HBK Sorce Advisory LLC Announces Impressive Growth in Casella Waste Systems,
May 20, 2023
Trending News ☀️
On May 13, 2023, the renowned HBK Sorce Advisory LLC announced their impressive growth in Casella Waste Systems ($NASDAQ:CWST), Inc., a leading provider of integrated waste management services. Their wide range of services include curbside collection and disposal, recycling, composting, and hazardous and special waste. Their focus on sustainability and resource recovery has made them the go-to provider of integrated waste management solutions for businesses of all sizes. With HBK Sorce Advisory LLC’s announcement, the company is poised to make a major impact in the industry. This is evident in their expanding portfolio of services, which include more efficient collection and disposal practices, innovative recycling technologies, and the promotion of sustainable lifestyles through educational campaigns.
The company has consistently posted strong revenue and earnings growth over the past year, and is expected to continue to do so in the foreseeable future. Their stock price has also seen an impressive increase, making it one of the most attractive investments in the industry. All in all, the expansion of Casella Waste Systems, Inc. is a testament to the company’s commitment to providing quality waste management services while promoting sustainability. With the support of HBK Sorce Advisory LLC’s investment, it looks like Casella Waste Systems, Inc. will continue to be one of the top providers of integrated waste management solutions for years to come.
Share Price
On Monday, shares of Casella Waste Systems, Inc. (CWST) opened at $94.4 and closed at $95.5, representing a 1.0% increase from the previous closing price of $94.5. As a result of their success, Casella Waste Systems, Inc. has become a leader in the industry and has achieved impressive growth over the past few years. The recent news from HBK Sorce Advisory LLC is an indication of the success of the company’s operations and its potential for further growth in the future. The confirmation from HBK Sorce Advisory LLC also serves as a testament to the long-term sustainability of Casella Waste Systems, Inc., which is an important factor for investors to consider when looking at investing in the stock. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CWST. More…
| Total Revenues | Net Income | Net Margin |
| 1.11k | 52.44 | 5.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CWST. More…
| Operations | Investing | Financing |
| 208.68 | -162.12 | 1.08 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CWST. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.42k | 918.24 | 9.67 |
Key Ratios Snapshot
Some of the financial key ratios for CWST are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.5% | 16.3% | 8.7% |
| FCF Margin | ROE | ROA |
| 6.5% | 12.2% | 4.3% |
Analysis
We recently completed an analysis of CASELLA WASTE SYSTEMS’s wellbeing. Our Risk Rating system assigns a medium score to this company, meaning that it is a medium risk investment from both financial and business perspectives. However, we did detect one risk warning in their income sheet. To access further information on this, make sure to register with us. This will allow you to view further details about the company and make an informed investment decision. 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
HBK Sorce Advisory LLC’s investment analysis of Casella Waste Systems, Inc. on May 13, 2023 shows impressive gains in the company’s stock and performance. Their research suggests that Casella’s dedication to waste management solutions and sustainability initiatives have grown significantly since the start of the year, benefiting investors with a positive return. The HBK Sorce Advisory team also cited Casella’s commitment to innovation and customer service as drivers of their success, with the company’s stock expected to continue to rise in value in the coming months.
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