Casella Waste Systems Stock (NASDAQ: CWST)

Casella Waste Systems (NASDAQ:CWST) Stock

Casella Waste Sys

Casella Waste Systems Inc is a solid waste removal company, providing resource management services to residential, commercial, municipal, and industrial customers. The company's reportable segments on Geographical basis include Eastern, Western and Mid-Atlantic regions through the Resource solution segment. It generates maximum revenue from the Western region segment. The company's services include Recycling, Collection, Organics, Energy, Landfills, Special Waste as well as Professional Services.

Casella Waste Systems

Jim Cramer Photo by s_bukley on Shutterstock

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Cramer takes a look at TETRA Technologies, Abbott, Wendy&#39;s, Nu Holdings and Casella Waste on the latest edition of &#34;Mad Money.&#34;

Jim Cramer Is Worried About This Consumer Cyclical Stock: 7% Yield? &#39;Something May Be Wrong Here&#39;

Kazan,,Russia,-,August,14,,2021:,Electronic,Arts,Inc.,Is

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Analyst Ratings

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This Electronic Arts Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday

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Casella Waste Systems shares are trading lower by 4.9% during Wednesday&#39;s session. The company announced a $450 million public offering of 4.5 million shares at $100 per share.

Why Casella Waste Systems (CWST) Stock Is Falling

Casella Waste Systems, Inc. - Class A Common Stock

Casella Waste Systems Inc

Stifel analyst Brian Butler maintains Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) with a Buy and raises the price target from $127 to $129.

Price Target

Stifel Maintains Buy on Casella Waste Sys, Raises Price Target to $129

Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) sees FY2025 sales of $1.775 billion-$1.805 billion vs $1.73 billion analyst estimate.

Guidance

Casella Waste Sys Sees FY2025 Sales $1.775B-$1.805B vs $1.73B Est

Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) reported quarterly earnings of $0.41 per share which beat the analyst consensus estimate of $0.16 by 156.25 percent. This is a 41.38 percent increase over earnings of $0.29 per share from the same period last year. The company reported quarterly sales of $427.49 million which beat the analyst consensus estimate of $418.91 million by 2.05 percent. This is a 18.89 percent increase over sales of $359.57 million the same period last year.

Earnings

Earnings Beats

Casella Waste Sys Q4 Adj $0.41 Beats $0.16 Estimate, Sales $427.49M Beat $418.91M Estimate

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Earnings Scheduled For February 12, 2025

Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) has outperformed the market over the past 15 years by 11.78% on an annualized basis producing an average annual return of 23.8%. Currently, Casella Waste Sys has a market capitalization of $6.86 billion. 
Buying $1000 In CWST: If an investor had bought $1000 of CWST stock 15 years ago, it would be worth $24,647.73 today based on a price of $108.42 for CWST at the time of writing.
<h3>Casella Waste Sys's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1739290515_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $1000 Invested In Casella Waste Sys 15 Years Ago Would Be Worth Today

