Witnessing the stock’s movement on the chart, on May 24, 2023, Waste Management Inc. (NYSE: WM) had a quiet start as it plunged -0.10% to $162.62. During the day, the stock rose to $164.43 and sunk to $162.45 before settling in for the price of $162.78 at the close. Taking a more long-term approach, WM posted a 52-week range of $138.89-$175.98.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Industrials Sector giants’ yearly sales growth during the last 5-year period was 6.30%. Meanwhile, its Annual Earning per share during the time was -1.30%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 25.60%. This publicly-traded company’s shares outstanding now amounts to $407.40 million, simultaneously with a float of $405.67 million. The organization now has a market capitalization sitting at $66.01 billion. At the time of writing, stock’s 50-day Moving Average stood at $163.11, while the 200-day Moving Average is $161.21.
Let’s gauge the efficiency of the firm, which has a total of 49500 employees. It has generated 397,939 per worker during the last fiscal year. Meanwhile, its income per employee was 45,212. The stock had 7.44 Receivables turnover and 0.64 Total Asset turnover. For the Profitability, stocks gross margin was +27.24, operating margin was +17.45 and Pretax Margin of +14.81.
Waste Management Inc. (WM) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Waste Management industry. Waste Management Inc.’s current insider ownership accounts for 0.10%, in contrast to 87.80% institutional ownership. According to the most recent insider trade that took place on Feb 24, this organization’s VP & Chief Accounting Officer sold 800 shares at the rate of 151.11, making the entire transaction reach 120,888 in total value, affecting insider ownership by 5,210. Preceding that transaction, on Feb 21, Company’s VP & Chief Accounting Officer sold 60 for 153.40, making the whole transaction’s value amount to 9,204. This particular insider is now the holder of 6,010 in total.
Waste Management Inc. (WM) Earnings and Revenue Records
As on 3/30/2023, Multinational firm has announced its last quarter scores, in which it reported $1.31 earnings per share (EPS) for the period topping the consensus outlook (set at $1.28) by $0.03. This company achieved a net margin of +11.36 while generating a return on equity of 32.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.67 per share during the current fiscal year.
Waste Management Inc.’s EPS increase for this current 12-month fiscal period is 25.60% and is forecasted to reach 6.76 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.46% through the next 5 years, which can be compared against the -1.30% growth it accomplished over the previous five years trading on the market.
Waste Management Inc. (NYSE: WM) Trading Performance Indicators
Let’s observe the current performance indicators for Waste Management Inc. (WM). It’s Quick Ratio in the last reported quarter now stands at 0.80. The Stock has managed to achieve an average true range (ATR) of 2.16. Alongside those numbers, its PE Ratio stands at $29.74, and its Beta score is 0.73. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.31. Similarly, its price to free cash flow for trailing twelve months is now 164.21.
In the same vein, WM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.47, a figure that is expected to reach 1.55 in the next quarter, and analysts are predicting that it will be 6.76 at the market close of one year from today.
Technical Analysis of Waste Management Inc. (WM)
Going through the that latest performance of [Waste Management Inc., WM]. Its last 5-days volume of 1.34 million was inferior to the volume of 1.74 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 5.14% While, its Average True Range was 2.09.
Raw Stochastic average of Waste Management Inc. (WM) in the period of the previous 100 days is set at 62.79%, which indicates a major rise in contrast to 1.97% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 7.89% that was lower than 17.09% volatility it exhibited in the past 100-days period.
