Casella Waste Systems: Strong Visible Catalysts Ahead [Seeking Alpha]
Casella Waste Systems, Inc. - Class A (CWST)
Last casella waste systems, inc. - class a earnings: 2/20 04:05 pm
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US:NASDAQ Investor Relations:
ir.casella.com
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Source: Seeking Alpha
The upcoming McKean rail infrastructure and other projects could help CWST beat consensus FY25 estimates if all things go well. I maintain a buy rating, anticipating a minimum 11% upside. Summary In my previous coverage of Casella Waste Systems ( NASDAQ: CWST ), I recommended a buy rating as I believed the volume decline was not an issue to be worried about given that the pricing growth remained very healthy. Turns out, the reiteration of a buy rating was right as the stock rallied from ~$80 to ~$91 today, inching closer to my target share price. This post is to provide an update on my thoughts on the business and stock. I am staying with a buy rating for CWST as I see a visible catalyst that could result in CWST beating consensus FY25 estimates. Investment thesis CWST reported strong 4Q23 revenue growth of 32% to $359.6 million. Revenue was driven by newly closed and roll-over impacts from acquisitions, offset by weak volume. Collection revenue was robust in the quarter, g
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CWST
News
- Casella Waste Systems, Inc. (NASDAQ:CWST) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Casella Waste Systems, Inc. Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- When Should You Buy Casella Waste Systems, Inc. (NASDAQ:CWST)? [Yahoo! Finance]Yahoo! Finance
- Casella (CWST) Reports Q1 Loss, Lags Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Casella Waste Systems, Inc. Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
CWST
Earnings
- 4/25/24 - Beat
CWST
Sec Filings
- 4/26/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/19/24 - Form ARS
- CWST's page on the SEC website