Waste Management Stocks Worth Watching – November 8th

Waste Management, GFL Environmental, and Custom Truck One Source are the three Waste Management stocks to watch today, according to MarketBeat’s stock screener tool. Waste management stocks are shares of companies that collect, transport, process, recycle, or dispose of waste. Investors may view them as exposure to an essential-services industry, though their performance can be affected by regulation, operating costs, commodity prices, and demand. These companies had the highest dollar trading volume of any Waste Management stocks within the last several days.

Waste Management (WM)

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.

Shares of NYSE:WM traded down $4.77 during trading on Friday, hitting $236.50. 2,557,680 shares of the company were exchanged, compared to its average volume of 2,541,153. The stock has a market capitalization of $94.04 billion, a P/E ratio of 31.04, a PEG ratio of 3.07 and a beta of 0.38. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.82 and a quick ratio of 0.78. Waste Management has a 12-month low of $197.47 and a 12-month high of $248.13. The firm’s 50 day moving average price is $219.40 and its 200-day moving average price is $225.59.

GFL Environmental (GFL)

GFL Environmental Inc. offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.

Shares of NYSE GFL traded up $0.19 during mid-day trading on Friday, reaching $46.31. The company had a trading volume of 4,205,173 shares, compared to its average volume of 5,080,895. The company has a current ratio of 0.93, a quick ratio of 0.75 and a debt-to-equity ratio of 1.03. The firm has a 50 day simple moving average of $43.19 and a two-hundred day simple moving average of $40.92. The stock has a market cap of $16.71 billion, a P/E ratio of -58.62, a PEG ratio of 3.33 and a beta of 0.68. GFL Environmental has a 52-week low of $33.33 and a 52-week high of $46.76.

Custom Truck One Source (CTOS)

Custom Truck One Source, Inc. provides specialty equipment rental and sale services to the electric utility transmission and distribution, telecommunications, rail, forestry, waste management, and other infrastructure-related industries in the United States and Canada. The company operates through three segments: Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS).

Shares of CTOS stock traded up $0.03 during mid-day trading on Friday, hitting $9.32. 1,167,195 shares of the stock were exchanged, compared to its average volume of 1,071,672. The stock has a market capitalization of $2.12 billion, a price-to-earnings ratio of 71.73 and a beta of 1.46. Custom Truck One Source has a 12-month low of $5.18 and a 12-month high of $12.23. The stock’s fifty day simple moving average is $9.44 and its two-hundred day simple moving average is $8.93. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.25 and a current ratio of 1.28.