From Nasdaq: 2024-06-04 18:15:08

In the latest trading session, Waste Management (WM) closed at $203.63, up 1.16% from the previous day, outperforming the S&P 500. Analysts expect an EPS of $1.80 for the upcoming earnings report, anticipating a 19.21% increase. The Zacks Consensus Estimates project a revenue of $5.41 billion, reflecting a 5.7% growth.

Waste Management’s stock has lost 4.4% over the past month, lagging behind the Business Services sector. Analysts have revised estimates, reflecting short-term business trends and optimism. With a Zacks Rank of #3 (Hold) and positive estimate changes, the stock is being closely monitored for potential performance.

The company is currently trading at a Forward P/E ratio of 27.57, lower than the industry average. The Waste Removal Services industry has an average PEG ratio of 2.54, with WM at 2.48. The industry ranks in the top 37% of all industries, with potential for growth and profitability. Stay updated on stock-influencing metrics via Zacks.com.

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