Waste Management (WM) beat Q1 earnings estimates while narrowly missing Wall Street's financial results targets, demonstrating remarkable EBITDA growth and strategic advancement.
CIBC maintains its hold rating but
Citigroup has raised the price target for WM to $271 after a strong Q1 2025 performance. WM's Q1 2025 sales rose to
US$6 billion, but there was a slight miss in revenue estimates. The company demonstrated
strong earnings growth in Q1 2025 and the CEO remains confident in the full-year outlook, even after a slight dip in shares.
HSBC upgraded WM while it slipped in extended trading due to disappointing Q1 revenues. Nevertheless, institutional investors holding 83% of the company's shares saw rewards as the stock increased 4.0%. Following a $500 million announcement, the price target for Waste Management was reiterated. However, the company performance was slightly marred by the miss in expectations of its revenues.
Jim Cramer has endorsed WM as a 'super strong buy' pronouncing it a 'forever stock'. Moreover, WM is integrating Stericycle eyeing growth from healthcare trends. This move paired with sustainability partnership with MLB have marked WM as a strong contender in the Environmental Stocks.
Waste Management WM News Analytics from Tue, 29 Oct 2024 07:00:00 GMT to Fri, 02 May 2025 12:33:00 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -4
