Casella Waste Systems (CWST) Projected to Post Earnings on Thursday

Casella Waste Systems (NASDAQ:CWST - Get Free Report) is anticipated 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 announced its quarterly earnings results on Wednesday, February 12th. The industrial products company reported $0.41 earnings per share for the quarter, topping analysts' consensus estimates 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 Performance

CWST traded up $0.20 during trading on Friday, reaching $115.60. 392,393 shares of the company were exchanged, compared to its average volume of 361,365. Casella Waste Systems has a 52 week low of $88.86 and a 52 week high of $120.69. The company has a current ratio of 2.00, a quick ratio of 2.48 and a debt-to-equity ratio of 0.70. The firm has a 50 day moving average of $111.73 and a 200 day moving average of $108.78. The stock has a market cap of $7.32 billion, a P/E ratio of 502.61, a PEG ratio of 3.86 and a beta of 0.96.

Insider Transactions at Casella Waste Systems

In related news, SVP Paul Ligon sold 2,000 shares of the business's stock in a transaction that occurred on Wednesday, April 16th. The shares were sold at an average price of $118.67, for a total value of $237,340.00. Following the sale, the senior vice president now directly owns 20,347 shares in the company, valued at $2,414,578.49. The trade was a 8.95 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 4.24% of the company's stock.

Analysts Set New Price Targets

Several research firms have commented on CWST. Jefferies Financial Group cut shares of Casella Waste Systems from a "buy" rating to a "hold" rating and decreased their target price for the stock from $115.00 to $113.00 in a research report on Thursday, January 23rd. Stifel Nicolaus increased their price objective on Casella Waste Systems from $127.00 to $129.00 and gave the stock a "buy" rating in a report on Tuesday, February 18th. UBS Group lifted their target price on Casella Waste Systems from $130.00 to $135.00 and gave the company a "buy" rating in a research note on Friday, April 11th. TD Cowen assumed coverage on Casella Waste Systems in a research note on Wednesday, April 9th. They issued a "buy" rating and a $130.00 price target for the company. Finally, William Blair restated an "outperform" rating on shares of Casella Waste Systems in a research note on Friday, February 14th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Casella Waste Systems has a consensus rating of "Moderate Buy" and an average target price 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.