Casella Waste Systems, Inc. (CWST) – What Are Investment Firms Saying About This Stock?

Casella Waste Systems, Inc. (NASDAQ:CWST) has been assigned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, three have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $104.80.

A number of brokerages have recently weighed in on CWST. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $106.00 price target on shares of Casella Waste Systems in a research note on Friday, October 9th. Barclays lifted their price objective on shares of Casella Waste Systems from $102.00 to $104.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. JPMorgan Chase & Co. boosted their target price on Casella Waste Systems from $91.00 to $99.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 21st. UBS Group cut Casella Waste Systems from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $122.00 to $95.00 in a research report on Wednesday, October 21st. Finally, Weiss Ratings cut shares of Casella Waste Systems from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, October 30th.

Casella Waste Systems Price Performance

NASDAQ CWST opened at $99.02 on Thursday. Casella Waste Systems has a 52 week low of $74.05 and a 52 week high of $107.96. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.84. The stock has a market cap of $6.30 billion, a price-to-earnings ratio of 1,100.34 and a beta of 0.71. The company has a 50-day moving average price of $89.34 and a two-hundred day moving average price of $90.07.

Casella Waste Systems (NASDAQ:CWST) last released its quarterly earnings results on Monday, November 9th. The industrial products company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.07). Casella Waste Systems had a net margin of 0.29% and a return on equity of 5.32%. The business had revenue of $559.23 million for the quarter, compared to the consensus estimate of $563.17 million. During the same period last year, the firm posted $0.42 EPS. The business’s quarterly revenue was up 15.2% on a year-over-year basis. Analysts forecast that Casella Waste Systems will post 1.22 EPS for the current year.

Key Stories Impacting Casella Waste Systems

Here are the key news stories impacting Casella Waste Systems this week:

• Neutral Sentiment: Revenue increased 15.2% year over year to $559.2 million, but was below the roughly $563.2 million consensus estimate. Casella announces third-quarter 2026 results
• Negative Sentiment: Adjusted earnings were $0.35 per share, below analyst estimates of $0.42 in several reports (Zacks’ estimate was $0.36) and down from $0.42 a year earlier. The earnings and revenue misses prompted reports of a decline in CWST shares following the release. Casella falls on earnings and revenue miss

Insider Activity

In other Casella Waste Systems news, Director Michael K. Burke sold 1,100 shares of the business’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $95.26, for a total value of $104,786.00. Following the completion of the transaction, the director directly owned 13,641 shares of the company’s stock, valued at approximately $1,299,441.66. The trade was a 7.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Douglas R. Casella sold 1,343 shares of Casella Waste Systems stock in a transaction on Friday, August 14th. The shares were sold at an average price of $91.12, for a total value of $122,374.16. Following the completion of the sale, the director directly owned 90,141 shares of the company’s stock, valued at $8,213,647.92. This trade represents a 1.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 18,700 shares of company stock worth $1,709,494 over the last ninety days. Insiders own 3.78% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Wasatch Advisors LP boosted its position in Casella Waste Systems by 36.8% during the 2nd quarter. Wasatch Advisors LP now owns 3,531,594 shares of the industrial products company’s stock worth $342,459,000 after acquiring an additional 949,374 shares during the last quarter. Wellington Management Group LLP raised its stake in Casella Waste Systems by 6.6% in the second quarter. Wellington Management Group LLP now owns 1,292,101 shares of the industrial products company’s stock valued at $125,295,000 after purchasing an additional 80,299 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Casella Waste Systems by 3.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,067,132 shares of the industrial products company’s stock valued at $84,663,000 after purchasing an additional 31,471 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in Casella Waste Systems by 3.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 721,890 shares of the industrial products company’s stock worth $58,863,000 after purchasing an additional 22,270 shares during the period. Finally, Ranger Investment Management L.P. bought a new stake in Casella Waste Systems during the second quarter worth about $32,045,000. Institutional investors and hedge funds own 99.51% of the company’s stock.

Casella Waste Systems Company Profile

Casella Waste Systems is a regional solid waste services company that provides collection, transfer, disposal, recycling and resource management services. Its customers include residential, commercial, municipal and industrial clients.

The company operates primarily in the northeastern United States, with services across states including Vermont, New Hampshire, New York, Maine, Massachusetts, Connecticut and Pennsylvania. Its operations also include recycling and organics services designed to recover materials and manage waste.

Founded in 1975 by brothers John and Douglas Casella, the company is headquartered in Rutland, Vermont.