Waste Management, Inc. (WM) posted a 0.35% change over the last five days signaling a new trend

A new trading day began on Friday, with Waste Management, Inc. (NYSE: WM) stock price up 188.86% from the previous day of trading, before settling in for the closing price of $188.32. WM’s price has ranged from $148.31 to $190.44 over the past 52 weeks.

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Industrials Sector giant saw their annual sales surged by 7.44% over the last five years. Meanwhile, its annual earnings per share averaged 7.06%. With a float of $401.96 million, this company’s outstanding shares have now reached $407.89 million.

The firm has a total of Nov 30 2023 workers. Let’s measure their productivity.

Waste Management, Inc. (WM) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Waste Management Industry. The insider ownership of Waste Management, Inc. is 0.20%, while institutional ownership is 82.44%. The most recent insider transaction that took place on Feb 06, was worth 473,750. In this transaction EVP, Corp Development & CLO of this company sold 2,500 shares at a rate of $189.50, taking the stock ownership to the 30,459 shares. Before that another transaction happened on Jan 19, when Company’s EVP, Corp Development & CLO sold 2,500 for $184.50, making the entire transaction worth $461,250. This insider now owns 32,959 shares in total.

Waste Management, Inc. (WM) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 169.28 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 7.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 4.11% growth over the previous five years of trading.

Waste Management, Inc. (NYSE: WM) Trading Performance Indicators

Here are Waste Management, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.78. Likewise, its price to free cash flow for the trailing twelve months is 45.52.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.66, a number that is poised to hit 1.53 in the next quarter and is forecasted to reach 6.75 in one year’s time.

Technical Analysis of Waste Management, Inc. (WM)

Analysing the last 5-days average volume posted by the [Waste Management, Inc., WM], we can find that recorded value of 1.61 million was better than the volume posted last year of 1.54 million. As of the previous 9 days, the stock’s Stochastic %D was 83.01%. Additionally, its Average True Range was 2.09.

During the past 100 days, Waste Management, Inc.’s (WM) raw stochastic average was set at 96.12%, which indicates a significant increase from 78.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.15% in the past 14 days, which was lower than the 15.26% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $180.10, while its 200-day Moving Average is $167.60. Now, the first resistance to watch is $189.91. This is followed by the second major resistance level at $190.95. The third major resistance level sits at $192.13. If the price goes on to break the first support level at $187.69, it is likely to go to the next support level at $186.51. Now, if the price goes above the second support level, the third support stands at $185.47.

Waste Management, Inc. (NYSE: WM) Key Stats

With a market capitalization of 76.07 billion, the company has a total of 402,775K Shares Outstanding. Currently, annual sales are 19,698 M while annual income is 2,238 M. The company’s previous quarter sales were 5,198 M while its latest quarter income was 663,000 K.