From Yahoo Finance: 2025-05-10 03:57:00

Seaport Research Partners analyst John Mazzoni initiated coverage on major waste management companies with a Buy rating. The sector historically outperformed the S&P 500 by 10% in market corrections, with a success rate of 75%.

GFL Environmental Inc. received coverage with a price forecast of $58. Founder-led by CEO Patrick Dovigi, potential long-term leadership continuity offers an advantage. The company reported Q1 EPS of $(0.06) and sales of $1.09 billion.

Republic Services, Inc. was initiated with a price forecast of $270. CEO Jon Vander Ark has improved stock performance. The company captures less than 10% of the Environmental Services Total Addressable Market. Q1 EPS was $1.58, with sales of $4.01 billion.

Waste Connections, Inc. received coverage with a $220 price forecast. It holds the third-largest market share in the industry. An unforeseen event at the Chiquita Canyon landfill led to a decline, but its closure in 2025 is expected to improve free cash flow. Q1 EPS was $1.13, with sales of $2.23 billion.

Read more: In A Recession, These Waste Management Stocks Have Outperformed S&P500 Historically