More about Waste Management, Inc.
Regulatory Filings for Waste Management, Inc.
Fundamentals for Waste Management, Inc.
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Fundamentals for Waste Management, Inc.
Business Operations:
Sector: IndustrialsIndustry: Waste Management
Waste Management, Inc., through its subsidiaries, provides environmental solutions to residential, commercial, industrial, and municipal customers in the United States, Canada, Western Europe, and internationally. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, recovery facility, or disposal site; owns and operates transfer stations; and owns, develops, and operates landfill gas-to-energy facilities that produce renewable electricity and renewable natural gas. It also operates materials processing and commodities recycling services, including cardboard, paper, glass, metals, plastics, construction and demolition materials, and other recycling commodities are recovered for resale or redirected for other purposes; markets and resells recycling commodities; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company collects recyclable food and yard waste, as well as markets and sells mulch, compost, soil amendments, and renewable energy; offers remediation and construction, and industrial waste services; and manages and markets fly ash. Further, it provides Regulated Waste and Compliance Services (RWCS), which offers compliance programs, as well as collection, processing, and disposal of regulated and specialized waste, including medical, pharmaceutical, and hazardous waste; and Secure Information Destruction (SID) services that include the collection of personal and confidential information for secure destruction and recycling of sorted office paper. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was founded in 1968 and is based in Houston, Texas.
Revenue projections:
WM's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.
Financial Ratios:
| currentRatio | 0.934000 |
|---|---|
| forwardPE | 24.739382 |
| debtToEquity | 228.408000 |
| earningsGrowth | 0.133000 |
| revenueGrowth | 0.035000 |
| grossMargins | 0.406050 |
| operatingMargins | 0.175200 |
| trailingEps | 6.910000 |
| forwardEps | 9.247200 |
With WM's Forward PE in a favorable range, the stock appears reasonably priced compared to its earnings. This suggests that it's not overpriced and there is room for growth, providing an encouraging opportunity for investors seeking future value increases.
WM's high debt-to-equity ratio suggests a heavily leveraged capital structure. The company relies on debt to fund operations, which could heighten financial risks, particularly if economic conditions deteriorate or profitability declines.
WM's forward EPS surpasses its trailing EPS, indicating that the company is expected to be more profitable in the current financial year. This reflects growing confidence in WM's earnings potential, suggesting stronger financial performance compared to the previous year.
Price projections:
Price projections for Waste Management, Inc. have gradually risen over time, signaling increased optimism about the company's future prospects. This steady upward revision reflects growing confidence in Waste Management, Inc.'s market potential.
Insider Transactions:
Recent trading of WM stock saw 20 sales, with market price at 233.5288070678711 per share.There were 1 purchases of WM stock, with market price of 196.77000427246094.WM's current price levels have seen more sells, possibly signaling bearish sentiment. If this trend remains unchanged, the stock could experience further declines as more investors opt to sell rather than hold their positions.
Recommendation changes over time:
WM has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see WM as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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