Waste Management(WM)
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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]
Waste Management (WM) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-12-18 00:16
Core Viewpoint - Waste Management's recent stock performance has lagged behind major indices, and upcoming earnings are anticipated to show growth in both EPS and revenue [1][2][3]. Financial Performance - The upcoming EPS for Waste Management is projected at $1.80, reflecting a 3.45% increase year-over-year [2]. - Revenue is expected to reach $5.88 billion, marking a 12.74% increase from the same quarter last year [2]. - For the entire year, earnings are forecasted at $7.32 per share, indicating an 18.26% increase, while revenue is projected at $22.05 billion, a 7.96% increase compared to the previous year [3]. Analyst Estimates - Recent changes in analyst estimates suggest a favorable outlook on Waste Management's business health and profitability [4]. - The Zacks Rank system currently rates Waste Management as 3 (Hold), with a recent consensus EPS projection moving 0.22% higher [6]. Valuation Metrics - Waste Management has a Forward P/E ratio of 28.91, which aligns with the industry average [7]. - The company holds a PEG ratio of 2.34, compared to the industry average PEG ratio of 2.66 [7]. Industry Context - The Waste Removal Services industry ranks in the bottom 22% of all industries, with a Zacks Industry Rank of 198 [8]. - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8].
Food Waste Management Market Size to Reach USD 106 Billion By 2031 | SkyQuest Technology
GlobeNewswire News Room· 2024-12-05 11:30
Westford, USA, Dec. 05, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the global food waste management market share will reach a value of USD 106 Billion by 2031, with a CAGR of 5.4% during the forecast period (2024-2031). The food waste management market growth is driven by the growing population and increasing levels of production and consumption. Further, the market growth has increased due to shifts in consumer preferences and tastes. Thus, in many countries such as South Africa, United Arab Emirates, ...
Medical Waste Management Industry Report 2024 - Surge in Medical Waste Generation and Growing Awareness of Eco-friendly Medical Waste Management Drives Market Growth
GlobeNewswire News Room· 2024-12-03 12:37
Dublin, Dec. 03, 2024 (GLOBE NEWSWIRE) -- The "Medical Waste Management - Global Market Overview" report has been added to ResearchAndMarkets.com's offering.The demand for Medical Waste Management has been exhibiting impressive growth on a global basis, the major reasons for which include expansion in healthcare services across the globe, surge in medical waste generation, increasing awareness on eco-friendly medical waste management, growing governmental initiatives for medical waste disposal to combat th ...