Casella Waste Systems, Inc. (CWST)
NASDAQ: CWST · IEX Real-Time Price · USD
106.19
-0.19 (-0.18%)
At close: Jul 19, 2024, 4:00 PM
106.16
-0.03 (-0.03%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Casella Waste Systems Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for CWST stock have an average target of 100.4, with a low estimate of 96 and a high estimate of 106. The average target predicts a decrease of -5.45% from the current stock price of 106.19.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 23, 2024.
Analyst Ratings
The average analyst rating for CWST stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 3 | 2 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Hold Initiates $106 | Hold | Initiates | $106 | -0.18% | May 23, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $95 → $100 | Buy | Maintains | $95 → $100 | -5.83% | Feb 20, 2024 |
| Wells Fargo | Wells Fargo | Buy Initiates $95 | Buy | Initiates | $95 | -10.54% | Nov 27, 2023 |
| Wolfe Research | Wolfe Research | Buy Initiates $96 | Buy | Initiates | $96 | -9.60% | Oct 17, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $100 | Strong Buy | Initiates | $100 | -5.83% | Sep 15, 2023 |
Financial Forecast
Revenue This Year
1.53B
from 1.26B
Increased by 20.60%
Revenue Next Year
1.62B
from 1.53B
Increased by 6.10%
EPS This Year
0.81
from 0.46
Increased by 75.73%
EPS Next Year
1.21
from 0.81
Increased by 50.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.6B | 1.7B | 1.8B | 2.0B | 2.1B |
| Avg | 1.5B | 1.6B | 1.7B | 1.9B | 2.1B |
| Low | 1.5B | 1.5B | 1.6B | 1.8B | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.7% | 11.7% | 12.2% | 15.3% | 11.1% |
| Avg | 20.6% | 6.1% | 5.0% | 12.0% | 7.9% |
| Low | 15.0% | -0.4% | -1.9% | 7.7% | 3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.89 | 1.46 | 1.76 |
| Avg | 0.81 | 1.21 | 1.55 |
| Low | 0.73 | 0.97 | 1.38 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 92.9% | 81.1% | 45.1% |
| Avg | 75.7% | 50.2% | 27.6% |
| Low | 57.7% | 20.0% | 13.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.