Announcement • Jul 01
Casella Waste Systems, Inc. Announces Management Changes Casella Waste Systems, Inc. announced that Damian Ribar would join its executive leadership team as Executive Vice President and Chief Operating Officer, effective July 20, 2026. As Executive Vice President and Chief Operating Officer, Mr. Ribar would oversee the Company's operations and partner with the executive leadership team to execute Casella's long-term growth strategy. Mr. Ribar has more than 30 years of solid waste industry experience. He has excelled throughout his career in driving operational execution, developing high-performing teams, effectively developing and executing financial plans, and successfully integrating acquisitions. Prior to joining Casella, Mr. Ribar served as Division Vice President of North Florida at Waste Connections, Inc., where he was responsible for operations across more than 30 operating locations. During his tenure he served in a variety of leadership roles. Earlier in his career, Mr. Ribar served as Area Manager for Progressive Waste Solutions, where he managed collection, disposal, and recycling operations. In addition, he previously served as Vice President and Operations Controller at Waste Services, Inc. as well as Chief Accounting Officer and Corporate Controller at Regus Industries, LLC, and Region Controller at Waste Management, Inc. Throughout his career, he has successfully led the integration of acquired businesses while building strong operating teams and driving sustainable performance across diverse markets. Mr. Ribar holds a Bachelor of Science degree in Accounting, with a Minor in Finance and Economics, from The University of Pittsburgh at Johnstown. Casella Waste Systems, Inc. also announced the promotion of Shelley Sayward from Senior Vice President and General Counsel to Executive Vice President and General Counsel. Since joining Casella in 2008, Ms. Sayward has played an integral role in the Company’s growth and has served as Senior Vice President and General Counsel since January 2021. In her role, she oversees the Company's legal and governmental affairs, engineering, permitting and compliance, risk management, and related strategic initiatives. Live News • May 30
Casella Waste Systems Delivers Double-Digit Growth While Operating Margin Faces Continued Pressure Casella Waste Systems reported its fifth consecutive year of double-digit growth in revenue, earnings, and free cash flow in Q1 2026, with revenue slightly ahead of analyst expectations by 0.5%.
The stock rose 6.4% after the earnings release, although it has declined over the past six months and trailed the broader market over that period.
Management is working through muted volume growth, a leadership transition, integration issues from a recent acquisition, and a multi-year decrease in operating margin driven by rising costs and pressure on profitability.
The key tension here is that the company is delivering strong top-line and cash flow growth while facing clear execution and cost challenges that are weighing on margins and recent share performance.
For investors, the trade-off to monitor is whether management can address integration issues and margin pressure in a way that sustains confidence in the growth narrative without adding further operational risk. Recent Insider Transactions Derivative • May 20
President notifies of intention to sell stock Edmond Coletta intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 19th of May. If the sale is conducted around the recent share price of US$89.21, it would amount to US$677k. For the year to December 2019, Edmond's total compensation was 22% salary and 78% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2025, Edmond's direct individual holding has increased from 134.87k shares to 142.46k. Company insiders have collectively sold US$2.6m more than they bought, via options and on-market transactions in the last 12 months. Major Estimate Revision • May 08
Consensus EPS estimates fall by 45% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from US$0.282 to US$0.154 per share. Revenue forecast steady at US$2.07b. Net income forecast to grow 169% next year vs 18% growth forecast for Commercial Services industry in the US. Consensus price target broadly unchanged at US$112. Share price rose 7.8% to US$85.45 over the past week. Announcement • May 03
Casella Waste Systems, Inc. Revises Earnings Guidance for Fiscal Year Ending December 31, 2026 Casella Waste Systems, Inc. revised earnings guidance for fiscal year ending December 31, 2026. For the period, the company expects Revenues between $2.060 billion and $2.080 billion (raised from a range of $1.970 billion to $1.990 billion) and Net income between $4 and $10 million (lowered from a range of $16 million to $22 million). Raised 2026 guidance for revenues. Reported Earnings • May 01
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: US$0.087 loss per share (further deteriorated from US$0.076 loss in 1Q 2025). Revenue: US$457.3m (up 9.6% from 1Q 2025). Net loss: US$5.54m (loss widened 15% from 1Q 2025). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 142%. Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Announcement • Apr 21
