A comprehensive look at Waste Management WM through the lens of 8 analysts within the last quarter:
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 3 | 2 | 3 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 1 | 0 | 0 |
2M Ago | 2 | 1 | 2 | 0 | 0 |
3M Ago | 0 | 1 | 0 | 0 | 0 |
Over the past 3 months, Waste Management received 12-month price targets from 8 analysts. The average target is $177.62, with a high of $190.00 and a low of $163.00.
Explore a summary of how these 8 analysts have rated Waste Management in the last 3 months. More bullish ratings indicate a positive sentiment, while more bearish ratings signify a negative outlook.
Notable over the past month is the 2.75% increase in the average price target.
Interpreting Analyst Ratings: A Closer Look
Take a deep dive into the evaluations of financial experts and analysts as we dissect their recent assessments for Waste Management. The Ratings Table below offers an extensive overview of the decisions taken by prominent analysts, their current ratings, and price targets. Offer crucial insights into emerging market trends and investor sentiment by understanding how these experts perceive the company.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Michael Hoffman | Stifel | Raises | Buy | $190.00 | $183.00 |
Ken Gawrelski | Wells Fargo | Announces | Equal-Weight | $175.00 | - |
Michael Hoffman | Stifel | Raises | Buy | $183.00 | $177.00 |
Walter Spracklin | RBC Capital | Raises | Sector Perform | $163.00 | $160.00 |
Devin Dodge | BMO Capital | Raises | Market Perform | $163.00 | $160.00 |
Patrick Tyler Brown | Raymond James | Lowers | Outperform | $175.00 | $179.00 |
Jon Windham | UBS | Raises | Buy | $190.00 | $170.00 |
Noah Kaye | Oppenheimer | Raises | Outperform | $182.00 | $181.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Waste Management. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Waste Management compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Waste Management's stock. This examination reveals shifts in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Waste Management's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Waste Management analyst ratings.
Get to Know Waste Management Better
WM ranks as the largest integrated provider of traditional solid waste services in the United States, operating 259 active landfills and about 337 transfer stations. The company serves residential, commercial, and industrial end markets and is also a leading recycler in North America.
Waste Management: Financial Performance Dissected
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Over the 3 months period, Waste Management showcased positive performance, achieving a revenue growth rate of 2.42% as of 30 September, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Net Margin: Waste Management's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 12.75% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 9.57%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.09%, the company showcases effective utilization of assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.22, caution is advised due to increased financial risk.
The Significance of Analyst Ratings Explained
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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