Waste Management (WM) stock reported a decline in several updates, while analysts predict a brighter future with targeted forecasts for 2025-2030. Despite recent falls, strong institutional backing is a significant positive due to 83% ownership, indicative of considerable faith in the company. WM announced a new president, John Morris Jr., and acquired DC-area WB Waste Solutions, while setting rules to prevent hazardous material dumping. Despite missing Q1 revenue estimates, WM reported positive Q1 earnings and declared a quarterly dividend of US$0.83 per share. Amid reported margin pressure, WM plans to navigate tariffs in 2025 to material recovery facility (MRF) and renewal natural gas (RNG) projects. Post Q1 earnings, the company enjoyed significant dips and recorded moderate gains. Insights showcase WM's growth strategy, leveraging healthcare trends while marking the opening of a $60M RNG facility. There was impressive growth of 146% over the past five years. Despite initial trading down, the focus now is on WM's strategic EBITDA growth, while the new sales had risen up to US$6 Billion in Q1 2025. Recent financial results slightly missed Wall Street targets, but insight saw renewed interest, boosting WM's leadership in sustainability and resource management.
Waste Management WM News Analytics from Tue, 29 Oct 2024 07:00:00 GMT to Sat, 17 May 2025 11:00:27 GMT -
Rating 6
- Innovation 5
- Information 8
- Rumor 4
