How Is Waste Management's Stock Performance Compared to Other Environmental Services Stocks?

Core Insights - Waste Management, Inc. (WM) is valued at a market cap of $87.6 billion and provides waste collection, recycling, and environmental services across various customer segments [1] - WM is classified as a large-cap stock, reflecting its significant size and influence in the waste management industry, and it is enhancing its competitive position through investments in automation and sustainability [2] Financial Performance - WM's shares have decreased by 10.4% from its 52-week high of $242.58, reached on June 8, and have declined 3.5% over the past three months, slightly underperforming the VanEck Environmental Services ETF (EVX) which dropped 3.3% [3] - Year-to-date, WM shares are up 7.7%, while EVX has returned 12.4%, and over the past 52 weeks, WM has fallen 4.4%, underperforming EVX which has seen a slight increase [4] - On October 27, WM reported Q3 earnings that were weaker than expected, with revenue increasing 14.9% year-over-year to $6.4 billion, but missing analyst expectations [5] - The adjusted EPS for WM was $1.98, a 1% increase from the previous year, but fell short of consensus estimates by 1.5% [5] - WM has lowered its fiscal 2025 revenue outlook to approximately $25.3 billion, attributed to ongoing weakness in recycled commodity pricing and lower revenue expectations from WM Healthcare Solutions [5]