Waste Management Stock Today
| WM Stock | USD 205.07 1.08 0.52% |
Performance14 of 100
| Odds Of DistressLess than 10
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Waste Management is selling at 205.07 as of the 19th of April 2024; that is -0.52 percent decrease since the beginning of the trading day. The stock's lowest day price was 204.52. Waste Management has less than a 10 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Waste Management are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Commercial & Professional Services | IPO Date 2nd of June 1988 | Category Industrials |
Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas. The company has 401.3 M outstanding shares of which 4.42 M shares are at this time sold short in the market by investors with about 2.86 days to cover all shorted shares. More on Waste Management
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Waste Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Waste Management's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Waste Management or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Waste Management's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Waste Management's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | James Fish | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | Showing 3 out of 5 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Environmental & Facilities Services, Commercial & Professional Services, Industrials, NYSE Composite, SP 500 Index, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Management, Almost Nothing, SRI Sustainable Growth, Macroaxis Picks, Recycling, Industrials, Commercial Services & Supplies, Waste Management, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Waste Management report their recommendations after researching Waste Management's financial statements, talking to executives and customers, or listening in on Waste Management's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Waste Management. The Waste consensus assessment is calculated by taking the average forecast from all of the analysts covering Waste Management. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Waste Management's liquidity, profitability, solvency, and operating efficiency, Waste Management is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Waste Management is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Waste Management's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Waste Management's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Waste Management's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Waste Management's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Waste Management's financial leverage. It provides some insight into what part of Waste Management's total assets is financed by creditors.
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Waste Management (WM) is traded on New York Stock Exchange in USA. It is located in 800 Capitol Street, Houston, TX, United States, 77002 and employs 48,000 people. Waste Management is listed under Environmental & Facilities Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 82.26 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Waste Management's market, we take the total number of its shares issued and multiply it by Waste Management's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Waste Management is active under Commercial Services & Supplies sector as part of Industrials industry. The entity has 401.3 M outstanding shares of which 4.42 M shares are at this time sold short in the market by investors with about 2.86 days to cover all shorted shares.
Waste Management reports about 351 M in cash with 4.72 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.33.
Check Waste Management Probability Of Bankruptcy
Ownership AllocationWaste Management retains a total of 401.3 Million outstanding shares. The majority of Waste Management outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Waste Management to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Waste Management. Please pay attention to any change in the institutional holdings of Waste Management as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Waste Ownership Details
Waste Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Waste Management jumping above the current price in 90 days from now is about 34.42%. The Waste Management probability density function shows the probability of Waste Management stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon Waste Management has a beta of -0.0141. This entails as returns on the benchmark increase, returns on holding Waste Management are expected to decrease at a much lower rate. During a bear market, however, Waste Management is likely to outperform the market. Additionally, waste Management has an alpha of 0.1917, implying that it can generate a 0.19 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Waste Management to move above the current price in 90 days from now is about 34.42 (This Waste Management probability density function shows the probability of Waste Stock to fall within a particular range of prices over 90 days) .
Waste Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Waste Management that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Waste Management's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Waste Management's value.| Instituion | Recorded On | 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 Historical Income Statement
Waste Management Income Statement is one of the three primary financial statements used for reporting Waste's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Waste Management revenue and expense. Waste Management Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Waste Management's Extraordinary Items is very stable compared to the past year. View More FundamentalsWaste Stock Against Markets
Picking the right benchmark for Waste Management stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Waste Management stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Waste Management is critical whether you are bullish or bearish towards Waste Management at a given time. Please also check how Waste Management's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Waste Management without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Waste Management Corporate Directors
Waste Management corporate directors refer to members of a Waste Management board of directors. The board of directors generally takes responsibility for the Waste Management's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Waste Management's board members must vote for the resolution. The Waste Management board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ed Egl | Director - Investor Relations | Profile | |
| Victoria Holt | Independent Director | Profile | |
| Patrick Gross | Independent Director | Profile | |
| Andres Weilert | Director | Profile |
How to buy Waste Stock?
Before investing in Waste Management, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Waste Management. To buy Waste Management stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Waste Management. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Waste Management stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Waste Management stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Waste Management stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Waste Management, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy Waste Stock please use our How to Invest in Waste Management guide.
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.
When determining whether Waste Management is a strong investment it is important to analyze Waste Management's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Waste Management's future performance. For an informed investment choice regarding Waste Stock, refer to the following important reports: 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 tightly coupled 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.
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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.