On CNBC's &#8220;<a href="https://www.benzinga.com/topic/mad-money-lightning-round">Mad Money Lightning Round</a>,&#8221; Jim Cramer said he is worried about The Wendy&#8217;s Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WEN#NASDAQ">WEN</a>).
Cramer says it should not have a 7% yield, adding, &#8220;That, to me, suggests something may be wrong here.
Morgan Stanley analyst John Glass supported his view on Jan. 21, downgrading Wendy&#8217;s from Equal-Weight to Underweight and lowering the price target from $22 to $14.
<h3 class="wp-block-heading">Nu Is A &#8216;Really Hard&#8217; Company</h3>
Nu Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) is a &#8220;really hard&#8221; company. Cramer added that he prefers SoFi Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) over the fintech firm.
Supporting his view, Citigroup analyst Ashwin Shirvaikar, on Dec. 2, downgraded the rating from Neutral to Sell on the stock and lowered its price <a href="https://www.benzinga.com/quote/NU/analyst-ratings">target from $14.6 to $11</a>.
<h3 class="wp-block-heading">Other Stocks In Focus</h3>
TETRA Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTI#NYSE">TTI</a>) is a &#8220;very good company, and it did come up from the ashes,&#8221; Cramer said. &#8220;As a matter of fact, it's come up so much, it's up 28% for the year, so I cannot sanction buying it.&#8221;
The company's stock also jumped more than 33% over the past month.
When asked about Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>), he said, &#8220;I can't recommend anything on a straight line. But if it pulls back a couple bucks, though, it's good, because this should be one of the great pharma stories because it's got the best growth in device and pharmaceuticals.&#8221;
Abbott Laboratories, meanwhile, on Jan. 22, reported fourth-quarter sales of $10.97 billion, up 7.2% year over year, missing the consensus of $11.01 billion.
&#8220;This one has been around forever, and it just caught fire,&#8221; Cramer said when asked about Casella Waste Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>). The &#8220;Mad Money&#8221; host added that although it's good he will go back to Waste Management, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WM#NYSE">WM</a>).
Adding support to his choice, Jefferies analyst Stephanie Moore, on Jan. 23, downgraded Casella Waste from Buy to Hold and lowered the price target from $115 to $113.
Price Action:
<ul>
<li>TETRA Technologies shares fell 1.7% to settle at $4.60 on Friday.</li>
<li>Abbott shares gained 1.5% to close at $125.03 during the session.</li>
<li>Wendy's shares gained 0.6% to settle at $14.30 on Friday.</li>
<li>Nu Holdings shares rose 1.2% to close at $12.34.</li>
<li>Casella Waste shares slipped 1% to settle at $105.03 on Friday.</li>
</ul>
Read Next: 
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<li><a href="https://www.benzinga.com/markets/25/01/43189390/top-3-materials-stocks-that-may-fall-off-a-cliff-in-january">Top 3 Materials Stocks That May Fall Off A Cliff In January</a></li>
</ul>
Image: Shutterstock

Jim Cramer Is Worried About This Consumer Cyclical Stock: 7% Yield? 'Something May Be Wrong Here'

Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) has outperformed the market over the past 10 years by 28.05% on an annualized basis producing an average annual return of 39.77%. Currently, Casella Waste Sys has a market capitalization of $6.73 billion. 
Buying $100 In CWST: If an investor had bought $100 of CWST stock 10 years ago, it would be worth $2,800.78 today based on a price of $106.38 for CWST at the time of writing.
<h3>Casella Waste Sys's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737641711_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Casella Waste Sys Stock In The Last 10 Years

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Jefferies analyst Stephanie Moore downgraded the rating for Casella Waste Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) from Buy to Hold and lowered the price target from $115 to $113. Casella Waste shares closed at $107.83 on Wednesday. <a href="https://www.benzinga.com/quote/CWST/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan analyst Matthew Boss downgraded Acushnet Holdings Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLF#NYSE">GOLF</a>) from Neutral to Underweight and announced a $64 price target. Acushnet shares closed at $74.60 on Wednesday. <a href="https://www.benzinga.com/quote/GOLF/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>BMO Capital analyst Brian Pitz downgraded the rating for Electronic Arts Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) from Outperform to Market Perform and lowered the price target from $160 to $145. Electronic Arts shares closed at $142.35 on Wednesday. <a href="https://www.benzinga.com/quote/EA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Goldman Sachs analyst Gabriela Borges downgraded Veeva Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>) from Buy to Sell and lowered the price target from $261 to $200. Veeva Systems shares closed at $229.07 on Wednesday. <a href="https://www.benzinga.com/quote/VEEV/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler analyst Michael Lavery downgraded the rating for The Boston Beer Company, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAM#NYSE">SAM</a>) from Overweight to Neutral and slashed the price target from $370 to $275. Boston Beer shares closed at $250.19 on Wednesday. <a href="https://www.benzinga.com/quote/SAM/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying EA stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="552" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23071606/image-167-1024x552.png" alt="" class="wp-image-746619" style="width:536px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23071606/image-167-1024x552.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23071606/image-167-300x162.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23071606/image-167-768x414.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23071606/image-167.png 1136w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Jefferies analyst Stephanie Moore downgrades Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) from Buy to Hold and lowers the price target from $115 to $113.

Jefferies Downgrades Casella Waste Sys to Hold, Lowers Price Target to $113

Casella Waste Sys's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NYSE">CWST</a>) short percent of float has risen 7.5% since its last report. The company recently reported that it has 2.13 million shares sold short, which is 3.44% of all regular shares that are available for trading. Based on its trading volume, it would take traders 7.74 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Casella Waste Sys Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734958821_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Casella Waste Sys has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Casella Waste Sys's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Casella Waste Sys's peer group average for short interest as a percentage of float is 3.18%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About Casella Waste Sys?

