Waste Management (WM) continues to report an upward trend in performance, increasing by 4% since its last earnings report while earning strong operational results. The company captured headlines with the acquisition of DC-area WB Waste Solutions and secured a new president, John Morris. Amid high institutional backing at 83%, WM's stock was upgraded to overweight by JP Morgan. However, the stock has seen some sinking. An array of financial metrics and solid EBITDA growth suggests a winning formula. They also declared a US$0.83 per share quarterly dividend. WM's Q1 earnings detailed margin pressure despite revenue growth and sustainability investments. Despite falling more than the broader market, WM continues to eye growth from healthcare trends. Forecast for the next 5 years indicate steady growth. The company has renewed its focus on recycling and RNG facilities. However, it also faced some unpleasant surprises which had its share of effects on its stock. Despite that, WM ranks among top insider stock buys and sells in January and a favorite according to Bill Gates.
Waste Management WM News Analytics from Tue, 29 Oct 2024 07:00:00 GMT to Fri, 30 May 2025 12:38:48 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 3
