News articles about Casella Waste Systems (NASDAQ:CWST) have trended somewhat positive this week, Alpha One Sentiment reports. The research group, a unit of Accern, rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Casella Waste Systems earned a daily sentiment score of 0.20 on Alpha One’s scale. Alpha One also gave media coverage about the industrial products company an impact score of 86 out of 100, indicating that recent news coverage is very likely to have an impact on the company’s share price in the near future.
These are some of the headlines that may have effected AlphaOne Sentiment Analysis’s scoring:
- Casella Waste Systems, Inc. :CWST-US: Earnings Analysis: Q1, 2017 By the Numbers : June 16, 2017 (finance.yahoo.com)
- Casella Waste Systems (CWST) Presents At Stifel Industrials Conference – Slideshow (seekingalpha.com)
- ETFs with exposure to Casella Waste Systems, Inc. : June 15, 2017 (finance.yahoo.com)
- Edmond Coletta Sells 1,000 Shares of Casella Waste Systems, Inc. (CWST) Stock (americanbankingnews.com)
- Casella Waste Systems, Inc. (CWST) Receives Average Rating of “Buy” from Brokerages (americanbankingnews.com)
A number of brokerages recently commented on CWST. Wedbush reiterated a “neutral” rating and set a $13.00 price objective (up previously from $11.00) on shares of Casella Waste Systems in a research report on Friday, March 3rd. KeyCorp lifted their price objective on Casella Waste Systems from $14.00 to $17.00 and gave the stock an “overweight” rating in a research report on Thursday, May 11th. Finally, Zacks Investment Research downgraded Casella Waste Systems from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 3rd. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Casella Waste Systems currently has a consensus rating of “Buy” and a consensus target price of $15.00.
Casella Waste Systems (NASDAQ CWST) traded down 0.69% during midday trading on Friday, reaching $15.78. The company’s stock had a trading volume of 431,894 shares. Casella Waste Systems has a 1-year low of $7.38 and a 1-year high of $16.39. The company has a 50 day moving average price of $14.66 and a 200 day moving average price of $13.23. The firm has a market cap of $660.87 million, a price-to-earnings ratio of 1213.85 and a beta of 0.66.
Casella Waste Systems (NASDAQ:CWST) last posted its quarterly earnings data on Thursday, May 4th. The industrial products company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.10. Casella Waste Systems had a negative return on equity of 73.05% and a net margin of 0.09%. The business had revenue of $133.80 million for the quarter, compared to analysts’ expectations of $128.33 million. During the same quarter last year, the firm earned ($0.19) earnings per share. The business’s revenue was up 6.7% on a year-over-year basis. On average, equities research analysts expect that Casella Waste Systems will post $0.53 EPS for the current year.
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About Casella Waste Systems
Casella Waste Systems, Inc is a solid waste services company. The Company provides resource management services to residential, commercial, municipal and industrial customers, primarily in the areas of solid waste collection and disposal, transfer, recycling and organics services. It manages its solid waste operations on a geographic basis through two regional operating segments: Eastern and Western regions, each of which provides a range of solid waste services, and its recycling and commodity brokerage operations through its Recycling segment.
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