Ultime notizie per Casella Waste Sys (NASDAQ:CWST) Azioni

Casella Waste Sys

Casella Waste Systems Inc is a solid waste removal company, providing resource management services to residential, commercial, municipal, and industrial customers. The company's reportable segments on Geographical basis include Eastern, Western and Mid-Atlantic regions through the Resource solution segment. It generates maximum revenue from the Western region segment. The company services include Recycling, Collection, Organics, Energy, Landfills, Special Waste as well as Professional Services.

Casella Waste Systems

Casella Waste Systems, Inc. - Class A Common Stock

Casella Waste Systems Inc

Casella Waste Sys's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NYSE">CWST</a>) short percent of float has fallen 18.77% since its last report. The company recently reported that it has 1.79 million shares sold short, which is 2.9% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.08 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Casella Waste Sys Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731086118_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Casella Waste Sys has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Casella Waste Sys's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Casella Waste Sys's peer group average for short interest as a percentage of float is 3.17%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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CWST

(CWST) - Analyzing Casella Waste Sys's Short Interest

John W Casella, Chief Executive Officer at Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>), disclosed an insider sell on November 6, according to a recent SEC filing.
What Happened: Casella's recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000911177/000091117724000096//Archives/edgar/data/911177/000091117724000096/0000911177-24-000096-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday unveiled the sale of 23,509 shares of Casella Waste Sys. The total transaction value is $2,369,563.
Casella Waste Sys's shares are actively trading at $106.91, experiencing a down of 0.0% during Thursday's morning session.
<h3>All You Need to Know About Casella Waste Sys</h3>
Casella Waste Systems Inc is a solid waste removal company, providing resource management services to residential, commercial, municipal, and industrial customers. The company's reportable segments on Geographical basis include Eastern, Western and Mid-Atlantic regions through the Resource solution segment. It generates maximum revenue from the Western region segment. The company services include Recycling, Collection, Organics, Energy, Landfills, Special Waste as well as Professional Services.
<h3>Casella Waste Sys's Economic Impact: An Analysis</h3>
Revenue Growth: Over the 3 months period, Casella Waste Sys showcased positive performance, achieving a revenue growth rate of 16.7% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: With a low gross margin of 35.11%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Casella Waste Sys's EPS reflects a decline, falling below the industry average with a current EPS of 0.1.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.76, Casella Waste Sys adopts a prudent financial strategy, indicating a balanced approach to debt management.
In-Depth Valuation Examination:
<ul>
<li>
Price to Earnings (P/E) Ratio: A higher-than-average P/E ratio of 971.91 suggests caution, as the stock may be overvalued in the eyes of investors.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 4.19 is above industry norms, reflecting an elevated valuation for Casella Waste Sys's stock and potential overvaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Casella Waste Sys's EV/EBITDA ratio stands at 24.52, surpassing industry benchmarks. This places the company in a position with a higher-than-average market valuation.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>Why Pay Attention to Insider Transactions</h3>
While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>The Insider's Guide to Important Transaction Codes</h3>
Navigating through the landscape of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000911177">Check Out The Full List Of Casella Waste Sys's Insider Trades.</a>
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Insider Trades

Casella Waste Sys Chief Executive Officer Trades Company's Stock

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Shares of commercial services and supplies companies are trading higher after Donald Trump won the 2024 presidential election.

Deutsche Bank analyst Faiza Alwy maintains Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) with a Hold and lowers the price target from $114 to $107.

Price Target

Analyst Ratings

Deutsche Bank Maintains Hold on Casella Waste Sys, Lowers Price Target to $107

Offerings

Casella Waste Systems Files For Mixed Shelf Offering Size Not Disclosed

Casella Waste Sys's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NYSE">CWST</a>) short percent of float has fallen 18.77% since its last report. The company recently reported that it has 1.79 million shares sold short, which is 2.9% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.08 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Casella Waste Sys Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730390420_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Casella Waste Sys has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Casella Waste Sys's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Casella Waste Sys's peer group average for short interest as a percentage of float is 3.37%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) affirms FY2024 sales outlook from $1.52 billion-1.55 billion to $1.52 billion-1.55 billion.

Guidance

Casella Waste Sys Affirms FY2024 Sales Guidance from $1.52B-1.55B to $1.52B-1.55B

Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) reported quarterly earnings of $0.27 per share which met the analyst consensus estimate. The company reported quarterly sales of $411.627 million which missed the analyst consensus estimate of $412.588 million by 0.23 percent. This is a 16.70 percent increase over sales of $352.735 million the same period last year.

