WallStreetZenWallStreetZen

Sectors & IndustriesIndustrialsWaste Management
Best Waste Management Stocks to Buy Now (2024)
Top waste management stocks in 2024 ranked by overall Zen Score. See the best waste management stocks to buy now, according to analyst forecasts for the waste management industry.

Industry: Waste Management
Ticker
Company
Zen Score
Valuation Score
Financials Score
Forecast Score
Performance Score
Dividends Score
WM
WASTE MANAGEMENT INC
43
14
29
44
50
80
CWST
CASELLA WASTE SYSTEMS INC
42
29
43
56
40
RSG
REPUBLIC SERVICES INC
41
29
43
11
60
60
CLH
CLEAN HARBORS INC
39
29
57
11
60
JAN
JANONE INC
39
43
71
0
40

Upgrade to Premium to View More

Use Zen Score to quickly analyze stock fundamentals, even if you don't have a finance background. We run time-tested due diligence checks inspired by legendary investors like Warren Buffett, and score each company based on how many they pass/fail.

Already have a premium account? Sign In

Waste Management Stocks FAQ

What are the best waste management stocks to buy right now in Mar 2024?

According to Zen Score, the 3 best waste management stocks to buy right now are:

1. Waste Management (NYSE:WM)


Waste Management (NYSE:WM) is the top waste management stock with a Zen Score of 43, which is 16 points higher than the waste management industry average of 27. It passed 16 out of 38 due diligence checks and has strong fundamentals. Waste Management has seen its stock return 39.32% over the past year, overperforming other waste management stocks by 7 percentage points.

Waste Management has an average 1 year price target of $204.36, a downside of -4.49% from Waste Management's current stock price of $213.97.

Waste Management stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Waste Management, 36.36% have issued a Strong Buy rating, 27.27% have issued a Buy, 36.36% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Casella Waste Systems (NASDAQ:CWST)


Casella Waste Systems (NASDAQ:CWST) is the second best waste management stock with a Zen Score of 42, which is 15 points higher than the waste management industry average of 27. It passed 14 out of 33 due diligence checks and has strong fundamentals. Casella Waste Systems has seen its stock return 25.05% over the past year, underperforming other waste management stocks by -7 percentage points.

Casella Waste Systems has an average 1 year price target of $98.00, a downside of -0.79% from Casella Waste Systems's current stock price of $98.78.

Casella Waste Systems stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Casella Waste Systems, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Republic Services (NYSE:RSG)


Republic Services (NYSE:RSG) is the third best waste management stock with a Zen Score of 41, which is 14 points higher than the waste management industry average of 27. It passed 15 out of 38 due diligence checks and has strong fundamentals. Republic Services has seen its stock return 46.77% over the past year, overperforming other waste management stocks by 15 percentage points.

Republic Services has an average 1 year price target of $199.91, an upside of 4.38% from Republic Services's current stock price of $191.52.

Republic Services stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Republic Services, 54.55% have issued a Strong Buy rating, 9.09% have issued a Buy, 36.36% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the waste management stocks with highest dividends?

Out of 4 waste management stocks that have issued dividends in the past year, the 3 waste management stocks with the highest dividend yields are:

1. Waste Management (NYSE:WM)


Waste Management (NYSE:WM) has an annual dividend yield of 1.33%, which is 1 percentage points higher than the waste management industry average of 0.8%. Waste Management's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Waste Management's dividend has shown consistent growth over the last 10 years.

Waste Management's dividend payout ratio of 49.2% indicates that its dividend yield is sustainable for the long-term.

2. Republic Services (NYSE:RSG)


Republic Services (NYSE:RSG) has an annual dividend yield of 1.08%, which is the same as the waste management industry average of 0.8%. Republic Services's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Republic Services's dividend has shown consistent growth over the last 10 years.

Republic Services's dividend payout ratio of 37.7% indicates that its dividend yield is sustainable for the long-term.

3. Waste Connections (NYSE:WCN)


Waste Connections (NYSE:WCN) has an annual dividend yield of 0.63%, which is the same as the waste management industry average of 0.8%. Waste Connections's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Waste Connections's dividend has shown consistent growth over the last 10 years.

Waste Connections's dividend payout ratio of 35.5% indicates that its dividend yield is sustainable for the long-term.

Why are waste management stocks up?

Waste management stocks were up 1.39% in the last day, and up 1.78% over the last week.

We couldn't find a catalyst for why waste management stocks are up.

What are the most undervalued waste management stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued waste management stocks right now are:

1. Janone (NASDAQ:JAN)


Janone (NASDAQ:JAN) is the most undervalued waste management stock based on WallStreetZen's Valuation Score. Janone has a valuation score of 43, which is 24 points higher than the waste management industry average of 19. It passed 3 out of 7 valuation due diligence checks.

Janone's stock has gained 114.64% in the past year. It has overperformed other stocks in the waste management industry by 82 percentage points.

2. Republic Services (NYSE:RSG)


Republic Services (NYSE:RSG) is the second most undervalued waste management stock based on WallStreetZen's Valuation Score. Republic Services has a valuation score of 29, which is 10 points higher than the waste management industry average of 19. It passed 2 out of 7 valuation due diligence checks.

Republic Services's stock has gained 46.77% in the past year. It has overperformed other stocks in the waste management industry by 15 percentage points.

3. Perma Fix Environmental Services (NASDAQ:PESI)


Perma Fix Environmental Services (NASDAQ:PESI) is the third most undervalued waste management stock based on WallStreetZen's Valuation Score. Perma Fix Environmental Services has a valuation score of 29, which is 10 points higher than the waste management industry average of 19. It passed 2 out of 7 valuation due diligence checks.

Perma Fix Environmental Services's stock has gained 9.2% in the past year. It has underperformed other stocks in the waste management industry by -23 percentage points.

Are waste management stocks a good buy now?

45.45% of waste management stocks rated by analysts are a strong buy right now. On average, analysts expect waste management stocks to rise by 2.69% over the next year.

What is the average p/e ratio of the waste management industry?

The average P/E ratio of the waste management industry is 15.84x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.