Are You Thinking About Investing In Waste Management?

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
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.