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WM Gears Up to Post Q4 Earnings: What Lies Ahead for the Stock?
ZACKS· 2025-01-24 16:25
WM (WM) is scheduled to release fourth-quarter 2024 results on Jan. 29, after market close.See Zacks Earnings Calendar to stay ahead of market-making news.WM’s earnings surprise history has been decent. It surpassed the Zacks Consensus Estimate in three of the trailing four quarters and met once, the average beat being 8.6%.WM’s Q4 ExpectationsThe Zacks Consensus Estimate for revenues is pegged at $5.9 billion, suggesting a 12.6% rise from the year-ago quarter’s actual. We expect top-line growth to have bee ...
Why Waste Management (WM) is a Top Value Stock for the Long-Term
ZACKS· 2025-01-24 15:41
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Styl ...
Wallbridge Announces 2025 Fenelon, Martiniere and Regional Exploration Programs
Globenewswire· 2025-01-22 12:00
Core Viewpoint - Wallbridge Mining Company Limited has announced its fully-funded 2025 technical studies and exploration programs at its Fenelon and Martiniere gold projects, along with regional gold targets in northwestern Quebec [1][2]. 2025 Program Overview - The 2025 program includes the completion of an updated Preliminary Economic Assessment (PEA) for the Fenelon project, continued exploration drilling at the Martiniere project, and generative exploration for new targets within its 830 km property along the Detour-Fenelon gold trend [2][3]. - The updated PEA for Fenelon will build on the previous PEA completed in June 2023, focusing on a phased development approach to optimize capital and operating costs [3][4]. Financial Position - Wallbridge's cash balance as of December 31, 2024, was $21.2 million, ensuring that the 2025 exploration program and technical studies are fully funded [4]. Exploration Focus - Approximately 65% to 80% of the planned drilling program in 2025 will target the Martiniere gold system, with the remaining 20% to 35% allocated to new discovery opportunities [5]. - The 2024 drilling program at Martiniere returned multiple high-grade gold intercepts, prompting an additional 10,000 to 15,000 meters of drilling in 2025 to further explore and potentially expand the mineral resource [6][7]. Regional Exploration - The company plans to conduct 3,000 to 5,000 meters of drilling and related field mapping regionally to discover new zones of gold mineralization along the Detour-Fenelon gold trend [8]. Resource Estimates - Wallbridge's Fenelon and Martiniere projects contain a combined 3.05 million ounces of indicated gold resources and 2.35 million ounces of inferred gold resources, with Fenelon projected to produce an average of 212,000 ounces of gold annually over 12 years according to the positive PEA [12].
Waste Management Stock is Consolidating: Buy, Hold, or Sell?
ZACKS· 2025-01-21 16:46
Core Viewpoint - Waste Management, Inc. (WM) has shown stagnant stock performance over the past 10 months, contrasting with modest industry gains, raising questions about its investment potential [1] Group 1: Company Performance - WM's stock price has not grown in the last 10 months, while competitors like Republic Services and Clean Harbors have seen significant increases of 12% and 24%, respectively [1] - The company has demonstrated consistent revenue growth, supported by a recession-resistant business model that ensures steady revenue streams [2] - WM's revenues and operating income have grown at a compound annual growth rate of 5.7% from 2019 to 2023, indicating solid financial performance [3] Group 2: Strategic Initiatives - WM has embraced sustainability initiatives, such as converting landfill gas into renewable energy, positioning itself as a leader in the green economy and attracting ESG-focused investors [3] - The company focuses on pricing and cost control to maintain healthy profit margins, optimizing routes and improving operational processes to reduce costs [4] - WM's recent acquisition of Stericycle is expected to enhance earnings and cash flows, with anticipated annual run-rate synergies exceeding $125 million [6] Group 3: Financial Metrics - WM has maintained a consistent dividend payment record since 1998, with dividends paid amounting to $970 million, $1.1 billion, and $1.14 billion in 2021, 2022, and 2023, respectively [5] - Despite promising growth prospects, WM's current valuation appears elevated, with a trailing 12-month Enterprise Value/EBITDA ratio of 15.11X, above the industry average of 12.88X [7] Group 4: Investment Outlook - WM is considered a solid long-term investment option due to its consistent revenue growth, robust dividend payouts, and focus on sustainability, despite its stock being currently overvalued [8] - The company is viewed as a dependable choice for risk-averse investors, allowing them to benefit from long-term stability and dividends while waiting for better entry points for additional investments [8]
Wallbridge Announces Option Agreement to Sell 100% Interest of Non-Core N2 Property to Formation Metals
Globenewswire· 2025-01-16 12:00
TORONTO, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQB:WLBMF) (“Wallbridge” or the “Company”) is pleased to announce that it has entered into an option agreement (the “Option Agreement”) with Formation Metals Inc. (CSE:FOMO) (“Formation”) granting Formation an option to acquire a one hundred percent (100%) ownership interest in and to the Company’s N2 property (the “Property”). Terms of the Option Agreement Pursuant to the Option Agreement, and subject to the approval of ...
