$CWST

JPMorgan analysts predict GFL Environmental will reject private equity buyout offers and recommend shorting its shares while buying Casella Waste Systems. GFL's board is reviewing offers after its share price dropped. GFL shares rose 18% since July, closing at $45.56. Casella shares jumped 11% after activist pressure. JPMorgan's target price for Casella is $99, with potential for $120 in a takeover.

A Maine judge upheld the state's approval of the Juniper Ridge Landfill expansion, operated by Casella Waste Systems, despite opposition from environmental groups. The expansion would add 12 million cubic yards of capacity. Casella welcomed the ruling, while opponents plan to continue their fight, citing environmental concerns. Additional approvals are still needed before construction can proceed.

UBS downgraded Casella Waste Systems (CWST) to Neutral from Buy, cutting its price target to $95 from $122. The downgrade reflects reduced M&A activity and lower earnings outlook. CWST's stock trades at $93.07, with a market cap of $5.92 billion. UBS lowered its target EV/EBITDA multiple to 14x from 17x, citing reduced acquisition-driven growth prospects. Despite beating Q2 2026 earnings and revenue estimates, CWST's stock declined due to margin and fuel cost concerns.

Penobscot County Superior Court ruled in favor of state regulators, allowing Juniper Ridge Landfill's expansion by 11.9 million cubic yards. The landfill, operated by Casella Waste Systems, faces PFAS contamination concerns. Casella plans to relocate the treatment system to another landfill. Opponents, including CLF and Penobscot Nation, express health and environmental concerns and are evaluating next steps.

Casella Waste Systems (CWST) shares rose 4% after Jana Partners disclosed a stake and called for operational improvements. Jana wants CWST to boost profit margins to 27% by 2029 and align compensation with shareholder value. The company's market cap is $5.6B, and its shares have fallen 11% this year. Jana also suggested hiring a consulting firm to improve performance.

Clean Harbors (CLH) reported Q2 revenue of $1.74B, up 11.9% YoY, beating estimates. Perma-Fix (PESI) saw revenue decline 11.7% YoY. Republic Services (RSG) reported $4.43B in revenue, up 4.6% YoY. Onterris (ONT) reported a 20.4% YoY revenue decline. Stocks reacted accordingly to earnings reports.

Casella Waste Systems (CWST) will release Q3 2026 earnings after market close on Nov. 9, 2026. A conference call is scheduled for Nov. 10, 2026, at 10:00 a.m. ET. Details and webcast access are available on the company's website.

Wasatch Advisors reported a 4.9% stake in Casella Waste Systems (CWST), owning 3,056,089 shares as of September 30, 2026, with sole voting and dispositive power over all shares. The stake falls within the 5%-or-less ownership category.

Casella Waste Systems (CWST) will close its Bethlehem landfill by year-end, earlier than the 2027 plan. The decision follows an evaluation of airspace, fill rates, and operational factors. Concord's waste is now sent to a Wheelabrator incinerator. Casella agreed to a $1.9M penalty for landfill violations.

Casella Waste Systems (CWST) received approval to expand its Hakes landfill, adding disposal capacity and environmental infrastructure. The stock rose 6.02% on the news but is down 16.10% year-to-date. Analysts debate its valuation, with fair value estimates at $111, while P/S ratio suggests overvaluation. Investors weigh growth potential against margin pressures.