Casella Waste Systems (CWST) Stock Overview
Operates as a vertically integrated solid waste services company in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
CWST Community Fair Values
Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Casella Waste Systems, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$87.41 |
| 52 Week High | US$118.91 |
| 52 Week Low | US$74.05 |
| Beta | 0.77 |
| 1 Month Change | 9.89% |
| 3 Month Change | -13.69% |
| 1 Year Change | -23.76% |
| 3 Year Change | -6.07% |
| 5 Year Change | 30.25% |
| Change since IPO | 292.85% |
Recent News & Updates
Narrative Update • May 15
CWST: Landfill Positioning And 2026 Guidance Will Drive Future Upside
Analysts have trimmed their fair value estimate for Casella Waste Systems slightly to $112.0 from $112.8, reflecting updated assumptions around growth, margins and forward P/E after a mix of target cuts and one upgrade across recent research reports. Analyst Commentary Recent research shows a mix of target cuts and one upgrade, with analysts recalibrating their views around Casella Waste Systems' valuation, execution and growth profile rather than making wholesale changes to their broader stance on the stock.Seeking Alpha • May 02
Casella Waste Systems Deserves A Bullish Outlook After A Nice Increase In Guidance
Summary Casella Waste Systems delivered strong Q1 FY2026 results, with revenue up 9.6% to $457.3 million and adjusted EPS beating expectations. Management raised FY2026 guidance: revenue is now $2.06–$2.08 billion and EBITDA is $473–$483 million, reflecting robust acquisition-driven growth. Acquisitions remain a key driver, with $150 million in annualized revenue added so far in 2026, including the significant Star Waste Systems purchase. I maintain a soft ‘buy’ rating on CWST, citing stable growth, resilient cash flows, and reasonable valuation versus peers. Read the full article on Seeking AlphaRecent updates
Narrative Update • May 15
CWST: Landfill Positioning And 2026 Guidance Will Drive Future Upside
Analysts have trimmed their fair value estimate for Casella Waste Systems slightly to $112.0 from $112.8, reflecting updated assumptions around growth, margins and forward P/E after a mix of target cuts and one upgrade across recent research reports. Analyst Commentary Recent research shows a mix of target cuts and one upgrade, with analysts recalibrating their views around Casella Waste Systems' valuation, execution and growth profile rather than making wholesale changes to their broader stance on the stock.Seeking Alpha • May 02
Casella Waste Systems Deserves A Bullish Outlook After A Nice Increase In Guidance
Summary Casella Waste Systems delivered strong Q1 FY2026 results, with revenue up 9.6% to $457.3 million and adjusted EPS beating expectations. Management raised FY2026 guidance: revenue is now $2.06–$2.08 billion and EBITDA is $473–$483 million, reflecting robust acquisition-driven growth. Acquisitions remain a key driver, with $150 million in annualized revenue added so far in 2026, including the significant Star Waste Systems purchase. I maintain a soft ‘buy’ rating on CWST, citing stable growth, resilient cash flows, and reasonable valuation versus peers. Read the full article on Seeking AlphaNarrative Update • Apr 24
CWST: Landfill Execution And 2026 Guidance Will Support Upside Potential
The updated analyst price target for Casella Waste Systems edges down by about $1 to $112.80, as analysts align their models with recent Street target revisions while still highlighting the company’s landfill positioning and operational improvements as key drivers in their underlying assumptions. Analyst Commentary Recent Street research around Casella Waste Systems points to a mixed but generally constructive view, with most analysts lowering their price targets while still seeing room for execution on landfill assets and operations to support the investment case.Narrative Update • Apr 10
CWST: Landfill Footprint And Operational Improvements Will Underpin 2026 Upside Potential
Casella Waste Systems' refreshed analyst price target holds steady at $113.50, as analysts fine tune assumptions on discount rates and margins while pointing to updated peer price targets between about $101 and $130 and to ongoing potential for operational improvement. Analyst Commentary Recent Street research on Casella Waste Systems shows a mix of optimism about the company’s long term execution and some caution reflected in lower price targets, even as ratings generally remain supportive.Narrative Update • Mar 27
CWST: Mid Atlantic Integration And Landfill Footprint Are Set To Unlock 2026 Tailwind
