Should I buy or sell Casella Waste Systems stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Casella Waste Systems in the last twelve months. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CWST shares. View CWST analyst ratings or view top-rated stocks .

What is Casella Waste Systems' stock price target for 2024?

4 brokerages have issued 1-year target prices for Casella Waste Systems' stock. Their CWST share price targets range from $89.00 to $110.00. On average, they expect the company's stock price to reach $99.71 in the next twelve months. This suggests a possible upside of 8.0% from the stock's current price. View analysts price targets for CWST or view top-rated stocks among Wall Street analysts .

How have CWST shares performed in 2024?

Casella Waste Systems' stock was trading at $85.46 at the start of the year. Since then, CWST stock has increased by 8.1% and is now trading at $92.37. View the best growth stocks for 2024 here .

When is Casella Waste Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our CWST earnings forecast .

How can I listen to Casella Waste Systems' earnings call?

Casella Waste Systems will be holding an earnings conference call on Friday, April 26th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Casella Waste Systems' earnings last quarter?

Casella Waste Systems, Inc. (NASDAQ:CWST) announced its quarterly earnings results on Friday, February, 16th. The industrial products company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.16 by $0.03. The industrial products company had revenue of $359.57 million for the quarter, compared to analysts' expectations of $360.08 million. Casella Waste Systems had a trailing twelve-month return on equity of 5.81% and a net margin of 2.01%. The firm's revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period last year, the company earned $0.18 EPS.

What ETFs hold Casella Waste Systems' stock?

ETFs with the largest weight of Casella Waste Systems (NASDAQ:CWST) stock in their portfolio include Alger Weatherbie Enduring Growth ETF (AWEG) , VanEck Environmental Services ETF (EVX) , Ecofin U.S. Renewables Infrastructure Trust (RNEW) , Putnam Sustainable Future ETF (PFUT) , Harbor Small Cap Explorer ETF (QWST) , Invesco DWA SmallCap Momentum ETF (DWAS) , Strategy Shares Halt Climate Change ETF (NZRO) and Franklin U.S. Small Cap Multifactor Index ETF (FLQS) .

What guidance has Casella Waste Systems issued on next quarter's earnings?

Casella Waste Systems issued an update on its FY 2024 earnings guidance on Friday, February, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.5 billion.

What is John W. Casella's approval rating as Casella Waste Systems' CEO?

37 employees have rated Casella Waste Systems Chief Executive Officer John W. Casella on Glassdoor.com . John W. Casella has an approval rating of 72% among the company's employees.

What other stocks do shareholders of Casella Waste Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Casella Waste Systems investors own include Advanced Micro Devices (AMD) , Energy Transfer (ET) , AbbVie (ABBV) , Edwards Lifesciences (EW) , Merck & Co., Inc. (MRK) , Taiwan Semiconductor Manufacturing (TSM) , Applied Materials (AMAT) , Ball (BLL) and Eastman Chemical (EMN) .

Who are Casella Waste Systems' major shareholders?

Casella Waste Systems' stock is owned by a number of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (2.54%), Wasatch Advisors LP (1.59%), Wealth Enhancement Advisory Services LLC (0.07%), Park Avenue Securities LLC (0.01%) and Harbor Investment Advisory LLC (0.00%). Insiders that own company stock include Christopher Heald , Douglas R Casella , Edmond Coletta , Edwin D Johnson , Emily Nagle Green , John W Casella, John W Casella , Kevin Drohan, Michael K Burke , Paul Ligon, Sean Steves, Shelley E Sayward and William P Hulligan . View institutional ownership trends .

How do I buy shares of Casella Waste Systems?

