Key Equity Research Analysts at Raymond James Kept the Same their ‘”Strong Buy”’ rating for Casella Waste Systems (NASDAQ:CWST) Shares Today. Their Target Price Given is $35

September 8, 2018 - By Catherine Diaz

Casella Waste Systems, Inc. (NASDAQ:CWST) Logo

Investors sentiment decreased to 1.05 in 2018 Q1. Its down 0.05, from 1.1 in 2017Q4. It turned negative, as 9 investors sold Casella Waste Systems, Inc. shares while 51 reduced holdings. 21 funds opened positions while 42 raised stakes. 32.67 million shares or 4.70% more from 31.20 million shares in 2017Q4 were reported.

Gsa Prtn Llp stated it has 34,651 shares. Epoch Investment Ptnrs Incorporated reported 1.47 million shares. Wells Fargo Commerce Mn invested 0.01% in Casella Waste Systems, Inc. (NASDAQ:CWST). Driehaus Management Ltd Liability Corporation invested 0.16% in Casella Waste Systems, Inc. (NASDAQ:CWST). Teacher Retirement Systems Of Texas has invested 0% in Casella Waste Systems, Inc. (NASDAQ:CWST). Pnc Fin Group Inc holds 0% or 1,569 shares in its portfolio. Credit Suisse Ag has 0% invested in Casella Waste Systems, Inc. (NASDAQ:CWST). Blackrock stated it has 2.73M shares or 0% of all its holdings. Renaissance Techs Lc stated it has 0.09% in Casella Waste Systems, Inc. (NASDAQ:CWST). California Public Employees Retirement System stated it has 0% of its portfolio in Casella Waste Systems, Inc. (NASDAQ:CWST). Bridgeway Mgmt holds 84,500 shares. Principal Financial Grp Inc stated it has 494,592 shares or 0.01% of all its holdings. Metropolitan Life Insurance New York holds 0% in Casella Waste Systems, Inc. (NASDAQ:CWST) or 12,991 shares. 185,292 were accumulated by Asset One Limited. Bancshares Of New York Mellon Corporation holds 0% of its portfolio in Casella Waste Systems, Inc. (NASDAQ:CWST) for 287,189 shares.

Since March 6, 2018, it had 0 insider purchases, and 10 insider sales for $3.80 million activity. CASELLA DOUGLAS R sold $503,913 worth of stock. SCHMITT DAVID L had sold 15,000 shares worth $354,381 on Thursday, June 7. Another trade for 4,300 shares valued at $100,104 was made by PETERS GREGORY B on Thursday, March 15. Nagle Emily K had sold 5,000 shares worth $118,450 on Monday, March 12. Shares for $383,748 were sold by BURKE MICHAEL K on Tuesday, August 21. Coletta Edmond sold $784,912 worth of stock or 33,000 shares.

Casella Waste Systems (NASDAQ:CWST) Rating Reaffirmed

In analysts report published on Friday morning, The “Strong Buy” rating of Casella Waste Systems (NASDAQ:CWST) shares was kept at Raymond James, who now has a $35 target price on the stock. Raymond James’s target price indicates a possible upside of 10.65 % from the last stock price of the company.

Casella Waste Systems, Inc. (NASDAQ:CWST) Ratings Coverage

Among 3 analysts covering Casella Waste Systems (NASDAQ:CWST), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Casella Waste Systems has $35 highest and $25 lowest target. $30’s average target is -5.15% below currents $31.63 stock price. Casella Waste Systems had 3 analyst reports since March 15, 2018 according to SRatingsIntel. On Friday, September 7 the stock rating was maintained by Raymond James with “Strong Buy”. The firm has “Hold” rating by Stifel Nicolaus given on Monday, August 6.

The stock increased 3.81% or $1.16 during the last trading session, reaching $31.63. About 227,394 shares traded or 29.11% up from the average. Casella Waste Systems, Inc. (NASDAQ:CWST) has risen 75.40% since September 8, 2017 and is uptrending. It has outperformed by 62.83% the S&P500.

Analysts await Casella Waste Systems, Inc. (NASDAQ:CWST) to report earnings on November, 7. They expect $0.32 EPS, up 6.67 % or $0.02 from last year’s $0.3 per share. CWST’s profit will be $13.68M for 24.71 P/E if the $0.32 EPS becomes a reality. After $0.22 actual EPS reported by Casella Waste Systems, Inc. for the previous quarter, Wall Street now forecasts 45.45 % EPS growth.

Casella Waste Systems, Inc., together with its subsidiaries, operates as a vertically-integrated solid waste services firm in the northeastern United States. The company has market cap of $1.35 billion. The firm operates through Eastern Region, Western Region, Recycling, and Other divisions. It has a 44.74 P/E ratio. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, and industrial customers.

Casella Waste Systems, Inc. (NASDAQ:CWST) Institutional Positions Chart

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