WM stock: buy or sell?
July 16th, 2019
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:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-6-3||Royal Bank of Canada||Sector Perform||Outperform|
|2019-5-1||Royal Bank of Canada||n/a||Sector Perform|
WM stock analysis
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.
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 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 $116.50How 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-7-8||Stifel Nicolaus||Raises Target||$120.00||$125.00||4.2%|
|2019-6-3||Royal Bank of Canada||Upgrades||$113.00||$125.00||10.6%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared 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.
|2013||$13,990 M||-||$98 M0.7%||-|
|2014||$13,996 M||0.04%||$1,298 M9.3%||1,224.49%|
|2015||$12,961 M||-7.39%||$753 M5.8%||-41.99%|
|2016||$13,609 M||5.00%||$1,182 M8.7%||56.97%|
|2017||$14,485 M||6.44%||$1,949 M13.5%||64.89%|
|2018||$14,914 M||2.96%||$1,925 M12.9%||-1.23%|
Quarterly financial resultsWaste 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.
|2017-Q2||$3,680 M||-||$362 M9.8%||-|
|2017-Q3||$3,720 M||1.09%||$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 M||6.49%||$499 M13.3%||26.01%|
|2018-Q3||$3,822 M||2.22%||$499 M13.1%||0.00%|
|2018-Q4||$3,842 M||0.52%||$531 M13.8%||6.41%|
|2019-Q1||$3,696 M||-3.80%||$347 M9.4%||-34.65%|
Waste Management ownershipWhen 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:
|Market cap||$50.2 B||$3.9 B||$1.7 B||$1.3 B||$47.0 M|
|Total shares||424.7 M||55.9 M||41.7 M||22.1 M||12.1 M|
|Float shares||423.7 M||47.8 M||41.0 M||21.8 M||11.3 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, July 16th, 2019|
|Day range||$117.77 - $118.31|
|Average true range||$1.16|
|50d mov avg||$112.12|
|100d mov avg||$107.11|
|200d mov avg||$98.83|
Waste Management performancePerformance 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.
|CWSTCasella Waste Sys...||16.66%||29.53%||60.23%|
Waste Management competitorsOne 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.
- Clean Harbors (CLH)
- Casella Waste Systems (CWST)
- US Ecology (ECOL)
- Perma-Fix Environmental Services (PESI)
- Republic Services (RSG)
- Stericycle (SRCL)
- Waste Connections (WCN)
Latest WM stock news
- Seeking AlphaWaste Management: A Buy With Newly Announced AcquisitionApril 24, 2019
- InvestorPlaceWaste Management News: WM Stock Pops on $3 Billion Advanced Disposal DealApril 15, 2019
- InvestorPlaceWaste Management News: Why WM Stock Is Taking a Hit TodayApril 11, 2019
- Seeking AlphaWaste Management: Trash TalkFebruary 6, 2019
- Seeking AlphaWaste Management: Bottom Line Expansion In SightJanuary 15, 2019