Waste Management, Inc (WM) concluded trading on Thursday at a closing price of $222.43, with 3.16 million shares of worth about $703.3 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.61% during that period and on January 30, 2025 the price saw a gain of about 6.15%. Currently the company’s common shares owned by public are about 401.37M shares, out of which, 400.48M shares are available for trading.
Stock saw a price change of 5.87% in past 5 days and over the past one month there was a price change of 9.02%. Year-to-date (YTD), WM shares are showing a performance of 10.23% which increased to 20.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $184.72 but also hit the highest price of $230.39 during that period. The average intraday trading volume for Waste Management, Inc shares is 1.65 million. The stock is currently trading 6.64% above its 20-day simple moving average (SMA20), while that difference is up 4.36% for SMA50 and it goes to 5.71% higher than SMA200.
Waste Management, Inc (NYSE: WM) currently have 401.37M outstanding shares and institutions hold larger chunk of about 82.17% of that.
The stock has a current market capitalization of $89.28B and its 3Y-monthly beta is at 0.78. PE ratio of stock for trailing 12 months is 32.68, while it has posted earnings per share of $6.81 in the same period. Its PEG reads 2.77 and has Quick Ratio of 0.85 while making debt-to-equity ratio of 2.09. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WM, volatility over the week remained 1.81% while standing at 1.38% over the month.
Stock’s fiscal year EPS is expected to rise by 8.59% while it is estimated to increase by 12.24% in next year. EPS is likely to grow at an annualized rate of 11.80% for next 5-years, compared to annual growth of 11.76% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Scotiabank on January 27, 2025 offering a Sector outperform rating for the stock and assigned a target price range of between $225 and $250 to it. Coverage by Scotiabank stated Waste Management, Inc (WM) stock as a Sector perform in their note to investors on October 04, 2024, suggesting a price target of $220 for the stock. On October 03, 2024, William Blair Initiated their recommendations, while on May 22, 2024, Deutsche Bank Initiated their ratings for the stock with a price target of $241. Stock get a Sector perform rating from RBC Capital Mkts on April 08, 2024.
