Casella Waste Systems (CWST) Expected to Announce Earnings on Thursday

Casella Waste Systems (NASDAQ:CWST - Get Free Report) is expected to post its Q1 2025 quarterly earnings results after the market closes on Thursday, May 1st. Analysts expect Casella Waste Systems to post earnings of $0.11 per share and revenue of $403.64 million for the quarter. Casella Waste Systems has set its FY 2025 guidance at EPS.

Casella Waste Systems (NASDAQ:CWST - Get Free Report) last issued its earnings results on Wednesday, February 12th. The industrial products company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.16 by $0.25. Casella Waste Systems had a return on equity of 4.15% and a net margin of 0.87%. On average, analysts expect Casella Waste Systems to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Casella Waste Systems Stock Up 0.9 %

CWST traded up $1.09 during trading on Tuesday, hitting $117.27. 366,305 shares of the company's stock traded hands, compared to its average volume of 361,541. The company's 50 day simple moving average is $111.77 and its two-hundred day simple moving average is $109.01. The company has a current ratio of 2.00, a quick ratio of 2.48 and a debt-to-equity ratio of 0.70. Casella Waste Systems has a 12-month low of $88.89 and a 12-month high of $120.69. The stock has a market capitalization of $7.43 billion, a price-to-earnings ratio of 509.87, a PEG ratio of 3.86 and a beta of 0.96.

Insider Buying and Selling

In other Casella Waste Systems news, SVP Paul Ligon sold 2,000 shares of the stock in a transaction on Wednesday, April 16th. The stock was sold at an average price of $118.67, for a total value of $237,340.00. Following the completion of the sale, the senior vice president now owns 20,347 shares in the company, valued at approximately $2,414,578.49. This represents a 8.95 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 4.24% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Stifel Nicolaus increased their target price on Casella Waste Systems from $127.00 to $129.00 and gave the company a "buy" rating in a research note on Tuesday, February 18th. Jefferies Financial Group cut Casella Waste Systems from a "buy" rating to a "hold" rating and lowered their price target for the company from $115.00 to $113.00 in a report on Thursday, January 23rd. TD Cowen began coverage on Casella Waste Systems in a report on Wednesday, April 9th. They set a "buy" rating and a $130.00 price target on the stock. William Blair reissued an "outperform" rating on shares of Casella Waste Systems in a report on Friday, February 14th. Finally, Raymond James reissued a "strong-buy" rating on shares of Casella Waste Systems in a report on Wednesday, April 16th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Casella Waste Systems presently has an average rating of "Moderate Buy" and a consensus price target of $122.67.

Casella Waste Systems Company Profile

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.