Waste Management, Inc. (WM) – A Trader’s Perspective

Watson Michael J., Sr. VP-Chief Customer Officer, subtracted 700 shares of Waste Management, Inc. (WM) from its portfolio at the rate of $104.55 per share valuing $73,182 on May 07. The insider left behind 9,118 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Waste Management, Inc. (WM) was $113.65. Currently, the 1st Resistance Point for this stock is $114.41, with a 2nd Resistance Point sitting at $115.17. Meanwhile, this company’s stock has a 1st Support Level at $113.08 and a 2nd Support Level at $112.51. Waste Management, Inc. (WM) stock has gained $0.08, or 0.07%, in the past five days. In the last full month, these shares have gained $7.15, or 6.71%. In the past three months, this stock’s price has risen by $12.57, or 12.44%. This year-to-date, Waste Management, Inc. (WM) shares have gained $24.66, or 27.71%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Waste Management, Inc. (WM) stock, 80% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Buy .”

With 424,759 K shares outstanding, this company currently has a market capitalization of $48,490,488K. Waste Management, Inc. (WM) generates $14,914 M in annual sales, amounting to annual net income of $1,925 M. This stock has generated a 1-Year Total Return of 36.73%, a 3-Year Total Return of 81.40%, and a 5-year Total Return of 154.65%. This stock’s 5-Year Dividend Growth is 27.40%, with its most recent dividend valued at $0.512 per share on 06/06/19. Its Annual Dividend Yield is 1.81%, and its Annual Dividend Rate is 2.05.

In the most recently-reported fiscal quarter, which ended in Mar-19, Waste Management, Inc. (WM) reported earnings of $0.94 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.92 per share, representing a 0.02 difference and 1.70% surprise. In the previous quarter ending in Dec-18, the reported earnings of $1.13 represented a 0.07 difference from the consensus estimate calling for $1.06 per share, which was a 6.21% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $1.08 per share. This estimate came from a total of 4 Wall Street Analysts. Of those market experts, the high estimate was $1.11 and the low estimate was $1.05. In the year-ago quarter, Waste Management, Inc. (WM) generated per-share earnings of $1.01. If the analysts are correct about the current quarter’s earnings, the growth will be +6.93% .

Turning our focus now to insider trading activity, there have been 2 purchases (42,795 shares in total) and 3 sale (43,495 shares in total) in the last 3 months. In the last 6 months, there have been 17 insider buys amounting to 169,092 shares and 30 insider sales amounting to 89,464 shares. In the past full year, 35 insider purchases were made (involving 339,532 shares) and 42 insider sell-offs equivalent to 260,634 shares.

Moving onto liquidity, Waste Management, Inc. (WM) has a Current Ratio of 0.85, a Quick Ratio of 0.82 and a Cash Ratio of 0.02. Looking at this company’s capital structure, its Total Debt to Total Equity is 159.78, its Total Debt to Total Capital is 61.51, and its Total Debt to Total Assets is now 43.66. Looking even further ahead into the future, its Long-Term Debt to Equity is 152.89 and its Long-Term Debt to Total Capital is 58.86.