Latest news with #QuestResource
Yahoo
23-05-2025
- Business
- Yahoo
Q1 Earnings Roundup: Perma-Fix (NASDAQ:PESI) And The Rest Of The Waste Management Segment
Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let's have a look at Perma-Fix (NASDAQ:PESI) and its peers. Waste management companies can possess licenses permitting them to handle hazardous materials. Furthermore, many services are performed through contracts and statutorily mandated, non-discretionary, or recurring, leading to more predictable revenue streams. However, regulation can be a headwind, rendering existing services obsolete or forcing companies to invest precious capital to comply with new, more environmentally-friendly rules. Lastly, waste management companies are at the whim of economic cycles. Interest rates, for example, can greatly impact industrial production or commercial projects that create waste and byproducts. The 9 waste management stocks we track reported a mixed Q1. As a group, revenues missed analysts' consensus estimates by 1%. Thankfully, share prices of the companies have been resilient as they are up 8.2% on average since the latest earnings results. Tackling hazardous waste challenges since 1990, Perma-Fix (NASDAQ:PESI) provides environmental waste treatment services. Perma-Fix reported revenues of $13.92 million, up 2.2% year on year. This print fell short of analysts' expectations by 9%. Overall, it was a disappointing quarter for the company with a significant miss of analysts' EBITDA and EPS estimates. "Our first quarter results reflect the impact of several transitional headwinds," said Mark Duff, President and Chief Executive Officer of Perma-Fix Environmental Services. Perma-Fix delivered the weakest performance against analyst estimates of the whole group. Interestingly, the stock is up 21.1% since reporting and currently trades at $10.72. Read our full report on Perma-Fix here, it's free. Founded to protect a tree-lined two-lane road, Montrose (NYSE:MEG) provides air quality monitoring, environmental laboratory testing, compliance, and environmental consulting services. Montrose reported revenues of $177.8 million, up 14.5% year on year, outperforming analysts' expectations by 6%. The business had a stunning quarter with an impressive beat of analysts' organic revenue estimates and a solid beat of analysts' EPS estimates. Montrose pulled off the biggest analyst estimates beat and highest full-year guidance raise among its peers. The market seems happy with the results as the stock is up 31.6% since reporting. It currently trades at $19.72. Is now the time to buy Montrose? Access our full analysis of the earnings results here, it's free. Recycling corporate waste to help companies be more sustainable, Quest Resource (NASDAQ:QRHC) is a provider of waste and recycling services. Quest Resource reported revenues of $68.43 million, down 5.8% year on year, falling short of analysts' expectations by 5%. It was a slower quarter as it posted a significant miss of analysts' EPS estimates. As expected, the stock is down 2% since the results and currently trades at $2.48. Read our full analysis of Quest Resource's results here. Headquartered in Houston, Waste Management (NYSE:WM) is a provider of comprehensive waste management services in North America. Waste Management reported revenues of $6.02 billion, up 16.7% year on year. This print missed analysts' expectations by 1.4%. All in all, it was a mixed quarter for the company. The stock is up 2% since reporting and currently trades at $233.32. Read our full, actionable report on Waste Management here, it's free. Established in 1980, Clean Harbors (NYSE:CLH) provides environmental and industrial services like hazardous and non-hazardous waste disposal and emergency spill cleanups. Clean Harbors reported revenues of $1.43 billion, up 4% year on year. This number met analysts' expectations. Taking a step back, it was a satisfactory quarter as it also logged an impressive beat of analysts' organic revenue estimates but a miss of analysts' adjusted operating income estimates. The stock is up 6.5% since reporting and currently trades at $227.72. Read our full, actionable report on Clean Harbors here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Yahoo
16-05-2025
- Business
- Yahoo
Waste Management Stocks Q1 Highlights: Quest Resource (NASDAQ:QRHC)
