Market Summary
USD78.96+1.26
Delayed1.62%
CWST Alerts
CWST Stock Price
CWST RSI Chart
CWST Valuation
CWST Price/Sales (Trailing)
CWST Profitability
CWST Fundamentals
CWST Revenue
CWST Earnings
Price Action
52 Week Range
63.9092.20
(Low)(High)
Last 7 days
-2%
Last 30 days
2.9%
Last 90 days
-2.2%
Trailing 12 Months
-6.7%
CWST Financial Health
CWST Investor Care
Peers (Alternatives to Casella Waste Systems)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
WM | 63.0B | 19.7B | 1.52% | -0.37% | 28.15 | 3.2 | 9.85% | 23.24% |
CTAS | 44.3B | 8.4B | -0.28% | 7.16% | 34.48 | 5.29 | 12.71% | 11.63% |
RSG | 41.4B | 13.5B | 1.30% | 1.26% | 27.85 | 3.07 | 19.62% | 15.28% |
WCN | 34.4B | 7.2B | -1.72% | 0.43% | 41.12 | 4.76 | 17.24% | 35.21% |
CPRT | 34.0B | 3.7B | 3.00% | 12.81% | 31.46 | 9.27 | 16.24% | -0.79% |
| MID-CAP | ||||||||
TTEK | 7.7B | 3.5B | 3.94% | -12.11% | 24.61 | 2.16 | 7.06% | 25.10% |
CLH | 7.1B | 5.2B | -2.65% | 23.96% | 17.22 | 1.37 | 35.76% | 102.58% |
CWST | 4.1B | 1.1B | 2.88% | -6.73% | 76.87 | 3.76 | 22.03% | 29.15% |
SRCL | 3.8B | 2.7B | -25.66% | -27.17% | 66.74 | 1.39 | 2.18% | 310.82% |
| SMALL-CAP | ||||||||
HCCI | 796.3M | 709.3M | -8.34% | 16.94% | 10.93 | 1.12 | 37.64% | 56.34% |
PESI | 138.2M | 71.0M | 49.71% | 77.76% | -30.1 | 1.95 | -14.94% | -242.00% |
CHRA | 11.9M | 318.1M | -39.76% | -28.40% | -0.35 | 0.04 | 19.84% | 22.30% |
AWX | 10.5M | 77.1M | -4.25% | -18.92% | -150.41 | 0.14 | 14.38% | -102.40% |
Financials for Casella Waste Systems
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 2.9% | 1,085 | 1,055 | 1,001 | 934 | 889 |
| S&GA Expenses | 3.3% | 133 | 129 | 126 | 121 | 119 |
| Costs and Expenses | 3.1% | 990 | 960 | 916 | 858 | 812 |
| EBITDA | 2.5% | 225 | 220 | 204 | 188 | 183 |
| EBITDA Margin | -0.3% | 0.21* | 0.21* | 0.20* | 0.20* | 0.21* |
| Earnings Before Taxes | 0.0% | 75.00 | 75.00 | 66.00 | 56.00 | 58.00 |
| EBT Margin | -2.8% | 0.07* | 0.07* | 0.07* | 0.06* | 0.07* |
| Interest Expenses | 6.0% | 24.00 | 22.00 | 21.00 | 21.00 | 21.00 |
| Net Income | -1.3% | 53.00 | 54.00 | 47.00 | 41.00 | 41.00 |
| Net Income Margin | -4.1% | 0.05* | 0.05* | 0.05* | 0.04* | 0.05* |
| Free Cahsflow | 20.4% | 86.00 | 72.00 | 74.00 | 66.00 | 59.00 |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 3.6% | 1,449 | 1,399 | 1,371 | 1,307 | 1,284 |
| Current Assets | 8.4% | 207 | 191 | 181 | 134 | 146 |
| Cash Equivalents | 48.4% | 71.00 | 48.00 | 39.00 | 13.00 | 34.00 |
| Net PPE | 2.5% | 685 | 668 | 647 | 645 | - |
| Goodwill | 0.7% | 274 | 272 | 263 | 258 | 233 |
| Current Liabilities | 9.1% | 178 | 163 | 163 | 144 | 152 |
| Long Term Debt | 1.1% | 585 | 578 | 576 | 561 | 543 |
| Shareholder's Equity | 2.3% | 498 | 487 | 458 | 435 | 422 |
| Retained Earnings | 4.7% | -171 | -180 | -203 | -220 | -225 |
| Additional Paid-In Capital | 0.5% | 662 | 658 | 656 | 654 | 652 |
| Accumulated Depreciation | 2.2% | 1,039 | 1,016 | 997 | 973 | - |
| Shares Outstanding | 0.1% | 52.00 | 52.00 | 51.00 | - | - |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 8.1% | 217 | 201 | 196 | 175 | 183 |
| Share Based Compensation | -3.2% | 8.00 | 8.00 | 9.00 | 11.00 | 12.00 |
| Cashflow From Investing | 6.0% | -206 | -220 | -342 | -324 | -293 |
| Cashflow From Financing | 31.5% | 27.00 | 20.00 | 20.00 | 9.00 | -10.12 |
Risks for CWST
What is the probability of a big loss on CWST?
