Waste Management Stock Buy Hold or Sell Recommendation
| WM Stock | USD 205.07 1.08 0.52% |
Allowing for the 90-day total investment horizon and your typical level of risk aversion, our recommendation regarding Waste Management is 'Hold'. Macroaxis provides Waste Management buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding WM positions. The advice algorithm takes into account all of Waste Management's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Waste Management's buy or sell advice are summarized below:
Real Value 190.59 | Target Price 179.56 | Hype Value 204.3 | Market Value 205.07 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Waste Management given historical horizon and risk tolerance towards Waste Management. When Macroaxis issues a 'buy' or 'sell' recommendation for Waste Management, the advice is generated through an automated system that utilizes algorithms and statistical models.
Waste |
Execute Waste Management Buy or Sell Advice
The Waste recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Waste Management. Macroaxis does not own or have any residual interests in Waste Management or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Waste Management's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | 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 |
Waste Management Trading Alerts and Improvement Suggestions
| The company 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. Debt can assist Waste Management until it has trouble settling it off, either with new capital or with free cash flow. So, Waste Management's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Waste Management sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Waste to invest in growth at high rates of return. When we think about Waste Management's use of debt, we should always consider it together with cash and equity. | |
| Waste Management has a strong financial position based on the latest SEC filings | |
| Over 85.0% of Waste Management outstanding shares are owned by institutional investors | |
| On 28th of March 2024 Waste Management paid $ 0.75 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: What You Can Learn From Waste Management, Inc.s PE |
Waste Management Returns Distribution Density
The distribution of Waste Management's historical returns is an attempt to chart the uncertainty of Waste Management's future price movements. The chart of the probability distribution of Waste Management daily returns describes the distribution of returns around its average expected value. We use Waste Management price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Waste Management returns is essential to provide solid investment advice for Waste Management.
| Mean Return | 0.20 | Value At Risk | -0.85 | Potential Upside | 1.22 | Standard Deviation | 0.93 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Waste Management historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Waste Stock 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 originates 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 | Norges Bank | 2023-12-31 | 4.4 M | Wells Fargo & Co | 2023-12-31 | 4.2 M | Capital Research Global Investors | 2023-12-31 | 4.1 M | Lazard Asset Management Llc | 2023-12-31 | 4.1 M | Amundi | 2023-12-31 | 4 M | Northern Trust Corp | 2023-12-31 | 3.9 M | Bank Of America Corp | 2023-12-31 | 3.5 M | Legal & General Group Plc | 2023-12-31 | 3.4 M | Bank Of New York Mellon Corp | 2023-12-31 | 3 M | Vanguard Group Inc | 2023-12-31 | 36.2 M | Gates Bill & Melinda Foundation | 2023-09-30 | 35.2 M |
Waste Management Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 3.5B | (3.0B) | (454M) | 251M | 107M | 112.4M | |
| Free Cash Flow | 2.1B | 1.8B | 2.4B | 1.9B | 1.8B | 1.9B | |
| Depreciation | 1.6B | 1.7B | 2.0B | 1.3B | 1.3B | 1.1B | |
| Capital Expenditures | 1.8B | 1.6B | 1.9B | 2.6B | 2.9B | 3.0B | |
| Net Income | 1.7B | 1.5B | 1.8B | 2.2B | 2.3B | 2.4B | |
| End Period Cash Flow | 183M | 3.6B | 648M | 445M | 552M | 425.4M | |
| Other Non Cash Items | 363M | 304M | 365M | 1.0B | 1.2B | 1.3B | |
| Dividends Paid | 876M | 927M | 970M | 1.1B | (1.1B) | (1.1B) | |
| Change To Inventory | (243M) | 216M | (234M) | 59M | 53.1M | 44.2M | |
| Change Receivables | (53M) | (179M) | 28M | (329M) | (296.1M) | (281.3M) | |
| Net Borrowings | 3.1B | (239M) | (456M) | 1.4B | 1.6B | 1.6B | |
| Change To Netincome | 338M | 363M | 396M | 179M | 205.9M | 211.4M | |
| Investments | (2.4B) | (4.8B) | (1.9B) | (3.1B) | (3.0B) | (2.9B) |
Waste Management Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Waste Management or Commercial Services & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Waste Management's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Waste stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.19 | |
β | Beta against NYSE Composite | -0.01 | |
σ | Overall volatility | 0.95 | |
Ir | Information ratio | 0.14 |
Waste Management Volatility Alert
Waste Management exhibits very low volatility with skewness of 3.67 and kurtosis of 22.36. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Waste Management's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Waste Management's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Waste Management Implied Volatility
Waste Management's implied volatility exposes the market's sentiment of Waste Management stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Waste Management's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Waste Management stock will not fluctuate a lot when Waste Management's options are near their expiration.