Casella Waste Systems' updated analyst price target has shifted toward a tighter range around $101 to $130, as analysts factor in slightly higher discount rates, a higher projected profit margin, and a lower future P/E multiple following recent research updates across major firms. Analyst Commentary Recent research updates cluster Casella Waste Systems' fair value views between roughly $101 and $130, with price target revisions reflecting mixed opinions on execution, integration progress, and margin potential.Narrative Update • Mar 11
CWST: Mid Atlantic Integration Progress May Turn 2026 Setup Into Tailwind
Analysts have trimmed their average price targets on Casella Waste Systems by single digits to a range of about $101 to $130, reflecting updated models after recent results. The revised targets still point to ongoing operational improvements, integration progress, and potential margin opportunities.Narrative Update • Feb 23
CWST: Mid Atlantic Integration Progress And Index Adds May Support 2026 Margins
Analysts have modestly trimmed their average price target on Casella Waste Systems to about $115 per share, citing updated models that reflect slightly lower growth assumptions, improved margin expectations, and ongoing operational progress. Analyst Commentary Recent research updates on Casella Waste Systems present a mixed picture, with most firms adjusting price targets while refining their views on execution, integration progress, and long term growth potential.Narrative Update • Feb 08
CWST: Mid Atlantic Integration Progress And Index Additions May Support 2026 Margins
Analysts have nudged their price expectations for Casella Waste Systems higher, with the updated average target moving from about $114.70 to roughly $115.33. They cite improving integration in the Mid-Atlantic region, as well as potential synergies, pricing power, and margin expansion as key supports for the new view.Narrative Update • Jan 24
CWST: Mid Atlantic Integration Tailwinds And Index Additions Will Shape 2026 Margins
Our analyst price target for Casella Waste Systems has been raised to $120, up from $114.70. Analysts point to easing Mid-Atlantic integration headwinds and potential synergies in fleet, labor, and systems that could support pricing power and margin improvement into 2026.Narrative Update • Jan 10
CWST: Mid Atlantic Integration Tailwinds Will Support Margin Expansion Through 2026
Our analyst fair value estimate for Casella Waste Systems has moved from US$112.70 to US$114.70, reflecting analysts’ higher Street targets and their view that easing Mid-Atlantic integration headwinds and potential synergies, along with pricing power and margin expansion into 2026, support a modestly stronger outlook. Analyst Commentary Bullish Takeaways Bullish analysts are lifting price targets into a US$95 to US$120 range, suggesting they see the current share price as not fully reflecting their updated outlook.Narrative Update • Dec 14
CWST: Easing Integration Progress Will Drive Free Cash Flow Compounding Through 2026
Analysts have nudged their price target on Casella Waste Systems slightly higher to approximately $113 per share from about $112.78, citing easing integration headwinds, a constructive 2026 growth outlook, and confidence in the company’s long runway for inorganic expansion and free cash flow compounding. Analyst Commentary Recent Street research on Casella Waste Systems reflects a more balanced, but still constructive, view as analysts reassess both the company’s growth runway and its execution risks.Narrative Update • Nov 28
CWST: Easing Integration Headwinds Will Support Free Cash Flow Leadership Through 2026
Casella Waste Systems' analyst price target rose from $88 to $95 per share as analysts point to easing integration headwinds and a more constructive multi-year outlook, despite ongoing execution risks. Analyst Commentary Recent Street research highlights a shift in sentiment toward Casella Waste Systems, with analysts weighing both the opportunities and challenges facing the company.Narrative Update • Nov 14
CWST: Free Cash Flow Compounding Will Drive Shares Higher Through 2026
Analysts have modestly lowered their price target for Casella Waste Systems from $115 to approximately $112.78 per share. They cite slightly slower revenue growth projections, improved profit margin estimates, and a more constructive outlook for 2026 as reasons for the adjustment.Analysis Article • Nov 05
Casella Waste Systems, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
It's been a good week for Casella Waste Systems, Inc. ( NASDAQ:CWST ) shareholders, because the company has just...Narrative Update • Oct 31
CWST: Inorganic Expansion Will Drive Long-Term Compounding Despite Short-Term Challenges
Analysts have modestly lowered their fair value estimate for Casella Waste Systems from $116.68 to $115.00 per share. This adjustment reflects mixed sector sentiment and tempered expectations for the company's growth trajectory, even as industry optimism continues.Analysis Article • Oct 20
What Does Casella Waste Systems, Inc.'s (NASDAQ:CWST) Share Price Indicate?
