Casella Waste Systems shares fell 25% over the past year, with the Osterweis Opportunity Fund citing market neglect as the primary reason. The fund noted that investors focused on AI infrastructure and defense stocks during the quarter, while a conservative guidance from the new CEO disappointed fast-money investors. Despite the underperformance, the fund remains confident in the company's ability to compound revenue at a double-digit pace and grow operating profits even faster. Casella Waste Systems reported first-quarter 2026 revenue of $457.3 million, a 9.6% year-over-year increase, and its market capitalization stood at $5.53 billion as of June 18, 2026.
Casella Waste Systems IncConservative guidance from new CEO disappointed fast-money investors, causing stock decline.