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Casella Waste Systems Inc. stock has reached a new 52-week low, trading at $92.63. With a market capitalization of $5.9 billion, the waste management company’s shares have declined 11.41% over the past 12 months. According to InvestingPro analysis, the stock’s RSI indicates oversold territory, suggesting potential value for technical traders. The waste management firm’s performance reflects broader market trends and potential sector-specific challenges that have impacted investor sentiment. Despite this downturn, Casella Waste Systems maintains strong operational metrics, with 20.35% revenue growth and a healthy current ratio of 1.7. InvestingPro analysis reveals 12 additional key insights about the company’s prospects, available in the comprehensive Pro Research Report.
In other recent news, Casella Waste Systems reported its Q2 2025 earnings, which showed a significant miss in earnings per share (EPS) despite surpassing revenue expectations. The company’s EPS was reported at $0.08, significantly below the forecasted $0.33, marking a surprise of -75.76%. However, revenue reached $465.3 million, exceeding the anticipated $454.35 million. In a related development, Jefferies adjusted its price target for Casella Waste Systems to $115.11 from $118.00, maintaining a Hold rating due to concerns over the company’s margin performance. This adjustment followed what Jefferies described as a "mixed quarter," where revenue exceeded expectations, but EBITDA and margins fell short. Additionally, Casella Waste Systems announced a leadership change, with John W. Casella transitioning from CEO to Executive Chairman of the Board, effective January 1, 2026. Edmond "Ned" Coletta, the current President, has been appointed as his successor.
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