Stifel analyst Brian Butler maintains Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) with a Buy and raises the price target from $117 to $127.

Stifel Maintains Buy on Casella Waste Sys, Raises Price Target to $127

Michael K Burke, Board Member at Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>), disclosed an insider sell on November 25, according to a recent SEC filing.
What Happened: Burke's decision to sell 1,800 shares of Casella Waste Sys was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000911177/000091117724000115//Archives/edgar/data/911177/000091117724000115/0000911177-24-000115-index.htm">U.S. Securities and Exchange Commission</a> on Monday. The total value of the sale is $203,184.
As of Tuesday morning, Casella Waste Sys shares are up by 0.08%, currently priced at $113.0.
<h3>Discovering Casella Waste Sys: A Closer Look</h3>
Casella Waste Systems Inc is a solid waste removal company, providing resource management services to residential, commercial, municipal, and industrial customers. The company's reportable segments on Geographical basis include Eastern, Western and Mid-Atlantic regions through the Resource solution segment. It generates maximum revenue from the Western region segment. The company services include Recycling, Collection, Organics, Energy, Landfills, Special Waste as well as Professional Services.
<h3>Casella Waste Sys: A Financial Overview</h3>
Revenue Growth: Casella Waste Sys's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 16.7%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: With a low gross margin of 35.11%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Casella Waste Sys's EPS is below the industry average. The company faced challenges with a current EPS of 0.1. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: Casella Waste Sys's debt-to-equity ratio is below the industry average at 0.76, reflecting a lower dependency on debt financing and a more conservative financial approach.
In-Depth Valuation Examination:
<ul>
<li>
Price to Earnings (P/E) Ratio: Casella Waste Sys's current Price to Earnings (P/E) ratio of 1026.45 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 4.42, Casella Waste Sys's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Casella Waste Sys's EV/EBITDA ratio, surpassing industry averages at 25.77, positions it with an above-average valuation in the market.
</li>
</ul>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
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<h3>The Importance of Insider Transactions</h3>
Investors should view insider transactions as part of a multifaceted analysis and not rely solely on them for decision-making.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Unlocking the Meaning of Transaction Codes</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000911177">Check Out The Full List Of Casella Waste Sys's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Insider Decision: Michael K Burke Offloads $203K Worth Of Casella Waste Sys Stock

Making a noteworthy insider sell on November 25, Douglas R Casella, Vice Chairman at Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>), is reported in the latest SEC filing.
What Happened: Casella's decision to sell 20,000 shares of Casella Waste Sys was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000911177/000091117724000116//Archives/edgar/data/911177/000091117724000116/0000911177-24-000116-index.htm">U.S. Securities and Exchange Commission</a> on Monday. The total value of the sale is $2,245,200.
In the Tuesday's morning session, Casella Waste Sys's shares are currently trading at $112.91, experiencing a down of 0.0%.
<h3>All You Need to Know About Casella Waste Sys</h3>
Casella Waste Systems Inc is a solid waste removal company, providing resource management services to residential, commercial, municipal, and industrial customers. The company's reportable segments on Geographical basis include Eastern, Western and Mid-Atlantic regions through the Resource solution segment. It generates maximum revenue from the Western region segment. The company services include Recycling, Collection, Organics, Energy, Landfills, Special Waste as well as Professional Services.
<h3>Understanding the Numbers: Casella Waste Sys's Finances</h3>
Revenue Growth: Casella Waste Sys's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 16.7%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 35.11%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Casella Waste Sys exhibits below-average bottom-line performance with a current EPS of 0.1.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.76.
Financial Valuation Breakdown:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a higher-than-average P/E ratio of 1026.45, Casella Waste Sys's stock is perceived as being overvalued in the market.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 4.42 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Casella Waste Sys's EV/EBITDA ratio stands at 25.77, surpassing industry benchmarks. This places the company in a position with a higher-than-average market valuation.
</li>
</ul>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
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<h3>Navigating the Impact of Insider Transactions on Investments</h3>
It's important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>A Deep Dive into Insider Transaction Codes</h3>
In the domain of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their focus to those taking place in the open market, as meticulously outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000911177">Check Out The Full List Of Casella Waste Sys's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Douglas R Casella Implements A Sell Strategy: Offloads $2.25M In Casella Waste Sys Stock

