Casella Waste Systems (NASDAQ:CWST) Announces Earnings Results

Casella Waste Systems (NASDAQ:CWST) posted its earnings results on Monday. The industrial products company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.07), FiscalAI reports. The firm had revenue of $559.23 million during the quarter, compared to the consensus estimate of $563.17 million. Casella Waste Systems had a net margin of 0.29% and a return on equity of 5.32%. The firm’s revenue was up 15.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.42 EPS.

Casella Waste Systems Stock Performance

Shares of CWST opened at $99.02 on Tuesday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.84. The business has a 50-day simple moving average of $89.34 and a two-hundred day simple moving average of $90.07. The stock has a market cap of $6.30 billion, a price-to-earnings ratio of 1,100.34 and a beta of 0.71. Casella Waste Systems has a 52 week low of $74.05 and a 52 week high of $107.96.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on CWST shares. UBS Group lowered shares of Casella Waste Systems from a “buy” rating to a “neutral” rating and reduced their price target for the company from $122.00 to $95.00 in a research report on Wednesday, October 21st. Weiss Ratings downgraded shares of Casella Waste Systems from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, October 30th. JPMorgan Chase & Co. raised their price objective on shares of Casella Waste Systems from $91.00 to $99.00 and gave the stock a “neutral” rating in a report on Wednesday, October 21st. Raymond James Financial restated a “strong-buy” rating and set a $106.00 target price on shares of Casella Waste Systems in a research report on Friday, October 9th. Finally, Barclays upped their target price on shares of Casella Waste Systems from $102.00 to $104.00 and gave the company an “overweight” rating in a report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $104.80.

Key Stories Impacting Casella Waste Systems

Here are the key news stories impacting Casella Waste Systems this week:

• Neutral Sentiment: Revenue increased 15.2% year over year to $559.2 million, but was below the roughly $563.2 million consensus estimate. Casella announces third-quarter 2026 results
• Negative Sentiment: Adjusted earnings were $0.35 per share, below analyst estimates of $0.42 in several reports (Zacks’ estimate was $0.36) and down from $0.42 a year earlier. The earnings and revenue misses prompted reports of a decline in CWST shares following the release. Casella falls on earnings and revenue miss

Insider Activity

In other news, Director Michael Burke sold 1,100 shares of Casella Waste Systems stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $95.26, for a total transaction of $104,786.00. Following the transaction, the director directly owned 13,641 shares of the company’s stock, valued at $1,299,441.66. The trade was a 7.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Douglas Casella sold 15,157 shares of Casella Waste Systems stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $91.05, for a total value of $1,380,044.85. Following the transaction, the director directly owned 91,484 shares in the company, valued at approximately $8,329,618.20. The trade was a 14.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 18,700 shares of company stock worth $1,709,494 in the last ninety days. Corporate insiders own 3.78% of the company’s stock.

About Casella Waste Systems

Casella Waste Systems is a regional solid waste services company that provides collection, transfer, disposal, recycling and resource management services. Its customers include residential, commercial, municipal and industrial clients.

The company operates primarily in the northeastern United States, with services across states including Vermont, New Hampshire, New York, Maine, Massachusetts, Connecticut and Pennsylvania. Its operations also include recycling and organics services designed to recover materials and manage waste.

Founded in 1975 by brothers John and Douglas Casella, the company is headquartered in Rutland, Vermont.