Waste Management(US:WM) ZACKS·2025-01-25 00:21Company Performance - Waste Management (WM) closed at $209.43, reflecting a -0.32% change from the previous session, underperforming the S&P 500's daily loss of 0.29% [1] - Over the past month, WM shares gained 2.48%, outperforming the Business Services sector's gain of 1.82% but underperforming the S&P 500's gain of 2.52% [1] Upcoming Earnings - The company is set to release its earnings on January 29, 2025, with an expected EPS of $1.79, representing a 2.87% increase from the prior-year quarter [2] - Quarterly revenue is anticipated to be $5.88 billion, up 12.64% from the year-ago period [2] Analyst Forecasts - Recent revisions to analyst forecasts for WM are important as they reflect short-term business trends, with positive revisions indicating a favorable business outlook [3] - The Zacks Rank system, which incorporates estimate changes, has shown that stocks with a 1 rating have generated an average annual return of +25% since 1988 [4][5] Valuation Metrics - WM is currently trading with a Forward P/E ratio of 26.19, which is lower than the industry's average Forward P/E of 28.03 [6] - The company has a PEG ratio of 2.15, compared to the Waste Removal Services industry's average PEG ratio of 2.11 [7] Industry Context - The Waste Removal Services industry is part of the Business Services sector and has a Zacks Industry Rank of 209, placing it within the bottom 17% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]