Zacks Research Issues Pessimistic Forecast for WM Earnings

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Waste Management, Inc. (NYSE:WM - Free Report) - Investment analysts at Zacks Research reduced their Q3 2025 earnings per share estimates for Waste Management in a report released on Monday, August 18th. Zacks Research analyst Team now expects that the business services provider will earn $1.93 per share for the quarter, down from their previous estimate of $2.04. The consensus estimate for Waste Management's current full-year earnings is $7.70 per share. Zacks Research also issued estimates for Waste Management's Q4 2025 earnings at $1.89 EPS, FY2025 earnings at $7.41 EPS, Q1 2026 earnings at $1.78 EPS, Q2 2026 earnings at $2.05 EPS, Q3 2026 earnings at $2.18 EPS, Q4 2026 earnings at $2.00 EPS, FY2026 earnings at $8.01 EPS, Q1 2027 earnings at $2.22 EPS, Q2 2027 earnings at $2.29 EPS and FY2027 earnings at $9.23 EPS.

Waste Management (NYSE:WM - Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The business services provider reported $1.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.89 by $0.03. The firm had revenue of $6.43 billion for the quarter, compared to analysts' expectations of $6.37 billion. Waste Management had a return on equity of 34.37% and a net margin of 11.36%.The company's revenue for the quarter was up 19.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.82 EPS. Waste Management has set its FY 2025 guidance at EPS.

WM has been the topic of several other research reports. Hsbc Global Res upgraded shares of Waste Management from a "hold" rating to a "strong-buy" rating in a report on Friday, April 25th. Robert W. Baird upped their price target on Waste Management from $235.00 to $245.00 and gave the stock a "neutral" rating in a research note on Wednesday, April 30th. Melius Research raised Waste Management to a "strong-buy" rating and set a $263.00 price objective for the company in a research note on Monday, June 9th. CIBC upped their target price on Waste Management from $244.00 to $250.00 and gave the stock a "neutral" rating in a research report on Thursday, June 26th. Finally, BMO Capital Markets lifted their price target on shares of Waste Management from $245.00 to $248.00 and gave the company a "market perform" rating in a research report on Wednesday, July 30th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Waste Management has an average rating of "Moderate Buy" and an average target price of $254.35.

Waste Management Stock Down 0.3%

NYSE WM traded down $0.6010 on Tuesday, hitting $229.4290. 958,779 shares of the company were exchanged, compared to its average volume of 1,889,573. The company has a current ratio of 0.86, a quick ratio of 0.82 and a debt-to-equity ratio of 2.51. The company has a market cap of $92.42 billion, a PE ratio of 34.04, a PEG ratio of 2.82 and a beta of 0.64. The stock has a fifty day moving average of $229.47 and a 200-day moving average of $229.74. Waste Management has a 12 month low of $199.69 and a 12 month high of $242.58.

Insider Transactions at Waste Management

In other Waste Management news, SVP Rafael Carrasco sold 674 shares of the stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $236.81, for a total value of $159,609.94. Following the completion of the sale, the senior vice president owned 16,542 shares in the company, valued at approximately $3,917,311.02. This trade represents a 3.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Devina A. Rankin sold 57,888 shares of Waste Management stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $237.36, for a total transaction of $13,740,295.68. Following the transaction, the chief financial officer directly owned 83,934 shares in the company, valued at approximately $19,922,574.24. This represents a 40.82% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.18% of the company's stock.

Institutional Investors Weigh In On Waste Management

Several large investors have recently made changes to their positions in WM. Westend Capital Management LLC raised its stake in shares of Waste Management by 126.9% in the first quarter. Westend Capital Management LLC now owns 118 shares of the business services provider's stock valued at $27,000 after buying an additional 66 shares during the period. West Branch Capital LLC raised its stake in Waste Management by 69.0% in the 1st quarter. West Branch Capital LLC now owns 120 shares of the business services provider's stock valued at $28,000 after acquiring an additional 49 shares during the period. Transce3nd LLC purchased a new stake in Waste Management during the fourth quarter valued at about $28,000. Saudi Central Bank bought a new position in Waste Management during the first quarter worth about $37,000. Finally, GKV Capital Management Co. Inc. purchased a new position in shares of Waste Management in the first quarter worth about $38,000. 80.40% of the stock is owned by hedge funds and other institutional investors.

About Waste Management

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.