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 maximum price target given was 85, implying potential capital gains of 13.96 percent. The most pessimistic price target was 61, implying a possible loss of -18.22 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.62 percent. That number becomes 0.62 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 0.16 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of WM to grow at a rate of 14.54 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of WM is 1.87.

In the trailing 52-weeks, WM hit 76.00 at the highest peak, while it's lowest trading point was 61.08. Today's price is 22.12 percent above the 52-week low, and below the high by 1.86 percent. 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.