Casella Waste Systems, Inc. (CWST) Stock Analysis
Range Bound setup
Industrials · Waste Management
Sell if holding. Engine safety override at $84.40: Quality below floor (3.8 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.1/10 and A.R:R 2.1:1 is above the 1.5:1 BUY gate. Specifically: Elevated put/call ratio: 2.46; Below-average business quality; Negative price momentum.
Casella Waste Systems is a vertically integrated regional solid waste company serving New England, New York, and Mid-Atlantic states through Eastern, Western, Mid-Atlantic, and Resource Solutions segments, with 2025 revenues of approximately $1.84B across the four segments.... Read more
Sell if holding. Engine safety override at $84.40: Quality below floor (3.8 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.1/10 and A.R:R 2.1:1 is above the 1.5:1 BUY gate. Specifically: Elevated put/call ratio: 2.46; Below-average business quality; Negative price momentum. Chart setup: RSI 40 mid-range, Bollinger mid-band. Score 5.1/10, moderate confidence.
Passes 6/9 gates (favorable risk/reward ratio, clean insider activity, news events none recent, earnings proximity 51d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and death cross (50MA < 200MA). Suitability: moderate.
About Casella Waste Systems, Inc.
About Casella Waste Systems, Inc.
Casella Waste Systems generated approximately $1.84 billion in total revenues in fiscal year 2025 across 11 northeastern U.S. states, split among four segments: Western ($663 million), Eastern ($473 million), Resource Solutions ($360 million), and Mid-Atlantic ($341 million). The company employed approximately 5,600 people as of January 2026, about 270 covered by collective bargaining agreements, and collection pricing advanced 5.0% in fiscal 2025.
Casella earns revenue through per-route collection fees under one-to-five year commercial service agreements and per-ton tipping fees at its nine Subtitle D and C&D landfills and 72 transfer stations. A floating energy and environmental fee program partially offsets diesel exposure; the company consumed about 15 million gallons of diesel in solid waste operations in fiscal 2025. The recycling business deploys a sustainability recycling adjustment fee that floats inversely with commodity prices, reducing downside exposure to paper, plastics, and metals market cycles. Municipal collection contracts are subject to periodic competitive bidding and compete against larger national operators with significantly greater financial resources, including those with adjacent market positions in the Northeast. Casella closed nine acquisitions in fiscal 2025 with over $110 million in total annualized revenues.
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Operations and customers are concentrated principally in New England, New York, Pennsylvania, and other Mid-Atlantic states, making results susceptible to regional economic cycles and weather events. Near-term disposal capacity constraints compound this concentration: the 10-K discloses that Casella expects to consume all remaining permitted capacity at the NCES Landfill in Bethlehem, New Hampshire during fiscal year 2027, while the landfill under development in Dalton, New Hampshire is unlikely to be permitted and operational by that deadline. The Ontario County Landfill in Seneca, New York is set to close at the end of fiscal year 2028 when its 25-year operating agreement expires.
See also: Industrials · Waste Management
From Casella Waste Systems, Inc.'s most recent 10-K filing, extracted June 9, 2026.
Recent developments
updated 2026-06-09Recent Developments — Casella Waste Systems, Inc.
Latest news
- NEWS Barclays Upgrades Casella Waste Systems to Overweight, Raises Price Target to $102 — benzinga May 4, 2026 positive
- NEWS Casella Waste Systems Raises FY2026 Sales Guidance from $1.970B-$1.990B to $2.060B-$2.080B vs $2.007B Est — benzinga Apr 30, 2026 positive
- NEWS Casella Waste Sys Q1 Adj. EPS $0.20 Beats $0.10 Estimate, Sales $457.300M Beat $454.565M Estimate — benzinga Apr 30, 2026 positive
- NEWS Earnings Scheduled For April 30, 2026 — benzinga Apr 30, 2026 neutral
Generated 2026-06-15T18:11:46Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHGeographicNew England, New York, Pennsylvania and other Mid-Atlantic states10-K Item 1A: 'Our operations and customers are concentrated principally in New England, New York, Pennsylvania and other Mid-Atlantic states'
Material Events(8-K, last 90d)
- 2026-03-10Item 5.02MEDIUMSVP and COO of Solid Waste Operations Sean Steves resigned effective March 20, 2026 to pursue other opportunities. Company initiated search for successor. No disagreement with operations, policies, or practices cited.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers
Quality below the gate floor. Component breakdown shows what dragged the score down.static
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $84.40: Quality below floor (3.8 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.1/10 and A.R:R 2.1:1 is above the 1.5:1 BUY gate. Specifically: Elevated put/call ratio: 2.46; Below-average business quality; Negative price momentum. Chart setup: RSI 40 mid-range, Bollinger mid-band. Prior stop was $78.66. Score 5.1/10, moderate confidence.
Take-profit target: $97.44 (+15.2% upside). Prior stop was $78.66. Stop-loss: $78.66.
Concentration risk — Geographic: New England, New York, Pennsylvania and other Mid-Atlantic states; Quality below floor (3.8 < 4.0).
Casella Waste Systems, Inc. trades at a P/E of 768.9 (forward 56.4). TrendMatrix value score: 6.1/10. Verdict: Sell.
18 analysts cover CWST with a consensus score of 4.1/5. Average price target: $112.
What does Casella Waste Systems, Inc. do?Casella Waste Systems is a vertically integrated regional solid waste company serving New England, New York, and...
Casella Waste Systems is a vertically integrated regional solid waste company serving New England, New York, and Mid-Atlantic states through Eastern, Western, Mid-Atlantic, and Resource Solutions segments, with 2025 revenues of approximately $1.84B across the four segments. Revenue comes from collection, disposal tipping fees, recycling, and organics services under multi-year contracts with commercial, municipal, and residential customers. The company has made 76 acquisitions since 2018 and operates 9 landfills across the Northeast.