Casella Waste Systems, Inc., Annual General Meeting, Jun 04, 2026 Casella Waste Systems, Inc., Annual General Meeting, Jun 04, 2026. Buy Or Sell Opportunity • Apr 20
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to US$79.54. The fair value is estimated to be US$99.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 69%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 455% in the next 2 years. Major Estimate Revision • Apr 13
Consensus EPS estimates increase by 29% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from US$0.22 to US$0.283. Revenue forecast steady at US$2.06b. Net income forecast to grow 130% next year vs 19% growth forecast for Commercial Services industry in the US. Consensus price target of US$114 unchanged from last update. Share price was steady at US$84.89 over the past week. Announcement • Apr 08
Casella Waste Systems, Inc. to Report Q1, 2026 Results on Apr 30, 2026 Casella Waste Systems, Inc. announced that they will report Q1, 2026 results After-Market on Apr 30, 2026 Announcement • Apr 03
Casella Waste Systems, Inc. (NasdaqGS:CWST) acquired Star Waste Systems, LLC. Casella Waste Systems, Inc. (NasdaqGS:CWST) acquired Star Waste Systems, LLC on April 1, 2026. The deal was funded through a combination of cash on hand and debt from the company's revolving credit facility. The acquired business includes three solid waste collection locations and a construction and demolition (C&D) processing and transfer station. The acquisition is expected to contribute approximately $100 million in annualized revenue.
Casella Waste Systems, Inc. (NasdaqGS:CWST) completed the acquisition of Star Waste Systems, LLC on April 1, 2026. Buy Or Sell Opportunity • Mar 20
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to US$77.71. The fair value is estimated to be US$101, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 69%. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings are also forecast to grow by 56% per annum over the same time period. Announcement • Mar 17
Casella Waste Systems, Inc. Appoints Christopher A. Rains as Senior Vice President and Chief Revenue Officer Casella Waste Systems, Inc. announced that Christopher A. Rains has joined its executive leadership team as Senior Vice President and Chief Revenue Officer (CRO). Mr. Rains brings more than two decades of senior commercial, operational, and customer-focused leadership experience across Fortune 300, private equity-backed, and founder-led organizations. He has a proven track record of driving profitable revenue growth, building high-performing teams, and leading complex organizational transformations. Prior to joining Casella, Mr. Rains served as Chief Commercial Officer and Head of Sales Excellence at Hidden Harbor Capital Partners, where he led revenue growth initiatives across more than 20 portfolio companies and implemented scalable sales processes to enhance commercial performance. Mr. Rains previously served as Chief Operating Officer of Keter Environmental Services, where he oversaw a $650 million operating platform and more than 450 employees, leading initiatives to scale operations and improve profitability. Earlier in his career, Mr. Rains served as Vice President of Sales at United States Steel Corporation, where he was responsible for commercial strategy, business development, and sales operations. Prior to U.S. Steel, he spent more than 20 years at Republic Services, Inc., holding several senior leadership roles including Vice President of Customer Experience, Area President, and Region Vice President of Sales, where he led large operating regions and enterprise customer experience initiatives across the company’s national platform. Mr. Rains holds a Bachelor of Science degree in Marketing from Delta State University and is a Lean Six Sigma Black Belt certified through Villanova University. Recent Insider Transactions Derivative • Mar 01
Executive Chairman notifies of intention to sell stock John Casella intends to sell 7k shares in the next 90 days after lodging an Intent To Sell Form on the 27th of February. If the sale is conducted around the recent share price of US$93.35, it would amount to US$644k. Since March 2025, John's direct individual holding has decreased from 512.89k shares to 494.79k. Company insiders have collectively sold US$8.0m more than they bought, via options and on-market transactions in the last 12 months. Major Estimate Revision • Feb 27
Consensus EPS estimates fall by 38% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from US$0.665 to US$0.413 per share. Revenue forecast steady at US$1.98b. Net income forecast to grow 211% next year vs 20% growth forecast for Commercial Services industry in the US. Consensus price target broadly unchanged at US$115. Share price fell 9.0% to US$92.13 over the past week. Reported Earnings • Feb 20
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: US$0.12 (down from US$0.23 in FY 2024). Revenue: US$1.84b (up 18% from FY 2024). Net income: US$7.87m (down 42% from FY 2024). Profit margin: 0.4% (down from 0.9% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 37%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. New Risk • Feb 20
