Currently, Waste Management, Inc [WM] is trading at $223.72, up 1.57%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WM shares have gain 4.72% over the last week, with a monthly amount glided 10.87%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Waste Management, Inc [NYSE: WM] stock has seen the most recent analyst activity on January 27, 2025, when Scotiabank upgraded its rating to a Sector Outperform and also boosted its price target to $250 from $225. Previously, Scotiabank started tracking the stock with Sector Perform rating on October 04, 2024, and set its price target to $220. On October 03, 2024, William Blair initiated with a Outperform rating. Deutsche Bank started tracking the stock assigning a Buy rating and suggested a price target of $241 on May 22, 2024. HSBC Securities downgraded its rating to Hold for this stock on February 15, 2024, but kept the price target unchanged to $210. In a note dated February 14, 2024, UBS downgraded an Neutral rating on this stock and boosted its target price from $190 to $205.
This stock has fluctuated between a low of $184.85 and a high of $230.39 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $229.6 within the next 12 months. Waste Management, Inc [NYSE: WM] shares were valued at $223.72 at the most recent close of the market. An investor can expect a potential return of 2.63% based on the average WM price forecast.
Analyzing the WM fundamentals
Trailing Twelve Months sales for Waste Management, Inc [NYSE:WM] were 22.06B which represents 12.96% growth. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.51, Equity is 0.48 and Total Capital is 0.77.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 219.52 points at the first support level, and at 215.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 226.90, and for the 2nd resistance point, it is at 230.09.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Waste Management, Inc [NYSE:WM] is 0.89. Also, the Quick Ratio is 0.85. Considering the valuation of this stock, the price to sales ratio is 4.07, the price to book ratio is 11.25 and price to earnings (TTM) ratio is 32.87.
Transactions by insiders
Recent insider trading involved Varkey Johnson, SVP-Chief Information Officer, that happened on Jan 31 ’25 when 560.0 shares were sold. VP & Chief Accounting Officer, Carroll John A. completed a deal on Jan 31 ’25 to sell 209.0 shares. Meanwhile, EVP, Chief Legal Officer Boettcher Charles C sold 693.0 shares on Jan 31 ’25.
