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Waste Management (WM) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2025-03-24 23:20
In the latest trading session, Waste Management (WM) closed at $226.24, marking a +0.59% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.77%. Elsewhere, the Dow gained 1.42%, while the tech-heavy Nasdaq added 2.28%.The the stock of garbage and recycling hauler has fallen by 1.37% in the past month, leading the Business Services sector's loss of 7.87% and the S&P 500's loss of 5.73%.The upcoming earnings release of Waste Management will be of great interest to in ...
Waste Management (WM) Outperforms Broader Market: What You Need to Know
ZACKS· 2025-03-17 23:20
The most recent trading session ended with Waste Management (WM) standing at $228.19, reflecting a +1.48% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.64% gain on the day. Meanwhile, the Dow experienced a rise of 0.85%, and the technology-dominated Nasdaq saw an increase of 0.31%.Shares of the garbage and recycling hauler witnessed a loss of 1.26% over the previous month, beating the performance of the Business Services sector with its loss of 10.4% and the S&P 500's ...
Resilient Investing: 3 Stocks Built to Weather Market Volatility
MarketBeat· 2025-03-17 12:46
Core Insights - The article emphasizes the importance of resilience investing in the face of inflation and potential recession, focusing on companies with strong financial health and diversified income streams [1] Johnson & Johnson - Johnson & Johnson (JNJ) is highlighted as a defensive investment within the stable healthcare sector, with a diversified business model that includes Innovative Medicine and MedTech [2] - JNJ's financial health is reinforced by its AAA credit rating, shared only with Microsoft among US companies [2] - The company reported a revenue of $88.821 billion in 2024, a 4.3% increase from the previous year, with adjusted net earnings of $24.242 billion [3] - JNJ's Innovative Medicine segment saw a 5.7% operational growth in 2024, while the MedTech segment achieved 6.2% operational growth [4] - The stock forecast for JNJ indicates a current price of $162.94 with a 12-month target of $171.33, reflecting a potential upside of 5.15% [3][4] Microsoft - Microsoft (MSFT) demonstrates resilience through its transition to a recurring revenue model, primarily via cloud services, allowing it to navigate economic challenges effectively [5] - The company reported total revenue of $69.6 billion in Q2 2025, a 12% year-over-year increase, with cloud revenue reaching $40.9 billion, up 21% [6] - Microsoft's AI business has surpassed an annual revenue run rate of $13 billion, showing a remarkable 175% year-over-year growth [6] - The stock forecast for MSFT shows a current price of $388.56 with a 12-month target of $510.43, indicating a potential upside of 31.36% [6][7] Waste Management - Waste Management (WM) is presented as a resilient company due to the essential nature of its services, providing stable revenue regardless of economic conditions [8] - The company reported revenue of $22.063 billion in 2024, an 8.0% increase from the previous year, with adjusted operating EBITDA of $6.563 billion [9] - WM is projected to see revenue growth of 16.4% and adjusted operating EBITDA growth of 15.0% in 2025 [9] - The stock forecast for WM indicates a current price of $225.06 with a 12-month target of $236.65, reflecting a potential upside of 5.15% [9][10] Resilience Investing - The article concludes that resilience investing is not limited to a single industry, but rather focuses on identifying companies with strong financials, diversified revenue streams, and adaptability to market changes [11]
Wallbridge Commences Drilling at Martiniere
Globenewswire· 2025-03-14 11:00
Core Viewpoint - Wallbridge Mining Company Limited has initiated drilling at its Martiniere gold project, aiming to explore and expand its mineral resources in northwestern Quebec [1][2]. Exploration and Drilling Plans - The company is focusing on the Bug Lake deformation corridor, where previous drilling in 2024 yielded multiple high-grade intercepts from three satellite targets located within 100 to 500 meters of the defined mineral resource [2]. - The first hole of the 2025 drilling program targets the down-plunge extension of the Dragonfly zone, which has been delineated approximately 500 meters along strike and to a vertical depth of 75 to 200 meters below the surface [2]. - A total of 10,000 to 15,000 meters of drilling is planned for 2025, with the first phase expected to be completed by May 2025, and results to be reported by the end of the second quarter [3]. Property and Project Overview - Wallbridge holds a contiguous mineral property position totaling 830 km along the Detour-Fenelon gold trend, which includes the Fenelon Gold Project and the Martiniere Gold Project [5]. - The company is also engaged in generative exploration to identify earlier stage greenfields targets within its regional property position [4].
