Waste Management, Inc. (WM) has been featured prominently across various sectors. The company has been praised for its impressive Return on Equity (ROE) and its plans to upgrade facilities, which includes closing a Maryland Materials Recovery Facility (MRF) and reducing temp workforce. WM is also investing $100 million in a Denver East sorting center to increase Colorado's recycling capabilities, however, its shares have dipped below the 200-day moving average. Disputes have arisen concerning a $1.2B contract awarded by Baltimore County to a rival company. WM's Q2 2024 earnings have met estimates and the company's ownership is heavily skewed towards institutional owners, who hold 83% of the company. WM has announced plans to acquire Stericycle for $7.2B and Winters Bros. Waste Systems, significantly expanding their reach and capabilities. On the sustainability front, the company has acquired a good ethical reputation. Despite posting Q2 sales inline with estimates, the company's stock dropped. The company's debt levels have raised concerns, while its strategic SWOT insight reveals a strong capacity for growth.
Waste Management WM News Analytics from Mon, 12 Feb 2024 08:00:00 GMT to Sun, 22 Sep 2024 13:00:21 GMT -
Rating 8
- Innovation 6
- Information 5
- Rumor -2