Waste Management Fundamentals Vs Peers
Comparing Waste Management's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Waste Management's direct or indirect competition across all of the common fundamentals between Waste Management and the related equities. This way, we can detect undervalued stocks with similar characteristics as Waste Management or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Waste Management's fundamental indicators could also be used in its relative valuation, which is a method of valuing Waste Management by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Waste Management to competition |
| Fundamentals | Waste Management | Peer Average |
| Return On Equity | 0.33 | -0.31 |
| Return On Asset | 0.0745 | -0.14 |
| Profit Margin | 0.11 % | (1.27) % |
| Operating Margin | 0.20 % | (5.51) % |
| Current Valuation | 98.6 B | 16.62 B |
| Shares Outstanding | 401.3 M | 571.82 M |
| Shares Owned By Insiders | 0.21 % | 10.09 % |
| Shares Owned By Institutions | 84.56 % | 39.21 % |
| Number Of Shares Shorted | 4.42 M | 4.71 M |
| Price To Earning | 30.57 X | 28.72 X |
| Price To Book | 11.94 X | 9.51 X |
| Price To Sales | 4.03 X | 11.42 X |
| Revenue | 20.43 B | 9.43 B |
| Gross Profit | 7.4 B | 27.38 B |
| EBITDA | 5.84 B | 3.9 B |
| Net Income | 2.28 B | 570.98 M |
| Cash And Equivalents | 351 M | 2.7 B |
| Cash Per Share | 0.33 X | 5.01 X |
| Total Debt | 16.23 B | 5.32 B |
| Debt To Equity | 2.00 % | 48.70 % |
| Current Ratio | 0.85 X | 2.16 X |
| Book Value Per Share | 17.20 X | 1.93 K |
| Cash Flow From Operations | 4.72 B | 971.22 M |
| Short Ratio | 2.86 X | 4.00 X |
| Earnings Per Share | 5.66 X | 3.12 X |
| Price To Earnings To Growth | 2.84 X | 4.89 X |
| Target Price | 216.95 | |
| Number Of Employees | 48 K | 18.84 K |
| Beta | 0.72 | -0.15 |
| Market Capitalization | 82.26 B | 19.03 B |
| Total Asset | 32.82 B | 29.47 B |
| Retained Earnings | 14.33 B | 9.33 B |
| Working Capital | (422 M) | 1.48 B |
Note: Exercise or conversion by Woods Duane C 1 of 6625 shares of Waste Management subject to Rule 16b-3 [view details]
Waste Management Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Waste . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 5714.87 | |||
| Daily Balance Of Power | (0.71) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 205.29 | |||
| Day Typical Price | 205.21 | |||
| Price Action Indicator | (0.76) | |||
| Period Momentum Indicator | (1.08) | |||
| Relative Strength Index | 45.74 |
About Waste Management Buy or Sell Advice
When is the right time to buy or sell Waste Management? Buying financial instruments such as Waste Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 13.4B | 15.0B | 16.2B | 17.0B | Total Assets | 29.1B | 31.4B | 32.8B | 18.0B |
Use Investing Ideas to Build Portfolios
In addition to having Waste Management in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Sports Thematic Idea Now
Sports
Companies in sporting activities arena as well as manufacturers of sporting goods and sport retailers. The Sports theme has 25 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Sports Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Waste Management Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Waste Stock analysis
When running Waste Management's price analysis, check to measure Waste Management's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Waste Management is operating at the current time. Most of Waste Management's value examination focuses on studying past and present price action to predict the probability of Waste Management's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waste Management's price. Additionally, you may evaluate how the addition of Waste Management to your portfolios can decrease your overall portfolio volatility.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Stocks Directory Find actively traded stocks across global markets | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |
Is Waste Management's industry 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 0.01 | Dividend Share 2.8 | Earnings Share 5.66 | Revenue Per Share 50.447 | Quarterly Revenue Growth 0.057 |
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.
Please note, there is a significant difference between Waste Management's value and its price as these two are different measures arrived at by different 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.