Casella Waste Systems (NASDAQ:CWST) Posts Quarterly Earnings Results, Beats Estimates By $0.25 EPS

Casella Waste Systems (NASDAQ:CWST) announced its quarterly earnings data on Wednesday. The industrial products company reported $0.41 earnings per share for the quarter, topping the consensus estimate 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 Price Performance

NASDAQ CWST traded down $0.76 during trading on Wednesday, reaching $106.71. The company’s stock had a trading volume of 327,946 shares, compared to its average volume of 293,513. Casella Waste Systems has a one year low of $84.45 and a one year high of $114.88. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.55 and a quick ratio of 2.48. The stock has a market capitalization of $6.76 billion, a PE ratio of 889.25, a P/E/G ratio of 3.89 and a beta of 1.04. The firm has a fifty day moving average of $107.79 and a 200 day moving average of $105.63.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on CWST. Jefferies Financial Group cut Casella Waste Systems from a “buy” rating to a “hold” rating and reduced their price target for the company from $115.00 to $113.00 in a research report on Thursday, January 23rd. Stifel Nicolaus lifted their target price on Casella Waste Systems from $117.00 to $127.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Casella Waste Systems from $114.00 to $107.00 and set a “hold” rating on the stock in a report on Friday, November 1st. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus 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.