Latest news with #JohnMazzoni
Yahoo
11-05-2025
- Business
- Yahoo
In A Recession, These Waste Management Stocks Have Outperformed S&P500 Historically
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Seaport Research Partners analyst John Mazzoni initiated coverage on several major waste management companies with a Buy rating. The analyst writes that Environmental Services companies present a compelling investment case due to their resilient business models, dependable recurring revenue, and significant barriers to entry. Historically, this sector has outperformed the S&P 500 by an average of approximately 10% across the past 16 market corrections, with an impressive success rate of around 75%, adds the analyst. GFL Environmental Inc. (NYSE:GFL): The analyst initiated coverage with a price forecast of $58. Mazzoni writes that the company is led by Founder and CEO Patrick Dovigi, who, at 45, is the youngest CEO within the coverage. This offers the benefit of potential long-term leadership continuity, mitigating succession risks, adds the analyst. Trending: In terms of getting money back, . Further, Mazzoni says that founder-led companies often exhibit more aggressive growth strategies and tend to outperform those led by non-founders, suggesting a potential advantage for GFL. On May 1, the company reported a first-quarter EPS of $(0.06), which fell short of the $0.04 estimate and sales of $1.09 billion, exceeded the estimated $1.07 billion. Republic Services, Inc. (NYSE:RSG): Mazzoni started coverage with a price forecast of $270. The analyst says that stock performance has significantly improved under the leadership of Jon Vander Ark (JVA), who assumed the CEO role in 2021 after serving as COO since 2018. The analyst writes that their market analysis indicates that Republic Services currently captures less than 10% of the substantial Environmental Services Total Addressable Market (TAM). Mazzoni anticipates that technology will play a key role in driving further margin expansion within the Environmental Services sector. This is expected to be achieved through advancements in areas such as optimized routing, automated notifications, dynamic scheduling, enhanced self-service options for customers, improved collection efficiency, and ultimately, greater customer lifetime value resulting from increased service quality, adds the analyst. On April 25, the company reported first-quarter adjusted EPS of $1.58, which surpassed the consensus estimate of $1.53 and sales of $4.01 billion, slightly missing the estimated $4.05 Connections, Inc. (NYSE:WCN): The analyst initiated coverage with a $220 price forecast. The company has historically been recognized as the top operator in the Environmental Services industry and currently holds the third-largest market share, says the analyst. The analyst adds that the stock experienced a decline following an unforeseen event at the Chiquita Canyon landfill (ETLF). Nevertheless, Mazzoni writes that the positive development is the landfill's closure in January 2025, which he believes will lead to decreasing headwinds on free cash flow (FCF) moving forward. The analyst sees a potential mergers and acquisitions (M&A) pipeline of approximately $4 billion to $5 billion that aligns well with Waste Connections' existing operations, primarily concentrated in the solid waste sector. On April 24, the company reported first-quarter adjusted EPS of $1.13, which exceeded the consensus estimate of $1.10 and sales reached $2.23 billion beating the estimated $2.22 billion. Read Next: Maximize saving for your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Last Chance to get 4,000 of its pre-IPO shares for just $0.30/share! Photo by BCFC via Shutterstock Send To MSN: Send to MSN This article In A Recession, These Waste Management Stocks Have Outperformed S&P500 Historically originally appeared on
Business Insider
10-05-2025
- Business
- Business Insider
Republic Services (RSG) Receives a New Rating from Seaport Global
Seaport Global analyst John Mazzoni initiated coverage with a Buy rating on Republic Services (RSG – Research Report) today and set a price target of $270.00. The company's shares closed yesterday at $248.58. Protect Your Portfolio Against Market Uncertainty Mazzoni covers the Industrials sector, focusing on stocks such as GFL Environmental, Republic Services, and Waste Connections. According to TipRanks, Mazzoni has an average return of 26.6% and a 90.00% success rate on recommended stocks. In addition to Seaport Global, Republic Services also received a Buy from Citi's Bryan Burgmeier in a report issued on April 29. However, on April 28, TD Cowen maintained a Hold rating on Republic Services (NYSE: RSG). Based on Republic Services' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $4.01 billion and a net profit of $495 million. In comparison, last year the company earned a revenue of $3.86 billion and had a net profit of $453.8 million Based on the recent corporate insider activity of 75 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RSG in relation to earlier this year. Most recently, in February 2025, Brummer Gregg, the EVP & COO of RSG sold 7,879.00 shares for a total of $1,798,540.12.
Business Insider
10-05-2025
- Business
- Business Insider
Waste Connections (WCN) Initiated with a Buy at Seaport Global
Waste Connections (WCN – Research Report) received a Buy rating and a $220.00 price target from Seaport Global analyst John Mazzoni today. The company's shares closed yesterday at $195.29. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Mazzoni covers the Industrials sector, focusing on stocks such as GFL Environmental, Republic Services, and Waste Connections. According to TipRanks, Mazzoni has an average return of 26.6% and a 90.00% success rate on recommended stocks. In addition to Seaport Global, Waste Connections also received a Buy from Bank of America Securities's Michael Feniger in a report issued on April 25. However, on April 29, Citi maintained a Hold rating on Waste Connections (NYSE: WCN). The company has a one-year high of $201.66 and a one-year low of $160.34. Currently, Waste Connections has an average volume of 1.18M. Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WCN in relation to earlier this year. Most recently, in March 2025, Darrell Chambliss, the EVP & COO of WCN sold 13,566.00 shares for a total of $2,554,477.80.
