Waste Connections, Inc.
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Is This Stock Set to Shoot Up?
By Ted Cooper - May 22, 2013 | Tickers: RSG, WCN, WM
Boring industries are generally the best place to find bargains. While high-flying stocks like Tesla Motors receive all the attention, companies with more mundane prospects often go neglected. Enterprising investors will find the neglected industries much more interesting than the highly touted, and overvalued, stocks of the day.
For instance, the waste management industry has shown its maturity over the last decade; growth has slowed to a creep over the more »
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Finding Treasure in a Pile of Trash
By Ryan Guenette - May 13, 2013 | Tickers: RSG, SRCL, VE, WCN, WM
The second largest United States provider of solid waste services in North America, Republic Services Incorporated (NYSE: RSG) recently reported first quarter financial results on April 25. Compared with the first quarter of 2012, net income decreased from $142.8 million ($0.39 per share) to $124.9 million ($0.34 per share), representing a near 13% drop.
Excluding one-time items, adjusted earnings were $167.4 million ($0.46 per more »
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The Good and the Bad of the Waste Management Industry
By Zain Abbas - May 13, 2013 | Tickers: RSG, WCN, WM
Waste management companies reported mixed quarterly earnings with two of the three companies reporting an earnings beat. Since the release, these stocks have been up more than 5% till date as shown by the graph:
It will be interesting to note what the bears and bulls have to say about these companies:
Waste Management (NYSE: WM), the largest waste management company by market cap, reported its earnings on April 24 more »
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Waste Management Is An Ideal Pick For Income Investors
By Ishtiaq Ahmed - May 8, 2013 | Tickers: RSG, WCN, WM
Waste Management (NYSE: WM) has appreciated by more than 26% in the last six months, which is a little surprising -- not long ago, people were concerned about its stagnating revenue growth. However, its focus on growth projects have allowed the company to win over investors, and sent its shares spiking.
Performance and Future Growth Prospects
In the first quarter of 2013, revenue for Waste Management grew by 1.2% year more »
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There's a Jewel to Be Found in Waste
By Piyush Arora - May 1, 2013 | Tickers: RSG, WCN, WM
Investing in income-growth stocks as a way to ride out market uncertainty has always been a good strategy. But investing in just any income-growth stock could be disastrous. For this kind of investing, a company needs to have a solid balance sheet, as well as ample and consistent cash flows to sustain its payouts. One such company that meets the criteria is Waste Management (NYSE: WM), and here are a more »
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Is Waste Management a Good Stock to Buy?
By Meena Krishnamsetty - April 19, 2013 | Tickers: CVA, BIN, RSG, WCN, WM
Waste Management (NYSE: WM), an $18 billion market cap waste management services company, has risen 16% year to date, narrowly outperforming the S&P 500 despite the fact that the stock carries a beta of 0.7 and hence would be expected to underperform during a bull market. The company’s revenues increased only 2% last year compared to 2011, and with operating costs increasing at a faster rate Waste more »
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Is Waste Management A Good Stock to Buy?
By Meena Krishnamsetty - April 16, 2013 | Tickers: CVA, BIN, RSG, WCN, WM
Waste Management (NYSE: WM), an $18 billion market cap waste management services company, has risen 16% year to date- narrowly outperforming the S&P 500 despite the fact that the stock carries a beta of 0.7 and so would be expected to underperform during a bull market. The company’s revenues increased only 2% last year compared to 2011, and with operating costs increasing at a faster rate Waste more »
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The Trashmen Cometh
By Howard Rothman - April 15, 2013 | Tickers: RSG, WCN, WM
Despite weak fourth quarter performance and tepid 2013 guidance, the Big Three waste disposal services have been on a roll. Waste Management (NYSE: WM), Republic Services (NYSE: RSG) and Waste Connections (NYSE: WCN) are all up between 9%-15% YTD, and an even more impressive 20%-25% since November. With the trio issuing first-quarter earnings April 24-25, inquisitive minds want to know: can they keep it up?
With more upside more »
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Finding Treasure in Trash
By Ted Cooper - February 27, 2013 | Tickers: RSG, WCN, WM
Waste management is not a glamorous industry; it not only revolves around trash, it is also a maturing industry. However, there is often good value to be found in mature industries that have relatively low expectations for future growth.
With over $13.6 billion in revenues, Waste Management (NYSE: WM) is the clear market leader in the industry. However, the company has suffered from volume losses in eight out of more »
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Millions of North American’s Trash is Turning Into Investors’ Treasure
By Ryan Guenette - February 25, 2013 | Tickers: CLH, RSG, SRCL, WCN, WM
A SWOT analysis is a look at a company’s strengths, weaknesses, opportunities, and threats, and is a tremendous way to gain a detailed and thorough perspective on a company and its future. As 2013 begins, I would like to focus on a leading waste management service company in North America: Waste Management (NYSE: WM).
