Casella Waste Systems (CWST) to Release Earnings on Wednesday

Casella Waste Systems (NASDAQ:CWST) is anticipated to post its quarterly earnings results after the market closes on Wednesday, February 12th. Analysts expect Casella Waste Systems to post earnings of $0.16 per share and revenue of $419.46 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Casella Waste Systems Trading Down 1.1 %

NASDAQ CWST opened at $107.77 on Wednesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.48 and a current ratio of 2.55. The firm has a market cap of $6.82 billion, a PE ratio of 898.08, a P/E/G ratio of 3.85 and a beta of 1.04. Casella Waste Systems has a one year low of $84.45 and a one year high of $114.88. The firm’s fifty day moving average is $108.26 and its two-hundred day moving average is $105.49.

Analyst Ratings Changes

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