Three Reasons to Avoid CWST and One Stock to Buy Instead
| CWST Stock | USD 105.97 0.58 0.55% |
Slightly above 54% of Casella Waste's investor base is interested to short. The analysis of overall sentiment of trading Casella Waste Systems stock suggests that many investors are impartial at this time. Casella Waste's investing sentiment can be driven by a variety of factors including economic data, Casella Waste's earnings reports, geopolitical events, and overall market trends.
Casella |
Casella Waste Systems trades at 104.48 and has moved in lockstep with the market. Its shares have returned 6.3 percent over the last six months while the SP 500 has gained 6.
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Casella Waste Systems Current Investor Sentiment
Panic Vs Confidence
46
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Casella Waste's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Casella Waste Systems.
News SentimentNeutral | Hype SentimentNeutral | Insider SentimentDisposing |
Casella Waste Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Casella Waste can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Casella Waste Fundamental Analysis
We analyze Casella Waste's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Casella Waste using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Casella Waste based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Per Share
Cash Per Share Comparative Analysis
Casella Waste is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Casella Waste Systems Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Casella Waste stock to make a market-neutral strategy. Peer analysis of Casella Waste could also be used in its relative valuation, which is a method of valuing Casella Waste by comparing valuation metrics with similar companies.
Peers
Casella Waste Related Equities
| WM | Waste Management | 0.15 | ||||
| WCN | Waste Connections | 0.09 | ||||
| RSG | Republic Services | 0.11 | ||||
| GFL | Gfl Environmental | 0.44 | ||||
| CLH | Clean Harbors | 1.31 | ||||
| MEG | Montrose Environmental | 2.15 |
Additional Tools for Casella Stock Analysis
When running Casella Waste's price analysis, check to measure Casella Waste's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Casella Waste is operating at the current time. Most of Casella Waste's value examination focuses on studying past and present price action to predict the probability of Casella Waste's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Casella Waste's price. Additionally, you may evaluate how the addition of Casella Waste to your portfolios can decrease your overall portfolio volatility.