Waste Management, Inc (NYSE: WM) is 13.49% higher on its value in year-to-date trading and has touched a low of $196.59 and a high of $235.81 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WM stock was last observed hovering at around $228.93 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $229.02, the stock is 0.67% and 2.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing 0.04% at the moment leaves the stock 6.94% off its SMA200. WM registered 8.15% gain for a year compared to 6-month gain of 10.36%. The firm has a 50-day simple moving average (SMA 50) of $223.8546 and a 200-day simple moving average (SMA200) of $214.15884.
The stock witnessed a 0.14% loss in the last 1 month and extending the period to 3 months gives it a 12.37%, and is 0.93% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.17% over the week and 1.67% over the month.
Waste Management, Inc (WM) has around 61700 employees, a market worth around $92.09B and $22.06B in sales. Current P/E ratio is 33.64 and Fwd P/E is 26.45. Profit margin for the company is 12.45%. Distance from 52-week low is 16.50% and -2.88% from its 52-week high. The company has generated returns on investments over the last 12 months (8.67%).
The EPS is expected to grow by 5.46% this year
2804.0 institutions hold shares in Waste Management, Inc (WM), with institutional investors hold 85.35% of the company’s shares. The shares outstanding are 401.49M, and float is at 401.19M with Short Float at 0.96%. Institutions hold 85.16% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 36.27 million shares valued at $7.74 billion. The investor’s holdings represent 9.0283 of the WM Shares outstanding. As of 2024-06-30, the second largest holder is BILL & MELINDA GATES FOUNDATION TRUST with 35.23 million shares valued at $7.52 billion to account for 8.7801 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 30.68 million shares representing 7.6445 and valued at over $6.54 billion, while STATE STREET CORP holds 4.6121 of the shares totaling 18.53 million with a market value of $3.95 billion.
Waste Management, Inc (WM) Insider Activity
The most recent transaction is an insider sale by Morris John J, the company’s EVP & Chief Operation Officer. SEC filings show that Morris John J sold 19,153 shares of the company’s common stock on Mar 07 ’25 at a price of $224.71 per share for a total of $4.3 million. Following the sale, the insider now owns 85257.0 shares.
Waste Management, Inc disclosed in a document filed with the SEC on Mar 07 ’25 that Carroll John A. (VP & Chief Accounting Officer) sold a total of 1,251 shares of the company’s common stock. The trade occurred on Mar 07 ’25 and was made at $225.92 per share for $0.28 million. Following the transaction, the insider now directly holds 8420.0 shares of the WM stock.
Still, SEC filings show that on Mar 07 ’25, Carroll John A. (Officer) Proposed Sale 1,251 shares at an average price of $225.92 for $0.28 million. The insider now directly holds shares of Waste Management, Inc (WM).
