Casella Waste Systems (CWST) Expected to Announce Quarterly Earnings on Wednesday

Casella Waste Systems (NASDAQ:CWST) is expected to be issuing its quarterly earnings data 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. Investors that wish to register for the company’s conference call can do so using this link.

Casella Waste Systems Stock Performance

NASDAQ:CWST opened at $108.52 on Tuesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.48 and a current ratio of 2.55. Casella Waste Systems has a fifty-two week low of $84.45 and a fifty-two week high of $114.88. The firm has a market cap of $6.87 billion, a PE ratio of 904.33, a price-to-earnings-growth ratio of 3.89 and a beta of 1.04. The business has a 50 day moving average price of $107.92 and a 200-day moving average price of $105.59.

Analyst Ratings Changes

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

About Casella Waste Systems

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.