Casella Waste Systems (CWST) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

CWST Stock Forecast


Casella Waste Systems stock forecast is as follows: an average price target of $119.25 (represents a 12.53% upside from CWST’s last price of $105.97) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

CWST Price Target


The average price target for Casella Waste Systems (CWST) is $119.25 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $124.00 to $114.00. This represents a potential 12.53% upside from CWST's last price of $105.97.

CWST Analyst Ratings


Buy

According to 4 Wall Street analysts, Casella Waste Systems's rating consensus is 'Buy'. The analyst rating breakdown for CWST stock is 1 'Strong Buy' (25.00%), 2 'Buy' (50.00%), 1 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Casella Waste Systems Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 19, 2024Patrick Tyler BrownRaymond James$122.00$100.5621.32%15.13%
Aug 05, 2024Stephanie MooreJefferies$124.00$101.7621.86%17.01%
Aug 05, 2024Michael HoffmanStifel Nicolaus$117.00$105.4610.94%10.41%
Aug 05, 2024Faiza AlwyDeutsche Bank$114.00$101.8311.95%7.58%
May 22, 2024Faiza AlwyDeutsche Bank$106.00$98.817.28%0.03%
Aug 01, 2022Raymond James$93.00$80.9514.89%-12.24%
May 03, 2022Raymond James$99.00$77.5827.61%-6.58%

The latest Casella Waste Systems stock forecast, released on Sep 19, 2024 by Patrick Tyler Brown from Raymond James, set a price target of $122.00, which represents a 21.32% increase from the stock price at the time of the forecast ($100.56), and a 15.13% increase from CWST last price ($105.97).

Casella Waste Systems Price Target by Period


1M3M12M
# Anlaysts-15
Avg Price Target-$122.00$116.60
Last Closing Price$105.97$105.97$105.97
Upside/Downside-100.00%15.13%10.03%

In the current month, the average price target of Casella Waste Systems stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Casella Waste Systems's last price of $105.97. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 03, 2024William BlairOutperformInitialise
Sep 19, 2024Raymond JamesStrong BuyStrong BuyHold
Aug 05, 2024JefferiesBuyBuyHold
Aug 05, 2024Deutsche BankHoldHoldHold
May 22, 2024Deutsche BankHoldInitialise
Aug 01, 2022Raymond JamesStrong BuyStrong BuyHold
Feb 22, 2022Raymond JamesStrong BuyStrong BuyHold

Casella Waste Systems's last stock rating was published by William Blair on Oct 03, 2024. The company Initialise its CWST rating from "null" to "Outperform".

Casella Waste Systems Financial Forecast


Casella Waste Systems Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$359.57M$352.74M$289.64M$262.60M$272.13M$295.27M$283.67M$234.03M$241.84M$241.97M$215.88M$189.53M$200.24M$202.67M$188.77M$182.91M$193.62M$198.55M
Avg Forecast$471.48M$475.95M$462.95M$419.25M$450.39M$454.33M$439.26M$398.25M$418.58M$412.59M$373.87M$340.70M$360.08M$360.67M$301.93M$254.37M$264.10M$269.49M$251.92M$220.26M$230.35M$226.49M$209.71M$188.46M$197.52M$200.54M$183.79M$177.05M$193.63M$192.52M
High Forecast$477.67M$482.20M$469.03M$424.76M$456.31M$460.30M$445.03M$401.15M$421.50M$413.35M$373.87M$340.70M$361.33M$366.51M$305.90M$257.71M$267.57M$269.49M$251.92M$220.26M$230.35M$226.49M$209.71M$188.46M$197.52M$200.54M$183.79M$177.05M$193.63M$192.52M
Low Forecast$459.10M$463.46M$450.80M$408.25M$438.57M$442.41M$427.73M$393.71M$416.74M$411.84M$373.87M$340.70M$358.84M$352.01M$294.01M$247.69M$257.17M$269.49M$251.92M$220.26M$230.35M$226.49M$209.71M$188.46M$197.52M$200.54M$183.79M$177.05M$193.63M$192.52M
# Analysts111111135411263344443333345443
Surprise %------------1.00%0.98%0.96%1.03%1.03%1.10%1.13%1.06%1.05%1.07%1.03%1.01%1.01%1.01%1.03%1.03%1.00%1.03%

Casella Waste Systems's average Quarter revenue forecast for Mar 24 based on 1 analysts is $340.70M, with a low forecast of $340.70M, and a high forecast of $340.70M. CWST's average Quarter revenue forecast represents a -5.25% decrease compared to the company's last Quarter revenue of $359.57M (Dec 23).