Shares of CWST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:CWST

Casella Waste Systems (CWST) Stock Price, News & Analysis

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$92.37

-0.08 (-0.09%)

(As of 04/18/2024 ET)

Compare

Today's Range: $92.15
▼
$93.04
50-Day Range: $87.75
▼
$98.87
52-Week Range: $72.97
▼
$100.29

Volume: 232,722 shs
Average Volume: 292,062 shs
Market Capitalization: $5.36 billion

P/E Ratio: 205.27
Dividend Yield: N/A
Price Target: $99.71

Get Casella Waste Systems alerts:

Casella Waste Systems MarketRank™ Stock Analysis

Analyst Rating: Buy
3.25 Rating Score
Upside/Downside: 8.0% Upside
$99.71 Price Target
Short Interest: Bearish
2.85% of Shares Sold Short
Dividend Strength: N/A
Sustainability: 0.57
Upright™ Environmental Score
News Sentiment: -0.35
Based on 3 Articles This Week
Insider Trading: Selling Shares
$1.03 M Sold Last Quarter
Proj. Earnings Growth: 57.14%
From $0.77 to $1.21 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.01 out of 5 stars

Industrial Products Sector

77th out of 165 stocks

Refuse Systems Industry

6th out of 6 stocks

1.6

Analyst's Opinion

Consensus Rating
Casella Waste Systems has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Casella Waste Systems has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.85% of the outstanding shares of Casella Waste Systems have been sold short.
Short Interest Ratio / Days to Cover
Casella Waste Systems has a short interest ratio ("days to cover") of 5.7.
Change versus previous month
Short interest in Casella Waste Systems has recently increased by 1.23%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Casella Waste Systems does not currently pay a dividend.
Dividend Growth
Casella Waste Systems does not have a long track record of dividend growth.

3.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Casella Waste Systems has received a 48.10% net impact score from Upright. The largest positive contribution comes from its "Waste" impact, which is mostly driven by its "Household municipal waste collection", "Paper waste sorting services", "Paperboard waste sorting services", "Glass waste sorting services", and "Metal waste sorting services" products. See details.
Environmental Sustainability
The Environmental Impact score for Casella Waste Systems is 0.57.

1.5

News and Social Media Coverage

News Sentiment
Casella Waste Systems has a news sentiment score of -0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Casella Waste Systems this week, compared to 3 articles on an average week.
Search Interest
Only 1 people have searched for CWST on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
3 people have added Casella Waste Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Casella Waste Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,026,395.00 in company stock.
Percentage Held by Insiders
Only 4.75% of the stock of Casella Waste Systems is held by insiders.
Percentage Held by Institutions
99.51% of the stock of Casella Waste Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Casella Waste Systems are expected to grow by 57.14% in the coming year, from $0.77 to $1.21 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Casella Waste Systems is 205.27, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 143.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Casella Waste Systems is 205.27, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.74.
Price to Earnings Growth Ratio
Casella Waste Systems has a PEG Ratio of 6.12. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Casella Waste Systems has a P/B Ratio of 5.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Casella Waste Systems Stock (NASDAQ:CWST)

Casella Waste Systems, Inc., together with its subsidiaries, operates as a vertically integrated solid waste services company in the United States. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, institutional, and industrial customers. The company provides non-hazardous solid waste services, including collections, transfer stations, recycling, and disposal operations. In addition, it markets materials, including fibers, corrugated cardboard, newsprint, plastics, glass, ferrous, and aluminum metals. Casella Waste Systems, Inc. was founded in 1975 and is headquartered in Rutland, Vermont.

CWST Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CWST Stock News Headlines

April 18, 2024 | americanbankingnews.com

Casella Waste Systems (CWST) to Release Quarterly Earnings on Thursday

April 8, 2024 | globenewswire.com

Casella Waste Systems, Inc. to Host Conference Call on Its First Quarter 2024 Results and to Present at an Upcoming Investor Event

April 19, 2024 | Paradigm Press (Ad)

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March 23, 2024 | money.usnews.com

Casella Waste Systems, Inc. - Ordinary Shares - Class A

March 21, 2024 | finance.yahoo.com

CWST Apr 2024 80.000 put

March 19, 2024 | stockhouse.com

Viridi Energy Acquires Maine Digester Facility for Industry-Leading Biosolids-to-RNG Project

March 17, 2024 | finance.yahoo.com

15 Biggest Waste Management Companies in the World

March 16, 2024 | investing.com

Casella Waste Systems senior VP sells over $46,000 in stock

April 19, 2024 | Paradigm Press (Ad)

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March 3, 2024 | investorplace.com

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March 1, 2024 | seekingalpha.com

