CWST Intrinsic Stock Value – TimesSquare Capital Management LLC decreases holdings in Casella Waste Systems by 6.6% in third quarter

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Casella Waste Systems ($NASDAQ:CWST), Inc. is a leading integrated waste management company that provides collection, transfer, disposal, and recycling services to customers throughout the United States. The company’s stock is listed on the Nasdaq under the ticker symbol CWST and has been steadily growing over the years.

However, in the third quarter of this year, Casella Waste Systems experienced a decrease in investment from one of its major investors, TimesSquare Capital Management LLC. This decrease in ownership represents a significant shift for the company, as TimesSquare Capital Management LLC previously held a large stake in Casella Waste Systems. The reasons behind this decrease in investment are not explicitly stated in the filings. However, it could be attributed to various factors such as changes in market conditions, fluctuations in the company’s financial performance, or a shift in investment strategies by TimesSquare Capital Management LLC. Regardless of the specific reason, this decrease in holdings by a major investor could have an impact on Casella Waste Systems’ future. It is worth noting that despite this decrease in investment, Casella Waste Systems has still reported strong financial results for the third quarter.

Additionally, its net income also saw a significant increase, showcasing the company’s ability to effectively manage its operations and generate profits. In conclusion, while TimesSquare Capital Management LLC’s decision to decrease its holdings in Casella Waste Systems may have raised some questions, the company’s strong financial performance in the third quarter suggests that it remains a solid investment opportunity. As Casella Waste Systems continues to grow and expand its services, it will be interesting to see how this change in ownership may further impact its stock in the future.

Analysis – CWST Intrinsic Stock Value

As part of our analysis at GoodWhale, we took a deep dive into the well-being of CASELLA WASTE SYSTEMS. Our team evaluated the company’s financials, market trends, and other factors to determine the fair value of its shares. Based on our proprietary Valuation Line, we estimate that the fair value of CASELLA WASTE SYSTEMS stock is around $89.1. This calculation takes into account various metrics such as the company’s earnings, growth potential, and industry standards. Currently, CASELLA WASTE SYSTEMS stock is trading at $106.59, which means it is overvalued by 19.6%. This suggests that investors are paying more for the stock than its true worth according to our analysis. While this may indicate that the stock is currently overpriced, it is important to note that market conditions and investor sentiment can also impact a company’s stock price. As such, it is always recommended to conduct thorough research and consult with a financial advisor before making any investment decisions. Overall, our analysis suggests that while CASELLA WASTE SYSTEMS may be a solid company with potential for growth, its current stock price may not accurately reflect its fair value. As always, we advise investors to carefully consider all factors before investing in any stock. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for CWST. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for CWST. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for CWST. More…

Key Ratios Snapshot

Some of the financial key ratios for CWST are shown below. More…

Peers

The competition among Casella Waste Systems Inc and its competitors is fierce. Each company is vying for a share of the waste management market, and each has its own strengths and weaknesses.

However, it faces competition from smaller, more nimble companies such as Renewi PLC and Waste Connections Inc. Macau Capital Investments Inc is a new entrant to the market, and it is unclear how it will impact the competition.

– Renewi PLC ($LSE:RWI)

Renewi PLC is a British-Dutch multinational waste management company headquartered in London, United Kingdom. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The company was formed in 2016 from the merger of Shanks Group plc and Van Gansewinkel Groep B.V.

Renewi PLC has a market cap of 430.77M as of 2022 and a Return on Equity of 26.36%. The company is involved in the business of waste management and provides services such as waste collection, treatment, and disposal.

– Waste Connections Inc ($NYSE:WCN)

Waste Connections, Inc. is an integrated solid waste services company that provides waste collection, transfer, disposal and recycling services in mostly exclusive and secondary markets in the United States. The Company’s segments include: Western Canada, which consists of the Company’s operations in the provinces of British Columbia, Alberta, and Saskatchewan; Eastern Canada, which consists of the Company’s operations in the provinces of Ontario and Quebec; Central Canada, which consists of the Company’s operations in Manitoba; and the United States.

Summary

TimesSquare Capital Management LLC, a global investment management firm, recently decreased its holdings in Casella Waste Systems, Inc. by 6.6% during the third quarter. This move may suggest that the firm is not confident in the future performance of Casella Waste Systems and has reduced its exposure to the company. This investing analysis could be a red flag for other investors to closely monitor the company’s financial health and performance in the coming months. It also highlights the importance of conducting thorough research and analysis before making any investment decisions.