Casella Waste Systems (CWST) to Release Earnings on Wednesday

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

Casella Waste Systems Trading Down 1.1 %

Shares of CWST opened at $107.77 on Wednesday. The company has a current ratio of 2.55, a quick ratio of 2.48 and a debt-to-equity ratio of 0.68. The firm’s 50-day moving average is $108.26 and its two-hundred day moving average is $105.49. Casella Waste Systems has a twelve month low of $84.45 and a twelve month high of $114.88. The firm has a market capitalization of $6.82 billion, a P/E ratio of 898.08, a PEG ratio of 3.85 and a beta of 1.04.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on CWST shares. Jefferies Financial Group lowered shares of Casella Waste Systems from a “buy” rating to a “hold” rating and lowered their target price for the stock from $115.00 to $113.00 in a research report on Thursday, January 23rd. Stifel Nicolaus upped their target price on shares of Casella Waste Systems from $117.00 to $127.00 and gave the stock a “buy” rating in a research 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 research report on Friday, November 1st. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target 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.