Casella Waste Systems: Strong Visible Catalysts Ahead

February 27, 2024 | globenewswire.com

Casella Waste Systems, Inc. to Present at Upcoming Investor Conferences

February 26, 2024 | seekingalpha.com

Casella Waste Systems: Acquisitive Growth And Margin Expansion Continue

February 22, 2024 | investorplace.com

7 Earnings Losers With a Shot at a Strong Comeback

February 17, 2024 | finance.yahoo.com

Casella Waste Systems Full Year 2023 Earnings: EPS Misses Expectations

February 16, 2024 | msn.com

Casella Waste Systems declines after disappointing quarter

February 15, 2024 | benzinga.com

Casella Waste Sys: Q4 Earnings Insights

February 15, 2024 | msn.com

Casella Waste Systems Non-GAAP EPS of $0.13 misses by $0.03, revenue of $359.6M misses by $0.42M

February 15, 2024 | finance.yahoo.com

Casella Waste Systems, Inc. Announces Fourth Quarter and Fiscal Year 2023 Results and Provides Fiscal Year 2024 Guidance

February 15, 2024 | finance.yahoo.com

Casella Waste Systems Inc (CWST) Reports Solid Revenue Growth Amidst Net Loss in Q4

February 15, 2024 | globenewswire.com

Casella Waste Systems, Inc. Announces Fourth Quarter and Fiscal Year 2023 Results and Provides Fiscal Year 2024 Guidance

February 14, 2024 | benzinga.com

Casella Waste Sys's Earnings: A Preview

February 5, 2024 | finance.yahoo.com

Casella Waste Systems, Inc. to Host Conference Call on Its Fourth Quarter 2023 Results

February 4, 2024 | barrons.com

Casella Waste Systems Inc. Cl A

January 18, 2024 | finance.yahoo.com

Casella Waste Systems, Inc.'s (NASDAQ:CWST) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

December 29, 2023 | marketwatch.com

Casella Waste Systems: Court Ruling Upholds Landfill Expansion

December 29, 2023 | msn.com

Casella Waste Systems wins court approval to proceed with landfill expansion

See More Headlines

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Company Calendar

Last Earnings: 2/16/2024
Today: 4/19/2024
Next Earnings (Confirmed): 4/25/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Industrial Products
Industry: Refuse systems
Sub-Industry: Environmental & Facilities Services
Current Symbol: NASDAQ:CWST
CUSIP: 14744810
CIK: 911177
Web: www.casella.com
Phone: (802) 775-0325
Fax: 802-775-6198
Employees: 4,200
Year Founded: 1975

Price Target and Rating

Average Stock Price Target: $99.71
High Stock Price Target: $110.00
Low Stock Price Target: $89.00
Potential Upside/Downside: +8.0%
Consensus Rating: Buy
Rating Score (0-4): 3.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.45
Trailing P/E Ratio: 205.27
Forward P/E Ratio: 119.96
P/E Growth: 6.12
Net Income: $25.40 million
Net Margins: 2.01%
Pretax Margin: 2.93%
Return on Equity: 5.81%
Return on Assets: 2.33%

Debt

Debt-to-Equity Ratio: 0.99
Current Ratio: 1.53
Quick Ratio: 1.46

Sales & Book Value

Annual Sales: $1.26 billion
Price / Sales: 4.24
Cash Flow: $3.81 per share
Price / Cash Flow: 24.27
Book Value: $17.62 per share
Price / Book: 5.24

Miscellaneous

Outstanding Shares: 57,990,000
Free Float: 55,240,000
Market Cap: $5.36 billion
Optionable: Optionable
Beta: 0.90

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Key Executives

Mr. John W. Casella (Age 73)
Chairman, CEO & Secretary
Comp: $2.35M
Mr. Edmond R. Coletta (Age 48)
President
Comp: $1.17M
Ms. Shelley E. Sayward (Age 49)
Senior VP & General Counsel
Comp: $747.45k
Mr. Paul J. Ligon (Age 55)
Senior VP of Sustainable Growth & Chief Revenue Officer
Comp: $610.01k
Mr. Sean M. Steves (Age 47)
Senior VP & COO of Solid Waste Operations
Comp: $602.29k
Mr. Bradford J. Helgeson (Age 47)
Executive VP & CFO
Mr. Kevin J. Drohan (Age 43)
VP & Chief Accounting Officer
Mr. Keith S. Landau
Senior VP & Chief Information Officer
Mr. Michael J. Viani (Age 69)
Vice President of Business Development & Special Waste
Mr. Kelley J. Robinson
Senior Vice President of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CWST Stock Analysis - Frequently Asked Questions