The Business:
Warren Buffett once said, “Never invest in a business you can’t understand more »
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Digging Through the Trash for Income Opportunities
By Daniel James - February 15, 2013 | Tickers: RSG, WCN, WM
Waste management is a prime example of a durable sector. Not only will human beings always continue to produce trash, but the amount of trash appears to be growing steadily. As such it is up to humanity to devise increasingly ingenious ways of dealing with this deluge of dirt. Stocks of companies active in this industry tend to trade defensively, enjoying low betas as well as high dividend yields. Waste more »
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This Trash Hauler's Key Takeaways From Q4
By Howard Rothman - February 11, 2013 | Tickers: BIN, RSG, VE, WCN, WM
With trash volumes flat and the ability to raise prices almost nonexistent, waste service providers have faced an uphill climb during the past couple of years. Unfortunately, the fourth-quarter earnings Republic Services (NYSE: RSG), one of the industry’s Top 3 players, reported on Feb. 7 show that little has really changed over the past several months -- and little improvement is expected in early 2013.
RSG’s results, and why more »
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Follow Bill Gates Into This Waste Collection Stock
By Anh HOANG - December 31, 2012 | Tickers: RSG, WCN, WM
The provider of non-hazardous solid waste collection Republic Services (NYSE: RSG) was bought continuously by one of its big shareholders, Cascade Investment, which is controlled by billionaire Bill Gates. In November, Cascade Investment purchased nearly 11.6 million shares of the company at around $26.62 - $26.87 per share, with the total transaction worth around $310.6 million. Currently, Cascade Investment owned more than 89 million shares of the more »
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Waste Management: A DCF Valuation
By Daniel Sparks - December 13, 2012 | Tickers: BIN, RSG, SRCL, WCN, WM
The discounted cash flow (DCF) approach to valuation is often criticized as a poor valuation model based on the "garbage in, garbage out" mantra. The critique usually goes like this: "The valuation is only as good as your inputs; the model, therefore, cannot be relied upon." But by making conservative forecasts based on some good ole' fundamental analysis, DCF turns out to be a very useful tool. Case in point more »
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Waste Services: Trash or Treasure?
By Howard Rothman - December 5, 2012 | Tickers: BIN, RSG, VE, WCN, WM
In the early 1970s, Steve Miller recorded a song called “Your Cash Ain’t Nothin’ But Trash.” In more recent times, a trio of waste service providers has sung a somewhat different version of that tune: “Your Trash Ain’t Nothin’ But Cash.”
But with volumes flat for several years, and the ability to raise prices almost non-existent, the trash business has become much more challenging. And many have started more »
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Should You Throw Waste Management Out With the Trash?
By Dr. Osman Gulseven - December 4, 2012 | Tickers: RSG, WCN, WM |
Waste Management (NYSE: WM) is in the trash collection, disposal, and recycling business. Since consumers and corporations need to shed their garbage regardless of economic conditions, Waste Management is a relatively defensive stock. Thanks to its regular cash flows, the stock is one of the most consistent dividend payers. It supports a yield of above 4%.
Recent Moves
Recycling trash adds revenue streams from commodities of varying sorts and as more »
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The Best Garbage Dividends
By Alvin Gonzales - November 29, 2012 | Tickers: RSG, WCN, WM |
Instead of focusing on potential ten bagger stocks, which are usually very risky, investors would be better off looking for stable businesses. While this approach seems boring, there is actually a mathematical reason for the approach. As a simple example, say an investor loses half or 50% of his money while gambling on penny stocks. To break even, that investor would have to double his remaining money. This simple example more »
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What is Bill Gates Buying Now?
By Meena Krishnamsetty - November 19, 2012 | Tickers: BIN, RSG, VE, WCN, WM
In a Form 4 filed last week, Cascade Investments announced it increased its ownership of Republic Services (NYSE: RSG) with a purchase of 8.1 million shares at $26.80 a piece, putting the total shares owned by Cascade up to 86.1 million. Cascade now owns over 23% of the outstanding shares of Republic Services. Cascade has been steadily increasing its stake in Republic since 2002. Cascade Investments is more »
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4 Waste Removal Stocks With High Valuations to Avoid Now, 2 to Watch
By Bill Edson - November 6, 2012 | Tickers: CVA, RSG, SRCL, WCN, WM
As dirty as their businesses are, many waste management companies are not trading like garbage. Even the temporary service interruption of Hurricane Sandy did not drop valuations significantly. In fact, in its aftermath many of these stocks are trading at very dear multiples. So do investors today love trash? Investors should exercise care to make sure they are not overpaying for waste industry stocks.
Dumpster Diving
At roughly $32 per more »
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Dumpster Diving: Are These 5 Waste Stocks Worth Buying?
By Bill Edson - October 10, 2012 | Tickers: CVA, DAR, RSG, WCN, WM
Value investors dig through out-of-favor stocks to find underpriced companies. Often the companies they find are unloved, unknown, or completely unpalatable for most investors. They are cigar buts or garbage in the world of financial assets.
Perplexingly, many waste management companies are not trading as though they are garbage. Many of these stocks are trading at very dear multiples. Investors must exercise care to make sure they are not overpaying more »
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