As the Q1 earnings season comes to a close, it's time to take stock of this quarter's best and worst performers in the waste management industry, including Quest Resource (NASDAQ:QRHC) and its peers. Waste management companies can possess licenses permitting them to handle hazardous materials. Furthermore, many services are performed through contracts and statutorily mandated, non-discretionary, or recurring, leading to more predictable revenue streams. However, regulation can be a headwind, rendering existing services obsolete or forcing companies to invest precious capital to comply with new, more environmentally-friendly rules. Lastly, waste management companies are at the whim of economic cycles. Interest rates, for example, can greatly impact industrial production or commercial projects that create waste and byproducts. The 9 waste management stocks we track reported a mixed Q1. As a group, revenues missed analysts' consensus estimates by 1%. In light of this news, share prices of the companies have held steady as they are up 4.5% on average since the latest earnings results. Recycling corporate waste to help companies be more sustainable, Quest Resource (NASDAQ:QRHC) is a provider of waste and recycling services. Quest Resource reported revenues of $68.43 million, down 5.8% year on year. This print fell short of analysts' expectations by 5%. Overall, it was a slower quarter for the company with a significant miss of analysts' EPS estimates. Perry Moss, Quest's Chief Executive Officer, said, 'I am proud of the team's commitment to our 'performance culture', and we are working together to develop and implement short- and long-term initiatives. We are successfully adding and onboarding blue-chip clients, continuing to provide differentiated value-added service to clients, while at the same time taking significant actions to drive efficiencies and accountability across the organization. The actions now underway are beginning to normalize operations and will help position Quest to drive positive long-term results. Importantly, we have a robust pipeline and a strong value proposition, which we expect to translate into new customers and share of wallet growth with existing customers.' Unsurprisingly, the stock is down 11.5% since reporting and currently trades at $2.24. Read our full report on Quest Resource here, it's free. Founded to protect a tree-lined two-lane road, Montrose (NYSE:MEG) provides air quality monitoring, environmental laboratory testing, compliance, and environmental consulting services. Montrose reported revenues of $177.8 million, up 14.5% year on year, outperforming analysts' expectations by 6%. The business had a stunning quarter with a solid beat of analysts' organic revenue estimates and an impressive beat of analysts' EPS estimates. Montrose delivered the biggest analyst estimates beat and highest full-year guidance raise among its peers. The market seems happy with the results as the stock is up 28.5% since reporting. It currently trades at $19.26. Is now the time to buy Montrose? Access our full analysis of the earnings results here, it's free. Tackling hazardous waste challenges since 1990, Perma-Fix (NASDAQ:PESI) provides environmental waste treatment services. Perma-Fix reported revenues of $13.92 million, up 2.2% year on year, falling short of analysts' expectations by 9%. It was a disappointing quarter as it posted a significant miss of analysts' EBITDA and EPS estimates. Perma-Fix delivered the weakest performance against analyst estimates in the group. Interestingly, the stock is up 8.1% since the results and currently trades at $9.57. Read our full analysis of Perma-Fix's results here. Operating a network of municipal solid waste landfills in the U.S. and Canada, Waste Connections (NYSE:WCN) is North America's third-largest waste management company providing collection, disposal, and recycling services. Waste Connections reported revenues of $2.23 billion, up 7.5% year on year. This print met analysts' expectations. Overall, it was a very strong quarter as it also recorded a solid beat of analysts' organic revenue estimates and an impressive beat of analysts' adjusted operating income estimates. The stock is down 2.2% since reporting and currently trades at $190.97. Read our full, actionable report on Waste Connections here, it's free. Cooling America's first indoor ice rink in the 19th century, Enviri (NYSE:NVRI) offers steel and waste handling services. Enviri reported revenues of $548.3 million, down 8.7% year on year. This number came in 2.1% below analysts' expectations. Zooming out, it was actually a strong quarter as it produced a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. Enviri had the slowest revenue growth among its peers. The stock is up 12.2% since reporting and currently trades at $7.70. Read our full, actionable report on Enviri here, it's free. In