Buy, Sell or Hold: Waste Management (WM-N) — Stock Predictions at Stockchase

NYSE:WM

156.08

1.58 (1.02%) 1d

Showing 1 to 15 of 35 entries

COMMENT

The biggest player in the waste-disposal business. They are tied to the economy--more commerce and construction business translates into more garbage. That's why this stock has been falling in he last two weeks. They reported an in-line quarter today, neither inflaming the bears or bulls.

environmental

DON'T BUY

Earnings and price stability. Collecting garbage doesn't go away despite the economy. Trades at close to 30x earnings, which is excessive for a relatively slow grower. Sees more downside risk than upside potential.

environmental

DON'T BUY

A very good company that is classified as recession proof and highly predictable. Yields on their collection business is firming and prices of recycling is good. Trades at 30x earnings. Traditionally a 5-6% grower. Unless they pick up more contracts, they will continue to grow according to economic growth. Valuation is too high here.

environmental

WEAK BUY

WM vs. WCN Fell last year, and now is picking up steam. It's more of a utility industrial than a cyclical. If you want cyclical, look at CAT or other industrial names. 28x forward earnings for 11% growth, so a bit rich for him. Fundamentally, a great business. Better valuation than WCN and growth is about the same. To choose, he'd pick WM, the larger one.

environmental

DON'T BUY

Whole industry is mature and grows through consolidation. A local business, so prices are set by marginally small players. Not an area she's interested in. Other industries have more exciting growth opportunities than by acquisition alone.

environmental

COMMENT

Is there a relationship between the hot EV craze, Biden in office now and ESG with WM, America's biggest recycler? Doesn't see a connection. WM makes the most business out of home building and construction, instead. Also in fuel cells and methane, but those just aren't ESG. He likes WM though.

environmental

BUY

They just reported a top and bottom beat. It's a bellweather for the entire market.

environmental

PAST TOP PICK

(A Top Pick Jul 04/19, Down 11%) Sold last month. Started to underperform the broader S&P. Recycling segment is hurting the company.

environmental

BUY on WEAKNESS

A long-term hold? They hiked the dividend and that's attracted investors, but the price is now too rich to enter. Waste management is a growth sector. He likes it. Wait till the stock pulls back below $110.

environmental

PAST TOP PICK

(A Top Pick Jan 23/19, Up 32%) Reliable earnings. High quality, low beta. Pay a bit more, 27x, for high single-digit growth. The defensive part of his barbell approach with growthier names. Yield is 1.8%.

environmental

DON'T BUY

A solid waste management company in a defensive sector that is fragmented; this allows WM to buy smaller companies. WM has done well, but it's now too expensive to enter. There's also some cyclicality here, so in a slowdown there may be less garbage from the industrial space.

environmental

HOLD

If your time horizon is 5 years, you can hold this name. Valuations tend to be higher, and dividends lower. Industry is ripe for consolidation. Once the services are in place, you just need a little price increase here and there and you get organic growth. Stable.

environmental

PAST TOP PICK

(A Top Pick Oct 03/18, Up 32%) Stock's gone up 32%, but fundamentals haven't improved by the same amount. Defensive hold. Somewhat recession-proof. Likes management. Struggling with recycling. China is no longer a big recipient of recycling, but WM is building recycling capacity.

environmental

BUY

Recession resilient. Trash is good business, especially when times are tough. We're in late cycle, with a slowdown down the road. Great chart. Higher highs and lows. 25x earnings, low beta, 9% growth. Largest out there right now, and continue to grow by acquisition. (Analysts’ price target is $123.00)

environmental

BUY

Garbage is a great business to be in. He owns Waste Connections instead. But you can't go too far wrong with WM.

environmental

Showing 1 to 15 of 35 entries

Waste Management(WM-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 3

Stockchase rating for Waste Management is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Waste Management(WM-N) Frequently Asked Questions

What is Waste Management stock symbol?

Waste Management is a American stock, trading under the symbol WM-N on the New York Stock Exchange (WM). It is usually referred to as NYSE:WM or WM-N

Is Waste Management a buy or a sell?

In the last year, 3 stock analysts published opinions about WM-N. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Waste Management.

Is Waste Management a good investment or a top pick?

Waste Management was recommended as a Top Pick by on . Read the latest stock experts ratings for Waste Management.

Why is Waste Management stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Waste Management worth watching?

3 stock analysts on Stockchase covered Waste Management In the last year. It is a trending stock that is worth watching.

What is Waste Management stock price?

On 2022-05-23, Waste Management (WM-N) stock closed at a price of $156.08.

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