Waste Management stock outperformed market, showing potential for significant gains

From Nasdaq: 2025-03-17 18:15:18

Waste Management (WM) closed the most recent trading session at $228.19, up +1.48% from the previous day, outperforming the S&P 500, Dow, and Nasdaq. The stock saw a 1.26% decrease in the past month, surpassing losses in the Business Services sector and S&P 500.

Investors await Waste Management’s upcoming earnings report, with estimates of $1.69 per share, down 3.43% YoY. Revenue is expected to reach $6.14 billion, a 19.03% increase YoY. Full-year estimates predict earnings of $7.68 per share and revenue of $25.63 billion, up 6.22% and 16.16% respectively.

Analyst estimate revisions signal near-term trends in Waste Management stock. The Zacks Rank model, rated #1 (Strong Buy) to #5 (Strong Sell), indicates a #3 (Hold) for WM. The stock has a Forward P/E ratio of 29.29, higher than the industry average of 26.06, and a PEG ratio of 2.67.

Zacks Research Chief highlights the top stock set to double in the financial sector. With a growing customer base and innovative solutions, this stock shows potential for significant gains. To access more information on this top pick and other promising stocks, visit Zacks.com.



Read more at Nasdaq: Waste Management (WM) Outperforms Broader Market: What You Need to Know