Analyst Ratings for Waste Management Inc. (WM)

Updated: 2017-07-26

Analysts covering Waste Management Inc. (NYSE:WM) have given it a consensus rating of Overweight. Last month, WM received an average rating of Overweight.

7 analysts declared WM a buy, 0 gave an overweight rating, 7 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.

WM was given price targets by several analysts. The maximum price target given was 85, implying a possible profit of 13.96 percent. The most pessimistic price target was 61, implying a possible loss of -18.22 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.62 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.62 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.16 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

The growth rate of WM's earnings is estimated by analysts to be 14.54 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. WM has a PEG ratio of 1.87.

WM has traded between a high of 76.00 and a low of 61.08 over the past year. Today's price is 22.12 percent above the 52-week low, and 1.86 percent lower than its 52-week high. WM has a price/earnings ratio of 27.26. Investors typically compare the P/E ratio to a company's peers in the industry. The WM value stock report compares WM to some of its peers using value stock charts. The market cap of WM is $33.42 billion. WM will post this quarters earnings in days, on 0000-00-00.