is $12.06.)

BUY WEAKNESS
BUY WEAKNESS
May 30, 2018

He has been watching this closely. It trades below book value, which has historically been a good buy signal. They have had some operational issues, but their input costs have been going down which should overall improve margins. Container board sales have not been as strong as hoped. The tissue industry is also somewhat oversupplied right now. Buying under $12 is a good area, where he thinks it would go back to $15 to $18.

Show full opinionHide full opinion
Cascades Inc (CAS-T)
May 30, 2018

He has been watching this closely. It trades below book value, which has historically been a good buy signal. They have had some operational issues, but their input costs have been going down which should overall improve margins. Container board sales have not been as strong as hoped. The tissue industry is also somewhat oversupplied right now. Buying under $12 is a good area, where he thinks it would go back to $15 to $18.

DON'T BUY
DON'T BUY
May 28, 2018

He doesn't like stocks trading at 52-week lows. At some point, you have to cut this stock out or close your eyes and wait for a recovery.

Show full opinionHide full opinion
Cascades Inc (CAS-T)
May 28, 2018

He doesn't like stocks trading at 52-week lows. At some point, you have to cut this stock out or close your eyes and wait for a recovery.

PAST TOP PICK
PAST TOP PICK
April 24, 2018

(A Top Pick February 15, 2017. Down 8%). He still really likes this company and it is still one of his largest positions. The fundamentals are about as strong as they have ever been.

Show full opinionHide full opinion
Cascades Inc (CAS-T)
April 24, 2018

(A Top Pick February 15, 2017. Down 8%). He still really likes this company and it is still one of his largest positions. The fundamentals are about as strong as they have ever been.

TOP PICK
TOP PICK
April 24, 2018

He is particularly interested in their containerboard business, which is the main input into boxes (for example the kind of boxes used by Amazon). They are benefitting strongly from the growth in e-commerce. Limited new supply of containerboard. The industry is operating at 97% of capacity. Many price increases are going through. They use a lot of recycled fiber for inputs to containerboard and other paper and recycled fiber is going down in price while containerboard is going up in price. (Analysts’ price target is 18.25$)

Show full opinionHide full opinion
Cascades Inc (CAS-T)
April 24, 2018

He is particularly interested in their containerboard business, which is the main input into boxes (for example the kind of boxes used by Amazon). They are benefitting strongly from the growth in e-commerce. Limited new supply of containerboard. The industry is operating at 97% of capacity. Many price increases are going through. They use a lot of recycled fiber for inputs to containerboard and other paper and recycled fiber is going down in price while containerboard is going up in price. (Analysts’ price target is 18.25$)

WATCH
WATCH
April 13, 2018

This company makes recycling products. Online purchasing is leading to higher needs for cardboard and recycling. This is still a little expensive, but would buy it at lower levels.

Show full opinionHide full opinion
Cascades Inc (CAS-T)
April 13, 2018

This company makes recycling products. Online purchasing is leading to higher needs for cardboard and recycling. This is still a little expensive, but would buy it at lower levels.

SELL
SELL
January 18, 2018

He has a small short position. It is not a high conviction short, but does not have a strong price momentum.

Show full opinionHide full opinion
Cascades Inc (CAS-T)
January 18, 2018

He has a small short position. It is not a high conviction short, but does not have a strong price momentum.

BUY
BUY
November 24, 2017

Had a big miss last quarter, largely on the back of their tissue exposure, so this is a pretty opportune time to be buying. The free cash flow is in the neighbourhood of 15%. If there was an upswing in the tissue space, this would benefit, but is not something he is holding his breath for.

Show full opinionHide full opinion
Cascades Inc (CAS-T)
November 24, 2017

Had a big miss last quarter, largely on the back of their tissue exposure, so this is a pretty opportune time to be buying. The free cash flow is in the neighbourhood of 15%. If there was an upswing in the tissue space, this would benefit, but is not something he is holding his breath for.

PAST TOP PICK
PAST TOP PICK
November 24, 2017

(A Top Pick Sept 15/16. Up 6%. Up 6%.) The 3rd quarter was not good. Owning down here is going to end up looking very good a year from now.

Show full opinionHide full opinion
Cascades Inc (CAS-T)
November 24, 2017

(A Top Pick Sept 15/16. Up 6%. Up 6%.) The 3rd quarter was not good. Owning down here is going to end up looking very good a year from now.

