Casella Waste Systems, Inc. (CWST)
NASDAQ: CWST · IEX Real-Time Price · USD
92.71
+0.33 (0.36%)
Apr 19, 2024, 10:25 AM EDT - Market open
Casella Waste Systems Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for CWST stock have an average target of 99.71, with a low estimate of 89 and a high estimate of 110. The average target predicts an increase of 7.56% from the current stock price of 92.71.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 20, 2024.
Analyst Ratings
The average analyst rating for CWST stock from 7 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $95 → $100 | Buy | Maintains | $95 → $100 | +7.87% | Feb 20, 2024 |
| Wells Fargo | Wells Fargo | Buy Initiates $95 | Buy | Initiates | $95 | +2.48% | Nov 27, 2023 |
| Wolfe Research | Wolfe Research | Buy Initiates $96 | Buy | Initiates | $96 | +3.55% | Oct 17, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $100 | Strong Buy | Initiates | $100 | +7.87% | Sep 15, 2023 |
| Raymond James | Raymond James | Strong Buy Maintains $104 → $100 | Strong Buy | Maintains | $104 → $100 | +7.87% | Jul 31, 2023 |
Financial Forecast
Revenue This Year
1.53B
from 1.26B
Increased by 20.68%
Revenue Next Year
1.62B
from 1.53B
Increased by 6.09%
EPS This Year
0.83
from 0.46
Increased by 80.24%
EPS Next Year
1.25
from 0.83
Increased by 50.90%
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 | 24.9% | 11.1% | 11.9% | 16.2% | 10.5% |
| Avg | 20.7% | 6.1% | 5.1% | 12.9% | 7.3% |
| Low | 15.5% | 0.3% | -1.2% | 8.5% | 3.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.95 | 1.63 | 1.69 |
| Avg | 0.83 | 1.25 | 1.55 |
| Low | 0.73 | 0.98 | 1.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 105.4% | 96.3% | 35.0% |
| Avg | 80.2% | 50.9% | 24.2% |
| Low | 57.7% | 18.2% | 12.0% |
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.