Should I buy or sell Casella Waste Systems stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Casella Waste Systems in the last twelve months. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CWST shares.
View CWST analyst ratings or view top-rated stocks.
What is Casella Waste Systems' stock price target for 2024?: 4 brokerages have issued 1-year target prices for Casella Waste Systems' stock. Their CWST share price targets range from $89.00 to $110.00. On average, they expect the company's stock price to reach $99.71 in the next twelve months. This suggests a possible upside of 8.0% from the stock's current price.
View analysts price targets for CWST or view top-rated stocks among Wall Street analysts.
How have CWST shares performed in 2024?: Casella Waste Systems' stock was trading at $85.46 at the start of the year. Since then, CWST stock has increased by 8.1% and is now trading at $92.37.
View the best growth stocks for 2024 here.
When is Casella Waste Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our CWST earnings forecast.
How can I listen to Casella Waste Systems' earnings call?: Casella Waste Systems will be holding an earnings conference call on Friday, April 26th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Casella Waste Systems' earnings last quarter?: Casella Waste Systems, Inc. (NASDAQ:CWST) announced its quarterly earnings results on Friday, February, 16th. The industrial products company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.16 by $0.03. The industrial products company had revenue of $359.57 million for the quarter, compared to analysts' expectations of $360.08 million. Casella Waste Systems had a trailing twelve-month return on equity of 5.81% and a net margin of 2.01%. The firm's revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period last year, the company earned $0.18 EPS.

What ETFs hold Casella Waste Systems' stock?: ETFs with the largest weight of Casella Waste Systems (NASDAQ:CWST) stock in their portfolio include Alger Weatherbie Enduring Growth ETF (AWEG), VanEck Environmental Services ETF (EVX), Ecofin U.S. Renewables Infrastructure Trust (RNEW), Putnam Sustainable Future ETF (PFUT), Harbor Small Cap Explorer ETF (QWST), Invesco DWA SmallCap Momentum ETF (DWAS), Strategy Shares Halt Climate Change ETF (NZRO) and Franklin U.S. Small Cap Multifactor Index ETF (FLQS).
What guidance has Casella Waste Systems issued on next quarter's earnings?: Casella Waste Systems issued an update on its FY 2024 earnings guidance on Friday, February, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.5 billion.
What is John W. Casella's approval rating as Casella Waste Systems' CEO?: 37 employees have rated Casella Waste Systems Chief Executive Officer John W. Casella on Glassdoor.com. John W. Casella has an approval rating of 72% among the company's employees.
What other stocks do shareholders of Casella Waste Systems own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Casella Waste Systems investors own include Advanced Micro Devices (AMD), Energy Transfer (ET), AbbVie (ABBV), Edwards Lifesciences (EW), Merck & Co., Inc. (MRK), Taiwan Semiconductor Manufacturing (TSM), Applied Materials (AMAT), Ball (BLL) and Eastman Chemical (EMN).
Who are Casella Waste Systems' major shareholders?: Casella Waste Systems' stock is owned by a number of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (2.54%), Wasatch Advisors LP (1.59%), Wealth Enhancement Advisory Services LLC (0.07%), Park Avenue Securities LLC (0.01%) and Harbor Investment Advisory LLC (0.00%). Insiders that own company stock include Christopher Heald, Douglas R Casella, Edmond Coletta, Edwin D Johnson, Emily Nagle Green, John W Casella, John W Casella, Kevin Drohan, Michael K Burke, Paul Ligon, Sean Steves, Shelley E Sayward and William P Hulligan.
View institutional ownership trends.
How do I buy shares of Casella Waste Systems?: Shares of CWST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CWST) was last updated on 4/19/2024 by MarketBeat.com Staff

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