55.8%
Probability that Casella Waste Systems stock will be more than 20% underwater in next one year
0%
Probability that Casella Waste Systems stock will be more than 30% underwater in next one year.
0%
Probability that Casella Waste Systems stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does CWST drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Casella Waste Systems was unfortunately bought at previous high price.
Drawdowns
Returns for CWST
Cumulative Returns on CWST
33.7%
10-Year Cumulative Returns
41.9%
7-Year Cumulative Returns
27.6%
5-Year Cumulative Returns
25.9%
3-Year Cumulative Returns
What are the long-term rolling returns for CWST?
FIve years rolling returns for Casella Waste Systems.
Annualized Returns
Which funds bought or sold CWST recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -82.13 | -1,962,850 | 447,150 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -26.82 | -8,000 | 25,000 | -% |
2023-02-28 | Voya Investment Management LLC | reduced | -24.63 | -5,759,840 | 20,726,200 | 0.03% |
2023-02-24 | SRS Capital Advisors, Inc. | unchanged | - | 155 | 5,155 | -% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 1.92 | 117,000 | 2,120,000 | 0.02% |
2023-02-21 | MACQUARIE GROUP LTD | added | 2.12 | 6,557,000 | 116,082,000 | 0.14% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | reduced | -5.58 | -3,692 | 185,308 | -% |
2023-02-21 | Triasima Portfolio Management inc. | unchanged | - | 10,343 | 351,343 | 0.03% |
2023-02-17 | TRUIST FINANCIAL CORP | reduced | -5.23 | -290,135 | 17,777,900 | 0.03% |
2023-02-15 | Steward Partners Investment Advisory, LLC | reduced | -28.6 | -55,221 | 158,779 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
CWST Alerts
Casella Waste Systems News
Schedule 13G FIlings of Casella Waste Systems
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | earnest partners llc | 5.5% | 2,769,530 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.40% | 4,764,755 | SC 13G/A | |
| Feb 01, 2023 | blackrock inc. | 6.5% | 3,313,852 | SC 13G/A | |
| Jan 18, 2023 | conestoga capital advisors, llc | 6.23% | 3,157,827 | SC 13G/A | |
| Feb 11, 2022 | earnest partners llc | 6.1% | 3,062,434 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 9.18% | 4,629,147 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 6.4% | 3,231,661 | SC 13G/A | |
| Jan 26, 2022 | wells fargo & company/mn | 1.02% | 512,345 | SC 13G/A | |
| Jan 10, 2022 | conestoga capital advisors, llc | 7.3% | 3,682,168 | SC 13G/A | |
| Feb 16, 2021 | earnest partners llc | 6.1% | 3,060,783 | SC 13G/A |
CWST Fair Value
Casella Waste Systems fair value in different scenarios
The table shows the Fair Value estimates for Casella Waste Systems for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 21.95 -72.20% | 31.86 -59.65% | 42.30 -46.43% | 53.48 -32.27% | 68.20 -13.63% |
| Current Inflation | 18.73 -76.28% | 23.03 -70.83% | 31.05 -60.68% | 39.03 -50.57% | 46.92 -40.58% |
| Very High Inflation | 17.32 -78.06% | 23.89 -69.74% | 30.31 -61.61% | 37.65 -52.32% | 47.17 -40.26% |
Historical Casella Waste Systems Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Casella Waste Systems
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 14, 2023 | 4 | Insider Trading | |
| Mar 14, 2023 | 4 | Insider Trading | |
| Mar 14, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for CWST
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-15 | Steves Sean | sold | -14,801 | 82.23 | -180 | sr vp & coo of sw ops |
2023-03-15 | Drohan Kevin | sold | -4,604 | 82.23 | -56.00 | vp & chief accounting officer |
2023-03-15 | CASELLA DOUGLAS R | sold | -75,322 | 82.23 | -916 | vice chairman, bd of directors |
2023-03-15 | Ligon Paul | sold | -34,865 | 82.23 | -424 | sr vp of sustainable growth |
2023-03-15 | Coletta Edmond | sold | -132,390 | 82.23 | -1,610 | president & cfo |
2023-03-15 | CASELLA JOHN W | sold | -264,452 | 82.23 | -3,216 | chief executive officer |
2023-03-15 | Sayward Shelley E. | sold | -19,981 | 82.23 | -243 | senior vp & general counsel |
2023-03-10 | Ligon Paul | acquired | - | - | 497 | sr vp of sustainable growth |
2023-03-10 | CASELLA DOUGLAS R | acquired | - | - | 2,188 | vice chairman, bd of directors |
2023-03-10 | Drohan Kevin | acquired | - | - | 663 | vp & chief accounting officer |
Casella Waste Systems, Inc., together with its subsidiaries, operates as a vertically integrated solid waste services company in the northeastern United States. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, institutional, and industrial customers. The company provides a range of non-hazardous solid waste services, including collections, transfer stations, and disposal facilities. It also markets recyclable metals, aluminum, plastics, and paper and corrugated cardboard that are processed at its facilities, as well as recyclables purchased from third parties. In addition, the company is involved in commodity brokerage operations. As of January 31, 2022, it owned and/or operated 50 solid waste collection operations, 65 transfer stations, 23 recycling facilities, 8 Subtitle D landfills, 3 landfill gas-to-energy facilities, and 1 landfill permitted to accept construction and demolition materials. Casella Waste Systems, Inc. was founded in 1975 and is headquartered in Rutland, Vermont.
