Is Casella Waste Systems, Inc. (NASDAQ:CWST) a Stock To Hold For The Long Haul?

Casella Waste Systems, Inc. (NASDAQ:CWST) has been recommended as a long term growth pick according to Beta Research.  With their stock price currently trading around $23.50, the firm has proven a solid track record of growth over the past few years.  Investors might consider the stock as a long term growth candidate as the firm has yielded 43.60% earnings per share growth over the past 5 years and 3.80% revenue growth over that same time frame. 

Recent Performance

Let’s take a look at how the stock has been performing recently.  Over the past twelve months, Casella Waste Systems, Inc. (NASDAQ:CWST)’s stock was 2.09%.  Over the last week of the month, it was 2.66%, 29.41% over the last quarter, and  33.22% for the past six months. 

Over the past 50 days, Casella Waste Systems, Inc.’s stock is -1.18% off of the high and 30.63% removed from the low.  Their 52-Week High and Low are as follows: -1.18% (High), 110.76%, (Low). 

Analyst Recommendation

Despite the past success, investors want to know where the stock is headed from here.  Analysts covering the shares have a consensus short-term price target of $22.00 on the equity.   Analysts have a consensus recommendation of 2.20 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.  

Leave a Comment