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 most optimistic analyst gave a price target of 85, implying potential capital gains of 13.96 percent. The most pessimistic price target was 61, implying potential capital losses of -18.22 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.62 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0.62 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. 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, which can be compared to the 0 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

WM has an estimated earnings growth rate of 14.54 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. The current market price is above the trailing year's low by 22.12 percent, and 1.86 percent below the 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 market cap of WM is $33.42 billion. WM's next earnings release will be on 0000-00-00, which is days away.