Earnings

Earnings Misses

Casella Waste Sys Q3 2024 Adj. EPS $0.27, Inline, Sales $411.627M Miss $412.588M Estimate

CSCO

IONQ

NFLX

CNBC Halftime Report Final Trades: Cisco Systems, Casella Waste Systems, IonQ, Netflix

William Blair analyst Trevor Romeo initiates coverage on Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) with a Outperform rating.

Initiation

William Blair Initiates Coverage On Casella Waste Sys with Outperform Rating

Raymond James analyst Patrick Tyler Brown maintains Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) with a Strong Buy and raises the price target from $121 to $122.

Raymond James Maintains Strong Buy on Casella Waste Sys, Raises Price Target to $122

Casella Waste Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) shares are trading lower by 5.44% to $100.92 during Wednesday&#8217;s session after the company announced a $450 million public offering of 4.5 million shares at <a href="https://www.benzinga.com/pressreleases/24/09/g40916821/casella-waste-systems-announces-pricing-of-public-offering-of-4-500-000-shares-of-class-a-common-s">$100 per share</a>.
What Else: This offering will generate gross proceeds of approximately $450 million before accounting for underwriting discounts and offering-related expenses. 
Additionally, Casella has granted the underwriters a 30-day option to purchase up to an additional 675,000 shares at the same price, minus the underwriting discounts. All the shares involved in the offering are being sold by Casella itself.
The offering is expected to close on or around September 19, subject to the fulfillment of customary closing conditions. Casella plans to use the net proceeds from this offering to fund its previously announced acquisitions of Royal Carting and Welsh Sanitation. 
In addition to financing the acquisition, Casella intends to use a portion of the proceeds to repay borrowings under its revolving credit facility and for other general corporate purposes.
Read Also: <a href="https://www.benzinga.com/news/24/09/40919822/small-cap-sectors-brace-for-fed-rate-cut-financials-real-estate-etfs-offer-compelling-plays-for-inve">Small-Cap Sectors Brace For Fed Rate Cut: Financials, Real Estate ETFs Offer Compelling Plays For Investors</a>
<h2 class="wp-block-heading">How To Buy CWST Stock</h2>
By now you're likely curious about how to participate in the market for Casella Waste Systems &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.
In the the case of Casella Waste Systems, which is trading at $101.43 as of publishing time, $100 would buy you 0.99 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.

Why Casella Waste Systems (CWST) Stock Is Falling

Casella Waste Systems shares are trading lower after the company announced a $450 million public offering of 4.5 million shares at $100 per share.

U.S. stock futures were higher this morning, with the Dow futures gaining around 50 points on Wednesday.
Shares of Casella Waste Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) fell sharply in today's pre-market trading after the company announced a proposed public offering of <a href="https://widgets.benzinga.com/quote/CWST/news">Class A common stock</a>.
Casella Waste Systems shares fell 3.3% to $103.21 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
<ul>
<li>XCHG Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XCH#NASDAQ">XCH</a>) shares dipped 15.3% to $9.40 in pre-market trading after gaining 34% on Tuesday.</li>
<li>SES AI Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SES#NYSE">SES</a>) shares fell 6% to $0.9220 in pre-market trading. SES AI, on Tuesday, announced a collaboration with NVIDIA, Crusoe and Supermicro on AI for scientific initiative to accelerate material discovery in electric transportation.</li>
<li>Newegg Commerce, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEGG#NASDAQ">NEGG</a>) shares declined 4% to $0.83 in pre-market trading after jumping around 15% on Tuesday.</li>
<li>Corvus Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRVS#NASDAQ">CRVS</a>) shares fell 3.6% to $5.30 in pre-market trading after declining 5% on Tuesday. Ladenburg, on Monday, maintained a Buy rating on the stock and raised its price target from $12 to $21.</li>
<li>Medical Properties Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPW#NYSE">MPW</a>) shares fell 3.2% to $6.04 in pre-market trading.</li>
<li>Harmony Gold Mining Company Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMY#NYSE">HMY</a>) shares fell 2.9% to $9.79 in pre-market trading.</li>
<li>Sana Biotechnology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SANA#NASDAQ">SANA</a>) shares declined 2.6% to $4.19 in pre-market trading.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/24/09/40898216/cramer-hewlett-packard-is-a-very-inexpensive-stock-likes-this-big-tech-stock">Cramer: Hewlett Packard Is A &#8216;Very Inexpensive&#8217; Stock, Likes This Big Tech Stock</a></li>
</ul>

