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Two garbage giants just surged about 17% in a month, and both ask income investors to pay up. Yield, cash coverage, and valuation point in different directions, so which one actually rewards a retiree's patience?
The current bull market may be nearing its end.
Waste Management is rated Buy, driven by a turnaround in Healthcare Solutions, strong core pricing, and operational efficiency. WM's recycling automation and renewable natural gas investments are nearing completion, supporting future earnings and free cash flow growth. The stock trades at a discount to peers and its historical average, with potential for multiple re-rating as performance improves.
The garbage professionals were in prime time last week, and no, we don't mean the Eagles and Cowboys on Monday Night Football. Republic Services Inc. NYSE: RSG and Waste Management Inc. NYSE: WM are the two largest waste and recycling services firms in North America, and both reported earnings in the final days of October.
Investors interested in Waste Removal Services stocks are likely familiar with Veolia Environnement SA (VEOEY) and Waste Management (WM). But which of these two stocks presents investors with the better value opportunity right now?
Higher fuel and insurance claims costs trimmed WM's margin and left adjusted earnings a few cents short of estimates. Free cash flow rose 20% in the quarter and covered the dividend about 2.6 times over nine months.
Rollins just logged a milestone that spans two crashes and a pandemic, and three other unglamorous businesses share the same stubborn habit of growing no matter what the economy does.