Waste Management, Inc (NYSE: WM) has experienced a rise in its stock price by 0.40 compared to its previous closing price of 207.17. However, the company has seen a gain of 2.27% in its stock price over the last five trading days. zacks.com reported 2025-01-13 that Waste Management (WM) concluded the recent trading session at $207.53, signifying a +0.14% move from its prior day’s close.
Is It Worth Investing in Waste Management, Inc (NYSE: WM) Right Now?
Waste Management, Inc (NYSE: WM) has a higher price-to-earnings ratio of 31.78x compared to its average ratio. WM has 36-month beta value of 0.78. Analysts have mixed views on the stock, with 9 analysts rating it as a “buy,” 2 as “overweight,” 11 as “hold,” and 0 as “sell.”
The public float for WM is 400.49M, and currently, short sellers hold a 0.84% ratio of that float. The average trading volume of WM on January 16, 2025 was 1.57M shares.
WM’s Market Performance
The stock of Waste Management, Inc (WM) has seen a 2.27% increase in the past week, with a -3.01% drop in the past month, and a -2.58% fall in the past quarter. The volatility ratio for the week is 1.38%, and the volatility levels for the past 30 days are at 1.36% for WM. The simple moving average for the past 20 days is 1.37% for WM’s stock, with a -1.04% simple moving average for the past 200 days.
Analysts’ Opinion of WM
Many brokerage firms have already submitted their reports for WM stocks, with Scotiabank repeating the rating for WM by listing it as a “Sector Perform.” The predicted price for WM in the upcoming period, according to Scotiabank is $220 based on the research report published on October 04, 2024 of the previous year 2024.
Deutsche Bank gave a rating of “Buy” to WM, setting the target price at $241 in the report published on May 22nd of the previous year.
WM Trading at -3.11% from the 50-Day Moving Average
After a stumble in the market that brought WM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.72% of loss for the given period.
Volatility was left at 1.36%, however, over the last 30 days, the volatility rate increased by 1.38%, as shares sank -2.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.64% lower at present.
During the last 5 trading sessions, WM rose by +2.27%, which changed the moving average for the period of 200-days by -2.42% in comparison to the 20-day moving average, which settled at $205.18. In addition, Waste Management, Inc saw 3.08% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WM starting from Morris John J, who proposed sale 13,907 shares at the price of $221.71 back on Nov 21 ’24. After this action, Morris John J now owns shares of Waste Management, Inc, valued at $3,083,278 using the latest closing price.
Rooney Kelly C., the Officer of Waste Management, Inc, proposed sale 5,257 shares at $225.78 during a trade that took place back on Nov 12 ’24, which means that Rooney Kelly C. is holding shares at $1,186,908 based on the most recent closing price.
Stock Fundamentals for WM
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.34 for the gross margin
The net margin for Waste Management, Inc stands at 0.12. The total capital return value is set at 0.13. Equity return is now at value 35.38, with 7.92 for asset returns.
Based on Waste Management, Inc (WM), the company’s capital structure generated 0.68 points at debt to capital in total, while cash flow to debt ratio is standing at 0.32. The debt to equity ratio resting at 2.09. The interest coverage ratio of the stock is 7.59.
Currently, EBITDA for the company is 5.59 billion with net debt to EBITDA at 2.59. When we switch over and look at the enterprise to sales, we see a ratio of 4.65. The receivables turnover for the company is 6.84for trailing twelve months and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.89.
Conclusion
To put it simply, Waste Management, Inc (WM) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
