Share on StockTwits

Casella Waste Systems (NASDAQ:CWST) hit a new 52-week low during mid-day trading on Friday , AR Network reports. The company traded as low as $4.62 and last traded at $4.68, with a volume of 34,095 shares changing hands. The stock had previously closed at $4.72.

Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus initiated coverage on shares of Casella Waste Systems in a research note on Thursday. They set a “hold” rating on the stock. Separately, 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. Finally, 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. One investment 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. Casella Waste Systems presently has a consensus rating of “Hold” and a consensus price target of $6.38.

The stock has a 50-day moving average of $5.0 and a 200-day moving average of $5.21. The company’s market cap is $187.7 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.

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.