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Equities researchers at Stifel Nicolaus began coverage on shares of Casella Waste Systems (NASDAQ:CWST) in a research report issued on Thursday, TheFlyOnTheWall.com reports. The firm set a “hold” rating on the stock.

Shares of Casella Waste Systems (NASDAQ:CWST) traded down 1.67% on Thursday, hitting $4.72. The stock had a trading volume of 176,416 shares. Casella Waste Systems has a 52-week low of $4.63 and a 52-week high of $6.20. The stock has a 50-day moving average of $5.10 and a 200-day moving average of $5.22. The company’s market cap is $189.3 million.

Casella Waste Systems (NASDAQ:CWST) last released its earnings data on Wednesday, June 25th. The company reported ($0.30) EPS for the quarter, missing the Thomson Reuters 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 prior year, the company posted ($0.22) earnings per share. The company’s quarterly revenue 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.

CWST has been the subject of a number of other recent research reports. Analysts at Wedbush reiterated an “outperform” rating on shares of Casella Waste Systems in a research note on Monday, June 30th. 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 analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. Casella Waste Systems currently has a consensus rating of “Hold” and a consensus target price of $6.38.

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

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