Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Waste Management, Inc. (NYSE: WM) was $200.54 for the day, up 1.82% from the previous closing price of $196.96. In other words, the price has increased by $1.82 from its previous closing price. On the day, 1.9 million shares were traded. WM stock price reached its highest trading level at $200.9 during the session, while it also had its lowest trading level at $197.43.
Ratios:
Our analysis of WM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 84.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.03. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 2.25 whereas as Long-Term Debt/Eq ratio is at 2.21.
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, Deutsche Bank on May 22, 2024, initiated with a Buy rating and assigned the stock a target price of $241.
HSBC Securities Downgraded its Buy to Hold on February 15, 2024, while the target price for the stock was maintained at $210.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 16 ’24 when Watson Michael J. sold 1,500 shares for $220.00 per share. The transaction valued at 330,000 led to the insider holds 44,144 shares of the business.
Watson Michael J. sold 4,208 shares of WM for $859,631 on Jun 06 ’24. The Sr. VP-Chief Customer Officer now owns 45,644 shares after completing the transaction at $204.28 per share. On Mar 01 ’24, another insider, Fish James C Jr, who serves as the Pres, Chief Executive Officer of the company, sold 36,207 shares for $204.43 each. As a result, the insider received 7,401,797 and left with 198,345 shares of the company.
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 80479707136 and an Enterprise Value of 97044676608. As of this moment, Waste’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.86, and their Forward P/E ratio for the next fiscal year is 25.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.84 while its Price-to-Book (P/B) ratio in mrq is 10.79. Its current Enterprise Value per Revenue stands at 4.626 whereas that against EBITDA is 15.562.
Stock Price History:
Over the past 52 weeks, WM has reached a high of $225.00, while it has fallen to a 52-week low of $149.71. The 50-Day Moving Average of the stock is -4.32%, while the 200-Day Moving Average is calculated to be 3.42%.
Shares Statistics:
WM traded an average of 1.75M shares per day over the past three months and 1780050 shares per day over the past ten days. A total of 401.46M shares are outstanding, with a floating share count of 400.42M. Insiders hold about 0.22% of the company’s shares, while institutions hold 83.95% stake in the company. Shares short for WM as of 1721001600 were 3718010 with a Short Ratio of 2.12, compared to 1718323200 on 3851516. Therefore, it implies a Short% of Shares Outstanding of 3718010 and a Short% of Float of 0.9299999999999999.
Dividends & Splits
With its trailing 12-month dividend rate of 2.9, WM has a forward annual dividend rate of 2.90. Against a Trailing Annual Dividend Yield of 0.014723802The stock’s 5-year Average Dividend Yield is 1.65.
Earnings Estimates
The current rating of Waste Management, Inc. (WM) reflects the combined expertise of 18.0 analysts actively engaged in assessing its market performance.On average, analysts expect EPS of $1.89 for the current quarter, with a high estimate of $1.98 and a low estimate of $1.78, while EPS last year was $1.63. The consensus estimate for the next quarter is $1.83, with high estimates of $1.96 and low estimates of $1.7.
Analysts are recommending an EPS of between $7.46 and $6.99 for the fiscal current year, implying an average EPS of $7.26. EPS for the following year is $8.03, with 21.0 analysts recommending between $8.65 and $7.66.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 18 analysts. It ranges from a high estimate of $5.61B to a low estimate of $5.47B. As of the current estimate, Waste Management, Inc.’s year-ago sales were $5.2BFor the next quarter, 18 analysts are estimating revenue of $5.48B. There is a high estimate of $5.65B for the next quarter, whereas the lowest estimate is $5.33B.
A total of 22 analysts have provided revenue estimates for WM’s current fiscal year. The highest revenue estimate was $21.74B, while the lowest revenue estimate was $21.41B, resulting in an average revenue estimate of $21.57B. In the same quarter a year ago, actual revenue was $20.43BBased on 22 analysts’ estimates, the company’s revenue will be $23.36B in the next fiscal year. The high estimate is $25.83B and the low estimate is $22.5B.