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.4% Last year net profit margin: 0.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Significant insider selling over the past 3 months (US$700k sold). Announcement • Feb 20
Casella Waste Systems, Inc. Provides Earnings Guidance for Fiscal Year Ending December 21, 2026 Casella Waste Systems, Inc. provided earnings guidance for fiscal year ending December 21, 2026. For the period, the company expects Revenues between $1.970 billion and $1.990 billion and Net income between $16 million and $22 million. Announcement • Jan 28
Casella Waste Systems, Inc. to Report Q4, 2025 Results on Feb 19, 2026 Casella Waste Systems, Inc. announced that they will report Q4, 2025 results After-Market on Feb 19, 2026 Buy Or Sell Opportunity • Jan 06
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to US$103. The fair value is estimated to be US$84.96, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 66%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 269% in the next 2 years. Recent Insider Transactions • Dec 11
President recently sold US$700k worth of stock On the 8th of December, Edmond Coletta sold around 7k shares on-market at roughly US$100 per share. This transaction amounted to 4.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Edmond has been a net seller over the last 12 months, reducing personal holdings by US$2.6m. New Risk • Dec 10
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$123k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$123k sold). Recent Insider Transactions Derivative • Dec 10
President notifies of intention to sell stock Edmond Coletta intends to sell 7k shares in the next 90 days after lodging an Intent To Sell Form on the 8th of December. If the sale is conducted around the recent share price of US$99.22, it would amount to US$695k. Since March 2025, Edmond's direct individual holding has decreased from 149.43k shares to 143.87k. Company insiders have collectively sold US$7.5m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Nov 02
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: US$0.16 (up from US$0.098 in 3Q 2024). Revenue: US$485.4m (up 18% from 3Q 2024). Net income: US$9.98m (up 73% from 3Q 2024). Profit margin: 2.1% (up from 1.4% in 3Q 2024). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 5.5%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Oct 31
Now 26% overvalued Over the last 90 days, the stock has fallen 14% to US$88.62. The fair value is estimated to be US$70.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 62%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 372% in the next 2 years. Announcement • Oct 31
Casella Waste Systems, Inc. Reaffirms Earnings Guidance for Fiscal Year Ending December 31, 2025 Casella Waste Systems, Inc. updated earnings guidance for fiscal year ending December 31, 2025. The Company updated guidance for the fiscal year ending December 31, 2025 by estimating Revenues between $1.830 billion and $1.840 billion (raised the lower end from $1.820 billion to $1.830 billion); and reaffirmed guidance for fiscal year 2025 by estimating Net income between $8 million and $18 million. Announcement • Oct 14
Casella Waste Systems, Inc. to Report Q3, 2025 Results on Oct 30, 2025 Casella Waste Systems, Inc. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025 Major Estimate Revision • Aug 07
Consensus EPS estimates fall by 37%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$1.81b to US$1.84b. EPS estimate fell from US$0.321 to US$0.201 per share. Net income forecast to grow 159% next year vs 22% growth forecast for Commercial Services industry in the US. Consensus price target down from US$126 to US$123. Share price fell 8.6% to US$99.35 over the past week. Reported Earnings • Aug 01
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: EPS: US$0.082 (down from US$0.12 in 2Q 2024). Revenue: US$465.3m (up 23% from 2Q 2024). Net income: US$5.21m (down 26% from 2Q 2024). Profit margin: 1.1% (down from 1.9% in 2Q 2024). Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 40%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Aug 01
Casella Waste Systems, Inc. Revises Earnings Guidance for the Year Ending December 31, 2025 Casella Waste Systems, Inc. revised earnings guidance for the year ending December 31, 2025. For the year company expects Revenues between $1.820 billion and $1.840 billion (raised from a range of $1.775 billion to $1.805 billion); Net income between $8 million and $18 million (revised from a range of $10 million to $25 million). Buy Or Sell Opportunity • Jul 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.8% to US$108. The fair value is estimated to be US$135, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 52%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 375% in the next 2 years. Announcement • Jul 15
Casella Waste Systems, Inc. to Report Q2, 2025 Results on Jul 31, 2025 Casella Waste Systems, Inc. announced that they will report Q2, 2025 results After-Market on Jul 31, 2025 Recent Insider Transactions • May 09
