Is Waste Management Stock a Good Investment?
Waste Management Investment Advice | WM |
- Examine Waste Management's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Waste Management's leadership team and their track record. Good management can help Waste Management navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Environmental & Facilities Services space and any emerging trends that could impact Waste Management's business and its evolving consumer preferences.
- Compare Waste Management's performance and market position to its competitors. Analyze how Waste Management is positioned in terms of product offerings, innovation, and market share.
- Check if Waste Management pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Waste Management's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Waste Management stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Waste Management is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Waste Management Stock
Researching Waste Management's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 83.0% of the company outstanding shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.33. Waste Management recorded earning per share (EPS) of 6.54. The entity last dividend was issued on the 6th of December 2024.
To determine if Waste Management is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Waste Management's research are outlined below:
| Waste Management reports 16.23 B of total liabilities with total debt to equity ratio (D/E) of 2.01, which may imply that the company relies heavily on debt financing. Waste Management has a current ratio of 0.83, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for Waste to invest in growth at high rates of return. | |
| Waste Management has a strong financial position based on the latest SEC filings | |
| Over 83.0% of Waste Management outstanding shares are owned by institutional investors | |
| On 27th of September 2024 Waste Management paid $ 0.75 per share dividend to its current shareholders | |
| Latest headline from accesswire.com: Disposition of 1860 shares by Kimberly Stith of Waste Management at 204.7585 subject to Rule 16b-3 |
Waste Management Quarterly Accounts Payable |
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Waste Management uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Waste Management. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Waste Management's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 12th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 12th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Waste Management's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Waste Management's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2003-04-29 | 2003-03-31 | 0.23 | 0.2 | -0.03 | 13 | ||
2014-04-24 | 2014-03-31 | 0.44 | 0.49 | 0.05 | 11 | ||
2006-04-27 | 2006-03-31 | 0.3 | 0.35 | 0.05 | 16 | ||
2003-02-18 | 2002-12-31 | 0.34 | 0.39 | 0.05 | 14 | ||
2011-02-17 | 2010-12-31 | 0.54 | 0.6 | 0.06 | 11 | ||
2006-02-14 | 2005-12-31 | 0.4 | 0.46 | 0.06 | 15 | ||
2004-02-12 | 2003-12-31 | 0.33 | 0.39 | 0.06 | 18 | ||
2015-02-17 | 2014-12-31 | 0.6 | 0.67 | 0.07 | 11 |
Know Waste Management's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Waste Management is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Waste Management backward and forwards among themselves. Waste Management's institutional investor refers to the entity that pools money to purchase Waste Management's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Wells Fargo & Co | 2024-06-30 | 4.1 M | Nordea Investment Mgmt Bank Demark A/s | 2024-09-30 | 4 M | Legal & General Group Plc | 2024-06-30 | 3.8 M | Pictet Asset Manangement Sa | 2024-06-30 | 3.7 M | Lazard Asset Management Llc | 2024-06-30 | 3.6 M | Northern Trust Corp | 2024-09-30 | 3.5 M | Amundi | 2024-06-30 | 3.4 M | Bank Of New York Mellon Corp | 2024-06-30 | 2.9 M | Clearbridge Advisors, Llc | 2024-06-30 | 2.8 M | Vanguard Group Inc | 2024-09-30 | 36.8 M | Gates Bill & Melinda Foundation | 2024-09-30 | 32.2 M |
Waste Management's market capitalization trends
The company currently falls under 'Large-Cap' category with a market capitalization of 87.81 B.Market Cap |
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Waste Management's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.10 | 0.11 | |
| Return On Capital Employed | 0.13 | 0.12 | |
| Return On Assets | 0.07 | 0.04 | |
| Return On Equity | 0.33 | 0.35 |
Determining Waste Management's profitability involves analyzing its financial statements and using various financial metrics to determine if Waste Management is a good buy. For example, gross profit margin measures Waste Management's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Waste Management's profitability and make more informed investment decisions.