Wallbridge Provides Results of 2024 Drilling Program on Detour East Property
Globenewswire· 2025-03-13 21:00
Core Viewpoint - Wallbridge Mining Company Limited has announced positive final assay results from the 2024 exploration drilling program conducted by Agnico Eagle Mines on the Detour East property, indicating potential for a new gold discovery in the northern Abitibi region [1][2]. Exploration Program Summary - The 2024 exploration program at Detour East was executed in two phases: the first phase involved a property-wide airborne Mobile Magnetotellurics (MT) geophysical survey covering 1,923 line-kilometres to identify geological and geophysical targets [3]. - The second phase included a 14-hole diamond drilling program totaling 6,475 metres, with 9 out of 14 holes intersecting gold mineralization, confirming the presence of significant structural deformation and mineralization [4]. Assay Highlights - Notable assay results include: - 9.95 g/t Au over 0.5 metres in hole DTE-24-55 along the Sunday Lake Deformation Zone (SLDZ) [5]. - 1.34 g/t Au over 3.0 metres and 1.27 g/t Au over 3.7 metres in hole DTE-24-65, located near the boundary with the Casault property [5]. - 1.43 g/t Au over 5.0 metres, 5.79 g/t Au over 1.0 metre, and 7.02 g/t Au over 3.5 metres in hole DTE-24-66 on the historic Lynx target along the Massicotte Deformation Zone (MDZ) [5]. Financial Commitment and Joint Venture - Agnico Eagle Mines has invested approximately $5.5 million into exploring the Detour East property since entering the option agreement in late 2020, with $2.0 million remaining to acquire an initial 50% interest [2][8]. - Upon exercising its option for the initial 50% interest, Agnico will have the opportunity to earn an additional 25% interest by completing an additional $27.5 million in qualified work expenditures within five years [8]. Property Overview - The Detour East property is part of a 231 km claim block within Wallbridge's 830 km Detour-Fenelon Gold Project land package, covering approximately 20 km of the SLDZ and 15 km of the MDZ [7].
Insiders dump $4.5M of Bill Gates' 3rd-largest stock holding
Finbold· 2025-03-10 16:48
The founder of Microsoft, renowned philanthropist Bill Gates, funds his charitable efforts, in large part, through investing in the stock market.Gates’ portfolio is actually quite concentrated — with only 4 stock holdings accounting for 79% of the portfolio’s value. For the Gates Foundation, stability is a priority, so blue-chip stocks with stable dividends are a mainstay.One of the long-term holdings in this portfolio is Waste Management (NYSE: WM). At present, it is the 3rd largest holding, and accounts f ...
Waste Management Stock Rises 11% in 6 Months: Buy, Hold, or Sell?
ZACKS· 2025-03-03 17:05
Waste Management, Inc. (WM) shares have gained 11% in the past six months, while the industry has seen a modest loss.Key competitors' performance has been mixed during this time, with Republic Services (RSG) rising 14% and Clean Harbors (CLH) declining 10%.Given the consolidation, let's explore the factors shaping WM’s performance and evaluate whether this is an opportune moment to invest in the company.WM: Sustainability, Stability and Growth CombinedOver the years, WM has shown consistent revenue growth. ...
Waste Management Still Offers Upside As Cash Flows Are Slated To Grow Rapidly
Seeking Alpha· 2025-03-02 10:26
Group 1 - The broader investing public often finds certain sectors like pharmaceuticals and semiconductors exciting, but these sectors are not appealing to the company [1] - The focus of Crude Value Insights is on oil and natural gas, emphasizing cash flow and companies that generate it, which leads to value and growth prospects [1] - The service offers a model account with over 50 stocks, in-depth cash flow analyses of exploration and production (E&P) firms, and live chat discussions about the sector [2] Group 2 - A two-week free trial is available for new subscribers, providing an opportunity to explore the oil and gas sector [3]
Waste Management Could See Further Upside
Seeking Alpha· 2025-02-28 21:17
Group 1 - Waste Management, Inc. (NYSE: WM) is expected to benefit from a strong pricing environment, which will support revenue growth [1] - Volume recovery in the industrial end market, along with easing comparisons in the residential sector, is anticipated to further enhance revenue growth [1] - The company's entry into the medical waste market is seen as a strategic move to diversify and expand its service offerings [1]
Why the Market Dipped But Waste Management (WM) Gained Today
ZACKS· 2025-02-28 00:20
Company Performance - Waste Management (WM) closed at $229.61, marking a +0.4% move from the prior day, outperforming the S&P 500's daily loss of 1.59% [1] - The stock has climbed by 9.13% in the past month, exceeding the Business Services sector's gain of 2.76% and the S&P 500's loss of 2.23% [1] Upcoming Financial Results - The company is expected to report an EPS of $1.69, a 3.43% decline compared to the same quarter of the previous year [2] - Revenue is anticipated to be $6.14 billion, indicating a 19.03% increase compared to the same quarter of the previous year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $7.68 per share and revenue at $25.63 billion, representing changes of +6.22% and +16.16% from the prior year, respectively [3] Analyst Estimates and Market Sentiment - Recent changes to analyst estimates for Waste Management reflect shifting business dynamics, with positive revisions indicating optimism about the company's outlook [4] - The Zacks Rank system, which assesses estimate changes, currently gives Waste Management a rank of 3 (Hold) [6] Valuation Metrics - Waste Management has a Forward P/E ratio of 29.79, trading at a premium compared to the industry average of 26.31 [7] - The company also has a PEG ratio of 2.72, which aligns with the average PEG ratio for Waste Removal Services stocks [8] Industry Context - The Waste Removal Services industry ranks in the bottom 45% of all industries, with a current Zacks Industry Rank of 139 [9]