Casella Waste Systems (CWST) Stock Forecast & Price Target

$101.92

+0.15 (+0.15%)

(As of 07/26/2024 ET)

Casella Waste Systems - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 5 Analyst Ratings

Based on 5 Wall Street analysts who have issued ratings for Casella Waste Systems in the last 12 months, the stock has a consensus rating of "Buy." Out of the 5 analysts, 1 has given a hold rating, 3 have given a buy rating, and 1 has given a strong buy rating for CWST.

Consensus Price Target

$100.40
-1.49% Downside

High Forecast	$106.00
Average Forecast	$100.40
Low Forecast	$96.00

According to the 5 analysts' twelve-month price targets for Casella Waste Systems, the average price target is $100.40. The highest price target for CWST is $106.00, while the lowest price target for CWST is $96.00. The average price target represents a forecasted downside of -1.49% from the current price of $101.92.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Buy	Buy	Buy	Moderate Buy
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	2 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$100.40	$100.40	$99.71	$97.40
Forecasted Upside	-1.49% Downside	16.35% Upside	17.17% Upside	18.66% Upside

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CWST Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CWST Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Casella Waste Systems Stock vs. The Competition

Type	Casella Waste Systems	Industrial Products Companies	S&P 500
Consensus Rating Score	3.00	2.54	2.50
Consensus Rating	Buy	Moderate Buy	Moderate Buy
Predicted Upside	-1.49% Downside	36.84% Upside	9.09% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
5/23/2024	Deutsche Bank Aktiengesellschaft 2 of 5 stars	Initiated Coverage	Hold	$106.00	+7.21%
2/20/2024	Wells Fargo & Company 3 of 5 stars	Boost Target	Overweight ➝ Overweight	$95.00 ➝ $100.00	+8.83%
10/17/2023	Wolfe Research 3 of 5 stars	Initiated Coverage	Outperform	$96.00	+22.11%
9/14/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$100.00	+21.91%
7/31/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Strong-Buy	$104.00 ➝ $100.00	+24.91%
6/15/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$105.00 ➝ $110.00	+25.84%
5/15/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$94.00 ➝ $103.00	+8.96%
5/1/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$79.00 ➝ $89.00
10/25/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	$95.00	+21.83%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:17 AM ET.

CWST Forecast - Frequently Asked Questions

What is Casella Waste Systems' forecast for 2024?: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Casella Waste Systems is $100.40, with a high forecast of $106.00 and a low forecast of $96.00.
Should I buy or sell Casella Waste Systems stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Casella Waste Systems in the last twelve months. There is currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CWST shares.
Does Casella Waste Systems's stock price have much upside?: According to analysts, Casella Waste Systems's stock has a predicted upside of 16.35% based on their 12-month stock forecasts.
What analysts cover Casella Waste Systems?: Casella Waste Systems has been rated by research analysts at Deutsche Bank Aktiengesellschaft in the past 90 days.
Do Wall Street analysts like Casella Waste Systems more than its competitors?: Analysts like Casella Waste Systems more than other "industrial products" companies. The consensus rating for Casella Waste Systems is Buy while the average consensus rating for "industrial products" companies is Moderate Buy. Learn more on how CWST compares to other companies.