Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Waste Management, Inc (NYSE: WM) closed at $214.52 down -0.72% from its previous closing price of $216.08. In other words, the price has decreased by -$0.72 from its previous closing price. On the day, 1.65 million shares were traded. WM stock price reached its highest trading level at $216.94 during the session, while it also had its lowest trading level at $213.52.
Ratios:
For a deeper understanding of Waste Management, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 139.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.94. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 2.09 whereas as Long-Term Debt/Eq ratio is at 2.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Scotiabank on October 04, 2024, initiated with a Sector Perform rating and assigned the stock a target price of $220.
On May 22, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $241.Deutsche Bank initiated its Buy rating on May 22, 2024, with a $241 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 21 ’24 when Morris John J bought 13,907 shares for $221.71 per share.
Rooney Kelly C. bought 5,257 shares of WM for $1,186,908 on Nov 12 ’24. On Nov 08 ’24, another insider, Carrasco Rafael, who serves as the Officer of the company, bought 2,455 shares for $225.75 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WM now has a Market Capitalization of 86101041152 and an Enterprise Value of 102132932608. As of this moment, Waste’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.77, and their Forward P/E ratio for the next fiscal year is 26.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.03 while its Price-to-Book (P/B) ratio in mrq is 10.79. Its current Enterprise Value per Revenue stands at 4.775 whereas that against EBITDA is 16.006.
Stock Price History:
Over the past 52 weeks, WM has reached a high of $230.39, while it has fallen to a 52-week low of $172.30. The 50-Day Moving Average of the stock is -1.15%, while the 200-Day Moving Average is calculated to be 1.85%.
Shares Statistics:
For the past three months, WM has traded an average of 1.44M shares per day and 1574650 over the past ten days. A total of 401.35M shares are outstanding, with a floating share count of 400.50M. Insiders hold about 0.22% of the company’s shares, while institutions hold 82.18% stake in the company. Shares short for WM as of 1732838400 were 2576066 with a Short Ratio of 1.79, compared to 1730332800 on 3019215. Therefore, it implies a Short% of Shares Outstanding of 2576066 and a Short% of Float of 0.64.
Dividends & Splits
According to the company, the forward annual dividend rate for WM is 3.00, from 2.95 in the trailing year. Against a Trailing Annual Dividend Yield of 0.013652351The stock’s 5-year Average Dividend Yield is 1.63.