Evaluate Waste Management's management efficiency
Waste Management has Return on Asset (ROA) of 0.0795 % which means that for every $100 of assets, it generated a profit of $0.0795. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.3503 %, which means that it produced $0.3503 on every 100 dollars invested by current stockholders. Waste Management's management efficiency ratios could be used to measure how well Waste Management manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Waste Management's Return On Tangible Assets are very stable compared to the past year. As of the 22nd of November 2024, Return On Equity is likely to grow to 0.35, while Return On Capital Employed is likely to drop 0.12. At this time, Waste Management's Non Currrent Assets Other are very stable compared to the past year. As of the 22nd of November 2024, Intangible Assets is likely to grow to about 963.3 M, while Non Current Assets Total are likely to drop about 15.6 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 17.03 | 17.88 | |
| Tangible Book Value Per Share | (7.70) | (7.31) | |
| Enterprise Value Over EBITDA | 14.98 | 11.57 | |
| Price Book Value Ratio | 10.51 | 11.03 | |
| Enterprise Value Multiple | 14.98 | 11.57 | |
| Price Fair Value | 10.51 | 11.03 | |
| Enterprise Value | 22.4 B | 23.5 B |
Waste Management has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Dividend Yield 0.0137 | Forward Dividend Yield 0.0137 | Forward Dividend Rate 3 | Beta 0.747 |
Basic technical analysis of Waste Stock
As of the 22nd of November, Waste Management maintains the Market Risk Adjusted Performance of 0.1762, downside deviation of 1.02, and Mean Deviation of 0.7424. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Waste Management, as well as the relationship between them. Please check out Waste Management jensen alpha and semi variance to decide if Waste Management is priced fairly, providing market reflects its latest price of 221.53 per share. Given that Waste Management has jensen alpha of 0.0376, we strongly advise you to confirm Waste Management's prevalent market performance to make sure the company can sustain itself at a future point.Waste Management's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Waste Management insiders, such as employees or executives, is commonly permitted as long as it does not rely on Waste Management's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Waste Management insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Waste Management's Outstanding Corporate Bonds
Waste Management issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Waste Management uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Waste bonds can be classified according to their maturity, which is the date when Waste Management has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| WASTE MGMT INC Corp BondUS94106LAG41 | View | |
| WASTE MGMT INC Corp BondUS94106LBB45 | View | |
| WASTE MGMT INC Corp BondUS94106LBA61 | View | |
| WASTE MGMT INC Corp BondUS94106LBC28 | View | |
| WASTE MGMT INC Corp BondUS94106LBE83 | View | |
| US94106LBM00 Corp BondUS94106LBM00 | View | |
| US94106LBK44 Corp BondUS94106LBK44 | View | |
| US94106LBL27 Corp BondUS94106LBL27 | View |
Understand Waste Management's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Waste Management's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0624 | |||
| Market Risk Adjusted Performance | 0.1762 | |||
| Mean Deviation | 0.7424 | |||
| Semi Deviation | 0.9107 | |||
| Downside Deviation | 1.02 | |||
| Coefficient Of Variation | 1272.79 | |||
| Standard Deviation | 1.11 | |||
| Variance | 1.24 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0376 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1662 | |||
| Maximum Drawdown | 7.17 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 1.67 | |||
| Downside Variance | 1.05 | |||
| Semi Variance | 0.8294 | |||
| Expected Short fall | (0.77) | |||
| Skewness | 1.19 | |||
| Kurtosis | 6.12 |
| Risk Adjusted Performance | 0.0624 | |||
| Market Risk Adjusted Performance | 0.1762 | |||
| Mean Deviation | 0.7424 | |||
| Semi Deviation | 0.9107 | |||
| Downside Deviation | 1.02 | |||
| Coefficient Of Variation | 1272.79 | |||
| Standard Deviation | 1.11 | |||
| Variance | 1.24 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0376 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1662 | |||
| Maximum Drawdown | 7.17 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 1.67 | |||
| Downside Variance | 1.05 | |||
| Semi Variance | 0.8294 | |||
| Expected Short fall | (0.77) | |||
| Skewness | 1.19 | |||
| Kurtosis | 6.12 |
Consider Waste Management's intraday indicators
Waste Management intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Waste Management stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Waste Management Corporate Filings
F4 | 12th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 8th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 31st of October 2024 Other Reports | ViewVerify | |
| 30th of October 2024 Other Reports | ViewVerify |
Waste Stock media impact
Far too much social signal, news, headlines, and media speculation about Waste Management that are available to investors today. That information is available publicly through Waste media outlets and privately through word of mouth or via Waste internal channels. However, regardless of the origin, that massive amount of Waste data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Waste Management news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Waste Management relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Waste Management's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Waste Management alpha.
Waste Management Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Waste Management can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Waste Management Historical Investor Sentiment
Investor biases related to Waste Management's public news can be used to forecast risks associated with an investment in Waste. The trend in average sentiment can be used to explain how an investor holding Waste can time the market purely based on public headlines and social activities around Waste Management. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Waste Management's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Waste Management and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Waste Management news discussions. The higher the estimate score, the more favorable the investor's outlook on Waste Management.
Waste Management Corporate Directors
| Victoria Holt | Independent Director | Profile | |
| Sean Menke | Independent Director | Profile | |
| Andres Gluski | Independent Director | Profile | |
| Maryrose Sylvester | Independent Director | Profile |
Already Invested in Waste Management?
The danger of trading Waste Management is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Waste Management is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Waste Management. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Waste Management is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waste Management. If investors know Waste will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waste Management listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.153 | Dividend Share 2.95 | Earnings Share 6.54 | Revenue Per Share 53.245 | Quarterly Revenue Growth 0.079 |
The market value of Waste Management is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Management's value that differs from its market value or its book value, called intrinsic value, which is Waste Management's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waste Management's market value can be influenced by many factors that don't directly affect Waste Management's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Waste Management's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Waste Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Management's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.