Stock events for Casella Waste Systems, Inc. (CWST)
Over the past six months, Casella Waste Systems stock has experienced several notable events and trends. Following the Q3 2025 earnings report, the stock drifted up by 15.5% over the next 112 days. In Q4 2025, Casella met revenue expectations with sales up 9.7% year-over-year, and adjusted EPS exceeded analyst estimates. Casella completed nine acquisitions in fiscal year 2025, expanding its geographic footprint. JP Morgan initiated coverage with a Neutral recommendation, and UBS maintained a "Buy" rating. As of early March 2026, Casella Waste Systems has a consensus rating of "Moderate Buy" from analysts. As of early March 2026, CWST shares were priced around $93, down 18% over the past year. In February 2026, 4D Advisors reported a new position in Casella Waste Systems, acquiring 95,000 shares.
Demand Seasonality affecting Casella Waste Systems, Inc.’s stock price
Demand for Casella Waste Systems' products and services exhibits seasonality. The volume of waste decreases substantially during the winter months in the Northeastern United States. The company's operations can be adversely affected by periods of inclement or severe weather, which may increase operating costs and delay waste collection and disposal. Casella views challenging winter weather as a recurring seasonal factor and focuses on adaptation.
Overview of Casella Waste Systems, Inc.’s business
Casella Waste Systems, Inc. is a vertically integrated solid waste, recycling, and resource management services company headquartered in Rutland, Vermont. The company operates within the Environmental and Facilities Services sector, specifically in the Waste Management industry. Casella provides a comprehensive suite of resource management expertise and services to residential, commercial, municipal, institutional, and industrial customers. Its services include solid waste services such as collection and disposal, recycling services through MRFs, organics services including composting, resource solutions managing recycling and commodity brokerage, energy services with landfill gas-to-energy facilities, and special waste and professional services. Casella's business model emphasizes vertical integration, controlling the entire waste lifecycle from collection to final disposal and resource recovery.
CWST’s Geographic footprint
Casella Waste Systems primarily operates across the Northeastern United States and Mid-Atlantic regions. The company provides integrated solid waste services with operating locations in eleven states, including Vermont, New Hampshire, New York, Massachusetts, Connecticut, Maine, and Pennsylvania. Its operations are managed through regional operating segments: Eastern, Western, and Mid-Atlantic, with the Western region generating the most revenue. The company has also expanded into Pennsylvania, Delaware, Maryland, and parts of West Virginia, Ohio, and Kentucky through strategic acquisitions. As of early 2026, Casella operates approximately 47 solid waste collection operations, 58 transfer stations, 20 recycling facilities, eight Subtitle D landfills, three landfill gas-to-energy facilities, and one landfill permitted for construction and demolition (C&D) materials.
CWST Corporate Image Assessment
Casella Waste Systems has a strong brand reputation, bolstered by its comprehensive range of non-hazardous solid waste services and its commitment to environmental stewardship. The company's focus on improving customers' environmental footprints and meeting sustainability goals enhances customer loyalty and retention. The successful integration of acquisitions in fiscal year 2025 has demonstrated Casella's ability to expand its market share. The heightened focus on sustainability has increased demand for Casella's Resource Solutions segment. The company's consistent focus on operational efficiency and price-driven revenue growth contributes to a positive brand image.
Ownership
Casella Waste Systems, Inc. is overwhelmingly controlled by institutional investors. Institutions hold approximately 99.51% of the stock, with major holders including BlackRock, Inc., Vanguard Group Inc., and Wasatch Advisors Inc. Insider ownership is relatively low, at 3.81% of the stock, and insiders have sold more company stock than they have bought in the past three months.