President recently sold US$663k worth of stock On the 6th of May, Edmond Coletta sold around 6k shares on-market at roughly US$119 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.5m. Edmond has been a net seller over the last 12 months, reducing personal holdings by US$3.9m. Recent Insider Transactions Derivative • May 08
President notifies of intention to sell stock Edmond Coletta intends to sell 6k shares in the next 90 days after lodging an Intent To Sell Form on the 6th of May. If the sale is conducted around the recent share price of US$119, it would amount to US$663k. Since December 2024, Edmond's direct individual holding has increased from 143.87k shares to 149.43k. Company insiders have collectively sold US$15m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • May 02
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: US$0.076 loss per share (further deteriorated from US$0.071 loss in 1Q 2024). Revenue: US$417.1m (up 22% from 1Q 2024). Net loss: US$4.81m (loss widened 17% from 1Q 2024). Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 30%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • May 02
Casella Waste Systems, Inc. Reaffirms Earnings Guidance for the Fiscal Year Ending December 31, 2025 Casella Waste Systems, Inc. reaffirmed earnings guidance for the fiscal year ending December 31, 2025. For the year, the company expects Revenues between $1.775 billion and $1.805 billion, and Net income between $10 million and $25 million. Announcement • Apr 21
Casella Waste Systems, Inc., Annual General Meeting, Jun 05, 2025 Casella Waste Systems, Inc., Annual General Meeting, Jun 05, 2025. Major Estimate Revision • Apr 13
Consensus EPS estimates increase by 13% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$0.502 to US$0.568. Revenue forecast steady at US$1.79b. Net income forecast to grow 100% next year vs 21% growth forecast for Commercial Services industry in the US. Consensus price target broadly unchanged at US$117. Share price rose 6.0% to US$115 over the past week. Announcement • Apr 10
Casella Waste Systems, Inc. to Report Q1, 2025 Results on May 01, 2025 Casella Waste Systems, Inc. announced that they will report Q1, 2025 results After-Market on May 01, 2025 Recent Insider Transactions • Mar 17
President recently sold US$661k worth of stock On the 13th of March, Edmond Coletta sold around 6k shares on-market at roughly US$105 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.5m. Edmond has been a net seller over the last 12 months, reducing personal holdings by US$3.3m. Recent Insider Transactions Derivative • Mar 14
President notifies of intention to sell stock Edmond Coletta intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 13th of March. If the sale is conducted around the recent share price of US$105, it would amount to US$525k. Since March 2024, Edmond's direct individual holding has decreased from 164.87k shares to 153.22k. Company insiders have collectively sold US$14m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Mar 05
Chairman recently sold US$1.5m worth of stock On the 3rd of March, John Casella sold around 14k shares on-market at roughly US$114 per share. This transaction amounted to 46% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. John has been a net seller over the last 12 months, reducing personal holdings by US$4.2m. Recent Insider Transactions Derivative • Mar 04
Chairman notifies of intention to sell stock John Casella intends to sell 14k shares in the next 90 days after lodging an Intent To Sell Form on the 3rd of March. If the sale is conducted around the recent share price of US$114, it would amount to US$1.5m. For the year to December 2018, John's total compensation was 21% salary and 79% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, John's direct individual holding has decreased from 518.30k shares to 494.79k. Company insiders have collectively sold US$12m more than they bought, via options and on-market transactions in the last 12 months. Major Estimate Revision • Feb 19
Consensus EPS estimates fall by 59%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$1.73b to US$1.79b. EPS estimate fell from US$0.924 to US$0.38 per share. Net income forecast to grow 68% next year vs 24% growth forecast for Commercial Services industry in the US. Consensus price target broadly unchanged at US$117. Share price rose 8.6% to US$116 over the past week. Reported Earnings • Feb 13
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: US$0.23 (down from US$0.46 in FY 2023). Revenue: US$1.56b (up 23% from FY 2023). Net income: US$13.5m (down 47% from FY 2023). Profit margin: 0.9% (down from 2.0% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.1%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Feb 13
Casella Waste Systems, Inc. Provides Earnings Guidance for the Fiscal Year Ending December 31, 2025 Casella Waste Systems, Inc. provided earnings guidance for the fiscal year ending December 31, 2025. For the year, the company expects revenues between $1.775 billion and $1.805 billion and net income between $10 million and $25 million. Announcement • Feb 06
Casella Waste Systems, Inc. (NasdaqGS:CWST) acquired Save That Stuff, Inc. Casella Waste Systems, Inc. (NasdaqGS:CWST) acquired Save That Stuff, Inc on February 3, 2025. Erik Levy and his team have joined the company as part of the transaction.
