Shares of Waste Management Inc. (NYSE: WM) reached a $242.58 all-time high last June.
Waste Management (WM) closed at $219.71 in the latest trading session, marking a -1.08% move from the prior day.
Investors haven't exactly sold the news on Waste Management Inc. NYSE: WM, but recent price action suggests they want to see headlines translate into increased profits.
In the latest trading session, Waste Management (WM) closed at $219.66, marking a +1.53% move from the previous day.
WM's solid month-long gain reflects strong pricing discipline, expanding recycling and energy assets, and steady dividends amid liquidity risk.
The latest trading day saw Waste Management (WM) settling at $212.05, representing a +1.39% change from its previous close.
Waste Management remains a dominant, high-moat player with consistent, utility-like revenue growth and strong long-term compounding performance. WM trades below its 5-year median EV/EBITDA at 15.04x, offering a potential entry point for investors seeking defensive, premium businesses. Automation, landfill gas monetization, and continued acquisitions underpin WM's margin expansion and future growth prospects.
Waste Management (NYSE: WM) pays an annual dividend of $3.225 per share, yielding 1.51%.
Shares of Waste Management Inc. (NYSE: WM) reached a $242.58 all-time high in June.
The company, a leader in recycling and garbage collection, had an outstanding November.
Waste Management is rated a Buy with a $242 price target, offering a 12% upside and strong defensive qualities for long-term investors. WM delivered double-digit revenue growth and premium margins, driven by its core business and expansion into recycling and renewable energy. Despite heavy leverage and recent bottom-line headwinds, anticipated Fed easing and future EPS growth in FY2026 support a bullish outlook for WM.
The big picture is looking bright for Waste Management, as waste generation trends are favorable for their legacy business. Despite some initial challenges, their Healthcare bet is a good strategic decision that's likely to accelerate growth for the company moving forward. While recycled commodity price headwinds are pressuring revenue results and guidance, 2025 is still on track to be a more robust year than 2024.