WM - Waste Management, Inc.

NYSE - NYSE Delayed Price. Currency in USD
118.11
-1.91 (-1.59%)
At close: 4:02PM EDT
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Previous Close120.02
Open119.68
Bid0.00 x 800
Ask0.00 x 1400
Day's Range118.04 - 119.99
52 Week Range83.22 - 120.58
Volume1,501,689
Avg. Volume1,749,145
Market Cap50.106B
Beta (3Y Monthly)0.61
PE Ratio (TTM)28.85
EPS (TTM)4.09
Earnings DateOct 23, 2019 - Oct 28, 2019
Forward Dividend & Yield2.05 (1.71%)
Ex-Dividend Date2019-06-06
1y Target Est126.10
Trade prices are not sourced from all markets
  • Waste Management CEO Says Recycling Prices Down, Economic Strength Making Hiring Difficult
    Bloomberg

    Waste Management CEO Says Recycling Prices Down, Economic Strength Making Hiring Difficult

    Jul.26 -- Jim Fish, Waste Management Inc. chief executive officer, discusses recycling prices, the company's buyback and acquisition strategies, and the overall macroeconomic environment with Bloomberg's Vonnie Quinn on "Bloomberg Markets."

  • Business Wire

    Waste Management, Inc. Elects William B. Plummer to Board of Directors

    The board of directors of Waste Management, Inc. (WM) has elected William B. Plummer to its board of directors effective August 19th. Mr. Plummer will serve on the Audit Committee and the Management Development and Compensation Committee of the board. Mr. Plummer’s career includes a broad range of experiences.

  • Business Wire

    Waste Management Announces Cash Dividend

    Waste Management, Inc. today announced the declaration of a quarterly cash dividend of $0.5125 per share payable September 20, 2019 to stockholders of record on September 6, 2019.

  • 3 Reasons Why There's Money to Be Made in the Garbage Market
    Motley Fool

    3 Reasons Why There's Money to Be Made in the Garbage Market

    Perhaps some of the best companies to invest in are the ones that we seldom think about, have little to no social buzz, and provide services that we use daily.

  • Waste Management Rally Is Slowing After 3-Year Run
    TheStreet.com

    Waste Management Rally Is Slowing After 3-Year Run

    A couple key charts indicate momentum in the company's shares is slowing, which could foreshadow a consolidation phase or a correction.

  • Should You Be Tempted To Sell Waste Management, Inc. (NYSE:WM) Because Of Its P/E Ratio?
    Simply Wall St.

    Should You Be Tempted To Sell Waste Management, Inc. (NYSE:WM) Because Of Its P/E Ratio?

    Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll apply a basic...

  • American City Business Journals

    Attention, FedEx stockholders: It's time to meet, vote on board nominees

    Among the annual stockholder meeting tasks: Vote on the 12 nominees for FedEx's board of directors.

  • Low Volatility ETFs for Turbulent Times
    Zacks

    Low Volatility ETFs for Turbulent Times

    Investors continue to pour money into low volatility ETFs as they outperform the broader market during high volatility

