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1 Comment
Waste Management, Inc is currently in a long term uptrend where the price is trading 14.4% above its 200 day moving average.
From a valuation standpoint, the stock is 93.0% cheaper than other stocks from the Industrials sector with a price to sales ratio of 3.7.
Waste Management, Inc's total revenue rose by 5.7% to $4B since the same quarter in the previous year.
Its net income has dropped by 2.0% to $438M since the same quarter in the previous year.
Finally, its free cash flow fell by 165.9% to $-485M since the same quarter in the previous year.
Based on the above factors, Waste Management, Inc gets an overall score of 3/5.
CurrencyCode | USD |
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Exchange | NYSE |
Industry | Waste Management |
ISIN | US94106L1098 |
Sector | Industrials |
Dividend Yield | 1.7% |
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Target Price | 172.12 |
PE Ratio | 30.29 |
Beta | 0.72 |
Market Cap | 68B |
Waste Management, Inc., through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity. As of December 31, 2022, the company owned or operated 254 solid waste landfills, five secure hazardous waste landfills, 97 MRFs, and 337 transfer stations. It also provides materials processing and commodities recycling services at its MRFs, where cardboard, paper, glass, metals, plastics, construction and demolition materials, and other recycling commodities are recovered for resale or redirected for other purposes; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was founded in 1968 and is headquartered in Houston, Texas.
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