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Waste Management (WM)
NYSE:WM
Waste Management (WM) Stock Price & Analysis
4,659 Followers
WM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$148.56 - $214.54
Previous Close$212.2
Volume2.05M
Average Volume (3M)1.64M
Market Cap
$85.11B
Enterprise Value$100.87B
Total Cash (Recent Filing)$458.00M
Total Debt (Recent Filing)$16.23B
Price to Earnings (P/E)34.7
Beta0.56
Next Earnings
Jul 23, 2024EPS Estimate
$1.82Next Dividend Ex-Date
Jun 07, 2024Dividend Yield1.36%
Share Statistics
EPS (TTM)6.12
Shares Outstanding401,083,098
10 Day Avg. Volume1,535,216
30 Day Avg. Volume1,637,100
Standard Deviation0.06
R-Squared0.44
Alpha0.00671
Financial Highlights & Ratios
Price to Book (P/B)-27.06
Price to Sales (P/S)16.07
Price to Cash Flow (P/CF)15.20
P/FCF Ratio61.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.94
Enterprise Value/Gross Profit12.90
Enterprise Value/Ebitda21.72
Forecast
1Y Price Target
$223.29Price Target Upside6.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Waste Management News
Bulls Say, Bears Say
Bulls Say
Earnings GuidanceWM's raised full-year guidance reflects confidence in maintaining solid margin performance and realizing further efficiencies.
Financial PerformanceAnalyst's recommendation is supported by WM's strong operating cost management and SG&A efficiency, leading to a robust year-over-year EBITDA growth.
Operational EfficiencyWM's pricing strategy and cost per unit control suggest a stable financial outlook, underpinned by effective efficiency initiatives and labor productivity improvements.
Bears Say
Commodity PricesLower commodity prices negatively impacted full-year revenue.
Cost ManagementSG&A as a percentage of revenue was higher than anticipated, indicating increased costs.
ValuationThe stock is trading at an all-time high multiple, with a free cash flow yield at an all-time low, suggesting limited growth potential at the current valuation.
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Ownership Overview
0.90% Insiders
18.37% Mutual Funds
46.75% Other Institutional Investors
33.98% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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WM FAQ
What was Waste Management’s price range in the past 12 months?
Waste Management lowest stock price was $148.56 and its highest was $214.54 in the past 12 months.
What is Waste Management’s market cap?
Currently, no data Available
When is Waste Management’s upcoming earnings report date?
Waste Management’s upcoming earnings report date is Jul 23, 2024 which is in 66 days.
How were Waste Management’s earnings last quarter?
Waste Management released its earnings results on Apr 24, 2024. The company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.5 by $0.25.
Is Waste Management overvalued?
According to Wall Street analysts Waste Management’s price is currently Undervalued.
Does Waste Management pay dividends?
Waste Management pays a Quarterly dividend of $0.75 which represents an annual dividend yield of 1.36%. See more information on Waste Management dividends here
What is Waste Management’s EPS estimate?
Waste Management’s EPS estimate is $1.82.
How many shares outstanding does Waste Management have?
Waste Management has 401,083,100 shares outstanding.
What happened to Waste Management’s price movement after its last earnings report?
Waste Management reported an EPS of $1.75 in its last earnings report, beating expectations of $1.5. Following the earnings report the stock price went up 1.079%.
Which hedge fund is a major shareholder of Waste Management?
Among the largest hedge funds holding Waste Management’s share is Bill & Melinda Gates Foundation Trust. It holds Waste Management’s shares valued at 8B.
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Waste Management Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$223.29 (6.11% Upside)
$223.29 (6.11% Upside)
Blogger Sentiment
Bullish
WM Sentiment 80%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 443.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $18.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 2.2%
Last 30 Days ▲ 2.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
28.62%
12-Months-Change
Fundamentals
Return on Equity
35.73%
Trailing 12-Months
Asset Growth
4.40%
Trailing 12-Months
Company Description
Waste Management
Headquartered in Texas and founded in 1987, Waste Management, Inc. provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It provides services that range from collection and disposal to recycling and renewable energy generation.
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WM Earnings Call
Q1 2024
0:00 / 0:00
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WM Stock 12 Month Forecast
Average Price Target
$223.29
▲(6.11% Upside)
Technical Analysis
Best Analysts Covering WM
1 Year
1 Year Success Rate
28/28 ratings generated profit
1 Year Average Return
+22.80%
reiterated a buy rating 23 days ago
Copying Noah Kaye's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +22.80% per trade.
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