Casella Waste Systems (NASDAQ:CWST) Issues Earnings Results

Casella Waste Systems (NASDAQ:CWST) released its earnings results on Thursday. The industrial products company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.10, FiscalAI reports. The company had revenue of $457.33 million for the quarter, compared to analysts’ expectations of $454.49 million. Casella Waste Systems had a return on equity of 5.20% and a net margin of 0.38%.The firm’s quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.19 EPS.

Casella Waste Systems Price Performance

Shares of CWST traded up $7.58 on Friday, reaching $86.83. The stock had a trading volume of 2,383,083 shares, compared to its average volume of 773,824. Casella Waste Systems has a twelve month low of $74.05 and a twelve month high of $121.24. The firm has a market capitalization of $5.51 billion, a PE ratio of 723.64 and a beta of 0.77. The firm has a 50-day moving average of $85.11 and a 200 day moving average of $92.91. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.72.

Trending Headlines about Casella Waste Systems

Here are the key news stories impacting Casella Waste Systems this week:

• Positive Sentiment: Q1 EPS beat — Casella reported $0.20 EPS vs. a ~$0.10 consensus, beating estimates and topping year-ago EPS of $0.19, which helped lift sentiment. Zacks: Casella Tops Q1 Estimates
• Positive Sentiment: Revenue beat and growth — Q1 revenue was $457.33M vs. ~$454.5M expected, up ~9.6% year-over-year, signaling continued top-line growth. MarketBeat: Q1 Results
• Positive Sentiment: FY2026 revenue guidance and acquisition strategy — Management issued FY2026 revenue guidance around $2.1B and highlighted strategic acquisitions as growth drivers, which supports a constructive forward view on revenue. GlobeNewswire: Q1 Results & Guidance
• Neutral Sentiment: Management commentary — The Q1 earnings call/transcript provided additional color on operations, acquisitions and execution; investors will watch how integration and cost synergies translate to margins. Seeking Alpha: Q1 Call Transcript
• Neutral Sentiment: Press coverage corroborates results — Local and national outlets summarized the beat and guidance; no major surprises beyond the results and acquisition focus. GreenwichTime: Q1 Snapshot
• Negative Sentiment: Valuation and thin margins — The stock trades at a very high P/E (~724) and Casella’s reported net margin was about 0.43%, highlighting a stretched valuation relative to near-term earnings power that could limit upside if execution falters. MarketBeat: Valuation & Metrics

Insider Transactions at Casella Waste Systems

In other Casella Waste Systems news, CAO Kevin Drohan sold 675 shares of the business’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $92.61, for a total transaction of $62,511.75. Following the sale, the chief accounting officer directly owned 7,462 shares in the company, valued at approximately $691,055.82. The trade was a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO John W. Casella sold 6,726 shares of the company’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $93.10, for a total value of $626,190.60. Following the completion of the sale, the chief executive officer directly owned 27,989 shares in the company, valued at $2,605,775.90. This trade represents a 19.37% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 15,830 shares of company stock valued at $1,454,208. Company insiders own 3.81% of the company’s stock.

Hedge Funds Weigh In On Casella Waste Systems

Several hedge funds have recently added to or reduced their stakes in CWST. Invesco Ltd. lifted its holdings in shares of Casella Waste Systems by 12.5% in the fourth quarter. Invesco Ltd. now owns 2,703,855 shares of the industrial products company’s stock valued at $264,816,000 after purchasing an additional 300,102 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its stake in shares of Casella Waste Systems by 45.2% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 5,195 shares of the industrial products company’s stock worth $509,000 after purchasing an additional 1,617 shares in the last quarter. State of Tennessee Department of Treasury purchased a new position in shares of Casella Waste Systems during the 4th quarter worth approximately $1,395,000. Yaupon Capital Management LP acquired a new position in shares of Casella Waste Systems during the 4th quarter worth approximately $18,888,000. Finally, VARCOV Co. acquired a new position in shares of Casella Waste Systems during the 4th quarter worth approximately $364,000. 99.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on CWST. Jefferies Financial Group set a $120.00 price target on Casella Waste Systems and gave the company a “buy” rating in a research note on Tuesday, January 6th. Barclays raised their target price on Casella Waste Systems from $95.00 to $101.00 and gave the company an “equal weight” rating in a report on Monday, February 23rd. UBS Group decreased their target price on shares of Casella Waste Systems from $140.00 to $130.00 and set a “buy” rating on the stock in a research report on Tuesday, March 10th. Raymond James Financial reaffirmed a “strong-buy” rating and set a $115.00 price target on shares of Casella Waste Systems in a research note on Monday, February 23rd. Finally, Zacks Research upgraded shares of Casella Waste Systems from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 1st. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Casella Waste Systems currently has a consensus rating of “Moderate Buy” and an average target price of $111.00.

About Casella Waste Systems

Casella Waste Systems, Inc is a regional resource management company headquartered in Rutland, Vermont. Established in 1975, the company has grown from a single-truck operation into a multi-state provider of integrated waste management solutions. Casella offers a comprehensive range of services, including residential, commercial and industrial waste collection, transfer station operations, landfill disposal, recycling processing and organics management.

Through a network of solid waste transfer stations, recycling facilities and landfills, Casella serves communities primarily across the northeastern United States and parts of the mid-Atlantic region.