Casella Waste Systems EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111135411263344443333345443
EBITDA------------$68.60M$82.15M$49.79M$47.02M$52.68M$71.58M$64.42M$41.92M$43.25M$51.54M$48.84M$36.50M$37.65M$46.94M$41.85M$30.10M$36.13M$41.70M
Avg Forecast$100.59M$101.55M$98.77M$89.45M$96.10M$96.94M$93.72M$84.97M$89.31M$88.03M$79.77M$43.28M$76.83M$76.95M$64.42M$39.34M$39.65M$58.18M$54.39M$35.77M$49.73M$48.90M$45.28M$22.79M$42.65M$43.30M$39.68M$115.13M$41.81M$41.57M
High Forecast$101.92M$102.88M$100.07M$90.63M$97.36M$98.21M$94.95M$85.59M$89.93M$88.19M$79.77M$51.93M$77.09M$78.20M$65.27M$47.21M$47.58M$58.18M$54.39M$42.92M$49.73M$48.90M$45.28M$27.35M$42.65M$43.30M$39.68M$138.15M$41.81M$41.57M
Low Forecast$97.95M$98.88M$96.18M$87.10M$93.57M$94.39M$91.26M$84.00M$88.92M$87.87M$79.77M$34.62M$76.56M$75.11M$62.73M$31.47M$31.72M$58.18M$54.39M$28.61M$49.73M$48.90M$45.28M$18.23M$42.65M$43.30M$39.68M$92.10M$41.81M$41.57M
Surprise %------------0.89%1.07%0.77%1.20%1.33%1.23%1.18%1.17%0.87%1.05%1.08%1.60%0.88%1.08%1.05%0.26%0.86%1.00%

1 analysts predict CWST's average Quarter EBITDA for Mar 24 to be $43.28M, with a high of $51.93M and a low of $34.62M. This is -36.91% lower than Casella Waste Systems's previous annual EBITDA (Dec 23) of $68.60M.

Casella Waste Systems Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111135411263344443333345443
Net Income------------$-1.81M$18.17M$5.49M$3.55M$8.42M$22.67M$17.80M$4.19M$9.14M$15.86M$11.78M$4.31M$62.92M$15.12M$12.11M$959.00K$9.07M$12.39M
Avg Forecast$24.21M$27.32M$24.42M$8.87M$17.20M$21.36M$17.86M$2.57M$9.31M$15.88M$16.25M$4.56M$9.17M$22.63M$21.60M$4.15M$8.38M$21.09M$15.88M$3.77M$10.54M$15.59M$14.01M$2.82M$8.04M$16.99M$3.52M$3.88M$12.40M$18.93M
High Forecast$24.63M$27.78M$24.83M$9.02M$17.50M$21.73M$18.16M$15.42M$14.24M$15.94M$16.26M$5.48M$12.23M$31.91M$21.97M$4.98M$10.06M$21.09M$15.88M$4.53M$10.54M$15.59M$14.01M$3.38M$8.04M$16.99M$3.52M$4.66M$12.40M$18.93M
Low Forecast$23.39M$26.39M$23.58M$8.57M$16.62M$20.63M$17.25M$-5.14M$5.48M$15.82M$16.25M$3.65M$7.13M$12.76M$20.87M$3.32M$6.71M$21.09M$15.88M$3.02M$10.54M$15.59M$14.01M$2.25M$8.04M$16.99M$3.52M$3.11M$12.40M$18.93M
Surprise %-------------0.20%0.80%0.25%0.86%1.00%1.07%1.12%1.11%0.87%1.02%0.84%1.53%7.83%0.89%3.45%0.25%0.73%0.65%

Casella Waste Systems's average Quarter net income forecast for Dec 23 is $9.17M, with a range of $7.13M to $12.23M. CWST's average Quarter net income forecast represents a -49.52% decrease compared to the company's last Quarter net income of $18.17M (Sep 23).

Casella Waste Systems SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111135411263344443333345443
SG&A---------------$35.68M$35.72M$33.50M$33.56M$29.79M$31.50M$30.99M$29.21M$27.13M$28.17M$25.01M$24.87M$24.35M$25.36M$22.54M
Avg Forecast$60.05M$60.62M$58.97M$53.40M$57.37M$57.87M$55.95M$50.73M$53.32M$52.55M$47.62M$32.44M$45.87M$45.94M$38.46M$29.50M$28.87M$34.33M$32.09M$26.81M$29.34M$28.85M$26.71M$17.72M$25.16M$25.54M$23.41M$98.63M$24.66M$24.52M
High Forecast$60.84M$61.42M$59.74M$54.10M$58.12M$58.63M$56.69M$51.10M$53.69M$52.65M$47.62M$38.93M$46.02M$46.68M$38.96M$35.39M$34.65M$34.33M$32.09M$32.18M$29.34M$28.85M$26.71M$21.27M$25.16M$25.54M$23.41M$118.35M$24.66M$24.52M
Low Forecast$58.48M$59.03M$57.42M$52.00M$55.86M$56.35M$54.48M$50.15M$53.08M$52.46M$47.62M$25.96M$45.71M$44.84M$37.45M$23.60M$23.10M$34.33M$32.09M$21.45M$29.34M$28.85M$26.71M$14.18M$25.16M$25.54M$23.41M$78.90M$24.66M$24.52M
Surprise %---------------1.21%1.24%0.98%1.05%1.11%1.07%1.07%1.09%1.53%1.12%0.98%1.06%0.25%1.03%0.92%

Casella Waste Systems's average Quarter SG&A projection for Jun 23 is $38.46M, based on 3 Wall Street analysts, with a range of $37.45M to $38.96M. The forecast indicates a 7.79% rise compared to CWST last annual SG&A of $35.68M (Mar 23).