Casella Waste Systems, Inc. (NasdaqGS:CWST) completed the acquisition of Save That Stuff, Inc on February 3, 2025. Announcement • Jan 21
Casella Waste Systems, Inc. to Report Q4, 2024 Results on Feb 12, 2025 Casella Waste Systems, Inc. announced that they will report Q4, 2024 results After-Market on Feb 12, 2025 Recent Insider Transactions • Nov 27
Vice Chairman recently sold US$2.2m worth of stock On the 22nd of November, Douglas Casella sold around 20k shares on-market at roughly US$112 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$2.4m. Douglas has been a net seller over the last 12 months, reducing personal holdings by US$2.3m. Recent Insider Transactions Derivative • Nov 15
Chairman notifies of intention to sell stock John Casella intends to sell 28k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of November. If the sale is conducted around the recent share price of US$108, it would amount to US$3.0m. For the year to December 2017, John's total compensation was 21% salary and 79% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, John's direct individual holding has decreased from 518.30k shares to 494.79k. Company insiders have collectively sold US$9.2m more than they bought, via options and on-market transactions in the last 12 months. Major Estimate Revision • Nov 07
Consensus EPS estimates fall by 31% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.36 to US$0.249 per share. Revenue forecast steady at US$1.55b. Net income forecast to grow 552% next year vs 27% growth forecast for Commercial Services industry in the US. Consensus price target broadly unchanged at US$114. Share price rose 8.8% to US$107 over the past week. Recent Insider Transactions • Nov 06
President recently sold US$2.0m worth of stock On the 4th of November, Edmond Coletta sold around 20k shares on-market at roughly US$100 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Edmond has been a net seller over the last 12 months, reducing personal holdings by US$2.9m. Buy Or Sell Opportunity • Nov 03
Now 21% overvalued Over the last 90 days, the stock has fallen 2.4% to US$99.34. The fair value is estimated to be US$82.38, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 48%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 983% in the next 2 years. Reported Earnings • Nov 01
Third quarter 2024 earnings: EPS misses analyst expectations Third quarter 2024 results: EPS: US$0.098 (down from US$0.31 in 3Q 2023). Revenue: US$411.6m (up 17% from 3Q 2023). Net income: US$5.77m (down 68% from 3Q 2023). Profit margin: 1.4% (down from 5.2% in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 57%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Oct 31
Casella Waste Systems, Inc. Revises Earnings Guidance for the Fiscal Year Ending December 31, 2024 Casella Waste Systems, Inc. revised earnings guidance for the fiscal year ending December 31, 2024. For the year, the company expects revenues between $1.520 billion and $1.550 billion. Net income between $10 million and $20 million (lowered from a range of $15 million and $25 million). Buy Or Sell Opportunity • Oct 15
Now 21% overvalued Over the last 90 days, the stock has fallen 2.7% to US$104. The fair value is estimated to be US$85.88, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 46%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 245% in the next 2 years. Announcement • Oct 15
Casella Waste Systems, Inc. to Report Q3, 2024 Results on Oct 30, 2024 Casella Waste Systems, Inc. announced that they will report Q3, 2024 results After-Market on Oct 30, 2024 Major Estimate Revision • Sep 19
Consensus EPS estimates fall by 17% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.433 to US$0.36 per share. Revenue forecast steady at US$1.54b. Net income forecast to grow 106% next year vs 32% growth forecast for Commercial Services industry in the US. Consensus price target of US$116 unchanged from last update. Share price fell 4.9% to US$101 over the past week. Announcement • Sep 19
Casella Waste Systems, Inc. has completed a Follow-on Equity Offering in the amount of $450 million. Casella Waste Systems, Inc. has completed a Follow-on Equity Offering in the amount of $450 million.
Security Name: Class A Common Stock
Security Type: Common Stock
Securities Offered: 4,500,000
Price\Range: $100
Discount Per Security: $4 Announcement • Sep 18
Casella Waste Systems, Inc. has filed a Follow-on Equity Offering in the amount of $400 million. Casella Waste Systems, Inc. has filed a Follow-on Equity Offering in the amount of $400 million.
Security Name: Class A Common Stock
Security Type: Common Stock 