Waste Management, Inc (NYSE: WM) on Tuesday, soared 0.77% from the previous trading day, before settling in for the closing price of $214.24. Within the past 52 weeks, WM’s price has moved between $167.78 and $225.00.
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During the last 5-year period, the sales growth of Industrials Sector giant was 6.69%. The company achieved an average annual earnings per share of 18.52%. With a float of $400.53 million, this company’s outstanding shares have now reached $401.46 million.
Let’s determine the extent of company efficiency that accounts for 48000 employees. In terms of profitability, gross margin is 34.39%, operating margin of 18.63%, and the pretax margin is 15.91%.
Waste Management, Inc (WM) Insider Activity
Observing investor behavior towards Waste Management industry stocks is more important than anything else. The insider ownership of Waste Management, Inc is 0.21%, while institutional ownership is 82.81%. The most recent insider transaction that took place on Nov 05 ’24, was worth 66,796. In this transaction Director of this company sold 310 shares at a rate of $215.47, taking the stock ownership to the 3,875 shares. Before that another transaction happened on Nov 05 ’24, when Company’s Director proposed sale 310 for $214.70, making the entire transaction worth $66,557.
Waste Management, Inc (WM) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 18.52% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.37% 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
Waste Management, Inc (WM) is currently performing well based on its current performance indicators. A quick ratio of 0.85 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.05. Likewise, its price to free cash flow for the trailing twelve months is 41.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.55, a number that is poised to hit 1.82 in the next quarter and is forecasted to reach 8.04 in one year’s time.
Technical Analysis of Waste Management, Inc (WM)
Looking closely at Waste Management, Inc (NYSE: WM), its last 5-days average volume was 1.37 million, which is a drop from its year-to-date volume of 1.62 million. As of the previous 9 days, the stock’s Stochastic %D was 61.43%. Additionally, its Average True Range was 3.40.
During the past 100 days, Waste Management, Inc’s (WM) raw stochastic average was set at 67.90%, which indicates a significant decrease from 70.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.11% in the past 14 days, which was higher than the 21.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $209.52, while its 200-day Moving Average is $207.05. However, in the short run, Waste Management, Inc’s stock first resistance to watch stands at $216.99. Second resistance stands at $218.10. The third major resistance level sits at $219.93. If the price goes on to break the first support level at $214.06, it is likely to go to the next support level at $212.23. Should the price break the second support level, the third support level stands at $211.12.
Waste Management, Inc (NYSE: WM) Key Stats
Market capitalization of the company is 86.65 billion based on 401,366K outstanding shares. Right now, sales total 20,426 M and income totals 2,304 M. The company made 5,609 M in profit during its latest quarter, and 760,000 K in sales during its previous quarter.
