Casella Waste Systems Inc (NASDAQ: CWST) has recently experienced extremely meaningful negative changes in fundamentals: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2023 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
CWST’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Casella Waste Systems has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Casella Waste Systems has a neutral Power Rating of 49 but a very low Appreciation Score of 9, resulting in the Lowest Value Trend Rating.
Recent Price Action
Casella Waste Systems Inc (NASDAQ: CWST) stock declined modestly by -0.7% on 11/21/23. The stock closed at $80.01. The stock has performed in line with the market over the last nine months and has risen 1.7% during the last week.
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