Casella Waste Systems Inc. (CWST) CEO John W. Casella Sells 19,571 Shares
Casella Waste Systems Inc. (NASDAQ:CWST) CEO John W. Casella sold 19,571 shares of the firm’s stock in a transaction dated Thursday, March 1st. The shares were sold at an average price of $26.49, for a total transaction of $518,435.79. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Casella Waste Systems Inc. (CWST) opened at $24.87 on Friday. Casella Waste Systems Inc. has a one year low of $12.25 and a one year high of $27.38. The firm has a market cap of $1,045.61, a P/E ratio of 37.12 and a beta of 0.79. The company has a debt-to-equity ratio of -7.91, a quick ratio of 0.91 and a current ratio of 0.98.
Casella Waste Systems (NASDAQ:CWST) last released its quarterly earnings data on Thursday, March 1st. The industrial products company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.01). Casella Waste Systems had a negative return on equity of 54.47% and a negative net margin of 3.64%. The firm had revenue of $151.20 million for the quarter, compared to the consensus estimate of $145.30 million. During the same period in the previous year, the business earned $0.05 EPS. The firm’s revenue was up 5.2% compared to the same quarter last year. analysts forecast that Casella Waste Systems Inc. will post 0.75 earnings per share for the current fiscal year.
Several research analysts have recently issued reports on CWST shares. Stifel Nicolaus reaffirmed a “hold” rating and issued a $22.00 target price on shares of Casella Waste Systems in a research note on Thursday, January 4th. Zacks Investment Research raised shares of Casella Waste Systems from a “sell” rating to a “hold” rating in a research note on Tuesday, January 9th. BidaskClub raised shares of Casella Waste Systems from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 29th. Finally, TheStreet raised shares of Casella Waste Systems from a “d” rating to a “c” rating in a research note on Thursday. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $23.25.
TRADEMARK VIOLATION NOTICE: “Casella Waste Systems Inc. (CWST) CEO John W. Casella Sells 19,571 Shares” was first posted by Daily Political and is owned by of Daily Political. If you are reading this article on another publication, it was illegally copied and reposted in violation of US & international copyright laws. The original version of this article can be viewed at https://www.dailypolitical.com/2018/03/04/casella-waste-systems-inc-cwst-ceo-john-w-casella-sells-19571-shares.html.
About Casella Waste Systems
Casella Waste Systems, Inc is a solid waste services company. The Company provides 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. It manages its solid waste operations on a geographic basis through two regional operating segments: Eastern and Western regions, each of which provides a range of solid waste services, and its recycling and commodity brokerage operations through its Recycling segment.
Receive News & Ratings for Casella Waste Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Casella Waste Systems and related companies with MarketBeat.com's FREE daily email newsletter.