Waste Management WM has been analyzed by 15 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 2 | 7 | 0 | 0 |
| Last 30D | 2 | 0 | 2 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 3 | 2 | 4 | 0 | 0 |
Analysts have set 12-month price targets for Waste Management, revealing an average target of $213.4, a high estimate of $256.00, and a low estimate of $178.00. Surpassing the previous average price target of $196.20, the current average has increased by 8.77%.
Investigating Analyst Ratings: An Elaborate Study
A comprehensive examination of how financial experts perceive Waste Management is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Jeffrey Goldstein | Morgan Stanley | Raises | Equal-Weight | $214.00 | $202.00 |
| Tobey Sommer | Truist Securities | Raises | Buy | $240.00 | $220.00 |
| Michael Hoffman | Stifel | Raises | Buy | $227.00 | $215.00 |
| Walter Spracklin | RBC Capital | Raises | Sector Perform | $215.00 | $211.00 |
| Walter Spracklin | RBC Capital | Raises | Sector Perform | $211.00 | $189.00 |
| Stephanie Moore | Jefferies | Raises | Buy | $256.00 | $230.00 |
| Bryan Burgmeier | Citigroup | Raises | Buy | $226.00 | $215.00 |
| Stephanie Yee | JP Morgan | Raises | Neutral | $197.00 | $165.00 |
| Devin Dodge | BMO Capital | Raises | Outperform | $178.00 | $166.00 |
| Devin Dodge | BMO Capital | Raises | Market Perform | $196.00 | $184.00 |
| Noah Kaye | Oppenheimer | Raises | Outperform | $212.00 | $188.00 |
| Walter Spracklin | RBC Capital | Raises | Sector Perform | $189.00 | $163.00 |
| Michael Hoffman | Stifel | Raises | Buy | $215.00 | $190.00 |
| Tobey Sommer | Truist Securities | Raises | Buy | $220.00 | $215.00 |
| Jon Windham | UBS | Raises | Neutral | $205.00 | $190.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Waste Management. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Waste Management compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Waste Management's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Waste Management's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Waste Management analyst ratings.
About Waste Management
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: A Financial Overview
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Waste Management's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 5.71%. This indicates 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 financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 9.45%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Waste Management's ROE stands out, surpassing industry averages. With an impressive ROE of 7.12%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Waste Management's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.52%, the company showcases efficient use of assets and strong financial health.
Debt Management: Waste Management's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.35, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
The Core of Analyst Ratings: What Every Investor Should Know
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.
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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