Waste Management, Inc. (WM) last month performance of -0.52% certainly makes it a sizzling prospect

Waste Management, Inc. (NYSE: WM) open the trading on Wednesday, with great promise as it jumped 0.83% to $208.20, before settling in for the price of $206.48 at the close. Taking a more long-term approach, WM posted a 52-week range of $149.71-$214.54.

It was noted that the giant of the Industrials sector posted annual sales growth of 6.69% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 4.94%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 11.53%. This publicly-traded company’s shares outstanding now amounts to $401.46 million, simultaneously with a float of $400.62 million. The organization now has a market capitalization sitting at $83.61 billion. At the time of writing, stock’s 50-day Moving Average stood at $204.12, while the 200-day Moving Average is $176.31.

Waste Management, Inc. (WM) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Waste Management industry. Waste Management, Inc.’s current insider ownership accounts for 0.24%, in contrast to 83.26% institutional ownership. According to the most recent insider trade that took place on Mar 01 ’24, this organization’s Pres, Chief Executive Officer sold 36,207 shares at the rate of 204.43, making the entire transaction reach 7,401,797 in total value, affecting insider ownership by 198,345. Preceding that transaction, on Mar 01 ’24, Company’s SVP of Enterprise Strategy sold 840 for 204.86, making the whole transaction’s value amount to 172,082. This particular insider is now the holder of 14,067 in total.

Waste Management, Inc. (WM) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted $1.74 earnings per share (EPS) beating the forecaster’s viewpoint (set at $1.53) by $0.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.73 per share during the current fiscal year.

Waste Management, Inc.’s EPS increase for this current 12-month fiscal period is 11.53% and is forecasted to reach 7.82 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.00% through the next 5 years, which can be compared against the 4.94% 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 0.86. The Stock has managed to achieve an average true range (ATR) of 2.23. Alongside those numbers, its PE Ratio stands at $36.75, 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 4.09. Similarly, its price to free cash flow for trailing twelve months is now 45.84.

In the same vein, WM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.66, a figure that is expected to reach 1.50 in the next quarter, and analysts are predicting that it will be 7.82 at the market close of one year from today.

Technical Analysis of Waste Management, Inc. (WM)

[Waste Management, Inc., WM] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 17.02% While, its Average True Range was 2.21.

Raw Stochastic average of Waste Management, Inc. (WM) in the period of the previous 100 days is set at 86.16%, which indicates a major rise in contrast to 30.86% 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 9.71% that was lower than 13.66% volatility it exhibited in the past 100-days period.