In the latest close session, Waste Management (WM – Free Report) was up +2.18% at $229.96. The stock’s change was more than the S&P 500’s daily loss of 0.4%. Elsewhere, the Dow saw an upswing of 0.11%, while the tech-heavy Nasdaq depreciated by 0.73%.
The stock of garbage and recycling hauler has fallen by 6.55% in the past month, leading the Business Services sector’s loss of 8.04% and the S&P 500’s loss of 7.34%.
The upcoming earnings release of Waste Management will be of great interest to investors. The company’s earnings report is expected on April 28, 2026. The company is predicted to post an EPS of $1.76, indicating a 5.39% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $6.3 billion, indicating a 4.62% growth compared to the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $8.16 per share and a revenue of $26.5 billion, signifying shifts of +8.8% and +5.15%, respectively, from the last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Waste Management. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts’ confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.14% higher. Waste Management is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Waste Management’s current valuation metrics, including its Forward P/E ratio of 27.58. Its industry sports an average Forward P/E of 26.78, so one might conclude that Waste Management is trading at a premium comparatively.
It’s also important to note that WM currently trades at a PEG ratio of 2.38. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company’s expected earnings growth rate. The Waste Removal Services industry had an average PEG ratio of 2.38 as trading concluded yesterday.
The Waste Removal Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Industry Rank of 160, finds itself in the bottom 35% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
