Promising Waste Management Stocks To Follow Today - November 4th

Key Points

• Five waste-management stocks highlighted by MarketBeat’s high-dollar-volume screen are Waste Management (WM), GFL Environmental (GFL), Custom Truck One Source (CTOS), Concrete Pumping Holdings (BBCP), and Avalon (AWX).
• Wednesday trading was mixed: WM rose $4.01 to $238.68 and Avalon gained $0.04 to $2.59, while GFL, CTOS, and BBCP declined.
• The sector can benefit from recurring demand and relatively stable revenue, but performance may be affected by regulation, fuel and labor costs, commodity prices, and environmental liabilities.

Waste Management, GFL Environmental, Custom Truck One Source, Concrete Pumping, and Avalon are the five Waste Management stocks to watch today, according to MarketBeat's stock screener tool. Waste management stocks are shares of companies that collect, process, recycle, treat, or dispose of residential, commercial, or industrial waste. For investors, these stocks typically represent businesses with recurring demand and relatively stable revenue, though their performance can be affected by regulation, fuel and labor costs, commodity prices, and environmental liabilities. These companies had the highest dollar trading volume of any Waste Management stocks within the last several days.

Waste Management (WM)

Waste Management, Inc., through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity.

Shares of NYSE:WM traded up $4.01 on Wednesday, hitting $238.68. The company's stock had a trading volume of 987,050 shares, compared to its average volume of 2,201,948. The company has a market capitalization of $94.91 billion, a price-to-earnings ratio of 31.31, a price-to-earnings-growth ratio of 3.09 and a beta of 0.38. The company has a debt-to-equity ratio of 2.21, a quick ratio of 0.78 and a current ratio of 0.82. Waste Management has a 12 month low of $197.47 and a 12 month high of $248.13. The stock's 50-day moving average is $218.29 and its two-hundred day moving average is $225.32.

Read Our Latest Research Report on WM

GFL Environmental (GFL)

GFL Environmental Inc. offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.

Shares of NYSE GFL traded down $0.12 during midday trading on Wednesday, reaching $45.58. 3,801,400 shares of the company traded hands, compared to its average volume of 2,661,257. The company has a market cap of $16.45 billion, a price-to-earnings ratio of -57.64, a PEG ratio of 3.50 and a beta of 0.68. The stock has a 50-day moving average price of $42.90 and a 200 day moving average price of $40.87. GFL Environmental has a 52 week low of $33.33 and a 52 week high of $46.76. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.93 and a quick ratio of 0.75.

Read Our Latest Research Report on GFL

Custom Truck One Source (CTOS)

Custom Truck One Source, Inc. provides specialty equipment rental and sale services to the electric utility transmission and distribution, telecommunications, rail, forestry, waste management, and other infrastructure-related industries in the United States and Canada. The company operates through three segments: Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS).

CTOS traded down $0.52 on Wednesday, reaching $10.10. The company had a trading volume of 701,922 shares, compared to its average volume of 989,278. The company has a market capitalization of $2.30 billion, a P/E ratio of 77.69 and a beta of 1.46. The company has a current ratio of 1.28, a quick ratio of 0.25 and a debt-to-equity ratio of 2.01. The company has a fifty day moving average of $9.44 and a 200-day moving average of $8.88. Custom Truck One Source has a one year low of $5.18 and a one year high of $12.23.

Read Our Latest Research Report on CTOS

Concrete Pumping (BBCP)

Concrete Pumping Holdings, Inc. provides concrete pumping and waste management services in the United States and the United Kingdom. The company offers concrete pumping services to general contractors and concrete finishing companies in the commercial, infrastructure, and residential sectors under the Brundage-Bone and Capital Pumping brands; and industrial cleanup and containment services primarily to customers in the construction industry under the Eco-Pan brand.

Shares of BBCP stock traded down $0.49 during midday trading on Wednesday, reaching $10.08. 75,331 shares of the company were exchanged, compared to its average volume of 194,734. The company's 50 day moving average price is $9.69 and its two-hundred day moving average price is $8.64. The company has a market cap of $507.93 million, a P/E ratio of 63.00 and a beta of 0.90. Concrete Pumping has a 12 month low of $5.55 and a 12 month high of $12.19. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.60 and a current ratio of 1.71.

Read Our Latest Research Report on BBCP

Avalon (AWX)

Avalon Holdings Corporation provides waste management services to industrial, commercial, municipal, and governmental customers in the United States. It operates in Waste Management Services, and Golf and Related Operations segments. The Waste Management Services segment offers hazardous and nonhazardous waste disposal brokerage and management services; captive landfill management services; and turnkey services, including daily operations, facilities management, and management reporting.

NYSE:AWX traded up $0.04 during midday trading on Wednesday, hitting $2.59. 568 shares of the stock were exchanged, compared to its average volume of 17,610. Avalon has a one year low of $2.43 and a one year high of $3.00. The company has a market capitalization of $10.10 million, a price-to-earnings ratio of 10.36 and a beta of 0.59. The business has a 50-day moving average price of $2.58 and a two-hundred day moving average price of $2.59. The company has a current ratio of 0.97, a quick ratio of 0.88 and a debt-to-equity ratio of 0.87.

Read Our Latest Research Report on AWX

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