Casella Waste Systems EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111135411263344443333345443
EPS------------$-0.03$0.31$0.10$0.07$0.16$0.44$0.34$0.08$0.18$0.31$0.23$0.08$1.25$0.31$0.25$0.02$0.19$0.26
Avg Forecast$0.41$0.47$0.42$0.15$0.29$0.37$0.31$0.04$0.16$0.27$0.28$-0.02$0.16$0.39$0.37$0.07$0.23$0.36$0.27$0.10$0.18$0.27$0.24$0.04$0.14$0.29$0.06$-0.03$0.21$0.33
High Forecast$0.42$0.48$0.43$0.15$0.30$0.37$0.31$0.26$0.24$0.27$0.28$-0.02$0.21$0.55$0.38$0.07$0.23$0.36$0.27$0.10$0.18$0.27$0.24$0.04$0.14$0.29$0.06$-0.03$0.21$0.33
Low Forecast$0.40$0.45$0.40$0.15$0.28$0.35$0.30$-0.09$0.09$0.27$0.28$-0.02$0.12$0.22$0.36$0.07$0.22$0.36$0.27$0.10$0.18$0.27$0.24$0.04$0.14$0.29$0.06$-0.03$0.21$0.33
Surprise %-------------0.20%0.80%0.27%1.03%0.70%1.21%1.25%0.78%0.99%1.16%0.96%1.80%9.05%1.06%4.14%-0.71%0.89%0.80%

According to 2 Wall Street analysts, Casella Waste Systems's projected average Quarter EPS for Dec 23 is $0.16, with a low estimate of $0.12 and a high estimate of $0.21. This represents a -49.35% decrease compared to CWST previous annual EPS of $0.31 (Sep 23).

Casella Waste Systems Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MEGMontrose Environmental Group$17.51$43.00145.57%Buy
CLHClean Harbors$239.54$271.5013.34%Buy
CWSTCasella Waste Systems$106.50$119.2511.97%Buy
RSGRepublic Services$205.62$227.5010.64%Buy
GFLGFL Environmental$44.56$48.679.22%Buy
WCNWaste Connections$176.26$192.509.21%Buy
WMWaste Management$209.00$227.338.77%Buy

CWST Forecast FAQ


Is Casella Waste Systems a good buy?

Yes, according to 4 Wall Street analysts, Casella Waste Systems (CWST) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 2 'Buy' recommendations, accounting for 75.00% of CWST's total ratings.

What is CWST's price target?

Casella Waste Systems (CWST) average price target is $119.25 with a range of $114 to $124, implying a 12.53% from its last price of $105.97. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Casella Waste Systems stock go up soon?

According to Wall Street analysts' prediction for CWST stock, the company can go up by 12.53% (from the last price of $105.97 to the average price target of $119.25), up by 17.01% based on the highest stock price target, and up by 7.58% based on the lowest stock price target.

Can Casella Waste Systems stock reach $200?

CWST's average twelve months analyst stock price target of $119.25 does not support the claim that Casella Waste Systems can reach $200 in the near future.

What are Casella Waste Systems's analysts' financial forecasts?

Casella Waste Systems's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.74B (high $1.76B, low $1.7B), average EBITDA is $371.73M (high $376.11M, low $363.23M), average net income is $58.99M (high $72.8M, low $49.36M), average SG&A $221.92M (high $224.54M, low $216.85M), and average EPS is $1.01 (high $1.25, low $0.845). CWST's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.83B (high $1.85B, low $1.78B), average EBITDA is $390.37M (high $395.5M, low $380.13M), average net income is $84.82M (high $86.27M, low $81.93M), average SG&A $233.05M (high $236.11M, low $226.93M), and average EPS is $1.45 (high $1.48, low $1.4).

Did the CWST's actual financial results beat the analysts' financial forecasts?

Based on Casella Waste Systems's last annual report (Dec 2023), the company's revenue was $1.26T, beating the average analysts forecast of $1.28B by 98919.98%. Apple's EBITDA was $255.33B, beating the average prediction of $257.54M by 99039.72%. The company's net income was $25.4B, beating the average estimation of $57.55M by 44034.30%. Apple's SG&A was $0, missing the average forecast of $159.76M by -100.00%. Lastly, the company's EPS was $0.46, missing the average prediction of $0.982 by -53.15%. In terms of the last quarterly report (Dec 2023), Casella Waste Systems's revenue was $359.57M, missing the average analysts' forecast of $360.08M by -0.14%. The company's EBITDA was $68.6M, missing the average prediction of $76.83M by -10.71%. Casella Waste Systems's net income was $-1.811M, missing the average estimation of $9.17M by -119.74%. The company's SG&A was $0, missing the average forecast of $45.87M by -100.00%. Lastly, the company's EPS was $-0.0312, missing the average prediction of $0.157 by -119.87%