Casella Waste Systems Inc. (NASDAQ:CWST) shares were down 0% during trading on Friday . The stock traded as low as $8.10 and last traded at $8.19, with a volume of 205,795 shares trading hands. The stock had previously closed at $8.19.

Several research analysts have recently commented on CWST shares. Stifel Nicolaus raised shares of Casella Waste Systems from a “hold” rating to a “buy” rating and set a $8.50 price objective for the company in a research note on Monday, May 9th. Zacks Investment Research upgraded shares of Casella Waste Systems from a “hold” rating to a “buy” rating and set a $8.50 price target for the company in a research note on Wednesday, June 29th. Finally, First Analysis lifted their price target on shares of Casella Waste Systems from $8.00 to $9.00 and gave the stock an “overweight” rating in a research note on Friday, June 17th. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $8.08.

The stock’s market cap is $339.33 million. The stock’s 50-day moving average price is $7.47 and its 200-day moving average price is $6.62.

Casella Waste Systems (NASDAQ:CWST) last issued its earnings results on Wednesday, May 4th. The company reported ($0.19) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.25) by $0.06. The company earned $125.43 million during the quarter, compared to analyst estimates of $118.15 million. Casella Waste Systems’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the business earned ($0.23) earnings per share. Equities research analysts predict that Casella Waste Systems Inc. will post ($0.04) earnings per share for the current year.

In other news, Director Douglas R. Casella sold 5,806 shares of the firm’s stock in a transaction on Wednesday, June 29th. The stock was sold at an average price of $7.56, for a total transaction of $43,893.36. Following the transaction, the director now directly owns 738,349 shares of the company’s stock, valued at $5,581,918.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO John W. Casella sold 9,003 shares of the firm’s stock in a transaction on Wednesday, June 29th. The shares were sold at an average price of $7.56, for a total value of $68,062.68. Following the transaction, the chief executive officer now directly owns 524,991 shares in the company, valued at $3,968,931.96. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in Casella Waste Systems stock. Wells Fargo & Company MN raised its position in shares of Casella Waste Systems Inc. (NASDAQ:CWST) by 18.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 209,837 shares of the company’s stock after buying an additional 33,420 shares during the period. Wells Fargo & Company MN owned 0.51% of Casella Waste Systems worth $1,255,000 at the end of the most recent reporting period.

Casella Waste Systems, Inc is a solid waste services company. The Company is engaged in the provision of resource management services to residential, commercial, municipal and industrial customers, primarily in the areas of solid waste collection and disposal, transfer, recycling and organics services.

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