CWST Income Statement
2022-12-31CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Income Statement [Abstract] | |||
| Revenues | $ 1,085,089 | $ 889,211 | $ 774,584 |
| Operating expenses: | |||
| Cost of operations | 723,117 | 582,403 | 515,646 |
| General and administration | 133,419 | 118,834 | 102,410 |
| Depreciation and amortization | 126,351 | 103,590 | 90,782 |
| Expense from acquisition activities | 4,613 | 5,304 | 1,862 |
| Southbridge Landfill closure charge, net | 1,436 | 496 | 4,587 |
| Environmental remediation charge | 759 | 924 | 0 |
| Total operating expenses | 989,695 | 811,551 | 715,287 |
| Operating income | 95,394 | 77,660 | 59,297 |
| Other expense (income): | |||
| Interest income | (709) | (302) | (303) |
| Interest expense | 23,722 | 21,229 | 22,371 |
| Other income | (2,585) | (1,313) | (1,073) |
| Other expense, net | 20,428 | 19,614 | 20,995 |
| Income before income taxes | 74,966 | 58,046 | 38,302 |
| Provision (benefit) for income taxes | 21,887 | 16,946 | (52,804) |
| Net income | $ 53,079 | $ 41,100 | $ 91,106 |
| Basic earnings per share attributable to common stockholders: | |||
| Weighted average common shares outstanding | 51,623 | 51,312 | 48,793 |
| Basic earnings per common share (in dollars per share) | $ 1.03 | $ 0.80 | $ 1.87 |
| Diluted earnings per share attributable to common stockholders: | |||
| Weighted average common shares outstanding | 51,767 | 51,515 | 49,045 |
| Diluted earnings per common share (in dollars per share) | $ 1.03 | $ 0.80 | $ 1.86 |
CWST Balance Sheet
2022-12-31CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $ 71,152 | $ 33,809 |
| Accounts receivable, net of allowance for credit losses of $3,016 and $3,276, respectively | 100,886 | 86,979 |
| Prepaid expenses | 15,182 | 12,766 |
| Inventory | 13,472 | 9,729 |
| Other current assets | 6,787 | 3,196 |
| Total current assets | 207,479 | 146,479 |
| Property, plant and equipment, net of accumulated depreciation and amortization of $1,064,756 and $973,094, respectively | 720,550 | 644,604 |
| Operating lease right-of-use assets | 92,063 | 93,799 |
| Goodwill | 274,458 | 232,860 |
| Intangible assets, net | 91,783 | 93,723 |
| Restricted assets | 1,900 | 2,122 |
| Cost method investments | 10,967 | 11,264 |
| Deferred income taxes | 22,903 | 43,957 |
| Other non-current assets | 27,112 | 14,772 |
| Total assets | 1,449,215 | 1,283,580 |
| CURRENT LIABILITIES: | ||
| Current maturities of debt | 8,968 | 9,901 |
| Current operating lease liabilities | 7,000 | 7,307 |
| Accounts payable | 74,203 | 63,086 |
| Accrued payroll and related expenses | 23,556 | 22,210 |
| Accrued interest | 2,858 | 2,042 |
| Contract liabilities | 3,742 | 3,404 |
| Current accrued capping, closure and post-closure costs | 11,036 | 7,915 |
| Other accrued liabilities | 46,237 | 36,328 |
| Total current liabilities | 177,600 | 152,193 |
| Debt, less current portion | 585,015 | 542,503 |
| Operating lease liabilities, less current portion | 57,345 | 56,375 |
| Accrued capping, closure and post-closure costs, less current portion | 102,642 | 78,999 |
| Deferred income taxes | 437 | 868 |
| Other long-term liabilities | 28,276 | 30,185 |
| COMMITMENTS AND CONTINGENCIES | ||
| STOCKHOLDERS' EQUITY: | ||
| Additional paid-in capital | 661,761 | 652,045 |
| Accumulated deficit | (171,920) | (224,999) |
| Accumulated other comprehensive income (loss), net of tax | 7,542 | (5,103) |
| Total stockholders' equity | 497,900 | 422,457 |
| Total liabilities and stockholders' equity | 1,449,215 | 1,283,580 |
| Class A Common Stock | ||
| STOCKHOLDERS' EQUITY: | ||
| Common stock | 507 | 504 |
| Class B Common Stock | ||
| STOCKHOLDERS' EQUITY: | ||
| Common stock | $ 10 | $ 10 |