Waste Management, Inc [NYSE: WM] price surged by 6.15 percent to reach at $12.88.
The one-year WM stock forecast points to a potential upside of 5.3. The average equity rating for WM stock is currently 2.08, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Waste Management, Inc [WM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WM shares is $234.89 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WM stock is a recommendation set at 2.08. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Scotiabank have made an estimate for Waste Management, Inc shares, keeping their opinion on the stock as Sector Outperform, with their previous recommendation back on January 27, 2025. While these analysts kept the previous recommendation, Scotiabank raised their target price to Sector Perform. The new note on the price target was released on October 04, 2024, representing the official price target for Waste Management, Inc stock.
The Average True Range (ATR) for Waste Management, Inc is set at 3.64, with the Price to Sales ratio for WM stock in the period of the last 12 months amounting to 4.05. The Price to Book ratio for the last quarter was 11.19, with the Price to Cash per share for the same quarter was set at 1.54. Price to Free Cash Flow for WM in the course of the last twelve months was 41.35 with Quick ratio for the last quarter at 0.85.
WM Stock Performance Analysis:
Waste Management, Inc [WM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.87. With this latest performance, WM shares gained by 9.02% in over the last four-week period, additionally plugging by 10.61% over the last 6 months – not to mention a rise of 20.01% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WM stock in for the last two-week period is set at 68.78, with the RSI for the last a single of trading hit 73.97, and the three-weeks RSI is set at 64.10 for Waste Management, Inc [WM]. The present Moving Average for the last 50 days of trading for this stock 213.13, while it was recorded at 213.74 for the last single week of trading, and 210.41 for the last 200 days.
Insight into Waste Management, Inc Fundamentals:
Waste Management, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.85 and a Current Ratio set at 0.89.
WM Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Waste Management, Inc go to 11.80%.
Waste Management, Inc [WM] Institutonal Ownership Details
There are presently around $83.79%, or 83.97%% of WM stock, in the hands of institutional investors. The top three institutional holders of WM stocks are: VANGUARD GROUP INC with ownership of 36.27 million shares, which is approximately 9.0283%. BILL & MELINDA GATES FOUNDATION TRUST, holding 35.23 million shares of the stock with an approximate value of $$7.52 billion in WM stocks shares; and BILL & MELINDA GATES FOUNDATION TRUST, currently with $$6.54 billion in WM stock with ownership which is approximately 7.6369%.
