Waste Management
WM

$196.96

1.48%

Market Cap: 79B

About: WM ranks as the largest integrated provider of traditional solid waste services in the United States, operating 263 active landfills and about 332 transfer stations. The company serves residential, commercial, and industrial end markets and is also a leading recycler in North America.

Employees: 48,000

Utilities Refuse Systems

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 29 analysts

0

News positive %

of 29 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

68% more first-time investments, than exits

New positions opened: 213 | Existing positions closed: 127

47% more funds holding in top 10

Funds holding in top 10: 36 [Q4 2023] → 53 (+17) [Q1 2024]

17% more capital invested

Capital invested by funds: $57.8B [Q4 2023] → $67.8B (+$9.97B) [Q1 2024]

5% more funds holding

Funds holding: 1,819 [Q4 2023] → 1,905 (+86) [Q1 2024]

0.71% less ownership

Funds ownership: 80.15% [Q4 2023] → 79.44% (-0.71%) [Q1 2024]

4% less call options, than puts

Call options by funds: $404M | Put options by funds: $420M

12% less repeat investments, than reductions

Existing positions increased: 657 | Existing positions reduced: 745

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Research analyst outlook

29 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$178

10%

downside

Avg. target

$218

11%

upside

High target

$256

30%

upside

29 analyst ratings

15 positive

52%

14 neutral

48%

0 negative

0%

Oppenheimer Noah Kaye	14%upside $224	Outperform Maintained	26 Jul 2024
BMO Capital Devin Dodge	8%upside $213	Market Perform Maintained	26 Jul 2024
RBC Capital Sabahat Khan	4%upside $204	Sector Perform Maintained	26 Jul 2024
CIBC Kevin Chiang	8%upside $213	Neutral Maintained	26 Jul 2024
Baird David Manthey	10%upside $216	Neutral Maintained	26 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 29 articles about WM published over the past 30 days

Waste Management, Inc. (WM) Q2 2024 Earnings Call Transcript

Waste Management, Inc. (NYSE:WM ) Q2 2024 Earnings Conference Call July 25, 2024 10:00 AM ET Company Participants Ed Egl - Senior Director, IR Jim Fish - President and CEO John Morris - EVP and COO Devina Rankin - EVP and CFO Tara Hemmer - SVP and CSO Conference Call Participants Tyler Brown - Raymond James Hilary Leon - Morgan Stanley Jerry Revich - Goldman Sachs Noah Kaye - Oppenheimer Bryan Burgmeier - Citi Kevin Chen - CIBC James Schumm - TD Cowen Stephanie Moore - Jefferies Brian Butler - Stifel Sabahat Khan - RBC Operator Good day, and thank you for standing by. Welcome to WM's Second Quarter 2024 Earnings Conference Call.

Waste Management, Inc. (WM) Q2 2024 Earnings Call Transcript

The Motley Fool

Waste Management's Q2 Results Beat Expectations

Adjusted earnings of $1.88 per share exceeded estimates by $0.05 per share. Revenue was $5.49 billion, beating expectations by $63.8 million (about 1.2%).

Waste Management's Q2 Results Beat Expectations

Zacks Investment Research

Waste Management (WM) Q2 Earnings Meet Estimates, Rise Y/Y

Waste Management's (WM) second-quarter 2024 earnings and revenues rise year over year.

Waste Management (WM) Q2 Earnings Meet Estimates, Rise Y/Y

The Motley Fool

Why Waste Management Stock Is in the Dumps Today

WM missed top- and bottom-line expectations for the quarter. The company used pricing power to drive revenue gains, but volumes are a worrisome sign.

Why Waste Management Stock Is in the Dumps Today

CNBC Television

These three stocks could help you AI-proof your portfolio

Gina Sanchez, CEO of Chantico Global, discusses how to protect your portfolio from increased volatility and the run-up in AI stocks.

These three stocks could help you AI-proof your portfolio

Zacks Investment Research

Here's What Key Metrics Tell Us About Waste Management (WM) Q2 Earnings

Although the revenue and EPS for Waste Management (WM) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Waste Management (WM) Q2 Earnings

Zacks Investment Research

Waste Management (WM) Q2 Earnings Meet Estimates

Waste Management (WM) came out with quarterly earnings of $1.82 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.51 per share a year ago.

Waste Management (WM) Q2 Earnings Meet Estimates

WM Announces Second Quarter 2024 Earnings

HOUSTON--(BUSINESS WIRE)--WM (NYSE: WM) today announced financial results for the quarter ended June 30, 2024. Three Months Ended Three Months Ended June 30, 2024 (in millions, except per share amounts) June 30, 2023 (in millions, except per share amounts) As Reported As Adjusted(a) As Reported As Adjusted(a) Revenue $5,402 $5,402 $5,119 $5,119 Income from Operations $1,009 $1,075 $944 $946 Operating EBITDA(b) $1,552 $1,618 .

WM Announces Second Quarter 2024 Earnings

The Motley Fool

Billionaire Bill Gates Has 50% of His $46 Billion Trust Invested in 2 Brilliant Stocks

The Gates Foundation Trust returned a market-beating 47% over the three years ending in March 2024, due in part to shares of Microsoft and Waste Management. Microsoft ranks as the market leader in cloud computing when infrastructure, platform, and software services are considered collectively.

Billionaire Bill Gates Has 50% of His $46 Billion Trust Invested in 2 Brilliant Stocks

Zacks Investment Research

3 Reasons Growth Investors Will Love Waste Management (WM)

Waste Management (WM) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Growth Investors Will Love Waste Management (WM)

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