Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Casella Waste Systems (CWST) Stock Price

Media coverage about Casella Waste Systems (NASDAQ:CWST) has been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Casella Waste Systems earned a news impact score of 0.23 on Accern’s scale. Accern also gave news headlines about the industrial products company an impact score of 46.0480236269171 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the news headlines that may have impacted Accern’s rankings:

Several equities research analysts have issued reports on CWST shares. KeyCorp reissued a “buy” rating on shares of Casella Waste Systems in a research note on Friday, November 3rd. Zacks Investment Research raised Casella Waste Systems from a “sell” rating to a “hold” rating and set a $22.00 target price for the company in a research note on Tuesday, November 7th. BidaskClub raised Casella Waste Systems from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 29th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $22.00 target price on shares of Casella Waste Systems in a research note on Thursday, January 4th. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $21.00.

Shares of Casella Waste Systems (CWST) opened at $26.43 on Tuesday. Casella Waste Systems has a one year low of $11.20 and a one year high of $27.38. The company has a quick ratio of 0.91, a current ratio of 0.98 and a debt-to-equity ratio of -7.91. The firm has a market capitalization of $1,111.20, a price-to-earnings ratio of -20.33 and a beta of 0.79.

In other news, COO Edwin D. Johnson sold 99,091 shares of Casella Waste Systems stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $21.01, for a total value of $2,081,901.91. Following the completion of the sale, the chief operating officer now directly owns 469,500 shares of the company’s stock, valued at $9,864,195. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Christopher Heald sold 1,500 shares of Casella Waste Systems stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $20.25, for a total value of $30,375.00. Following the completion of the sale, the vice president now directly owns 71,451 shares of the company’s stock, valued at $1,446,882.75. The disclosure for this sale can be found here. Insiders sold 128,591 shares of company stock valued at $2,682,077 over the last ninety days. Insiders own 11.47% of the company’s stock.

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Casella Waste Systems Company Profile

Casella Waste Systems, Inc is a solid waste services company. The Company provides resource management services to residential, commercial, municipal and industrial customers, primarily in the areas of solid waste collection and disposal, transfer, recycling and organics services. It manages its solid waste operations on a geographic basis through two regional operating segments: Eastern and Western regions, each of which provides a range of solid waste services, and its recycling and commodity brokerage operations through its Recycling segment.

Insider Buying and Selling by Quarter for Casella Waste Systems (NASDAQ:CWST)

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