Casella Waste Systems, Inc (NASDAQ: CWST) is 5.37% higher on its value in year-to-date trading and has touched a low of $82.84 and a high of $114.88 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CWST stock was last observed hovering at around $111.80 in the last trading session, with the day’s loss setting it -0.31%.
Currently trading at $111.49, the stock is 4.04% and 2.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing -0.28% at the moment leaves the stock 9.05% off its SMA200. CWST registered 32.73% gain for a year compared to 6-month gain of 4.80%. The firm has a 50-day simple moving average (SMA 50) of $108.4396 and a 200-day simple moving average (SMA200) of $102.23955.
The stock witnessed a 4.38% loss in the last 1 month and extending the period to 3 months gives it a 5.56%, and is 4.26% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.03% over the week and 2.20% over the month.
Casella Waste Systems, Inc (CWST) has around 4200 employees, a market worth around $7.06B and $1.49B in sales. Current P/E ratio is 960.29 and Fwd P/E is 107.39. Profit margin for the company is 0.46%. Distance from 52-week low is 34.58% and -2.95% from its 52-week high. The company has generated returns on investments over the last 12 months (0.26%).
with sales reaching $419.96M over the same period.The EPS is expected to shrink by -32.06% this year, but quarterly earnings will post 22.03% year-over-year. Quarterly sales are estimated to grow 16.80% in year-over-year returns.
Casella Waste Systems, Inc (CWST) Top Institutional Holders
479.0 institutions hold shares in Casella Waste Systems, Inc (CWST), with institutional investors hold 108.23% of the company’s shares. The shares outstanding are 62.33M, and float is at 61.92M with Short Float at 3.64%. Institutions hold 107.59% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 5.53 million shares valued at $549.1 million. The investor’s holdings represent 9.5367% of the CWST Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.11 million shares valued at $407.68 million to account for 7.0806 of the shares outstanding. The other top investors are CONESTOGA CAPITAL ADVISORS, LLC which holds 3.39 million shares representing 5.8366% and valued at over $336.06 million, while WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC holds 4.5955 of the shares totaling 2.67 million with a market value of $264.59 million.
Casella Waste Systems, Inc (CWST) Insider Activity
The most recent transaction is an insider sale by Green Emily Nagle, the company’s Director. SEC filings show that Green Emily Nagle sold 2,025 shares of the company’s common stock on Dec 13 ’24 at a price of $108.18 per share for a total of $0.22 million. Following the sale, the insider now owns 15624.0 shares.
Still, SEC filings show that on Nov 22 ’24, CASELLA DOUGLAS R (VICE CHAIRMAN, BD OF DIRECTORS) disposed off 20,000 shares at an average price of $112.26 for $2.25 million. The insider now directly holds 115,435 shares of Casella Waste Systems, Inc (CWST).
