Waste Management(WM)
Search documents
Why Waste Management (WM) Outpaced the Stock Market Today
ZACKS· 2025-10-08 23:15
Core Insights - Waste Management (WM) stock increased by 1.11% to $219.98, outperforming the S&P 500 which gained 0.58% on the same day [1] - Over the past month, WM stock has decreased by 0.73%, underperforming the Business Services sector's loss of 0.07% and the S&P 500's gain of 3.68% [1] Earnings Forecast - WM is expected to report earnings on October 27, 2025, with a forecasted EPS of $2.03, reflecting a 3.57% increase from the same quarter last year [2] - Revenue is projected to be $6.49 billion, indicating a growth of 15.77% compared to the same quarter last year [2] - For the full year, earnings are estimated at $7.57 per share and revenue at $25.37 billion, representing increases of 4.7% and 14.97% respectively from the previous year [3] Analyst Revisions - Recent revisions to analyst forecasts for WM are important as they reflect changes in short-term business dynamics, with positive revisions indicating optimism about the business outlook [4] - Adjustments in estimates are correlated with stock price performance, and investors can utilize the Zacks Rank for actionable insights [5] Zacks Rank and Valuation - WM currently holds a Zacks Rank of 3 (Hold), with a recent upward shift of 0.45% in the consensus EPS estimate [6] - The Forward P/E ratio for WM is 28.72, which is lower than the industry average of 30.49, suggesting that WM is trading at a discount [7] - WM has a PEG ratio of 2.66, compared to the industry average PEG ratio of 2.55 [8] Industry Context - The Waste Removal Services industry, part of the Business Services sector, ranks 169 in the Zacks Industry Rank, placing it in the bottom 32% of over 250 industries [9] - The top 50% rated industries tend to outperform the bottom half by a factor of 2 to 1 [9]
Stifel Initiates Coverage on Waste Management, Inc. (WM) with Buy Rating and $252 PT
Yahoo Finance· 2025-10-08 14:04
Group 1 - Waste Management, Inc. (NYSE:WM) has garnered significant hedge fund interest and is trending on Reddit, earning a place on the list of the 10 Best Non-Tech Stocks to Buy According to Reddit [1] - Stifel initiated coverage on Waste Management, Inc. with a Buy rating and a price target of $252, anticipating strong free cash flow growth in 2026 and 2027 driven by recycling and renewable gas projects, lower capital intensity, and cost synergies from the Stericycle acquisition [2] - The company's business strategy focuses on delivering steady shareholder returns through share repurchases and increases in per-share metrics, with Stifel predicting free cash flow to compound at an upper 5% annual rate beyond 2027 [3] Group 2 - Waste Management, Inc. provides a diverse range of environmental services, including WM Renewable Energy, WM Healthcare Solutions, Recycling Processing and Sales, as well as Collection and Disposal, positioning it as one of the Best Non-Tech Stocks [4]
Wallbridge Receives $4.7M of Quebec Refundable Investment Tax Credits
Globenewswire· 2025-10-08 12:51
TORONTO, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQB: WLBMF) (“Wallbridge” or the “Company”) is pleased to announce that it received $4.7 million of cash refunds with respect to its 2024 Quebec Tax Credit Relating to Resources (“TCRR”) that were claimed on its 2024 Quebec income tax return. The government of Quebec supports mineral exploration within the province. One incentive that Wallbridge is entitled to receive is a tax credit that refunds a portion of eligible e ...
Wallbridge To Host Webinar on October 9th at 12PM ET
Globenewswire· 2025-10-06 14:02
WEBINAR: October 9th, 2025 @ 12:00 PM ET Register here: https://6ix.com/event/wallbridge-mining-2025-fall-corporate-update TORONTO, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQB: WLBMF) (“Wallbridge” or the “Company”) invites shareholders, and interested members of the public to join Brian Penny, Chief Executive Officer, and Mark Petersen, Senior Exploration Consultant, for the 2025 Fall Update on the Company’s activities, followed by a Q&A session. Live Webinar Date an ...