  • 4 Defensive Stocks to Weather Trade-War Volatility
    TipRanks

    4 Defensive Stocks to Weather Trade-War Volatility

    Bellicose words and hawkish trade policy have turned into a larger skirmish in the simmering trade war. US President Trump on Thursday tweeted that he would impose new tariffs on Chinese imports starting September 1. The tariffs, set at 10% on some $250 billion in Chinese products, will target consumer goods, including electronics. In response, China allowed the yuan to drop past 7 to the dollar – its weakest in over a decade – a reversal of the government’s usual policy of currency support. China’s government shrugged off Trump’s accusations of currency manipulation, and in today’s trading has set the yuan at a slightly stronger rate.Markets, of course, have reacted, with the Dow Jones losing 5.4% and the S&P 500 losing 5.6% between July 30 and August 5. Both indexes showed modest gains on August 6, and still show strong gains year-to-date.Here, we’ll look at four stocks well-positioned to weather trade-war induced volatility. All are buy-rated, all have recently beaten their earnings estimates, and top analysts have noted paths forward for each of them. And all four fit one of Warren Buffett’s favorite criteria for choosing stocks: “Only invest in simple businesses that you understand.” Coca-Cola Company (KO)We’ll start with the world’s most recognized soft drink, Coca-Cola. Coke is definitely a simple business, in the sense that Buffett meant; even though it markets more than 500 branded products, the company has kept its product line focused steadfastly on bottled beverages. By keeping strictly to a sector it knows and does well, Coke has built a powerful brand and a loyal customer base.On July 23, the company reported 63 cents EPS, beating the forecast by 1.6%. Reported revenues, $10 billion, were just above the expected $9.99 billion. KO shares broke above $54 after the earnings release, and still remains near that all-time high. Year-to-date, KO is up 10.4%.Writing after the earnings report, William Chappell of SunTrust Robinson noted the earnings beat and rising revenues, and said, “The company's strong organic sales trends will continue for the balance of the year based on its anticipated investments and momentum in its markets, with more benign FX conditions in 2020 also relieving some of the headwinds of 2019.” He boosted his price target to $60, to go along with his Buy rating. His target indicates confidence in a 14% upside for KO.RBC Capital’s Nik Modi also sees strength in KO, writing, “The company is executing well against its strategy to becoming a total beverage company—driving both organic revenue and earnings per growth.” Modi sees the company’s near- to mid-term earnings growth remaining in the mid- to high-single digit range. In line with this upbeat outlook, he sets a $60 target on the stock.Overall, Coke’s stock maintains a Moderate Buy rating, based on an even split of 6 buys and 6 holds over the past three months. The current share price is $52.27; as mentioned above, this is close to the stock’s all-time high. The average price target, $57.18, suggests an upside of 9.39% for KO. Johnson & Johnson (JNJ)The consumer health giant offers us an interesting study. It’s a market leader in home health products, and also manufactures a variety of prescription drugs. Both business segments are profitable and tend to outperform the market; yet JNJ is only up 1.33% year-to-date, and the stock has slipped 7% since mid-July. The company’s fortunes are balanced between last month’s strong second-quarter earnings and a series of legal actions that have investors worried.For Q2, JNJ reported a 4.8% earnings beat, with EPS of $2.58 per share against the forecast $2.46. This was a 42% year-over-year gain. Revenues were also beat expectations, by 1.3%, and came in at $20.56 billion for the quarter. That was the good news.The bad news – the legal worries – concerns a set of ongoing issues, on the company’s talcum powder and possible liability exposure to the opioid epidemic, that have been dogging JNJ since last year. Investors are concerned based on the size of potential judgements against the company. BMO analyst Joanne Wuensch addressed the legal cases in her review of the stock two months ago. She said, “Litigation is a common occurrence in the health care sector that takes significant time to resolve, and often headlines are worse than reality.” Believing that JNJ has plenty of underlying strength to fall back on, she gives the stock a $157 price target and a 20% upside.Five-star analyst Jayson Bedford, writing from Raymond James, agrees with Wuensch’s assessment of JNJ stock. He says, “There is still plenty of drama ahead for Johnson & Johnson investors in the near term, but the company has solid fundamentals and the stock has an attractive valuation.” While upbeat, Bedford’s price target is more cautious, at $146, but still implies an upside of 11.6%.While Johnson & Johnson shows the most near-term weakness of the stocks in this list, it also shows the highest longer-term potential. JNJ shares have a 15% upside, based on a share price of $130 and an average price target of $151. The moderate buy rating is based on 4 buys and 3 holds from the past three months. Sherwin-Williams Company (SHW)Best known for its line of paints, Sherwin-Williams is the leading provider of paints and coating for the industrial and construction sectors. The company pleased investors and analysts last month, when its Q2 EPS of $6.57 beat the forecast by 3.5%. The beat was especially welcome after SHW missed earnings in the previous quarter.Wall Street’s analysts were quick to pick up on SHW’s performance. Writing from RBC Capital, Arun Viswanathan said, “The quarter was driven by strong execution in its North America retail market and a favorable backlog of delayed projects. The company's comps growth of 4.3% topped our forecast of 3% thanks to the higher sales volume and an increase in selling prices.” Viswanathan increased his price target by 6.3%, to $550, indicating a 10% upside for SHW.Susquehanna analyst Don Carson looked at Sherwin-Williams’ forward potential, and wrote, “We have increased confidence in the outlook for strong earnings growth in 2020 given strong Paint Stores Group sales growth in the face of adverse weather which underscores the potential for further margin expansion from falling raw material costs.” Carson’s $580 price target suggests a 16% upside potential for the stock.SHW’s analyst consensus rating of Moderate Buy is based on 7 buys and 4 holds assigned in recent months. Shares are pricey, at $498, but the high share price means the modest dividend yield of 0.91% pays out $4.52 per share annualized. The average price target, $531, implies a 6.58% upside for this stock. Waste Management, Inc. (WM)Our last stock here is also probably the strongest on this list. Waste Management’s 30% year-to-date gain is more than double the S&P 500’s 15%. In addition, Waste Management has consistently beaten the quarterly earnings expectations, and its last report was no exception. The $1.11 EPS was 3.7% higher than the $1.07 forecast, and the $3.95 billion in quarterly revenue was significantly higher than the year-ago quarter’s $3.74 billion.Waste Management’s secret to consistent outperformance is in its name: the company is North America’s largest provider of garbage collection and recycling services. Like Johnson & Johnson, Waste Management leads in a business segment that will always have ready customers. It is a classic defensive stock.The markets top analysts were predictably upbeat after the earnings report. Two analysts – Patrick Brown, from Raymond James, and Derek Spronck, from RBC Capital – both issued increased price targets for WM. Brown raised his to $127, and Spronck set his at $126. At the same time, Scotiabank analyst Mark Neville opened coverage on the stock, with a Buy rating and an aggressive price target of $130. Neville’s target implies an upside potential of 12% for WM shares.The analyst consensus on WM is a Moderate Buy. The stock has received 4 buys and 2 holds in the past three months. Shares are selling for $116, so the $124 price target gives them an upside of 7.3%.

