Stock To Watch: Waste Management, Inc. (NYSE:WM)


The leading market experts have placed a mean price target of $66.89 on Waste Management, Inc. (NYSE:WM) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.78 a share for the upcoming quarter and $2.81 for the current fiscal. Technical View The technical analysis of Waste Management, Inc. Common S plainly substantiates that the 50-day moving average of Waste Management, Inc. Common S is $64.13, and stock is hovering 3.32 or +5.18% distant from $64.13. It is noted that the 200-day MA is $58.48, and Waste Management, Inc. Common S stock is $8.97 or +15.34% off from this point. Waste Management, Inc. (NYSE:WM) 52-week high is $70.50 and the 52-week low is $47.55. This explains if the stock moves $-3.05, it will post a 52-week high. In event of $+41.85% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Waste Management, Inc. Common S, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Waste Management, Inc. (NYSE:WM) ratio came in at 26.81. The stock last ended the trading session at $67.45 and registered a market cap of $29.97B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Waste Management, Inc. (NYSE:WM) PEG ratio is at 2.70.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 20 times, 1 visits today)