WM stock: buy or sell?

WM stock price: $118.15 0.10% At close on July 16th, 2019

Updated on:
July 16th, 2019

5

Waste Management closed today at $118.15 after topping to a new all time high ($118.31) and stayed constant a tight 0.10%. Tuesday was the 3rd climbing day in a row, marking 0.76%.

Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America.

Should I buy WM stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, 2 buy setups work for Waste Management stock right now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Waste Management stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 8 ratings published for WM stock in the last month.

The general sentiment of these ratings is bullish for WM stock, with 6 positive ratings.
Is WM a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-8Stifel Nicolausn/aBuy
2019-6-3Royal Bank of CanadaSector PerformOutperform
2019-6-3KeyCorpn/aOverweight
2019-5-1Royal Bank of Canadan/aSector Perform
2019-4-4UBS GroupBuyNeutral
2019-4-26Oppenheimern/aOutperform
2019-2-15Oppenheimern/aOutperform
2019-1-10UBS GroupNeutralBuy

WM stock analysis

Daily outlook

Waste Management shares set new all time highs back again today, marking to $118.31. Shares ended at $118.15 and stayed stable 0.10%.

Waste Management shares stayed constant 0.10% today and touched a new all time high at $118.31. WM broke out again over $117.27 after a 1.07% correction started on July/3.

WM stock chart (daily)

Weekly outlook

Shares of Waste Management ended this week at $118.15 after topping to a new all time high ($118.31) and remained constant a neutral 0.20%. Counting this, it's been 3 green weeks in a row, gaining $2.78 or 2.40%.

WM shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom early May, WM climbed unceasignly breaking out to new all time highs. Since late October 2018 when WM stock price broke up the SMA40w line, it gained $34.46 (41.18%). Since late August 2018 when SMA20w and SMA40w crossed up, WM price gained $28.60 per share (31.94%).

WM stock chart (weekly)

WM stock price history

WM stock went public on June 22nd, 1988 with a price of $2.861. Since then, WM stock grew a 4,031.10%, with an average of 130.00% per year. If you had invested $1,000 in WM stock in 1988, it would worth $40,311.00 today.

1: Adjusted price after possible price splits or reverse-splits.

WM stock historical price chart

WM stock reached all-time highs today with a price of $118.31.

WM stock price target is $116.50

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' WM stock price predictions in the hope that they will be met as they may be wrong and not met. We detected 6 price targets for WM stock released in the last 30 days:
WM stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-8Stifel NicolausRaises Target$120.00$125.004.2%
2019-6-3Royal Bank of CanadaUpgrades$113.00$125.0010.6%
2019-6-3KeyCorpReiterates$112.00$120.007.1%
2019-4-4UBS GroupDowngrades$103.00$106.002.9%
2019-4-26OppenheimerRaises Target$108.00$115.006.5%
2019-2-15OppenheimerRaises Target$95.00$108.0013.7%
(in average)$108.50$116.507.0%
The price forecast for Waste Management stock is $116.50, moving in a range between $125.00 and $106.00. In average, analysts' outlook on WM price target is positive, improving the target by a 7.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, Waste Management presented its financial report, posting a slightly good climb for the Earnings per Share (EPS). Experts were expecting $1.07 per share, but Waste Management posted $1.13.
WM earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.82n/a
2017-Q32017-10-260.880.92.3%
2017-Q42018-02-150.830.852.4%
2018-Q12018-04-200.820.9111.0%
2018-Q22018-07-251.011.010.0%
2018-Q32018-10-251.11.154.5%
2018-Q42019-02-141.071.135.6%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw a tiny gain of 2.96% to $14,914.00 M dollars. However, its profit margin (compared to revenues) remained stable to 12.91%, that is $1,925.00 million.

WM annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$13,990 M-$98 M0.7%-
2014$13,996 M0.04%$1,298 M9.3%1,224.49%
2015$12,961 M-7.39%$753 M5.8%-41.99%
2016$13,609 M5.00%$1,182 M8.7%56.97%
2017$14,485 M6.44%$1,949 M13.5%64.89%
2018$14,914 M2.96%$1,925 M12.9%-1.23%

Quarterly financial results

Waste Management posted $3,842.00 M in revenues for 2018-Q4, a 0.52% improvement compared to previous quarter. Reported quarter earnings marked $531.00 M with a profit margin of 13.82%. Profit margin stayed stable a 0.76% compared to previous quarter when profit margin was 13.06%. When comparing turnover to same quarter last year, Waste Management sales marked a decent increase and jumped a 5.20%. Looking back to recent quarterly results, Waste Management posted 3 negative quarters in a row.
WM quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$3,680 M-$362 M9.8%-
2017-Q3$3,720 M1.09%$386 M10.4%6.63%
2017-Q4$3,652 M-1.83%$903 M24.7%133.94%
2018-Q1$3,511 M-3.86%$396 M11.3%-56.15%
2018-Q2$3,739 M6.49%$499 M13.3%26.01%
2018-Q3$3,822 M2.22%$499 M13.1%0.00%
2018-Q4$3,842 M0.52%$531 M13.8%6.41%
2019-Q1$3,696 M-3.80%$347 M9.4%-34.65%

Waste Management ownership

When you are planning to invest in shares of a stock, it's always worth to review its ownership structure.

Waste Management shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.34% of all shares.

Bearish positions for WM stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Waste Management:

WMCLHCWSTECOLPESI
Market cap$50.2 B$3.9 B$1.7 B$1.3 B$47.0 M
Total shares424.7 M55.9 M41.7 M22.1 M12.1 M
Float shares423.7 M47.8 M41.0 M21.8 M11.3 M
  - Institutional holdings (%)81.5%94.6%83.7%85.9%44.3%
  - Insider holdings (%)0.3%8.1%4.5%1.0%6.3%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

WM summary

Tuesday, July 16th, 2019
Open$118.00
Close$118.15
Day range$117.77 - $118.31
Previous close$118.03
Session gain0.10%
Average true range$1.16
50d mov avg$112.12
100d mov avg$107.11
200d mov avg$98.83
Daily patternlb01c
Weekly pattern lb03c

Waste Management performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We picked Clean Harbors, Casella Waste Systems, US Ecology, Perma-Fix Environmental Services, Republic Services, Stericycle and Waste Connections as the bechmarking frame for Waste Management stock.
Stock3m6m12m
WMWaste Management12.20%26.28%45.74%
CLHClean Harbors-3.99%20.82%21.61%
CWSTCasella Waste Sys...16.66%29.53%60.23%
ECOLUS Ecology2.10%-5.27%-7.22%
PESIPerma-Fix Environ...-7.80%21.12%-9.30%
RSGRepublic Services10.93%15.51%30.42%
SRCLStericycle-17.72%10.39%-32.44%
WCNWaste Connections9.81%21.13%26.84%

Waste Management competitors

One check before trading any stock is to have a look a list of its competitors, in this case for Waste Management. We picked 7 companies as Waste Management competitors as they are in the same industry or have similar market objectives.

Latest WM stock news