Reviewing Casella Waste Systems (NASDAQ:CWST) and Greenwave Technology Solutions (NASDAQ:GWAV)

Casella Waste Systems (NASDAQ:CWST – Get Free Report) and Greenwave Technology Solutions (NASDAQ:GWAV – Get Free Report) are both industrials companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, profitability, dividends, institutional ownership, valuation, analyst recommendations and risk.

Insider & Institutional Ownership

99.5% of Casella Waste Systems shares are owned by institutional investors. Comparatively, 15.6% of Greenwave Technology Solutions shares are owned by institutional investors. 3.8% of Casella Waste Systems shares are owned by company insiders. Comparatively, 4.0% of Greenwave Technology Solutions shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Volatility & Risk

Casella Waste Systems has a beta of 0.78, suggesting that its stock price is 22% less volatile than the S&P 500. Comparatively, Greenwave Technology Solutions has a beta of 0.24, suggesting that its stock price is 76% less volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and recommmendations for Casella Waste Systems and Greenwave Technology Solutions, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Casella Waste Systems 1 3 4 1 2.56
Greenwave Technology Solutions 1 0 0 0 1.00

Casella Waste Systems currently has a consensus target price of $105.83, suggesting a potential upside of 13.40%. Given Casella Waste Systems’ stronger consensus rating and higher probable upside, analysts clearly believe Casella Waste Systems is more favorable than Greenwave Technology Solutions.

Profitability

This table compares Casella Waste Systems and Greenwave Technology Solutions’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Casella Waste Systems 0.29% 5.32% 2.49%
Greenwave Technology Solutions -27.67% -64.32% -30.24%

Valuation and Earnings

This table compares Casella Waste Systems and Greenwave Technology Solutions”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Casella Waste Systems $1.96 billion 3.04 $7.87 million $0.09 1,037.00
Greenwave Technology Solutions $60.60 million 0.03 -$21.60 million ($21.77) -0.09

Casella Waste Systems has higher revenue and earnings than Greenwave Technology Solutions. Greenwave Technology Solutions is trading at a lower price-to-earnings ratio than Casella Waste Systems, indicating that it is currently the more affordable of the two stocks.

Summary

Casella Waste Systems beats Greenwave Technology Solutions on 14 of the 15 factors compared between the two stocks.

About Casella Waste Systems

(Get Free Report)

Casella Waste Systems, Inc., together with its subsidiaries, operates as a vertically integrated solid waste services company in the United States. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, institutional, and industrial customers. The company provides non-hazardous solid waste services, including collections, transfer stations, recycling, and disposal operations. In addition, it markets materials, including fibers, corrugated cardboard, newsprint, plastics, glass, ferrous, and aluminum metals. Casella Waste Systems, Inc. was founded in 1975 and is headquartered in Rutland, Vermont.

About Greenwave Technology Solutions

(Get Free Report)

Greenwave Technology Solutions, Inc., through its subsidiary, operates metal recycling facilities in Virginia, Ohio, and North Carolina. The company collects, classifies, and processes appliances, construction materials, end-of-life vehicles, boats, and industrial machinery. It is also involved in the purchasing and sale of processed and unprocessed scrap metals; and operation of automotive shredders. In addition, the company process nonferrous metals, such as aluminum, copper, stainless steel, nickel, brass, titanium, lead, alloys, and mixed metal products; and sells catalytic converters recovered from end-of-life vehicles to processors that extracts nonferrous precious metals comprising platinum, palladium, and rhodium. It serves large corporations, industrial manufacturers, retail customers, and government organizations. The company was formerly known as MassRoots, Inc and changed its name to Greenwave Technology Solutions, Inc. in October 2021. Greenwave Technology Solutions, Inc. was founded in 2002 and is headquartered in Chesapeake, Virginia.

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