COMMENT
COMMENT
November 14, 2017

He doesn’t follow this closely, but does follow the space. Hurricanes created disruptions on resin supply for all these packaging companies. Prices have been rising and eating into the margins. These are generally lower margin companies, so it is a big deal when you start seeing margins erode. They have the ability to pass these increases on to the customer, but that won’t happen until down the road. There may be a few quarters of lower results than what you expect. When you get past 2 quarters, you should be fine with these companies. This company is okay, but he prefers CCL Industries (CCL.B-T).

Show full opinionHide full opinion
Cascades Inc (CAS-T)
November 14, 2017

He doesn’t follow this closely, but does follow the space. Hurricanes created disruptions on resin supply for all these packaging companies. Prices have been rising and eating into the margins. These are generally lower margin companies, so it is a big deal when you start seeing margins erode. They have the ability to pass these increases on to the customer, but that won’t happen until down the road. There may be a few quarters of lower results than what you expect. When you get past 2 quarters, you should be fine with these companies. This company is okay, but he prefers CCL Industries (CCL.B-T).

PAST TOP PICK
PAST TOP PICK
June 28, 2017

(A Top Pick March 2/17. Up 32.26%.) He wanted to take advantage of the trend of above average growth and shipping activity. The period of seasonal strength is between mid-March and late May, which gives about an average of about 11.6% about 65% for the past 20 years. This is still positive and still trending higher.

Show full opinionHide full opinion
Cascades Inc (CAS-T)
June 28, 2017

(A Top Pick March 2/17. Up 32.26%.) He wanted to take advantage of the trend of above average growth and shipping activity. The period of seasonal strength is between mid-March and late May, which gives about an average of about 11.6% about 65% for the past 20 years. This is still positive and still trending higher.

TOP PICK
TOP PICK
March 2, 2017

Tissues and container boards. He is playing off the theme of improving shipments in the economy. Just reported earnings, and the market essentially gave them a pass as it didn’t trade down too much. Shipments are improving and this company is the way to play that. Between mid-March and the end of May is the period of seasonal strength. It gains an average of about 11.6% over that time frame. Good percentage, right space, fundamental data supports it, and it is starting to break resistance at about $13.14. Dividend yield of 1.18%. (Analysts’ price target is $15.)

Show full opinionHide full opinion
Cascades Inc (CAS-T)
March 2, 2017

Tissues and container boards. He is playing off the theme of improving shipments in the economy. Just reported earnings, and the market essentially gave them a pass as it didn’t trade down too much. Shipments are improving and this company is the way to play that. Between mid-March and the end of May is the period of seasonal strength. It gains an average of about 11.6% over that time frame. Good percentage, right space, fundamental data supports it, and it is starting to break resistance at about $13.14. Dividend yield of 1.18%. (Analysts’ price target is $15.)

TOP PICK
TOP PICK
February 15, 2017

They have 2 core businesses, tissue and container board. He likes the container board side in particular because of the growing economy where people are shipping more things in boxes. It is a fairly tight market right now for container board and there have been price increases in the last couple of days. As more and more online shopping occurs, that is going to lead to more things shipped in boxes. Trading at only about 5.5X enterprise value to EBITDA. Dividend yield of 1.15%. (Analysts’ price target is $14.60.)

Show full opinionHide full opinion
Cascades Inc (CAS-T)
February 15, 2017

They have 2 core businesses, tissue and container board. He likes the container board side in particular because of the growing economy where people are shipping more things in boxes. It is a fairly tight market right now for container board and there have been price increases in the last couple of days. As more and more online shopping occurs, that is going to lead to more things shipped in boxes. Trading at only about 5.5X enterprise value to EBITDA. Dividend yield of 1.15%. (Analysts’ price target is $14.60.)

Showing 1 to 30 of 94 entries

Cascades Inc(CAS-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Cascades Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Cascades Inc(CAS-T) Frequently Asked Questions

What is Cascades Inc stock symbol?

Cascades Inc is a Canadian stock, trading under the symbol CAS-T on the Toronto Stock Exchange (CAS-CT). It is usually referred to as TSX:CAS or CAS-T

Is Cascades Inc a buy or a sell?

In the last year, 2 stock analyst published opinions about CAS-T. 2 analyst recommended to BUY the stock. 0 analyst recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Cascades Inc.

Is Cascades Inc a good investment or a top pick?

Cascades Inc was recommended as a Top Pick by Jason Mann on 2020-06-04. Read the latest stock experts ratings for Cascades Inc.

Why is Cascades Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Cascades Inc worth watching?

2 stock analyst on Stockchase covered Cascades Inc In the last year. It is a trending stock that is worth watching.

What is Cascades Inc stock price?

On 2020-06-04, Cascades Inc (CAS-T) stock closed at a price of $14.16.