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

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

The firm’s market cap is $339.33 million. The stock’s 50 day moving average price is $7.51 and its 200-day moving average price is $6.64.

Casella Waste Systems (NASDAQ:CWST) last posted its earnings results on Wednesday, May 4th. The company reported ($0.19) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.06. The business earned $125.43 million during the quarter, compared to analyst estimates of $118.15 million. During the same period in the previous year, the firm posted ($0.23) earnings per share. The firm’s revenue was up 7.6% on a year-over-year basis. On average, equities research analysts forecast that Casella Waste Systems Inc. will post ($0.04) earnings per share for the current fiscal year.

In other news, CFO Edmond Coletta sold 6,491 shares of the company’s stock in a transaction dated Wednesday, June 29th. The stock was sold at an average price of $7.56, for a total transaction of $49,071.96. Following the completion of the transaction, the chief financial officer now directly owns 164,538 shares of the company’s stock, valued at $1,243,907.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO John W. Casella sold 9,003 shares of the company’s stock in a transaction dated Wednesday, June 29th. The stock was 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 of the company’s stock, 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 boosted its stake in Casella Waste Systems Inc. (NASDAQ:CWST) by 18.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 209,837 shares of the company’s stock after buying an additional 33,420 shares during the period. Wells Fargo & Company MN owned approximately 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.