Casella Waste Sys's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NYSE">CWST</a>) short percent of float has risen 11.72% since its last report. The company recently reported that it has 2.00 million shares sold short, which is 3.24% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.2 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Casella Waste Sys Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732554920_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Casella Waste Sys has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Casella Waste Sys's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Casella Waste Sys's peer group average for short interest as a percentage of float is 3.15%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Casella Waste Sys's Recent Short Interest

Casella Waste Systems, Inc. ("Casella") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>), a regional solid waste, recycling and resource management services company, today announced an offering of up to $45.0 million aggregate principal amount of the Finance Authority of Maine (the "Authority") Solid Waste Disposal Revenue Bonds (Casella Waste Systems, Inc. Project) Series 2024 (the "Bonds") under an indenture between the Authority and the bond trustee. The Bonds will be guaranteed under a guaranty (the "Guaranty") by substantially all of Casella's subsidiaries (the "Guarantors"), as required by the terms of the financing agreement between the Authority and Casella (the "Financing Agreement"), pursuant to which the Authority will loan the proceeds of the Bonds to Casella.
Casella intends to use the proceeds of the Bonds to fund the costs of certain qualifying capital projects in the State of Maine, to pay certain costs of issuance, and to refinance and repay in full on the stated maturity date of January 1, 2025 (required to be paid on January 2, 2025 under the applicable indenture) the Authority's Solid Waste Disposal Revenue Bonds (Casella Waste Systems, Inc. Project) Series 2005 (the "2005 Bonds") previously issued to finance certain project costs and costs of issuance under an indenture between the Authority and the bond trustee dated as of December 1, 2005, as amended.
The exact terms and timing of the offering of the Bonds will depend upon market conditions and other factors. There can be no assurance that all approvals with respect to the Bonds will be received, that all other conditions to the issuance of the Bonds will be satisfied or that the offering will be completed.
The Bonds will not be a general obligation of the Authority and will not constitute indebtedness of or a charge against the general credit of the Authority. The Bonds will not be a debt of the State of Maine or any political subdivision of the State of Maine and will be payable solely from any remarketing proceeds and from amounts received from Casella under the terms of the Financing Agreement and from the Guarantors under the Guaranty.

Offerings

Casella Waste Systems Announces An Offering Of Up To $45M Aggregate Principal Amount Of The Finance Authority Of Maine Solid Waste Disposal Revenue Bonds Series 2024 Under An Indenture Between The Authority And The Bond Trustee

Disclosed in a recent SEC filing on November 18, Casella, Chief Executive Officer at Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>), made a noteworthy transaction involving the exercise of company stock options.
What Happened: Casella, Chief Executive Officer at Casella Waste Sys, exercised stock options for 27,940 shares of CWST stock. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000911177/000091117724000108//Archives/edgar/data/911177/000091117724000108/0000911177-24-000108-index.htm">U.S. Securities and Exchange Commission</a> on Monday. The exercise price of the options was $12.48 per share.
The latest update on Tuesday morning shows Casella Waste Sys shares down by 0.0%, trading at $108.01. At this price, Casella's 27,940 shares are worth $2,669,108.
<h3>Delving into Casella Waste Sys's Background</h3>
Casella Waste Systems Inc is a solid waste removal company, providing resource management services to residential, commercial, municipal, and industrial customers. The company's reportable segments on Geographical basis include Eastern, Western and Mid-Atlantic regions through the Resource solution segment. It generates maximum revenue from the Western region segment. The company services include Recycling, Collection, Organics, Energy, Landfills, Special Waste as well as Professional Services.
<h3>Casella Waste Sys: A Financial Overview</h3>
Revenue Growth: Casella Waste Sys displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 16.7%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 35.11%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Casella Waste Sys's EPS is below the industry average. The company faced challenges with a current EPS of 0.1. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: Casella Waste Sys's debt-to-equity ratio is below the industry average. With a ratio of 0.76, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Assessing Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current Price to Earnings ratio of 981.91 is higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 4.23 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an impressive EV/EBITDA ratio of 24.75, Casella Waste Sys demonstrates exemplary market valuation, surpassing industry averages.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
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<h3>Understanding the Significance of Insider Transactions</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Breaking Down the Significance of Transaction Codes</h3>
In the domain of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their focus to those taking place in the open market, as meticulously outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000911177">Check Out The Full List Of Casella Waste Sys's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Engaging In Options Activity, John W Casella Exercises Options Valued At $2.67M In Casella Waste Sys

