Casella Waste Systems (NASDAQ:CWST) Announces Quarterly Earnings Results

Casella Waste Systems (NASDAQ:CWST) posted its quarterly earnings data on Wednesday. The industrial products company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.25, Zacks reports. Casella Waste Systems had a return on equity of 3.04% and a net margin of 0.46%. Casella Waste Systems updated its FY 2025 guidance to EPS.

Casella Waste Systems Trading Down 0.7 %

NASDAQ:CWST traded down $0.76 on Wednesday, hitting $106.71. The stock had a trading volume of 327,869 shares, compared to its average volume of 290,947. The company has a fifty day moving average price of $107.79 and a two-hundred day moving average price of $105.63. The stock has a market cap of $6.76 billion, a price-to-earnings ratio of 889.25, a PEG ratio of 3.89 and a beta of 1.04. The company has a quick ratio of 2.48, a current ratio of 2.55 and a debt-to-equity ratio of 0.68. Casella Waste Systems has a 1-year low of $84.45 and a 1-year high of $114.88.

Analyst Upgrades and Downgrades

CWST has been the subject of a number of research analyst reports. Stifel Nicolaus upped their price objective on shares of Casella Waste Systems from $117.00 to $127.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Jefferies Financial Group lowered shares of Casella Waste Systems from a “buy” rating to a “hold” rating and decreased their price target for the company from $115.00 to $113.00 in a research note on Thursday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on Casella Waste Systems from $114.00 to $107.00 and set a “hold” rating for the company in a research note on Friday, November 1st. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.