Waste Management, Inc. (NYSE:WM)
May 17th, 2019
Amidst falling markets Waste Management, Inc. went up $0.13 Friday, a 0.12% increase, closing at $108.13. Furthermore it hit a new 52 week high of $108.91.
WM outperformed the rest of the Industrials sector which went down -1.10% today.
Waste Management, Inc. is listed on the S&P 500 index, and was one of 132 stocks that increased today. Weighted by market cap, WM represents about 0.18% of the S&P 500.
Forecasts from 12 analysts indicates that Waste Management, Inc. could grow somewhat (6.02%), while Finbox has calculated (with low uncertainty) a fair value price of $91.77.
The market sectors were mixed Friday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.48%), while the Industrials sector saw the biggest drop (-1.10%). Information Technology has seen the biggest year-to-date gain of 22.31%.
Utilities saw the biggest turnaround compared to its 5-day performance (2.42%), as it went up by 0.48%. Energy and Materials both saw turn arounds from their five day positive performances with Energy dropping -1.05%.
- Utilities, up 0.48%.
- Real Estate, down -0.17%.
- Healthcare, down -0.17%.
- Consumer Staples, down -0.19%.
- Communication Services, down -0.48%.
- Materials, down -0.50%.
- Financials, down -0.60%.
- Consumer Discretionary, down -0.80%.
- Information Technology, down -0.82%.
- Energy, down -1.05%.
- Industrials, down -1.10%.
Waste Management, Inc. Info
Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It provides collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations. As of December 31, 2018, the company owned or operated 247 solid waste landfills; 5 secure hazardous waste landfills; 102 MRFs; and 314 transfer stations. It also provides materials processing and commodities recycling services; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. Further, it offers fluorescent bulb and universal waste mail-back services through LampTracker program; portable restroom services under the Port-o-Let name; and street and parking lot sweeping services, as well as holds interests in oil and gas producing properties. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas.
All amounts in USD unless otherwise indicated
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