Casella Waste Systems Inc (CWST) Stock AnalysisCWSTCasella Waste Systems Inc

Casella Waste Systems, Inc. is a regional, vertically integrated solid waste services company. The Company provides resource management and services to residential, commercial, municipal, institutional, and industrial customers, primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services. It also holds collection operations across eastern Pennsylvania and western New Jersey. It manages its solid waste operations on a geographic basis through three regional operating segments: the Eastern, Western and Mid-Atlantic regions, each of which provides a comprehensive range of non-hazardous solid waste services. It manages its resource renewal operations through the Resource Solutions operating segment, which leverages its core competencies in materials processing, industrial recycling, organics and resource management service offerings to deliver comprehensive solutions for its commercial, municipal, institutional and industrial customers. It operates in the Industrials sector (REFUSE SYSTEMS industry).

Casella Waste Systems Inc is currently a hold. The stock is priced at $83.78, with a forward P/E of 56.18, indicating high future earnings expectations. However, the stock has underperformed the S&P 500, which has returned 14.8% over the past year, while Casella's stock price has only increased by 2.7%. Additionally, the RSI is at 53.64, suggesting it is neither overbought nor oversold, indicating a lack of strong momentum. The main risk is the high P/E ratio of 937.75, which suggests that the stock may be overvalued if earnings do not meet expectations.

5 analysts cover CWST: 3 rate it Buy, 2 Hold and 0 Sell. The average price target is 114.33.