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

Casella Waste Systems (NASDAQ:CWST) announced its quarterly earnings results on Wednesday. The industrial products company reported $0.41 EPS for the quarter, topping 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 opened at $106.71 on Thursday. The firm has a 50 day moving average of $107.68 and a 200 day moving average of $105.64. The stock has a market capitalization 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 52 week low of $84.45 and a 52 week high of $114.88.

Wall Street Analyst Weigh In

Several research firms have commented on CWST. Deutsche Bank Aktiengesellschaft dropped their target price on Casella Waste Systems from $114.00 to $107.00 and set a “hold” rating on the stock in a report on Friday, November 1st. Stifel Nicolaus boosted their target price on shares of Casella Waste Systems from $117.00 to $127.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Finally, Jefferies Financial Group cut 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 report on Thursday, January 23rd. Three research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $113.80.

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.