Shares of Waste Management have moved -2.4% today, and are now trading at a price of $208.24. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 1,124,476 compared to the stock's average volume of 1,797,967.
Waste Management, Inc., through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. Based in Houston, United States the company has 48,000 full time employees and a market cap of $83,521,527,808. Waste Management currently offers its equity investors a dividend that yields 1.3% per year.
The company is now trading -8.65% away from its average analyst target price of $227.95 per share. The 19 analysts following the stock have set target prices ranging from $210.0 to $259.0, and on average give Waste Management a rating of buy.
Over the last 52 weeks, WM stock has risen 24.5%, which amounts to a 1.9% difference compared to the S&P 500. The stock's 52 week high is $214.54 whereas its 52 week low is $149.71 per share. With its net margins declining an average -2.3% over the last 6 years, Waste Management may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 20,426,000 | 2,304,000 | 11 | 0.0 |
| 2022 | 19,698,000 | 2,238,000 | 11 | 10.0 |
| 2021 | 17,931,000 | 1,816,000 | 10 | 0.0 |
| 2020 | 15,218,000 | 1,496,000 | 10 | -9.09 |
| 2019 | 15,455,000 | 1,670,000 | 11 | -15.38 |
| 2018 | 14,914,000 | 1,925,000 | 13 |
