Casella Waste Systems (CWST) to Release Earnings on Wednesday

Casella Waste Systems (NASDAQ:CWST) is anticipated to announce its earnings results after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $419.53 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Casella Waste Systems Price Performance

CWST opened at $108.52 on Tuesday. The company has a current ratio of 2.55, a quick ratio of 2.48 and a debt-to-equity ratio of 0.68. The company has a market cap of $6.87 billion, a price-to-earnings ratio of 904.33, a price-to-earnings-growth ratio of 3.89 and a beta of 1.04. The stock has a fifty day simple moving average of $107.92 and a two-hundred day simple moving average of $105.59. Casella Waste Systems has a 12-month low of $84.45 and a 12-month high of $114.88.

Wall Street Analyst Weigh In

CWST has been the subject of several research reports. Jefferies Financial Group lowered shares of Casella Waste Systems from a “buy” rating to a “hold” rating and decreased their price target for the stock from $115.00 to $113.00 in a research note on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Casella Waste Systems from $114.00 to $107.00 and set a “hold” rating for the company in a research note on Friday, November 1st. Finally, Stifel Nicolaus boosted their price target on Casella Waste Systems from $117.00 to $127.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Casella Waste Systems has a consensus rating of “Moderate Buy” and a consensus target price of $113.80.

Casella Waste Systems Company Profile

Casella Waste Systems, Inc, together with its subsidiaries, operates as a vertically integrated solid waste services company in the United States. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, institutional, and industrial customers.