Waste Management Stock Performance
| WM Stock | USD 205.07 1.08 0.52% |
Waste Management has a performance score of 14 on a scale of 0 to 100. The firm maintains a market beta of -0.0141, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Waste Management are expected to decrease at a much lower rate. During the bear market, Waste Management is likely to outperform the market. Waste Management right now maintains a risk of 0.95%. Please check out Waste Management sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to decide if Waste Management will be following its historical returns.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Waste Management are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating primary indicators, Waste Management may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Actual Historical Performance (%)
One Day Return (0.52) | Five Day Return (0.37) | Year To Date Return 14.18 | Ten Year Return 389.89 | All Time Return 3.9 K |
Forward Dividend Yield 0.0146 | Payout Ratio 0.4604 | Forward Dividend Rate 3 | Dividend Date 2024-03-28 | Ex Dividend Date 2024-03-14 |
1 | Waste Management, Inc. Shares Purchased by Geo Capital Gestora de Recursos Ltd | 03/06/2024 |
2 | Brown Shipley Co Ltd Acquires 1,683 Shares of Waste Management, Inc. | 03/11/2024 |
3 | SRCL or WM Which Is the Better Value Stock Right Now | 03/21/2024 |
| Waste Management dividend paid on 28th of March 2024 | 03/28/2024 |
4 | Heres Why Waste Management is a Strong Growth Stock | 04/01/2024 |
5 | US Department of Energy Recommends Grant Award for ERIs Plan to Expand Participation in Consumer Electronics Recycling | 04/03/2024 |
6 | Targets car seat trade-in event starts soon. Heres what you need to know | 04/04/2024 |
7 | RBC lifts Waste Management stock target on sustainability growth initiatives | 04/08/2024 |
8 | WM Technology, Inc. Announces Notification of Delinquency with Nasdaq | 04/09/2024 |
9 | Waste Management Rises As Market Takes a Dip Key Facts | 04/11/2024 |
10 | Waste Management Hasnt Managed To Accelerate Its Returns | 04/12/2024 |
11 | If youre worried about a correction and over-invested in Nvidia, replace it with these steady growth stocks instead | 04/16/2024 |
12 | What You Can Learn From Waste Management, Inc.s PE | 04/18/2024 |
| Begin Period Cash Flow | 445 M |
Waste |
Waste Management Relative Risk vs. Return Landscape
If you would invest 18,425 in Waste Management on January 20, 2024 and sell it today you would earn a total of 2,082 from holding Waste Management or generate 11.3% return on investment over 90 days. Waste Management is generating 0.1772% of daily returns and assumes 0.9516% volatility on return distribution over the 90 days horizon. Put differently, 8% of stocks are less risky than Waste on the basis of their historical return distribution, and some 97% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Waste Management Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Waste Management's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Waste Management, and traders can use it to determine the average amount a Waste Management's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1862
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| Small Returns | WM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.95 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Waste Management is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Waste Management by adding it to a well-diversified portfolio.
Waste Management Fundamentals Growth
Waste Stock prices reflect investors' perceptions of the future prospects and financial health of Waste Management, and Waste Management fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Waste Stock performance.
| Return On Equity | 0.33 | ||||
| Return On Asset | 0.0745 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 98.6 B | ||||
| Shares Outstanding | 401.3 M | ||||
| Price To Earning | 30.57 X | ||||
| Price To Book | 11.94 X | ||||
| Price To Sales | 4.03 X | ||||
| Revenue | 20.43 B | ||||
| Gross Profit | 7.4 B | ||||
| EBITDA | 5.84 B | ||||
| Net Income | 2.28 B | ||||
| Cash And Equivalents | 351 M | ||||
| Cash Per Share | 0.33 X | ||||
| Total Debt | 16.23 B | ||||
| Debt To Equity | 2.00 % | ||||
| Current Ratio | 0.85 X | ||||
| Book Value Per Share | 17.20 X | ||||
| Cash Flow From Operations | 4.72 B | ||||
| Earnings Per Share | 5.66 X | ||||
| Market Capitalization | 82.26 B | ||||
| Total Asset | 32.82 B | ||||
| Retained Earnings | 14.33 B | ||||
| Working Capital | (422 M) | ||||
| Current Asset | 2.35 B | ||||
| Current Liabilities | 2.51 B | ||||
About Waste Management Performance
To evaluate Waste Management Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Waste Management generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Waste Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Waste Management market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Waste's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 5.01 | 5.29 | |
| Return On Tangible Assets | 0.10 | 0.11 | |
| Return On Capital Employed | 0.13 | 0.12 | |
| Return On Assets | 0.07 | 0.04 | |
| Return On Equity | 0.33 | 0.35 |
Things to note about Waste Management performance evaluation
Checking the ongoing alerts about Waste Management for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Waste Management help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reports 16.23 B of total liabilities with total debt to equity ratio (D/E) of 2.01, which may imply that the company relies heavily on debt financing. Waste Management has a current ratio of 0.83, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Waste Management until it has trouble settling it off, either with new capital or with free cash flow. So, Waste Management's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Waste Management sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Waste to invest in growth at high rates of return. When we think about Waste Management's use of debt, we should always consider it together with cash and equity. | |
| Waste Management has a strong financial position based on the latest SEC filings | |
| Over 85.0% of Waste Management outstanding shares are owned by institutional investors | |
| On 28th of March 2024 Waste Management paid $ 0.75 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: What You Can Learn From Waste Management, Inc.s PE |
- Analyzing Waste Management's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Waste Management's stock is overvalued or undervalued compared to its peers.
- Examining Waste Management's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Waste Management's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Waste Management's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Waste Management's stock. These opinions can provide insight into Waste Management's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Waste Stock analysis
When running Waste Management's price analysis, check to measure Waste Management's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Waste Management is operating at the current time. Most of Waste Management's value examination focuses on studying past and present price action to predict the probability of Waste Management's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waste Management's price. Additionally, you may evaluate how the addition of Waste Management to your portfolios can decrease your overall portfolio volatility.
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Is Waste Management's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waste Management. If investors know Waste will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waste Management listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.01 | Dividend Share 2.8 | Earnings Share 5.66 | Revenue Per Share 50.447 | Quarterly Revenue Growth 0.057 |
The market value of Waste Management is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Management's value that differs from its market value or its book value, called intrinsic value, which is Waste Management's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waste Management's market value can be influenced by many factors that don't directly affect Waste Management's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Waste Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Management's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.