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.

Investment analysts gave a few price targets for WM. The most optimistic price target was 85, which equates to a potential upside of 13.96 percent. The most pessimistic price target was 61, implying potential capital losses of -18.22 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.62 percent on average, compared to last month. That number becomes 0.62 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.16 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of WM to grow at a rate of 14.54 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, 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.

In the last 52-weeks, WM has achieved a high of 76.00 and a low of 61.08. Currently the stock is 22.12 percent higher than its low, and 1.86 percent lower than its 52-week high. WM has a P/E 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 stock has a market capitalization of $33.42 billion. WM will post this quarters earnings in days, on 0000-00-00.