A number of other firms have also recently commented on WM. Analysts at TheStreet reiterated a ?buy? rating on shares of Waste Management in a research note to investors on Thursday, December 27th. Separately, analysts at Zacks reiterated a ?neutral? rating on shares of Waste Management in a research note to investors on Friday, December 7th. They now have a $35.00 price target on the stock. Finally, analysts at Goldman Sachs upgraded shares of Waste Management from a ?neutral? rating to a ?buy? rating in a research note to investors on Wednesday, December 5th. They now have a $42.00 price target on the stock. They noted that the move was a valuation call.
One equities research analyst has rated the stock with a buy rating, one has assigned an overweight rating, nine have assigned a hold rating, and two have issued a sell rating to the company. The stock currently has a consensus rating of ?hold? and an average target price of $35.40.
Shares of Waste Management traded down 0.06% during mid-day trading on Friday, hitting $35.25. Waste Management has a one year low of $30.82 and a one year high of $36.35. The stock?s 50-day moving average is currently $33.90. The company has a market cap of $16.352 billion and a P/E ratio of 18.99.
Waste Management last posted its quarterly earnings results on Wednesday, October 31st. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.01. The company?s revenue for the quarter was down 1.7% on a year-over-year basis. Waste Management has set its FY12 guidance at $2.08-2.13 EPS. On average, analysts predict that Waste Management will post $2.10 earnings per share for the current fiscal year.
Waste Management, Inc. (WMI) is a provider of integrated waste services in North America. Through its subsidiaries, the Company provides collection, transfer, recycling, disposal and waste-to-energy services.