Waste Management (WM) finished the latest trading session at $224.21, which represents a decrease of 1.56% compared to the previous day's closing price.
Bill Gates, the well-known philanthropist and founder of Microsoft, mainly supports his charitable work by investing in the stock market.
In the latest trading session, Waste Management (WM) finished at $230.39, showing a slight increase of 0.19% compared to the day before.
In the latest trading session, Waste Management (WM) finished at $230.39, showing a slight increase of 0.19% compared to the day before.
HOUSTON--(BUSINESS WIRE)--WM (NYSE: WM) has announced that it will hold an investor day on Tuesday, June 24, starting at 9 a.m. EST, at the New York Stock Exchange in New York City. The event will feature presentations from Jim Fish, the President and CEO, John Morris, the Executive Vice President and COO, Devina Rankin, the Executive Vice President and CFO, along with other executives. Attendees will have the chance to engage during the presentations.
Waste Management, Inc. (NYSE:WM) will be participating in the 46th Annual Raymond James Institutional Investor Conference on March 3, 2025, at 1:05 PM ET. The company will be represented by Jim Fish, the President and CEO, and Devina Rankin, the Executive Vice President and CFO. Tyler Brown, a Senior Analyst at Raymond James, will also be part of the conference call.
Examine the main elements that affect WM's performance, its sustainability initiatives, and strategic purchases to evaluate its potential for investment.
Waste Management recently acquired Stericycle for $7.2 billion and has shown strong financial performance, making it a solid business with a reasonable valuation. Their revenue grew by 8% compared to last year, thanks to increased prices and acquisitions, while net income jumped 19.4% to $2.75 billion. The management expects revenue to rise by 16.4% in 2025, along with a significant increase in EBITDA, supported by careful pricing strategies and organic growth.
Waste Management is expected to grow in the long term thanks to good pricing, recovering volumes, and smart investments in renewable natural gas and medical waste sectors. The company has a positive outlook for profit margins due to strong pricing, cost savings from the Stericycle acquisition, and management's efforts to cut costs, including automation that aims to save $450 million. WM's stock is currently priced lower than its competitors, which suggests it could rise in value, making it an attractive investment.
In the most recent trading session, Waste Management (WM) finished at $229.61, which is an increase of 0.4% compared to the day before.