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

Company Overview

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.

Key Stats

• Today's Range: $107.91 to $109.52
• 50-Day Range: $97.50 to $109.88
• 52-Week Range: $79.16 to $111.01
• Volume: 279,584 shs
• Average Volume: 315,720 shs
• Market Capitalization: $6.90 billion
• P/E Ratio: 908.75
• Dividend Yield: N/A
• Price Target: $111.50
• Consensus Rating: Buy

Casella Waste Systems Stock Analysis - MarketRank™

Casella Waste Systems scored higher than 69% of companies evaluated by MarketBeat, and ranked 89th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Casella Waste Systems has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Casella Waste Systems has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 67.69%

Earnings Growth

Earnings for Casella Waste Systems are expected to grow by 67.69% in the coming year, from $0.65 to $1.09 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Casella Waste Systems is 908.75, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Casella Waste Systems is 908.75, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 22.30.

Price to Earnings Growth Ratio

Casella Waste Systems has a PEG Ratio of 6.31. 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 6.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.16% 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 11.73%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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.

Sustainability and ESG

• Score: 3.7 / 5
• Environmental Score: 0.57

Percentage of Shares Shorted

3.16% 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 11.73%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.58

News Sentiment

Casella Waste Systems has a news sentiment score of 0.58. 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 0.76 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Casella Waste Systems this week, compared to 4 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

Only 2 people have added Casella Waste Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $205,797.00 in company stock.

Percentage Held by Insiders

Only 4.24% 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.

CWST Stock Analysis - Frequently Asked Questions

How have CWST shares performed this year?

Casella Waste Systems' stock was trading at $85.46 at the beginning of the year. Since then, CWST stock has increased by 27.6% and is now trading at $109.05.
View the best growth stocks for 2024 here.

How were Casella Waste Systems' earnings last quarter?

Casella Waste Systems, Inc. (NASDAQ:CWST) announced its quarterly earnings results on Wednesday, October, 30th. The industrial products company reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by $0.01. The firm's revenue for the quarter was up 16.7% on a year-over-year basis.

Who are Casella Waste Systems' major shareholders?

Casella Waste Systems' top institutional investors include Conestoga Capital Advisors LLC (5.59%), Wasatch Advisors LP (2.75%), Wellington Management Group LLP (2.30%) and Geode Capital Management LLC (2.26%). Insiders that own company stock include Edmond Coletta, Douglas R Casella, Edwin D Johnson, John W Casella, Paul Ligon, Michael K Burke, Shelley E Sayward, William P Hulligan, Sean Steves, Bradford John Helgeson, Kevin Drohan, Emily Nagle Green and Christopher Heald.
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.

What other stocks do shareholders of Casella Waste Systems own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Casella Waste Systems investors own include Waste Connections (WCN), American Water Works (AWK), The RMR Group (RMR), DiamondRock Hospitality (DRH), Humana (HUM), iShares Micro-Cap ETF (IWC) and AUO (AUOTY).

Company Calendar

• Last Earnings: 10/30/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/20/2025

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: $111.50
• High Stock Price Target: $122.00
• Low Stock Price Target: $100.00
• Potential Upside/Downside: +2.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.12
• Trailing P/E Ratio: 908.75
• Forward P/E Ratio: 167.77
• P/E Growth: 6.31
• Net Income: $25.40 million
• Net Margins: 0.46%
• Pretax Margin: 1.10%
• Return on Equity: 3.04%
• Return on Assets: 1.32%

Debt

• Debt-to-Equity Ratio: 0.68
• Current Ratio: 2.55
• Quick Ratio: 2.48

Sales & Book Value

• Annual Sales: $1.49 billion
• Price / Sales: 4.64
• Cash Flow: $3.98 per share
• Price / Cash Flow: 27.42
• Book Value: $17.62 per share
• Price / Book: 6.19

Miscellaneous

• Outstanding Shares: 63,314,000
• Free Float: 60,629,000
• Market Cap: $6.90 billion
• Optionable: Optionable
• Beta: 0.99