Pre-Market Outlook

Markets

Movers

CRVS

NEGG

SANA

Casella Waste Systems, SES AI And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Casella Waste Systems Prices Public Offering Of 4.5M Class A Common Stock Shares At $100 Per Share For $450M In Gross Proceeds, With Option For Additional 675K Shares

Casella also intends to grant the underwriters an option for a period of 30 days to purchase up to an additional&nbsp;15%&nbsp;of the shares of its Class A common stock sold in the public offering. All of the shares in the offering are to be sold by Casella.
Casella intends to use the net proceeds from the offering to finance its previously announced acquisition of Royal Carting and Welsh Sanitation, to repay borrowings under its revolving credit facility and for general corporate purposes.

Casella Waste Systems Commences Proposed Public Offering Of $400M Of Its Class A Common Stock

Casella Waste Systems To Acquire Royal Carting And Welsh Sanitation, Terms Not Disclosed; Acquisition Expected To Close In Q4 And Is Expected To Generate Over $90M In Annualized Revenue

Stifel analyst Brian Butler reiterates Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) with a Buy and raises the price target from $110 to $117.

Reiteration

Stifel Reiterates Buy on Casella Waste Sys, Raises Price Target to $117

Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) has outperformed the market over the past 10 years by 25.25% on an annualized basis producing an average annual return of 36.04%. Currently, Casella Waste Sys has a market capitalization of $5.94 billion. 
Buying $1000 In CWST: If an investor had bought $1000 of CWST stock 10 years ago, it would be worth $21,710.14 today based on a price of $102.29 for CWST at the time of writing.
<h3>Casella Waste Sys's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722628920_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 10 Years Ago Would Be Worth $22,000 Today

Casella Waste Systems Raises FY24 Revenue From $1.48B-$1.51B To $1.52B-$1.55B Vs $1.496B Est.

Powell Industries climbs to top industrial gainer of week, FedEx dips after earnings

Casella Waste ( ($CWST) ) has shared an update. Casella Waste Systems, Inc. has secured a $1.5 billion credit facility with Bank of America and oth...

Casella Waste Secures $1.5 Billion Credit for Strategic Growth

Conestoga Capital Advisors Q3 2024 Quarterly Commentary

Reports Q3 revenue $411.6M, consensus $412.59M. "We posted another solid quarter of execution against our growth strategies across our business," s...

Casella Waste reports Q3 adjusted EPS 27c, consensus 27c

The Company reaffirmed guidance for the fiscal year ending December 31, 2024 by estimating results in the following ranges: adjusted EBITDA between...

Casella Waste sees FY24 revenue $1.52B-$1.55B, consensus $1.54B

Casella Waste Systems Non-GAAP EPS of $0.27 misses by $0.01, revenue of $411.6M misses by $2.05M

Casella Waste Systems, Inc. (CWST) Q3 2024 Earnings Call Transcript

16:59 EDT Casella Waste (CWST) files automatic mixed securities shelf Published first on TheFly – the ultimate source for real-time, market-moving ...

Casella Waste files automatic mixed securities shelf

Casella Waste Systems files for automatic mixed securities shelf

Deutsche Bank lowered the firm's price target on Casella Waste (CWST) to $107 from $114 and keeps a Hold rating on the shares. The company reported...

Casella Waste price target lowered to $107 from $114 at Deutsche Bank

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Press Releases

General

Casella Recognizes 2024 Sustainability Leaders

Casella Waste Systems, Inc. to Acquire Royal Carting and Welsh Sanitation

Financing

Casella Waste Systems Announces Proposed Public Offering of Class A Common Stock

Casella Waste Systems Announces Pricing of Public Offering of 4,500,000 Shares of Class A Common Stock

Casella Waste Systems Announces Closing of Public Offering of Class A Common Stock and Full Exercise of Underwriters' Option to Purchase Additional Shares

Casella Waste Systems, Inc. Highlights Investments in its People, Recycling Infrastructure, and Communities in 2024 Sustainability Report

Casella Waste Systems, Inc. Announces Closing of $1.5 Billon Amended and Restated Credit Facility

Casella Waste Systems, Inc. to Host Conference Call on Its Third Quarter 2024 Results

Casella Waste Systems, Inc. Announces Third Quarter 2024 Results and Recent Acquisition; Updates Fiscal Year 2024 Guidance

Casella Waste Systems, Inc. to Present at Upcoming Investor Conferences

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