4 Reasons to Love Waste Management's Dividend
Yahoo Finance· 2025-10-06 12:51
Core Insights - Waste Management (WM) is positioned as a leading provider of waste collection, recycling, and landfill services in North America, offering both reliable dividend income and business quality [2] Dividend Growth - WM's board approved a 10% increase in the dividend rate for 2025, raising the quarterly payout from $0.75 to $0.825 per share, marking 22 consecutive years of annual increases [4] - The company has raised its full-year free cash flow outlook to between $2.8 billion and $2.9 billion, indicating strong cash flow to support the dividend [5] Business Performance - WM's core collection and disposal franchise experienced a 7.1% year-over-year revenue growth in Q2, contributing to a total revenue of approximately $6.4 billion, which is a 19% increase year over year [6] - The integration of the Stericycle acquisition has positively impacted growth rates, with CEO Jim Fish highlighting robust organic growth and operational efficiency [7]
Waste Management (WM) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-10-02 23:16
Core Insights - Waste Management's stock closed at $216.91, down 1.35% from the previous day, underperforming the S&P 500's gain of 0.06% [1] - The stock has decreased by 2.02% over the past month, lagging behind the Business Services sector's gain of 0.95% and the S&P 500's gain of 3.94% [1] Earnings Performance - Waste Management is set to release its earnings on October 27, 2025, with analysts expecting earnings of $2.02 per share, reflecting a year-over-year growth of 3.06% [2] - The consensus estimate projects revenue of $6.49 billion, indicating a 15.79% increase from the same quarter last year [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates forecast earnings of $7.58 per share and revenue of $25.37 billion, representing changes of +4.84% and +14.99% respectively compared to the previous year [3] - Recent changes to analyst estimates suggest a positive outlook for the business [3] Stock Performance and Valuation - The Zacks Rank system, which incorporates estimate changes, currently ranks Waste Management at 3 (Hold) [5] - The Forward P/E ratio for Waste Management is 29.02, which is a discount compared to the industry average Forward P/E of 30.6 [6] - The company has a PEG ratio of 2.69, compared to the industry average PEG ratio of 2.53 [7] Industry Context - The Waste Removal Services industry is part of the Business Services sector and has a Zacks Industry Rank of 159, placing it in the bottom 36% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
Why Waste Management (WM) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-10-02 17:11
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Waste Management (WM) , which belongs to the Zacks Waste Removal Services industry, could be a great candidate to consider.This garbage and recycling hauler has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 1.40%.For the last ...
Wallbridge Announces Sale of Detour East Claims
Globenewswire· 2025-10-02 13:37
Core Points - Wallbridge Mining Company Limited has sold the Detour East property to Agnico Eagle Mines Limited for $8 million in cash and a 2% NSR royalty, with a $4 million buyback option for Agnico Eagle [1][2] - The transaction enhances Wallbridge's financial position and allows the company to focus on the exploration and development of its Detour-Fenelon Gold Trend Property in Quebec [2] Financial Impact - The sale provides immediate liquidity of $8 million to Wallbridge, which will be utilized to advance its core assets, specifically the Fenelon and Martiniere projects [2] Strategic Focus - Wallbridge aims to prioritize its two core assets, Fenelon and Martiniere, while maintaining exposure to the potential of the Detour East property through the 2% NSR royalty [2][4] - The company holds a contiguous mineral property position of 598 km along the Detour-Fenelon gold trend, which includes the flagship PEA stage Fenelon Gold Project and the earlier exploration stage Martiniere Gold Project [4]
Pricing & Cost Control Benefit WM's Profitability Amid Low Liquidity
ZACKS· 2025-10-01 15:05
Core Insights - WM reported strong second-quarter 2025 results, with adjusted earnings of $1.92 per share, exceeding the consensus estimate by 1.6%, and total revenues of $6.4 billion, surpassing expectations by 1.4% and increasing 19% year-over-year [1] Financial Performance - The company's effective pricing and cost control strategies are crucial for profitability, focusing on aligning price adjustments with service quality and demand while optimizing operational processes [2] - WM has consistently paid dividends since 1998, with payouts increasing from $970 million in 2021 to $1.21 billion in 2024, indicating a commitment to long-term shareholder value [3] Strategic Moves - The acquisition of Stericycle is expected to enhance WM's earnings and cash flows within a year, with anticipated annual run-rate synergies exceeding $125 million, positioning WM favorably in the medical waste industry [4] Financial Challenges - The Stericycle acquisition has increased WM's debt load, raising concerns about financial flexibility and potential impacts on shareholder returns if cash flow does not meet expectations [5] - WM's liquidity appears weak, with a current ratio of 0.86 in Q2 2025, down from 1.07 in the previous year, indicating challenges in covering short-term obligations [6]
INVL Private Equity Fund II signs agreement to acquire 75% stake in Estonia's largest waste management group Eesti Keskkonnateenused
Globenewswire· 2025-09-30 06:30
Group 1: Acquisition Details - INVL Private Equity Fund II, the largest private equity fund in the Baltics, signed an agreement to acquire a 75% stake in Eesti Keskkonnateenused (EKT), Estonia's largest waste management group, with the transaction expected to be completed by the end of 2025, subject to regulatory approval [1][2] - Current EKT shareholders (management) will retain a 25% stake in the company [1] Group 2: EKT Operations - EKT provides a wide range of waste management and municipal services, including collection and processing of household waste, secondary raw materials, construction waste, hazardous waste, bio-waste, and street cleaning, with consolidated revenue of EUR 77 million in 2024 and approximately 800 employees [2] Group 3: Growth Strategy and Future Plans - EKT is working on a major hazardous waste incineration project to boost its capacity from 2,000 to 15,000 tonnes a year, and aims to expand sorting and recycling capabilities to enhance contributions to Estonia's circular economy goals [3] - The acquisition is expected to open more opportunities for EKT to successfully implement its growth strategy [3] Group 4: Fund's Investment Strategy - INVL Private Equity Fund II aims to invest EUR 10-60 million in companies across various sectors that have the potential to become regional leaders, focusing on acquiring majority or significant minority stakes [6][7] - The fund seeks attractive opportunities in the Baltics, Poland, Romania, and the broader EU, with a strategy centered on long-term value creation through active investment management [6][7] Group 5: Management and Background - The fund is managed by INVL Asset Management, a leading Baltic alternative asset manager with over 30 years of experience, managing or supervising EUR 2 billion in assets across various investment strategies [8]