Waste Management (NYSE:WM) reported quarterly earnings of $1.82 per share which missed the analyst consensus estimate of $1.83 by 0.55 percent. This is a 20.53 percent increase over earnings of $1.51 per share from the same period last year. The company reported quarterly sales of $5.402 billion which missed the analyst consensus estimate of $5.427 billion by 0.46 percent. This is a 5.53 percent increase over sales of $5.119 billion the same period last year.

- Reuters

Oppenheimer analyst Noah Kaye maintains Waste Management (NYSE:WM) with a Outperform and raises the price target from $228 to $229.

During the last three months, 12 analysts shared their evaluations of Waste Management (NYSE:WM), revealing diverse outlooks from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 2 5 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 3 2 5 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $226.5, a high estimate of $241.00, and a low estimate of $212.00. Marking an increase of 4.86%, the cur

Truist Securities analyst Tobey Sommer maintains Waste Management (NYSE:WM) with a Buy and lowers the price target from $240 to $235.

Waste Management's (NYSE:WM) short percent of float has risen 26.32% since its last report. The company recently reported that it has 3.85 million shares sold short, which is 0.96% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.9 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest

$750,000,000 aggregate principal amount of 4.950% senior notes due July 3, 2027; and $750,000,000 aggregate principal amount of 4.950% senior notes due July 3, 2031. The Company intends to use the net proceeds from the offering to repay borrowings under its commercial paper program used for working capital, which is fully supported by the Company's $3.5 billion revolving credit facility, and the remainder, if any, for general corporate purposes.

8-K - WASTE MANAGEMENT INC (0000823768) (Filer)

8-K - WASTE MANAGEMENT INC (0000823768) (Filer)

8-K - WASTE MANAGEMENT INC (0000823768) (Filer)

8-K - WASTE MANAGEMENT INC (0000823768) (Filer)

8-K - WASTE MANAGEMENT INC (0000823768) (Filer)

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10-Q - WASTE MANAGEMENT INC (0000823768) (Filer)

8-K - WASTE MANAGEMENT INC (0000823768) (Filer)

Scotiabank initiated coverage of Waste Mgmt with a rating of Sector Perform and set a new price target of $220.00

William Blair initiated coverage of Waste Mgmt with a rating of Outperform

Deutsche Bank initiated coverage of Waste Mgmt with a rating of Buy and set a new price target of $241.00

RBC Capital Mkts resumed coverage of Waste Mgmt with a rating of Sector Perform and set a new price target of $211.00

HSBC Securities downgraded Waste Mgmt from Buy to Hold and set a new price target of $210.00

UBS downgraded Waste Mgmt from Buy to Neutral and set a new price target of $205.00 from $190.00 previously

Wells Fargo initiated coverage of Waste Mgmt with a rating of Equal Weight and set a new price target of $175.00

UBS upgraded Waste Mgmt from Neutral to Buy and set a new price target of $190.00 from $170.00 previously

Wolfe Research initiated coverage of Waste Mgmt with a rating of Peer Perform

HSBC Securities initiated coverage of Waste Mgmt with a rating of Buy and set a new price target of $192.00

Founder Matanya Horowitz to become chief technology officer AMP Robotics Corp. ("AMP"), a leading provider of artificial intelligence (AI)-powered sortation at scale for the waste and recycling industry, named Tim Stuart, former chief operating officer for Republic Services Inc. (NYSE:RSG), chief executive officer. Stuart replaces AMP Founder Matanya Horowitz, who transitioned into the role of chief technology officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241112474325/en/Tim Stuart, AMP CEO (Photo: Business Wire) "I founded AMP a decade ago with a vision to change how the world manages its waste, and I'm so proud of

NEW YORK, Nov. 1, 2024 /PRNewswire/ -- Chewy Inc. (NYSE: CHWY) will replace Stericycle Inc. (NASD: SRCL) in the S&P MidCap 400 effective prior to the opening of trading on Wednesday, November 6. S&P 500 constituent Waste Management Inc. (NYSE:WM) is acquiring Stericycle in a deal expected to be completed soon, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name       Action Company Name Ticker GICS Sector November 6, 2024 S&P MidCap 400 Addition Chewy CHWY Consumer Discretionary November 6, 2024 S&P MidCap 400 Deletion Stericycle SRCL Industrial For more information about

WM (NYSE:WM) today announced the declaration of a quarterly cash dividend of $0.75 per share payable Dec. 20, 2024, to stockholders of record on Dec. 6, 2024. ABOUT WM WM (WM.com) is North America's leading provider of comprehensive environmental solutions. Previously known as Waste Management and based in Houston, Texas, WM is driven by commitments to put people first and achieve success with integrity. The company, through its subsidiaries, provides collection, recycling and disposal services to millions of residential, commercial, industrial, medical and municipal customers throughout the U.S., Canada and Europe. With innovative infrastructure and capabilities in recycling, organics

Survey of consumers and businesses reveals many Americans want to recycle, despite confusion on what happens to materials  HOUSTON , Nov. 13, 2024 /PRNewswire/ -- WM (NYSE:WM), a leading environmental solutions provider and North America's largest recycler, today released a new report that emphasizes the importance of consumer households, businesses, policymakers and local municipalities working together to potentially improve the nation's recycling system. Based on a survey of more than 1,000 American consumers and businesses, the 2024 WM Recycling Report summarizes data and takeaways with respect to recycling behaviors and perceptions to better understand opportunities to bolster recyclin

