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: $98.33 to $99.89
• 50-Day Range: $98.26 to $108.40
• 52-Week Range: $72.97 to $109.08
• Volume: 509,510 shs
• Average Volume: 314,813 shs
• Market Capitalization: $5.72 billion
• P/E Ratio: 317.29
• Dividend Yield: N/A
• Price Target: $108.20
• Consensus Rating: Buy

Casella Waste Systems Stock Analysis - MarketRank™

Casella Waste Systems scored higher than 85% of companies evaluated by MarketBeat, and ranked 81st out of 179 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: 2.5 / 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 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 88.71%

Earnings Growth

Earnings for Casella Waste Systems are expected to grow by 88.71% in the coming year, from $0.62 to $1.17 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Casella Waste Systems is 317.29, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 132.32.

Price to Earnings Ratio vs. Sector

The P/E ratio of Casella Waste Systems is 317.29, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.52.

Price to Earnings Growth Ratio

Casella Waste Systems has a PEG Ratio of 7.89. 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 5.58. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.77% 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 5.8.

Change versus previous month

Short interest in Casella Waste Systems has recently decreased by 0.90%, indicating that investor sentiment is improving.

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

3.77% 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 5.8.

Change versus previous month

Short interest in Casella Waste Systems has recently decreased by 0.90%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.1 / 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 news sentiment score is similar to the average news sentiment of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Casella Waste Systems this week, compared to 4 articles on an average week.

Search Interest

2 people have searched for CWST on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

2 people have added Casella Waste Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Casella Waste Systems insiders have not sold or bought any 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 15.1% and is now trading at $98.36.
View the best growth stocks for 2024 here.

How were Casella Waste Systems' earnings last quarter?

Casella Waste Systems, Inc. (NASDAQ:CWST) posted its earnings results on Thursday, August, 1st. The industrial products company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.06. Casella Waste Systems's revenue was up 30.2% compared to the same quarter last year.

Who are Casella Waste Systems' major shareholders?

Top institutional shareholders of Casella Waste Systems include Conestoga Capital Advisors LLC (5.84%), William Blair Investment Management LLC (4.60%), Earnest Partners LLC (2.90%) and Allspring Global Investments Holdings LLC (2.42%). 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, 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 Advanced Micro Devices (AMD), Energy Transfer (ET), AbbVie (ABBV), Edwards Lifesciences (EW), Merck & Co., Inc. (MRK) and Taiwan Semiconductor Manufacturing (TSM).

Company Calendar

• Last Earnings: 8/01/2024
• Today: 9/27/2024
• Next Earnings (Estimated): 11/06/2024
• Fiscal Year End: 12/31/2024

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: $108.20
• High Stock Price Target: $122.00
• Low Stock Price Target: $96.00
• Potential Upside/Downside: +10.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.31
• Trailing P/E Ratio: 317.42
• Forward P/E Ratio: 158.71
• P/E Growth: 7.89
• Net Income: $25.40 million
• Net Margins: 1.35%
• Pretax Margin: 2.11%
• Return on Equity: 3.83%
• Return on Assets: 1.57%

Debt

• Debt-to-Equity Ratio: 0.94
• Current Ratio: 1.58
• Quick Ratio: 1.51

Sales & Book Value

• Annual Sales: $1.26 billion
• Price / Sales: 4.52
• Cash Flow: $3.82 per share
• Price / Cash Flow: 25.75
• Book Value: $17.62 per share
• Price / Book: 5.58

Miscellaneous

• Outstanding Shares: 58,130,000
• Free Float: 55,536,000
• Market Cap: $5.72 billion
• Optionable: Optionable
• Beta: 0.99