Casella Operating Margin from 2010 to 2024
| CWST Stock | USD 90.06 4.26 4.52% |
Check Casella Waste financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Casella main balance sheet or income statement drivers, such as Depreciation And Amortization of 205.7 M, Interest Expense of 29.6 M or Selling General Administrative of 163.6 M, as well as many exotic indicators such as Price To Sales Ratio of 3.92, Dividend Yield of 0.0 or PTB Ratio of 4.85. Casella financial statements analysis is a perfect complement when working with Casella Waste Valuation or Volatility modules.
Casella | Operating Margin |
Latest Casella Waste's Operating Margin Growth Pattern
Below is the plot of the Operating Profit Margin of Casella Waste Systems over the last few years. It is Casella Waste's Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Casella Waste's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.03 % | 10 Years Trend |
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Operating Profit Margin |
| Timeline |
Casella Operating Margin Regression Statistics
| Arithmetic Mean | 0.05 | |
| Geometric Mean | 0.05 | |
| Coefficient Of Variation | 67.30 | |
| Mean Deviation | 0.03 | |
| Median | 0.07 | |
| Standard Deviation | 0.04 | |
| Sample Variance | 0 | |
| Range | 0.1119 | |
| R-Value | 0.55 | |
| Mean Square Error | 0.001 | |
| R-Squared | 0.30 | |
| Significance | 0.03 | |
| Slope | 0 | |
| Total Sum of Squares | 0.02 |
Casella Operating Margin History
About Casella Waste Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Casella Waste income statement, its balance sheet, and the statement of cash flows. Casella Waste investors use historical funamental indicators, such as Casella Waste's Operating Margin, to determine how well the company is positioned to perform in the future. Although Casella Waste investors may use each financial statement separately, they are all related. The changes in Casella Waste's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Casella Waste's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Casella Waste Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Casella Waste. Please read more on our technical analysis and fundamental analysis pages.
Casella Waste Systems, Inc., together with its subsidiaries, operates as a vertically integrated solid waste services company in the northeastern United States. Casella Waste Systems, Inc. was founded in 1975 and is headquartered in Rutland, Vermont. Casella Waste operates under Waste Management classification in the United States and is traded on NASDAQ Exchange. It employs 2900 people.
Pair Trading with Casella Waste
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Casella Waste position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Casella Waste will appreciate offsetting losses from the drop in the long position's value.Moving together with Casella Stock
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| 0.81 | LZ | LegalZoom Financial Report 14th of May 2024 | PairCorr |
| 0.9 | MG | Mistras Group | PairCorr |
Moving against Casella Stock
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| 0.64 | VRSK | Verisk Analytics Financial Report 1st of May 2024 | PairCorr |
| 0.62 | DLHC | DLH Holdings Corp Earnings Call This Week | PairCorr |
| 0.5 | FA | First Advantage Corp Financial Report 8th of May 2024 | PairCorr |
| 0.47 | FC | Franklin Covey Financial Report 26th of June 2024 | PairCorr |
The ability to find closely correlated positions to Casella Waste could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Casella Waste when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Casella Waste - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Casella Waste Systems to buy it.
The correlation of Casella Waste is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Casella Waste moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Casella Waste Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Casella Waste can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Casella Waste Correlation against competitors. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary 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.
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Is Casella Waste's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Casella Waste. If investors know Casella will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Casella Waste listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.29) | Earnings Share 0.46 | Revenue Per Share 23.669 | Quarterly Revenue Growth 0.299 | Return On Assets 0.032 |
The market value of Casella Waste Systems is measured differently than its book value, which is the value of Casella that is recorded on the company's balance sheet. Investors also form their own opinion of Casella Waste's value that differs from its market value or its book value, called intrinsic value, which is Casella Waste's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Casella Waste's market value can be influenced by many factors that don't directly affect Casella Waste's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Casella Waste's value and its price as these two are different measures arrived at by different means. Investors typically determine if Casella Waste is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Casella Waste's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.