Casella Waste Systems, Inc. ( NASDAQ:CWST ), might not be a large cap stock, but it saw significant share price...Narrative Update • Oct 16
Northeast And Mid-Atlantic Trends Will Reshape Waste Management
Analysts have slightly lowered their price target for Casella Waste Systems from $118.51 to $116.68 as the company's updated profit forecasts, margin estimates, and sector evaluations point to a modestly more cautious outlook. Analyst Commentary Recent analyst coverage reflects a mix of optimism and caution regarding Casella Waste Systems, centered on the company's growth trajectory, sector dynamics, and execution risks.Narrative Update • Sep 19
Northeast And Mid-Atlantic Trends Will Reshape Waste Management
Casella Waste Systems’ consensus price target has been revised downward as analysts highlight operational challenges tied to its geographic expansion and sector-specific headwinds, resulting in a new fair value of $118.51. Analyst Commentary Bearish analysts point to “growing pains” related to Casella Waste's geographic expansion, which may be underestimated by consensus.Analysis Article • Sep 15
Casella Waste Systems, Inc.'s (NASDAQ:CWST) Price In Tune With Revenues
When close to half the companies in the Commercial Services industry in the United States have price-to-sales ratios...Analysis Article • Aug 25
Is Casella Waste Systems (NASDAQ:CWST) Using Too Much Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Seeking Alpha • Dec 18
Casella Waste Systems: Not Trash, But Not Treasure Either
Summary Casella Waste Systems shows growth potential through acquisitions and operational improvements but faces valuation concerns, trading above historical and peer multiples. Q3'24 results missed expectations, with revenue growth driven by acquisitions and organic expansion, but lower landfill volumes and insurance events impacted margins. The company maintains a bullish outlook on acquisitions and operational productivity, expecting EBITDA margin expansion into 2025 despite ongoing volume challenges. High leverage and integration risks, along with persistent volume declines in landfill materials, are potential risks to Casella's investment thesis. Above all, Casella's valuation at 18x forward EV/EBITDA doesn't offer compelling value. Read the full article on Seeking AlphaSeeking Alpha • Nov 24
Casella Waste Systems: Is It Time To Take Out The Trash?
Summary Casella Waste Systems has seen strong growth through strategic acquisitions and organic expansion, but its high valuation multiples raise concerns. Despite increasing revenues and dealmaking activities, falling free cash flows and adjusted earnings per share make me cautious about the stock. The company's recession-resilient business model and integrated waste solutions are appealing, yet traditional financial metrics suggest caution. Read the full article on Seeking AlphaSeeking Alpha • Sep 18
Casella Waste Systems Dives On Its Big Capital Raise (Rating Upgrade)
Summary Casella Waste Systems, Inc.'s stock dropped over 5% due to a sizable new share offering to fund acquisitions and reduce debt, causing market displeasure over dilution. Despite the market's reaction, I view the share issuance positively, as it allows for accretive acquisitions and debt reduction, upgrading my rating to 'hold'. The acquisition of Royal Carting and Welsh Sanitation aims to boost revenue and expand service territory, with the purchase price estimated by the author at $243.4 million. Casella's growth is driven by acquisitions, with 2024 revenue expected to grow materially to between $1.52 and $1.55 billion. Read the full article on Seeking Alpha
New Narrative • Aug 28
Expanding Market Reach And Optimizing Operations To Spur Growth Across Waste Services Sector
Strategic acquisitions and investments in fleet enhancements are set to boost market reach and operational efficiency, favoring revenue and margin growth.Shareholder Returns
| CWST | US Commercial Services | US Market | |
|---|---|---|---|
| 7D | 3.7% | 2.3% | -0.3% |
| 1Y | -23.8% | -15.7% | 26.7% |
Return vs Industry: CWST underperformed the US Commercial Services industry which returned -15.9% over the past year.
Return vs Market: CWST underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| CWST volatility | |
|---|---|
| CWST Average Weekly Movement | 6.6% |
| Commercial Services Industry Average Movement | 7.5% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: CWST has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: CWST's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1975 | 5,600 | Ned Coletta | www.casella.com |
Casella Waste Systems, Inc., together with its subsidiaries, operates as a vertically integrated solid waste services company in the United States. The company offers resource management expertise and services primarily in the areas of solid waste collection and disposal, transfer, recycling and organics services to residential, commercial, municipal, institutional, and industrial customers. It also provides non-hazardous solid waste services, including collections, transfer stations, recycling, and disposal operations.
Casella Waste Systems, Inc. Fundamentals Summary
| CWST fundamental statistics | |
|---|---|
| Market cap | US$5.52b |
| Earnings (TTM) | US$7.14m |
| Revenue (TTM) | US$1.88b |
778.5x
P/E Ratio3.0x
P/S RatioIs CWST overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CWST income statement (TTM) | |
|---|---|
| Revenue | US$1.88b |
| Cost of Revenue | US$1.25b |
| Gross Profit | US$631.99m |
| Other Expenses | US$624.85m |
| Earnings | US$7.14m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.11 |
| Gross Margin | 33.67% |
| Net Profit Margin | 0.38% |
| Debt/Equity Ratio | 68.0% |
How did CWST perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/20 05:55 |
| End of Day Share Price | 2026/05/20 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Casella Waste Systems, Inc. is covered by 21 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Grippin | Barclays |
| Samuel England | Berenberg |
| Michael Feniger | BofA Global Research |