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Waste Management, Inc is a waste management business based in the US. Waste Management shares (WM) are listed on the NYSE and all prices are listed in US Dollars. Waste Management employs 44,900 staff and has a trailing 12-month revenue of around USD$15.1 billion.
Since the stock market crash in March caused by coronavirus, Waste Management's share price has had significant negative movement.
Its last market close was USD$115.87, which is 6.98% down on its pre-crash value of USD$124.56 and 35.77% up on the lowest point reached during the March crash when the shares fell as low as USD$85.34.
If you had bought USD$1,000 worth of Waste Management shares at the start of February 2020, those shares would have been worth USD$716.14 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$944.34.
|Latest market close||USD$115.87|
|52-week range||USD$85.34 - USD$126.79|
|50-day moving average||USD$113.9906|
|200-day moving average||USD$106.8437|
|Wall St. target price||USD$119.27|
|Dividend yield||USD$2.18 (1.92%)|
|Earnings per share (TTM)||USD$3.782|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-10-22)||0.09%|
|1 month (2020-09-29)||2.17%|
|3 months (2020-07-29)||5.67%|
|6 months (2020-04-29)||14.79%|
|1 year (2019-10-29)||3.43%|
|2 years (2018-10-29)||34.09%|
|3 years (2017-10-27)||40.77%|
|5 years (2015-10-29)||112.76%|
Valuing Waste Management stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Waste Management's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Waste Management's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 30x. In other words, Waste Management shares trade at around 30x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Waste Management's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.6344. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Waste Management's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Waste Management's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$4.2 billion.
The EBITDA is a measure of a Waste Management's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$15.1 billion|
|Operating margin TTM||17.16%|
|Gross profit TTM||USD$6 billion|
|Return on assets TTM||6.16%|
|Return on equity TTM||24.1%|
|Market capitalisation||USD$48.3 billion|
TTM: trailing 12 months
There are currently 3.3 million Waste Management shares held short by investors – that's known as Waste Management's "short interest". This figure is 15.1% down from 3.9 million last month.
There are a few different ways that this level of interest in shorting Waste Management shares can be evaluated.
Waste Management's "short interest ratio" (SIR) is the quantity of Waste Management shares currently shorted divided by the average quantity of Waste Management shares traded daily (recently around 1.8 million). Waste Management's SIR currently stands at 1.83. In other words for every 100,000 Waste Management shares traded daily on the market, roughly 1830 shares are currently held short.
However Waste Management's short interest can also be evaluated against the total number of Waste Management shares, or, against the total number of tradable Waste Management shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Waste Management's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Waste Management shares in existence, roughly 10 shares are currently held short) or 0.0078% of the tradable shares (for every 100,000 tradable Waste Management shares, roughly 8 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Waste Management.
Find out more about how you can short Waste Management stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Waste Management.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 10.59
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Waste Management's overall score of 10.59 (as at 10/01/2020) is excellent – landing it in it in the 5th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Waste Management is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 3.19/100
Social score: 3.11/100
Governance score: 0.22/100
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Waste Management scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Waste Management has, for the most part, managed to keep its nose clean.
|Total ESG score||10.59|
|Total ESG percentile||5.48|
|Level of controversy||2|
Dividend payout ratio: 51.25% of net profits
Recently Waste Management has paid out, on average, around 51.25% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.92% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Waste Management shareholders could enjoy a 1.92% return on their shares, in the form of dividend payments. In Waste Management's case, that would currently equate to about $2.18 per share.
Waste Management's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Waste Management's most recent dividend payout was on 18 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 3 September 2020 (the "ex-dividend date").
Over the last 12 months, Waste Management's shares have ranged in value from as little as $85.34 up to $126.79. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Waste Management's is 0.7242. This would suggest that Waste Management's shares are less volatile than average (for this exchange).
Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations. As of December 31, 2019, the company owned or operated 244 solid waste landfills; 5 secure hazardous waste landfills; 103 MRFs; and 302 transfer stations. It also provides materials processing and commodities recycling services; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. Further, it offers fluorescent bulb and universal waste mail-back services through LampTracker program; portable restroom services under the Port-o-Let name; and street and parking lot sweeping services, as well as holds interests in oil and gas producing properties. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is based in Houston, Texas.
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