response to the Fed's rate hikes in 2022 and 2023, inflation has been gradually trending down from its post-pandemic peak, trending closer to the Fed's 2% target. Despite higher borrowing costs, the economy has avoided flashing recessionary signals. This is the much-desired soft landing that many investors hoped for. The recent rate cuts (0.5% in September and 0.25% in November 2024) have bolstered the stock market, making 2024 a strong year for equities. Donald Trump's presidential win in November sparked additional market gains, sending indices to record highs in the days following his victory. However, debates continue over possible tariffs and corporate tax adjustments, raising questions about economic stability in 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
Quest Resource price target lowered to $5.50 from $6.50 at Northland
Northland analyst Owen Rickert lowered the firm's price target on Quest Resource (QRHC) to $5.50 from $6.50 and keeps an Outperform rating on the shares. Q1 results came in roughly in-line, reflecting previously discussed temporary cost pressures, while the reduction in revenue can be attributed to lower volumes due to client attrition and lower volumes at a select number of larger clients, the analyst tells investors. Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on QRHC: Disclaimer & DisclosureReport an Issue Quest Resource Amends Credit Agreements for Flexibility Quest Resource Reports Q1 2025 Financial Results Quest Resource reports Q1 EPS (13c), consensus (5c) QRHC Earnings this Week: How Will it Perform? Quest Resource Modifies Board with New Cooperation Agreement Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-04-2025
- Business
- Yahoo
1 Industrials Stock with Exciting Potential and 2 to Brush Off
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow. Due to this bearish outlook, the industry has tumbled by 11.2% over the past six months. This drop was worse than the S&P 500's 5.6% loss. The elite companies can churn out earnings growth under any circumstance, however, and our mission at StockStory is to help you find them. Keeping that in mind, here is one resilient industrials stock at the top of our wish list and two we're swiping left on. Market Cap: $45.75 million Recycling corporate waste to help companies be more sustainable, Quest Resource (NASDAQ:QRHC) is a provider of waste and recycling services. Why Do We Pass on QRHC? Products and services are facing end-market challenges during this cycle, as seen in its flat sales over the last two years 6.4 percentage point decline in its free cash flow margin over the last five years reflects the company's increased investments to defend its market position Unfavorable liquidity position could lead to additional equity financing that dilutes shareholders Quest Resource's stock price of $2.22 implies a valuation ratio of 5.9x forward price-to-earnings. If you're considering QRHC for your portfolio, see our FREE research report to learn more. Market Cap: $1.98 billion Started with $10,000, Hub Group (NASDAQ:HUBG) is a provider of intermodal, truck brokerage, and logistics services, facilitating transportation solutions for businesses worldwide. Why Should You Sell HUBG? Declining unit sales over the past two years suggest it might have to lower prices to accelerate growth High input costs result in an inferior gross margin of 12.9% that must be offset through higher volumes Earnings per share have dipped by 43.4% annually over the past two years, which is concerning because stock prices follow EPS over the long term At $35.34 per share, Hub Group trades at 14x forward price-to-earnings. To fully understand why you should be careful with HUBG, check out our full research report (it's free). Market Cap: $856.7 million Primarily serving the oil and gas industry, Aris Water (NYSE:ARIS) is a provider of water handling and recycling solutions. Why Are We Bullish on ARIS? Offerings are difficult to replicate at scale and lead to a best-in-class gross margin of 54.9% Performance over the past two years shows its incremental sales were extremely profitable, as its annual earnings per share growth of 24.6% outpaced its revenue gains Free cash flow profile has moved into positive territory over the last five years, indicating the company has passed a significant test Aris Water is trading at $26.08 per share, or 15x forward price-to-earnings. Is now the right time to buy? Find out in our full research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like United Rentals (+322% five-year return). Find your next big winner with StockStory today for free.
