Subdued Growth No Barrier To Casella Waste Systems, Inc.’s (NASDAQ:CWST) Price

Casella Waste Systems, Inc.’s (NASDAQ:CWST) price-to-earnings (or “P/E”) ratio of 78.6x might make it look like a strong sell right now compared to the market in the United States, where around half of the companies have P/E ratios below 18x and even P/E’s below 10x are quite common. However, the P/E might be quite high for a reason and it requires further investigation to determine if it’s justified.
With its earnings growth in positive territory compared to the declining earnings of most othe…

Click here to view the original article.