  • Stericycle Shares Fall on Disappointing 2nd-Quarter Results
    GuruFocus.com

    Stericycle Shares Fall on Disappointing 2nd-Quarter Results

    Medical waste company's stock down 70% over past 4 years Continue reading...

  • Is Waste Management a Buy?
    Motley Fool

    Is Waste Management a Buy?

    North America's top trash hauler has outperformed for years. Can it keep up the good work?

  • Business Services Earnings on Jul 31: SPOT, NLSN. ADP, APTV
    Zacks

    Business Services Earnings on Jul 31: SPOT, NLSN. ADP, APTV

    Investors interested in Business Services sector can watch out for quarterly earnings reports of SPOT, NLSN, ADP and APTV.

  • 3 Stocks to Recession-Proof Your Portfolio
    Motley Fool

    3 Stocks to Recession-Proof Your Portfolio

    Owning these big-cap stocks the next time the economy sours could be profit-friendly.

  • Thomson Reuters StreetEvents

    Edited Transcript of WM earnings conference call or presentation 25-Jul-19 2:00pm GMT

    Q2 2019 Waste Management Inc Earnings Call

  • These 4 Measures Indicate That Waste Management (NYSE:WM) Is Using Debt Reasonably Well
    Simply Wall St.

    These 4 Measures Indicate That Waste Management (NYSE:WM) Is Using Debt Reasonably Well

    The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

  • Waste Management CEO: We're trying to do something that's better for the environment
    Yahoo Finance

    Waste Management CEO: We're trying to do something that's better for the environment

    Waste Management CEO Jim Fish joined Yahoo Finance to talk about the company’s environmental sustainability initiatives.

  • Waste Management CEO: Business tells us the US economy is strong
    Yahoo Finance

    Waste Management CEO: Business tells us the US economy is strong

    Yahoo Finance speaks with Waste Management CEO Jim Fish about the strength of the U.S. economy.

  • Waste Management Scoops Up 5% Revenue Growth
    Motley Fool

    Waste Management Scoops Up 5% Revenue Growth

    Higher collection and disposal revenue drove the growth and pushed operating cash flow over the $1 billion mark.

  • Motley Fool

    Waste Management Inc (WM) Q2 2019 Earnings Call Transcript

    WM earnings call for the period ending June 30, 2019.

  • Waste Management (WM) Beats Q2 Earnings, Revenue Estimates
    Zacks

    Waste Management (WM) Beats Q2 Earnings, Revenue Estimates

    Waste Management's (WM) second-quarter 2019 revenues benefit from strong yield and volume growth in collection and disposal business.

  • Waste Management (WM) Surpasses Q2 Earnings and Revenue Estimates
    Zacks

    Waste Management (WM) Surpasses Q2 Earnings and Revenue Estimates

    Waste Management (WM) delivered earnings and revenue surprises of 3.74% and 0.14%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Waste Management Announces Second Quarter Earnings
    Business Wire

    Waste Management Announces Second Quarter Earnings

    Strength of Collection and Disposal Business Drives Overall Revenue Growth of More Than 5%

  • TheStreet.com

    [video]Waste Management Cleans Up in Q2 Despite Sagging Recycling Revenue

    Waste Management reports earnings that surpass analysts' estimates amid ongoing gains in its refuse collection and disposal business, though a drop in recycling revenue offset some of the gains.

  • Business Services Stock Q2 Earnings on Jul 25: WM, FISV, RSG
    Zacks

    Business Services Stock Q2 Earnings on Jul 25: WM, FISV, RSG

    Investors interested in Business Services sector can watch out for second-quarter 2019 earnings reports of WM, FISV and RSG.

  • Why Earnings Season Could Be Great for Waste Management (WM)
    Zacks

    Why Earnings Season Could Be Great for Waste Management (WM)

    Waste Management (WM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.