Waste Management, Inc. is a leading provider of waste management services in North America, valued at $90.9 billion. Its stock hit an all-time high of $242.58 on Jun. 3 but has since declined 7.5%. Despite this, WM has seen a YTD surge of 11.2% and impressive Q2 results, with a 3.4% stock increase post-earnings.

The company’s stock prices have fluctuated over the past year, trading mostly above its 200-day moving average. WM’s Q2 results showed a 19% increase in operating revenues, surpassing Street expectations. Despite this, it has underperformed compared to its competitor, Republic Services, Inc.

Analysts have given Waste Management a “Moderate Buy” rating, with a mean price target of $260.71, suggesting a 16.2% upside potential from current levels. The company’s stock has seen gains over the past year but lags behind some industry peers in terms of performance.

Read more at Yahoo Finance: Is WM Underperforming the Industrial Sector?