Raymond James analyst Patrick Brown maintained a Buy rating on Casella Waste (NASDAQ:CWST) Systems on Monday, setting a price target of $69, which is approximately 15.00% above the present share price of $60.
Brown expects Casella Waste Systems to post earnings per share (EPS) of $0.31 for the first quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Casella Waste, with an average price target of $68.33.
The analysts price targets range from a high of $69 to a low of $67.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $202.67 million and a net profit of $23.45 million. The company's market cap is $3.04 billion.
According to TipRanks.com, Raymond James analyst Patrick Brown is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.4% and a 76.58% success rate.
Casella Waste Systems, Inc. is a solid waste services company, which engages in the provision of resource management and services to residential, commercial, municipal and industrial customers, primarily in the areas of solid waste collection, transfer, disposal, recycling and organics services. It operates through the following segments: Eastern Region, Western Region, Recycling and Other segments. The Eastern region segment is vertically integrated, with transfer, landfill, processing and recycling assets serviced by collection operations. The Western region segment also consists of wastesheds in western New York, which includes Ithaca, Elmira, Oneonta, Lowville, Potsdam, Geneva, Auburn, Rochester, Dunkirk, Jamestown and Olean markets. The Recycling segment provides a full range of solid waste services, and larger-scale recycling and commodity brokerage operations. The Other segment offers organic services, ancillary operations, major accounts and industrial services, discontinued operations, and earnings from equity method investees. The company was founded in 1975 and is headquartered in Rutland, VT.