Casella Waste Systems (NASDAQ:CWST) Announces Earnings Results

Casella Waste Systems (NASDAQ:CWST - Get Free Report) issued its quarterly earnings data on Wednesday. The industrial products company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.25, Zacks reports. Casella Waste Systems had a net margin of 0.46% and a return on equity of 3.04%. Casella Waste Systems updated its FY 2025 guidance to EPS.

Casella Waste Systems Price Performance

CWST traded up $4.59 on Friday, hitting $111.36. 518,560 shares of the stock were exchanged, compared to its average volume of 283,734. The firm has a market capitalization of $7.05 billion, a price-to-earnings ratio of 928.00, a PEG ratio of 3.89 and a beta of 1.04. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.55 and a quick ratio of 2.48. Casella Waste Systems has a 12 month low of $84.45 and a 12 month high of $114.88. The business has a 50-day moving average of $107.60 and a two-hundred day moving average of $105.75.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. William Blair reissued an "outperform" rating on shares of Casella Waste Systems in a report on Friday. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Casella Waste Systems from $114.00 to $107.00 and set a "hold" rating for the company in a research report on Friday, November 1st. Jefferies Financial Group lowered shares of Casella Waste Systems from a "buy" rating to a "hold" rating and lowered their price target for the stock from $115.00 to $113.00 in a research report on Thursday, January 23rd. Finally, Stifel Nicolaus boosted their price objective on shares of Casella Waste Systems from $117.00 to $127.00 and gave the company a "buy" rating in a report on Wednesday, December 11th. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $113.80.

About Casella Waste Systems

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.