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, 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 April 15, 2021, it owned and/or operated 46 solid waste collection operations, 58 transfer stations, 20 recycling facilities, 8 Subtitle D landfills, 4 landfill gas-to-energy facilities, and 1 landfill permitted to accept construction and demolition materials. The company was founded in 1975 and is headquartered in Rutland, Vermont.
IPO Year: 1997
Exchange: NASDAQ
Website: casella.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/23/2025 | $115.00 → $113.00 | Buy → Hold | Jefferies |
| 10/3/2024 | Outperform | William Blair | |
| 5/23/2024 | Hold | Deutsche Bank | |
| 11/27/2023 | $95.00 | Overweight | Wells Fargo |
| 10/17/2023 | $96.00 | Outperform | Wolfe Research |
| 9/15/2023 | $100.00 | Buy | Goldman |
| 1/13/2023 | $87.00 → $81.00 | Neutral → Underperform | BofA Securities |
| 1/10/2023 | $90.00 → $95.00 | Neutral → Buy | UBS |
| 10/25/2022 | $103.00 → $95.00 | Buy | Jefferies |
| 2/22/2022 | $95.00 → $92.00 | Strong Buy | Raymond James |
Jefferies downgraded Casella Waste from Buy to Hold and set a new price target of $113.00 from $115.00 previously
William Blair initiated coverage of Casella Waste with a rating of Outperform
Deutsche Bank initiated coverage of Casella Waste with a rating of Hold
Wells Fargo initiated coverage of Casella Waste with a rating of Overweight and set a new price target of $95.00
Wolfe Research initiated coverage of Casella Waste with a rating of Outperform and set a new price target of $96.00
Goldman initiated coverage of Casella Waste with a rating of Buy and set a new price target of $100.00
BofA Securities downgraded Casella Waste from Neutral to Underperform and set a new price target of $81.00 from $87.00 previously
UBS upgraded Casella Waste from Neutral to Buy and set a new price target of $95.00 from $90.00 previously
Jefferies resumed coverage of Casella Waste with a rating of Buy and set a new price target of $95.00 from $103.00 previously
Raymond James reiterated coverage of Casella Waste Systems with a rating of Strong Buy and set a new price target of $92.00 from $95.00 previously