The Zacks Waste Removal Services industry is anticipated to gain from the rising need for ESG goals, technological developments and innovation in WTE technology. RSG, HTO and MEG are well-poised to gain from growing demands.
H2O America's rebrand clarifies its pure-play water utility focus, and recent results exceeded expectations with strong revenue and EPS growth. The company boasts an A-rated balance sheet, robust liquidity, and a $2 billion capex plan, supporting 5-7% annual EPS growth through 2029. Shares trade at a 14% discount to my fair value estimate, offering potential 13% annual total returns through 2027 if growth targets are met.