On Monday, Waste Management, Inc. (NYSE: WM) was 0.71% up from the session before settling in for the closing price of $206.80. A 52-week range for WM has been $160.90 – $225.00.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 6.69%. When this article was written, the company’s average yearly earnings per share was at 17.13%. With a float of $400.48 million, this company’s outstanding shares have now reached $401.46 million.
Considering the fact that the conglomerate employs 48000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 34.11%, operating margin of 18.53%, and the pretax margin is 15.63%.
Waste Management, Inc. (WM) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Waste Management, Inc. stocks. The insider ownership of Waste Management, Inc. is 0.21%, while institutional ownership is 82.98%. The most recent insider transaction that took place on Sep 09 ’24, was worth 80,198. Before that another transaction happened on Jul 16 ’24, when Company’s Sr. VP-Chief Customer Officer sold 1,500 for $220.00, making the entire transaction worth $330,000. This insider now owns 44,144 shares in total.
Waste Management, Inc. (WM) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 1.74 earnings per share (EPS) during the time that was better than consensus figure (set at 1.53) by 0.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.82 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 17.13% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.29% during the next five years compared to 4.94% growth over the previous five years of trading.
Waste Management, Inc. (NYSE: WM) Trading Performance Indicators
You can see what Waste Management, Inc. (WM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.98. Likewise, its price to free cash flow for the trailing twelve months is 39.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.29, a number that is poised to hit 1.82 in the next quarter and is forecasted to reach 8.00 in one year’s time.
Technical Analysis of Waste Management, Inc. (WM)
Compared to the last year’s volume of 1.61 million, its volume of 1.29 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 10.69%. Additionally, its Average True Range was 2.69.
During the past 100 days, Waste Management, Inc.’s (WM) raw stochastic average was set at 41.08%, which indicates a significant increase from 18.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.82% in the past 14 days, which was lower than the 19.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $208.70, while its 200-day Moving Average is $206.06. Nevertheless, the first resistance level for the watch stands at $209.09 in the near term. At $209.91, the stock is likely to face the second major resistance level. The third major resistance level sits at $210.96. If the price goes on to break the first support level at $207.22, it is likely to go to the next support level at $206.17. Should the price break the second support level, the third support level stands at $205.35.
Waste Management, Inc. (NYSE: WM) Key Stats
There are 401,083K outstanding shares of the company, which has a market capitalization of 83.58 billion. As of now, sales total 20,426 M while income totals 2,304 M. Its latest quarter income was 5,402 M while its last quarter net income were 680,000 K.
