Casella Waste Systems Inc. (NASDAQ:CWST) – First Analysis issued their Q4 2019 earnings per share estimates for shares of Casella Waste Systems in a note issued to investors on Monday, April 8th. First Analysis analyst C. Greendale anticipates that the industrial products company will earn $0.18 per share for the quarter. First Analysis also issued estimates for Casella Waste Systems’ FY2020 earnings at $0.98 EPS.

Casella Waste Systems (NASDAQ:CWST) last announced its earnings results on Thursday, February 21st. The industrial products company reported $0.09 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.11 by ($0.02). Casella Waste Systems had a net margin of 0.97% and a negative return on equity of 114.82%. The business had revenue of $174.72 million for the quarter, compared to the consensus estimate of $172.12 million. During the same period in the prior year, the business posted $0.11 EPS. Casella Waste Systems’s revenue for the quarter was up 15.5% on a year-over-year basis.

A number of other research analysts have also weighed in on the company. UBS Group raised their price objective on Casella Waste Systems from $31.00 to $36.00 and gave the company a “neutral” rating in a research report on Thursday, April 4th. BidaskClub downgraded Casella Waste Systems from a “buy” rating to a “hold” rating in a report on Thursday, April 4th. Zacks Investment Research raised Casella Waste Systems from a “strong sell” rating to a “hold” rating in a research note on Monday, April 1st. ValuEngine upgraded shares of Casella Waste Systems from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 28th. Finally, Stifel Nicolaus cut shares of Casella Waste Systems from a “buy” rating to a “hold” rating and set a $35.00 price target on the stock. in a research note on Friday, February 22nd. Five equities research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $35.50.

Shares of CWST opened at $34.00 on Tuesday. The company has a market capitalization of $1.56 billion, a PE ratio of 55.74 and a beta of 0.95. Casella Waste Systems has a 52 week low of $23.38 and a 52 week high of $36.95.

In related news, VP Christopher Heald sold 6,925 shares of the company’s stock in a transaction that occurred on Thursday, February 21st. The stock was sold at an average price of $34.60, for a total value of $239,605.00. Following the transaction, the vice president now directly owns 107,090 shares of the company’s stock, valued at approximately $3,705,314. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Edmond Coletta sold 1,255 shares of the stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $34.18, for a total value of $42,895.90. Following the sale, the insider now owns 157,507 shares in the company, valued at $5,383,589.26. The disclosure for this sale can be found here. Insiders have sold 424,422 shares of company stock valued at $14,797,659 in the last three months. 10.64% of the stock is owned by insiders.

Several hedge funds have recently bought and sold shares of CWST. BlackRock Inc. increased its holdings in Casella Waste Systems by 0.9% in the 3rd quarter. BlackRock Inc. now owns 2,758,247 shares of the industrial products company’s stock worth $85,670,000 after buying an additional 24,380 shares in the last quarter. Panagora Asset Management Inc. grew its stake in shares of Casella Waste Systems by 235.7% in the third quarter. Panagora Asset Management Inc. now owns 31,524 shares of the industrial products company’s stock worth $979,000 after acquiring an additional 22,133 shares during the period. AMP Capital Investors Ltd bought a new stake in shares of Casella Waste Systems in the third quarter worth approximately $284,000. United Services Automobile Association raised its holdings in shares of Casella Waste Systems by 62.7% during the third quarter. United Services Automobile Association now owns 150,920 shares of the industrial products company’s stock valued at $4,688,000 after purchasing an additional 58,188 shares during the last quarter. Finally, Earnest Partners LLC raised its holdings in shares of Casella Waste Systems by 23.1% during the third quarter. Earnest Partners LLC now owns 2,262,018 shares of the industrial products company’s stock valued at $70,258,000 after purchasing an additional 424,141 shares during the last quarter. Hedge funds and other institutional investors own 79.43% of the company’s stock.

Casella Waste Systems Company Profile

Casella Waste Systems, Inc, together with its subsidiaries, operates as a vertically integrated solid waste services company in the northeastern United States. The company operates through Eastern, Western, Recycling, and Other segments. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, and industrial customers.

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Earnings History and Estimates for Casella Waste Systems (NASDAQ:CWST)

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