Analyzing Waste Management Stock Performance

By Blake Campbell • Friday, August 15 10:12 • Permanent Link

Waste Management logged a -0.3% change during today's morning session, and is now trading at a price of $225.49 per share. The S&P 500 index moved -0.0%. WM's trading volume is 608,414 compared to the stock's average volume of 1,634,935.

Waste Management trades -12.07% away from its average analyst target price of $256.45 per share. The 20 analysts following the stock have set target prices ranging from $198.0 to $277.0, and on average have given Waste Management a rating of buy.

Anyone interested in buying WM should be aware of the facts below:

Waste Management's current price is 302.7% above its Graham number of $55.99, which implies that at its current valuation it does not offer a margin of safety
Waste Management has moved 10.1% over the last year, and the S&P 500 logged a change of 16.5%
Based on its trailing earnings per share of 6.74, Waste Management has a trailing 12 month Price to Earnings (P/E) ratio of 33.5 while the S&P 500 average is 29.3
WM has a forward P/E ratio of 27.9 based on its forward 12 month price to earnings (EPS) of $8.07 per share
Its Price to Book (P/B) ratio is 9.87 compared to its sector average of 2.36
Waste Management, Inc., through its subsidiaries, provides environmental solutions to residential, commercial, industrial, and municipal customers in the United States, Canada, Western Europe, and internationally.
Based in Houston, the company has 61,700 full time employees and a market cap of $90.83 Billion. Waste Management currently returns an annual dividend yield of 1.4%.

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.