Casella Waste Systems Inc. (NASDAQ:CWST) hit a new 52-week high on Wednesday . The stock traded as high as $8.95 and last traded at $8.89, with a volume of 184,074 shares traded. The stock had previously closed at $8.71.

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

The company’s 50 day moving average price is $7.71 and its 200-day moving average price is $6.71. The firm’s market capitalization is $369.84 million.

Casella Waste Systems (NASDAQ:CWST) last posted its quarterly earnings data on Wednesday, May 4th. The company reported ($0.19) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.25) by $0.06. The company had revenue of $125.43 million for the quarter, compared to analysts’ expectations of $118.15 million. During the same period in the prior year, the company earned ($0.23) earnings per share. The firm’s revenue was up 7.6% on a year-over-year basis. On average, equities analysts predict that Casella Waste Systems Inc. will post ($0.04) EPS for the current year.

In other Casella Waste Systems news, CEO John W. Casella sold 9,003 shares of the company’s stock in a transaction that occurred on Wednesday, June 29th. The stock was sold at an average price of $7.56, for a total transaction of $68,062.68. Following the completion of the sale, the chief executive officer now directly owns 524,991 shares of the company’s stock, valued at approximately $3,968,931.96. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Edmond Coletta sold 6,491 shares of the company’s stock in a transaction that occurred on Wednesday, June 29th. The shares were sold at an average price of $7.56, for a total value of $49,071.96. Following the sale, the chief financial officer now directly owns 164,538 shares of the company’s stock, valued at $1,243,907.28. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in Casella Waste Systems stock. EAM Investors LLC increased its stake in shares of Casella Waste Systems Inc. (NASDAQ:CWST) by 0.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 278,339 shares of the company’s stock after buying an additional 1,094 shares during the period. EAM Investors LLC owned approximately 0.68% of Casella Waste Systems worth $1,664,000 at the end of the most recent quarter.

Casella Waste Systems, Inc is a solid waste services company. The Company provides resource management services to residential, commercial, municipal and industrial customers, in the areas of solid waste collection and disposal, transfer, recycling and organics services. Its segments include its two regional segments, Eastern and Western regions, which provide a range of solid waste services; Recycling, which offers recycling operations and its commodity brokerage operations, and Other, including organic services, ancillary operations and industrial services.

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