Founder Matanya Horowitz to become chief technology officer AMP Robotics Corp. ("AMP"), a leading provider of artificial intelligence (AI)-powered sortation at scale for the waste and recycling industry, named Tim Stuart, former chief operating officer for Republic Services Inc. (NYSE:RSG), chief executive officer. Stuart replaces AMP Founder Matanya Horowitz, who transitioned into the role of chief technology officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241112474325/en/Tim Stuart, AMP CEO (Photo: Business Wire) "I founded AMP a decade ago with a vision to change how the world manages its waste, and I'm so proud of

WM's Acquisition Expands its Comprehensive Environmental Solutions into the Growing Healthcare Market While Advancing the Company's Sustainability Commitments WM (NYSE:WM) today announced it completed its acquisition of Stericycle, Inc. (NASDAQ:SRCL). The previously announced purchase price of $62.00 per share in cash represents a total enterprise value of approximately $7.2 billion. Beginning on November 4, 2024, Stericycle stock will no longer be traded on the NASDAQ. "I am pleased to welcome the talented Stericycle team to WM," said Jim Fish, president and chief executive officer, WM. "The completion of this acquisition advances our growth strategy, builds on our sustainability initiat

NEW YORK, Nov. 1, 2024 /PRNewswire/ -- Chewy Inc. (NYSE: CHWY) will replace Stericycle Inc. (NASD: SRCL) in the S&P MidCap 400 effective prior to the opening of trading on Wednesday, November 6. S&P 500 constituent Waste Management Inc. (NYSE:WM) is acquiring Stericycle in a deal expected to be completed soon, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name       Action Company Name Ticker GICS Sector November 6, 2024 S&P MidCap 400 Addition Chewy CHWY Consumer Discretionary November 6, 2024 S&P MidCap 400 Deletion Stericycle SRCL Industrial For more information about

Waste Management, Inc., a Delaware corporation (NYSE:WM) ("WM"), announced today that it has further extended the expiration date of its previously announced offer to exchange (the "Exchange Offer") any and all of the $500 million aggregate principal amount outstanding of the 3.875% Senior Notes due 2029 (the "Stericycle Notes") issued by Stericycle, Inc., a Delaware corporation ("Stericycle"), held by eligible holders, for a series of new notes to be issued by WM (the "WM Notes") and related solicitation of consents on behalf of Stericycle (the "Consent Solicitation") to adopt certain proposed amendments (the "Proposed Amendments") to the indenture governing the Stericycle Notes (the "Ster

Waste Management, Inc. (NYSE:WM) ("WM" or the "Company") today announced that it has priced a public offering of $5,200,000,000 aggregate principal amount of senior notes under an effective shelf registration statement previously filed with the Securities and Exchange Commission (the "SEC"), as follows: $1,000,000,000 aggregate principal amount of 4.500% senior notes due March 15, 2028; $700,000,000 aggregate principal amount of 4.650% senior notes due March 15, 2030; $750,000,000 aggregate principal amount of 4.800% senior notes due March 15, 2032; $1,500,000,000 aggregate principal amount of 4.950% senior notes due March 15, 2035; and $1,250,000,000 aggregate principal amount of

Strong Organic Revenue Growth and Cost Optimization Drive Record Results The Company Now Expects to Deliver Adjusted Operating EBITDA Near the Upper End of 2024 Guidance Accretive Acquisitions, Sustainability Investments, and Continued Growth from Core Solid Waste Position WM for Another Strong Year in 2025 WM (NYSE:WM) today announced financial results for the quarter ended September 30, 2024.   Three Months Ended   Three Months Ended   September 30, 2024 (in millions, except per share amounts)   September 30, 2023 (in millions, except per share amounts)   As Reported As Adjusted(a)   As Reported As Adjusted(a) Revenue $5,609 $5,6

Waste Management, Inc., a Delaware corporation (NYSE:WM) ("WM"), announced today that it has extended the expiration date of its previously announced offer to exchange (the "Exchange Offer") any and all of the $500 million aggregate principal amount outstanding of the 3.875% Senior Notes due 2029 (the "Stericycle Notes") issued by Stericycle, Inc., a Delaware corporation ("Stericycle"), held by eligible holders, for a series of new notes to be issued by WM (the "WM Notes") and related solicitation of consents on behalf of Stericycle (the "Consent Solicitation") to adopt certain proposed amendments (the "Proposed Amendments") to the indenture governing the Stericycle Notes (the "Stericycle I

WM (NYSE:WM) announced that it will release third quarter financial results after the close of the market on Monday, Oct. 28, 2024 and host its investor conference call Tuesday, Oct. 29 at 10 a.m. ET. Listeners can access a live audio webcast of the conference call by visiting investors.wm.com and selecting "Events & Presentations" from the website menu. A replay of the audio webcast will be available at the same location following the conclusion of the call. Participants who will be dialing in for the conference call should register to obtain their dial in and passcode details. Participants may pre-register at any time, including up to and after the call start time. The Company particip