From Nasdaq: 2025-05-29 18:15:00

In the latest trading session, Waste Management (WM) closed at $237.76, up 0.26% from the previous day, trailing behind the S&P 500, which gained 0.4%. The stock has climbed by 1.62% in the past month, falling short of the Business Services sector’s gain of 7.08% and the S&P 500’s gain of 6.69%.

Investors are anticipating Waste Management’s upcoming earnings release, with projected earnings of $1.90 per share representing a 4.4% year-over-year growth. The Zacks Consensus Estimate for revenue is $6.36 billion, up 17.8% from the previous year. Analysts’ revisions in estimates reflect positivity towards the company’s operations and profit potential.

With a Zacks Rank of #3 (Hold), Waste Management is currently trading at a Forward P/E ratio of 31.29, a premium compared to the industry average. The PEG ratio stands at 3.14, indicating a valuation premium relative to industry peers. The Waste Removal Services industry holds a Zacks Industry Rank of 141, placing it in the bottom 43% of all industries.

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Read more at Nasdaq: Waste Management (WM) Rises But Trails Market: What Investors Should Know