Yahoo
10-04-2025
- Business
- Yahoo
A Look Back at Waste Management Stocks' Q4 Earnings: Quest Resource (NASDAQ:QRHC) Vs The Rest Of The Pack
As the Q4 earnings season wraps, let's dig into this quarter's best and worst performers in the waste management industry, including Quest Resource (NASDAQ:QRHC) and its peers. Waste management companies can possess licenses permitting them to handle hazardous materials. Furthermore, many services are performed through contracts and statutorily mandated, non-discretionary, or recurring, leading to more predictable revenue streams. However, regulation can be a headwind, rendering existing services obsolete or forcing companies to invest precious capital to comply with new, more environmentally-friendly rules. Lastly, waste management companies are at the whim of economic cycles. Interest rates, for example, can greatly impact industrial production or commercial projects that create waste and byproducts. The 9 waste management stocks we track reported a slower Q4. As a group, revenues missed analysts' consensus estimates by 1.2%. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 11.6% since the latest earnings results. Recycling corporate waste to help companies be more sustainable, Quest Resource (NASDAQ:QRHC) is a provider of waste and recycling services. Quest Resource reported revenues of $69.97 million, flat year on year. This print fell short of analysts' expectations by 5%. Overall, it was a disappointing quarter for the company with a significant miss of analysts' EBITDA and EPS estimates. Perry Moss, Quest's Chief Executive Officer, stated, 'I believe strongly in Quest's value proposition and in the power of our platform. We have a tremendous roster of clients, and a highly capable organization focused on generating value for our stakeholders. Importantly, we have a robust pipeline of potential new business, and we expect to continue to deepen client relationships, add valuable services and solutions, invest in our business and people, and improve profitability.' Unsurprisingly, the stock is down 37.5% since reporting and currently trades at $2.42. Read our full report on Quest Resource here, it's free. Starting with the founder picking up garbage with a pickup truck he purchased using savings from high school, Casella (NASDAQ:CWST) offers waste management services for businesses, residents, and the government. Casella Waste Systems reported revenues of $427.5 million, up 18.9% year on year, outperforming analysts' expectations by 2.3%. The business had a satisfactory quarter with an impressive beat of analysts' EPS estimates but a significant miss of analysts' adjusted operating income estimates. Casella Waste Systems pulled off the biggest analyst estimates beat, fastest revenue growth, and highest full-year guidance raise among its peers. The market seems content with the results as the stock is up 2.8% since reporting. It currently trades at $109.80. Is now the time to buy Casella Waste Systems? Access our full analysis of the earnings results here, it's free. Tackling hazardous waste challenges since 1990, Perma-Fix (NASDAQ:PESI) provides environmental waste treatment services. Perma-Fix reported revenues of $14.7 million, down 35.3% year on year, falling short of analysts' expectations by 6.9%. It was a disappointing quarter as it posted a significant miss of analysts' EBITDA and EPS estimates. Perma-Fix delivered the weakest performance against analyst estimates and slowest revenue growth in the group. The stock is flat since the results and currently trades at $7.25. Read our full analysis of Perma-Fix's results here. Operating a network of municipal solid waste landfills in the U.S. and Canada, Waste Connections (NYSE:WCN) is North America's third-largest waste management company providing collection, disposal, and recycling services. Waste Connections reported revenues of $2.26 billion, up 11% year on year. This number surpassed analysts' expectations by 0.8%. Aside from that, it was a mixed quarter as it also produced a solid beat of analysts' adjusted operating income estimates but a miss of analysts' EPS estimates. The stock is up 1.3% since reporting and currently trades at $192.25. Read our full, actionable report on Waste Connections here, it's free. Headquartered in Houston, Waste Management (NYSE:WM) is a provider of comprehensive waste management services in North America. Waste Management reported revenues of $5.89 billion, up 13% year on year. This result beat analysts' expectations by 0.9%. More broadly, it was a slower quarter as it recorded a significant miss of analysts' adjusted operating income and EPS estimates. The stock is up 5.9% since reporting and currently trades at $222. Read our full, actionable report on Waste Management here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Sign in to access your portfolio
