Casella Waste Systems Inc (NASDAQ: CWST) has reported E.P.S. of $0.12 for its second fiscal quarter (ending June 30) versus $0.10 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $0.33 compared to $0.77 a year ago.
Recent Price Action
On 8/1/24, Casella Waste Systems Inc (NASDAQ: CWST) stock declined modestly by -1.2%, closing at $102.29. Moreover, trading volume in this decline was unusually high at 175% of normal. The stock has declined -3.0% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
CWST’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Casella Waste Systems has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Casella Waste Systems has a very low Appreciation Score of 10 but a good Power Rating of 77, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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