From what 10 stock analysts predict, the share price for Casella Waste Systems Inc (CWST) might increase by 5.42% in the next year. This is based on a 12-month average estimation for CWST. Price targets go from $103 to $130. The majority of stock analysts believe CWST is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
CWST is a stock in Industrials which has been forecasted to be worth $115.00111 as an average. On the higher end, the forecast price is $130 USD by from and on the lower end CWST is forecasted to be $103 by Patrick Tyler Brown from Raymond James.
These are the latest 20 analyst ratings of CWST.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Faiza Alwy Deutsche Bank | Hold | $107 | Maintains | Nov 1, 2024 |
Trevor Romeo William Blair | Outperform | Initiates | Oct 3, 2024 | |
Patrick Tyler Brown Raymond James | Strong Buy | $122 | Maintains | Sep 19, 2024 |
Brian Butler Stifel | Buy | $117 | Reiterates | Aug 5, 2024 |
Faiza Alwy Deutsche Bank | Hold | $106 | Initiates | May 23, 2024 |
John Mazzoni Wells Fargo | Overweight | $100 | Maintains | Feb 20, 2024 |
John Mazzoni Wells Fargo | Overweight | $95 | Initiates | Nov 27, 2023 |
Timna Tanners Wolfe Research | Outperform | $96 | Initiates | Oct 17, 2023 |
Adam Bubes Goldman Sachs | Buy | $100 | Initiates | Sep 15, 2023 |
Patrick Tyler Brown Raymond James | Strong Buy | $100 | Maintains | Jul 31, 2023 |
Patrick Tyler Brown Raymond James | Strong Buy | $104 | Maintains | Jun 15, 2023 |
Jon Windham UBS | Buy | $110 | Maintains | Jun 15, 2023 |
Michael Hoffman Stifel | Buy | $103 | Maintains | May 15, 2023 |
Michael Feniger B of A Securities | Outperformer | $89 | Maintains | May 1, 2023 |
Patrick Tyler Brown Raymond James | Strong Buy | $103 | Maintains | Apr 27, 2023 |
Patrick Tyler Brown Raymond James | Strong Buy | $90 | Maintains | Feb 23, 2023 |
Michael Feniger B of A Securities | Underperform | $81 | Downgrade | Jan 13, 2023 |
Jon Windham UBS | Buy | $95 | Upgrade | Jan 10, 2023 |
Patrick Tyler Brown Raymond James | Strong Buy | $92 | Maintains | Oct 31, 2022 |
Patrick Tyler Brown Raymond James | Strong Buy | $88 | Maintains | Oct 25, 2022 |
When did it IPO
1997
Staff Count
4,200
Country
United States
Sector/Industry
Industrials/Waste Management
CEO
Mr. John W. Casella
Market Cap
$6.94B
In 2023, CWST generated $1.26B in revenue, which was a increase of 16.54% from the previous year. This can be seen as a signal that CWST's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Casella Waste Systems is offering up to $45 million in Solid Waste Disposal Revenue Bonds, guaranteed by its subsidiaries, to finance waste management projects.
Why It Matters - Casella Waste Systems is raising $45 million through revenue bonds, indicating growth potential and increased capital for operations, which could positively impact its financial stability and stock performance.
Summary - Casella Waste Systems, Inc. (Nasdaq: CWST) will participate in upcoming investor conferences, as announced on November 1, 2024.
Why It Matters - Management participation in investor conferences can indicate company confidence and provide insights into future performance, influencing stock sentiment and investment decisions.
Summary - Casella Waste Systems, Inc. (CWST) held its Q3 2024 earnings call, discussing financial performance and strategic updates. Further details on revenue and profit trends are available in the full transcript.
Why It Matters - Casella Waste Systems' Q3 2024 earnings report provides insights into financial performance, growth prospects, and operational efficiency, directly impacting investor sentiment and stock valuation.
Summary - Casella Waste Systems, Inc. (NASDAQ: CWST) reported its financial results for Q3 and the first nine months of 2024 on October 30, 2024. Further details on performance were not provided.
Why It Matters - Casella Waste Systems' financial results can indicate growth or declines in revenue and profitability, affecting stock performance and investor sentiment in the waste management sector.
Summary - Casella (CWST) reported Q3 earnings of $0.27 per share, missing estimates of $0.28, and down from $0.35 per share year-over-year.
Why It Matters - Casella's earnings miss signals potential operational challenges, affecting investor confidence and possibly leading to stock price decline. Year-over-year earnings drop raises further concerns.
Summary - Casella (CWST) may not meet earnings expectations in its upcoming report due to a lack of critical factors needed for a potential earnings beat.
Why It Matters - Casella's lack of favorable conditions for an earnings beat may lead to disappointing results, potentially impacting stock performance and investor sentiment.