Waste Management (WM) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2025-01-14 00:20
Waste Management (WM) closed the latest trading day at $207.53, indicating a +0.14% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.16%. Meanwhile, the Dow experienced a rise of 0.86%, and the technology-dominated Nasdaq saw a decrease of 0.38%.Shares of the garbage and recycling hauler have depreciated by 2.79% over the course of the past month, outperforming the Business Services sector's loss of 5.61% and lagging the S&P 500's loss of 2.2%.Investors ...
Here's Why Waste Management (WM) Gained But Lagged the Market Today
ZACKS· 2025-01-07 00:31
Waste Management (WM) ended the recent trading session at $201.76, demonstrating a +0.05% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.55% for the day. Meanwhile, the Dow lost 0.06%, and the Nasdaq, a tech-heavy index, added 1.24%.Investors will be eagerly watching for the performance of Waste Management in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on January 29, 2025. The company is expected to re ...
Waste Management: Time To Buy The Dip
Seeking Alpha· 2025-01-03 10:36
Waste Management (NYSE: WM ) is an industry leader in the waste collection and disposal industry. Partnering with their customers and communities throughout the North America, they manage and reduce waste, while recovering valuable resources and creating renewable energy. Waste ManagementI believe in fundamental analysis and disciplined market research. I have strong quant background with a Ph.D. (Chemical Engineering, University of California, Santa Barbara) in model predictive control and an MBA (Jones Sc ...
Waste Management (WM) is a Top-Ranked Growth Stock: Should You Buy?
ZACKS· 2024-12-24 15:45
Core Insights - The article discusses the Zacks Premium service, which provides tools and resources for investors to enhance their stock market knowledge and confidence [1][3] Zacks Style Scores - Zacks Style Scores are complementary indicators that rate stocks based on value, growth, and momentum methodologies, helping investors identify stocks with the best chances of outperforming the market in the short term [6] - Each stock is rated from A to F, with A indicating a higher likelihood of outperforming the market [7] - The Style Scores are categorized into Value Score, Growth Score, and Momentum Score, each focusing on different investment strategies [8][9] Investment Strategies - Value investors seek stocks trading below their true value using metrics like P/E and Price/Sales ratios [8] - Growth investors focus on a company's financial health and future outlook, analyzing projected earnings and cash flow [4] - Momentum traders capitalize on price trends, using recent price changes and earnings estimate shifts to guide their investments [9] Zacks Rank and Performance - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [11] - The Zacks Rank system categorizes stocks into five ranks, with over 800 stocks typically rated 1 or 2, making it essential for investors to filter through these options [12][13] Stock Highlight: Waste Management Inc. - Waste Management Inc. is a leading provider of waste management services in North America, offering a range of services including collection, recycling, and waste-to-energy solutions [16] - The company currently holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of B, indicating solid performance potential [17][18] - Recent upward revisions in earnings estimates suggest a positive outlook, with a consensus estimate of $7.32 per share for fiscal 2024 and an expected year-over-year earnings growth of 18.3% [20]
Wallbridge Reports 85% Gold Recovery from Martiniere Metallurgical Testing
Globenewswire· 2024-12-19 16:51
Core Insights - Wallbridge Mining Company Limited has reported positive results from its 2024 metallurgical testing program for the Martiniere Gold Project, achieving gold recoveries of up to 84.8% using conventional technologies [1][3][5] Metallurgical Testing Results - The metallurgical testing program evaluated gold recoveries from various grind sizes and processing technologies, with a composite sample collected from five drill holes along the Bug Lake zone [2][4] - The average grade of the composite sample was 3.21 g/t Au, with specific recoveries including 18.5% from gravity separation at a P80 grind size of 150 μm, and 89.5% from flotation at a P80 grind size of 83 μm [4][5] - Cyanidation testing yielded maximum recoveries of 68.2% from flotation tailings and 62.0% to 82.9% from re-ground sulfide concentrates at P80 sizes of 29 μm and 16 μm respectively [4][5] Processing Cycle - An average gold recovery of 84.8% was achieved after a 48-hour processing cycle that combined gravity recovery, sulfide flotation, regrind of sulfide concentrate to P80 at 16 μm, and cyanidation of both sulfide concentrate and residual flotation tailings [5][6] Company Overview - Wallbridge Mining is focused on the exploration and sustainable development of gold projects in Québec's Northern Abitibi region, with significant resources at its Fenelon and Martiniere projects, totaling 3.05 million ounces of indicated gold resources and 2.35 million ounces of inferred resources [13][14]