Zacks Research Issues Pessimistic Forecast for WM Earnings

Waste Management, Inc. (NYSE:WM) – Equities research analysts at Zacks Research cut their Q3 2025 EPS estimates for shares of Waste Management in a research report issued to clients and investors on Monday, August 18th. Zacks Research analyst Team now forecasts that the business services provider will post earnings per share of $1.93 for the quarter, down from their prior 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) last released its quarterly earnings results on Monday, July 28th. The business services provider reported $1.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.89 by $0.03. Waste Management had a net margin of 11.36% and a return on equity of 34.37%. The firm had revenue of $6.43 billion for the quarter, compared to analysts’ expectations of $6.37 billion. During the same quarter last year, the company earned $1.82 EPS. The firm’s revenue for the quarter was up 19.0% compared to the same quarter last year. Waste Management has set its FY 2025 guidance at EPS.

A number of other equities research analysts have also recently issued reports on WM. Seaport Res Ptn raised shares of Waste Management to a “hold” rating in a research note on Tuesday, May 6th. Raymond James Financial lifted their price target on shares of Waste Management from $255.00 to $256.00 and gave the company an “outperform” rating in a research note on Tuesday, July 22nd. Oppenheimer lifted their price target on shares of Waste Management from $260.00 to $265.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Melius assumed coverage on shares of Waste Management in a research note on Monday, June 9th. They set a “buy” rating on the stock. Finally, Wall Street Zen raised shares of Waste Management from a “hold” rating to a “buy” rating in a research note on Tuesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $254.35.

Waste Management Price Performance

Waste Management stock opened at $228.3880 on Tuesday. The company’s fifty day moving average price is $229.70 and its 200 day moving average price is $229.70. Waste Management has a 1 year low of $199.69 and a 1 year high of $242.58. The stock has a market capitalization of $92.00 billion, a P/E ratio of 33.89, a P/E/G ratio of 2.75 and a beta of 0.64. The company has a debt-to-equity ratio of 2.51, a quick ratio of 0.82 and a current ratio of 0.86.

Institutional Trading of Waste Management

A number of institutional investors and hedge funds have recently bought and sold shares of WM. Brighton Jones LLC increased its stake in Waste Management by 51.1% during the fourth quarter. Brighton Jones LLC now owns 6,861 shares of the business services provider’s stock worth $1,384,000 after purchasing an additional 2,320 shares during the period. Bank Pictet & Cie Europe AG grew its position in shares of Waste Management by 14.7% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 124,848 shares of the business services provider’s stock worth $25,193,000 after buying an additional 15,974 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of Waste Management during the fourth quarter worth about $268,000. Ossiam grew its position in shares of Waste Management by 3.9% during the fourth quarter. Ossiam now owns 8,951 shares of the business services provider’s stock worth $1,806,000 after buying an additional 340 shares in the last quarter. Finally, Natixis grew its position in shares of Waste Management by 59.5% during the fourth quarter. Natixis now owns 17,868 shares of the business services provider’s stock worth $3,606,000 after buying an additional 6,662 shares in the last quarter. 80.40% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, SVP Rafael Carrasco sold 674 shares of the business’s 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 sale, the senior vice president directly owned 16,542 shares in the company, valued at approximately $3,917,311.02. The trade was a 3.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Devina A. Rankin sold 57,888 shares of the business’s stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $237.36, for a total transaction of $13,740,295.68. Following the completion of the sale, the chief financial officer owned 83,934 shares in the company, valued at approximately $19,922,574.24. This trade represents a 40.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.18% of the stock is currently owned by insiders.

Waste Management Company Profile

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.