Casella Waste Sys's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NYSE">CWST</a>) short percent of float has fallen 18.77% since its last report. The company recently reported that it has 1.79 million shares sold short, which is 2.9% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.08 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Casella Waste Sys Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731086118_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Casella Waste Sys has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Casella Waste Sys's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Casella Waste Sys's peer group average for short interest as a percentage of float is 3.17%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(CWST) - Analyzing Casella Waste Sys's Short Interest

John W Casella, Chief Executive Officer at Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>), disclosed an insider sell on November 6, according to a recent SEC filing.
What Happened: Casella's recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000911177/000091117724000096//Archives/edgar/data/911177/000091117724000096/0000911177-24-000096-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday unveiled the sale of 23,509 shares of Casella Waste Sys. The total transaction value is $2,369,563.
Casella Waste Sys's shares are actively trading at $106.91, experiencing a down of 0.0% during Thursday's morning session.
<h3>All You Need to Know About Casella Waste Sys</h3>
Casella Waste Systems Inc is a solid waste removal company, providing resource management services to residential, commercial, municipal, and industrial customers. The company's reportable segments on Geographical basis include Eastern, Western and Mid-Atlantic regions through the Resource solution segment. It generates maximum revenue from the Western region segment. The company services include Recycling, Collection, Organics, Energy, Landfills, Special Waste as well as Professional Services.
<h3>Casella Waste Sys's Economic Impact: An Analysis</h3>
Revenue Growth: Over the 3 months period, Casella Waste Sys showcased positive performance, achieving a revenue growth rate of 16.7% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: With a low gross margin of 35.11%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Casella Waste Sys's EPS reflects a decline, falling below the industry average with a current EPS of 0.1.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.76, Casella Waste Sys adopts a prudent financial strategy, indicating a balanced approach to debt management.
In-Depth Valuation Examination:
<ul>
<li>
Price to Earnings (P/E) Ratio: A higher-than-average P/E ratio of 971.91 suggests caution, as the stock may be overvalued in the eyes of investors.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 4.19 is above industry norms, reflecting an elevated valuation for Casella Waste Sys's stock and potential overvaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Casella Waste Sys's EV/EBITDA ratio stands at 24.52, surpassing industry benchmarks. This places the company in a position with a higher-than-average market valuation.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>Why Pay Attention to Insider Transactions</h3>
While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>The Insider's Guide to Important Transaction Codes</h3>
Navigating through the landscape of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000911177">Check Out The Full List Of Casella Waste Sys's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Casella Waste Sys Chief Executive Officer Trades Company's Stock

WIIM

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DRVN

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Shares of commercial services and supplies companies are trading higher after Donald Trump won the 2024 presidential election.

Deutsche Bank analyst Faiza Alwy maintains Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) with a Hold and lowers the price target from $114 to $107.

Deutsche Bank Maintains Hold on Casella Waste Sys, Lowers Price Target to $107

Press Releases

Casella Waste Systems, Inc. to Host Conference Call on Its Third Quarter 2024 Results

Casella Waste Systems, Inc. Announces Third Quarter 2024 Results and Recent Acquisition; Updates Fiscal Year 2024 Guidance

Casella Waste Systems, Inc. to Present at Upcoming Investor Conferences

Financing

Casella Waste Systems, Inc. Announces Offering of the Finance Authority of Maine Solid Waste Disposal Revenue Bonds

General

Casella Waste Systems, Inc. Dedicates CDL Training Center to First-Ever Employee

Casella Waste Systems, Inc. Announces Pricing of Up to $45.0 Million of Finance Authority of Maine Solid Waste Disposal Revenue Bonds

Casella Waste Systems, Inc. to Host Conference Call on Its Fourth Quarter 2024 Results

Casella Waste Systems, Inc. Announces Fourth Quarter and Fiscal Year 2024 Results and Provides Fiscal Year 2025 Guidance

Casella Recognized on Forbes America's Best Midsize Employers List

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