Casella Waste Systems Inc. Reaches New 12-Month High at $5.85 (CWST)
Shares of Casella Waste Systems (NASDAQ:CWST) hit a new 52-week high on Tuesday, AnalystRatingsNetwork reports. The company traded as high as $5.85 and last traded at $5.74, with a volume of 91,247 shares trading hands. The stock had previously closed at $5.77.
A number of research firms have recently commented on CWST. Analysts at TheStreet upgraded shares of Casella Waste Systems from a “sell” rating to a “hold” rating in a research note to investors on Wednesday, October 2nd. Analysts at Wedbush reiterated an “outperform” rating on shares of Casella Waste Systems in a research note to investors on Friday, August 16th. They now have a $6.25 price target on the stock, up previously from $5.50. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $6.13.
Casella Waste Systems has a 52-week low of $3.76 and a 52-week high of $5.85. The stock has a 50-day moving average of $5.45 and a 200-day moving average of $4.60. The company’s market cap is $230.0 million.
Casella Waste Systems (NASDAQ:CWST) last released its earnings data on Wednesday, August 28th. The company reported $0.00 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.07) by $0.07. The company had revenue of $128.60 million for the quarter, compared to the consensus estimate of $121.72 million. The company’s quarterly revenue was up 9.4% on a year-over-year basis. Analysts expect that Casella Waste Systems will post $-0.28 EPS for the current fiscal year.
Casella Waste Systems, Inc is a vertically integrated solid waste, recycling, and resource management services company.
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