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0 0 0 0 -0.000502891626854491 0.00348126728689964 0.00502891626854402 0.00553180789539851
Stock impact report

Casella Waste Systems: Remains Buy Rated With Positive Outlook On Pricing [Seeking Alpha]

Casella Waste Systems, Inc. - Class A (CWST) 
Last casella waste systems, inc. - class a earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.casella.com
Company Research Source: Seeking Alpha
The decline in certain waste volumes, such as residential accounts, aligns with CWST's strategy of focusing on high-margin contracts. The company's ability to surpass inflationary trends and drive margin expansion through pricing growth is a positive indicator for future performance. Summary Following my coverage of Casella Waste Systems ( NASDAQ: CWST ), I recommended a buy rating as I thought that CWST fundamentals were still strong, unlike what the headline was suggesting back then. I saw the drop in share price as an attractive opportunity to long the stock. This post is to provide an update on my thoughts on the business and stock. I am reiterating my buy rating for CWST as I don't find the decline in volume alarming at all, and pricing growth remains very healthy (and I expect it to continue being supportive of growth). Investment thesis CWST reported 3Q23 revenue of $353 million due to weaker disposal revenue and volume but was driven higher due to acquisitions. Over Show less Read more
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