Share on StockTwits

Casella Waste Systems (NASDAQ:CWST) CFO Edmond Coletta sold 6,021 shares of the stock on the open market in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $4.96, for a total value of $29,864.16. Following the sale, the chief financial officer now directly owns 102,633 shares in the company, valued at approximately $509,060. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Casella Waste Systems (NASDAQ:CWST) opened at 5.15 on Friday. Casella Waste Systems has a 1-year low of $4.42 and a 1-year high of $6.20. The stock’s 50-day moving average is $5.36 and its 200-day moving average is $5.31. The company’s market cap is $206.6 million.

Casella Waste Systems (NASDAQ:CWST) last posted its quarterly earnings results on Wednesday, June 25th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by $0.14. The company had revenue of $118.90 million for the quarter, compared to the consensus estimate of $111.49 million. During the same quarter in the previous year, the company posted ($0.22) earnings per share. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. Analysts expect that Casella Waste Systems will post $-0.22 EPS for the current fiscal year.

A number of analysts have recently weighed in on CWST shares. Analysts at Wedbush reiterated an “outperform” rating on shares of Casella Waste Systems in a research note on Monday. They now have a $6.00 price target on the stock, down previously from $6.50. Separately, analysts at Imperial Capital cut their price target on shares of Casella Waste Systems from $7.50 to $6.50 in a research note on Friday, June 27th. They now have an “outperform” rating on the stock. Finally, analysts at Wunderlich cut their price target on shares of Casella Waste Systems from $6.00 to $5.50 in a research note on Friday, June 27th. They now have a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $6.38.

Casella Waste Systems, Inc is a vertically integrated solid waste, recycling, and resource management services company.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.