Q2 EPS Forecast for Casella Waste Systems Boosted by Analyst

Casella Waste Systems, Inc. (NASDAQ:CWST) – Equities research analysts at William Blair upped their Q2 2026 earnings estimates for shares of Casella Waste Systems in a research note issued to investors on Monday, November 3rd. William Blair analyst T. Romeo now forecasts that the industrial products company will earn $0.41 per share for the quarter, up from their previous forecast of $0.40. William Blair has a “Outperform” rating on the stock. The consensus estimate for Casella Waste Systems’ current full-year earnings is $1.16 per share. William Blair also issued estimates for Casella Waste Systems’ Q3 2026 earnings at $0.54 EPS and FY2026 earnings at $1.44 EPS.

A number of other brokerages have also commented on CWST. Stifel Nicolaus assumed coverage on shares of Casella Waste Systems in a report on Monday, September 29th. They issued a “buy” rating and a $113.00 price target on the stock. The Goldman Sachs Group cut their price target on shares of Casella Waste Systems from $125.00 to $111.00 and set a “buy” rating on the stock in a report on Monday. Loop Capital raised shares of Casella Waste Systems from a “hold” rating to a “buy” rating and set a $88.00 price target on the stock in a report on Friday, September 19th. UBS Group raised their target price on shares of Casella Waste Systems from $135.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Casella Waste Systems in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $113.75.

Casella Waste Systems Price Performance

Shares of NASDAQ:CWST opened at $89.95 on Wednesday. The company’s fifty day moving average price is $90.70 and its 200-day moving average price is $104.26. The firm has a market capitalization of $5.71 billion, a price-to-earnings ratio of 499.72 and a beta of 0.84. Casella Waste Systems has a one year low of $82.22 and a one year high of $121.24. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.70 and a quick ratio of 1.61.

Casella Waste Systems (NASDAQ:CWST) last posted its earnings results on Thursday, October 30th. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.09. Casella Waste Systems had a net margin of 0.64% and a return on equity of 4.97%. The business had revenue of $485.35 million for the quarter, compared to analysts’ expectations of $477.24 million. During the same period in the prior year, the company posted $0.27 EPS. The business’s revenue for the quarter was up 17.9% compared to the same quarter last year. Casella Waste Systems has set its FY 2025 guidance at EPS.

Institutional Trading of Casella Waste Systems

A number of large investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its stake in shares of Casella Waste Systems by 1.8% in the third quarter. Envestnet Asset Management Inc. now owns 292,711 shares of the industrial products company’s stock worth $27,772,000 after acquiring an additional 5,176 shares during the period. Atlantic Union Bankshares Corp bought a new stake in shares of Casella Waste Systems in the third quarter worth approximately $95,000. Jones Financial Companies Lllp grew its stake in shares of Casella Waste Systems by 77.6% in the third quarter. Jones Financial Companies Lllp now owns 1,570 shares of the industrial products company’s stock worth $141,000 after acquiring an additional 686 shares during the period. State of Wyoming grew its stake in shares of Casella Waste Systems by 118.6% in the third quarter. State of Wyoming now owns 2,359 shares of the industrial products company’s stock worth $224,000 after acquiring an additional 1,280 shares during the period. Finally, Principal Financial Group Inc. grew its stake in shares of Casella Waste Systems by 7.7% in the third quarter. Principal Financial Group Inc. now owns 4,817 shares of the industrial products company’s stock worth $457,000 after acquiring an additional 343 shares during the period. 99.51% of the stock is currently owned by institutional investors.

About Casella Waste Systems

Casella Waste Systems, Inc, together with its subsidiaries, operates as a vertically integrated solid waste services company in the United States. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, institutional, and industrial customers.