Casella Waste Systems (CWST) Posts Quarterly Results
Casella Waste Systems (NASDAQ:CWST) released its earnings data on Wednesday. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01), AnalystRatingsNetwork reports. The company had revenue of $141.40 million for the quarter, compared to the consensus estimate of $132.93 million.
A number of research firms have recently commented on CWST. Analysts at Stifel Nicolaus initiated coverage on shares of Casella Waste Systems in a research note on Thursday, July 31st. They set a “hold” rating on the stock. On the ratings front, 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 research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $6.38.
Casella Waste Systems (NASDAQ:CWST) traded up 1.50% on Wednesday, hitting $4.75. The stock had a trading volume of 75,074 shares. Casella Waste Systems has a one year low of $4.50 and a one year high of $6.20. The stock’s 50-day moving average is $4.88 and its 200-day moving average is $5.16. The company’s market cap is $190.5 million.
Casella Waste Systems, Inc is a vertically integrated solid waste, recycling, and resource management services company.
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