JP Morgan has initiated coverage on Casella Waste Systems Inc (CWST) with a Neutral rating, marking the firm's first assessment of the company’s investment potential. This decision reflects an analysis of the business, industry dynamics, and growth prospects within the commercial services and supplies sector.
Headquartered in Rutland, Vermont, Casella Waste Systems provides solid waste management services, employing approximately 5,100 full-time staff. The firm operates across eastern Pennsylvania and western New Jersey, managing solid waste operations through three geographic segments: Eastern, Western, and Mid-Atlantic regions. Additionally, the company offers resource management services, which leverage its expertise in materials processing and recycling.
As of December 9, 2025, Casella Waste Systems has a market capitalization of $6.3 billion, with a trailing P/E ratio of 411.55 and an EPS of 0.24. Upcoming earnings are anticipated on July 29, 2026, with an estimated EPS of $0.40 and revenue of $508.7 million.
Analyst ratings and price targets are based on research and financial models, providing insights that may help inform investment decisions. However, such assessments rely on assumptions that may not always materialize. Investors are advised to consider a range of factors, including company fundamentals and industry trends, when evaluating their options. Analyst opinions can also shift over time as new information emerges, highlighting the need for ongoing evaluation.
In recent analyst actions, JP Morgan's new Neutral rating follows a consensus of 6 Strong Buy, 6 Buy, 4 Hold, and 1 Sell ratings among 17 total analysts, indicating a general positive outlook on the stock.