(WM) Waste Management - Ratings and Ratios

Waste Management, Inc. (NYSE:WM), a leader in environmental solutions, provides comprehensive waste management and recycling services to residential, commercial, industrial, and municipal clients across the United States, Canada, Western Europe, and other international markets. The companys services encompass waste collection, transportation, and disposal, including specialized handling of hazardous and regulated waste. They operate transfer stations and landfill gas-to-energy facilities, producing renewable electricity and natural gas. Additionally, Waste Management offers materials processing, recycling brokerage, and strategic business solutions, including the recovery of commodities like metals, plastics, and construction materials for resale. The company also specializes in organic waste management, producing mulch and compost, and provides remediation and construction services. Furthermore, Waste Management manages fly ash and offers secure information destruction services, ensuring compliance with environmental regulations. Established in 1968 and headquartered in Houston, Texas, the company has a strong market position and commitment to sustainability, with recent investments in electric vehicles and expanded recycling facilities underscoring their dedication to innovation and environmental stewardship.

3-month forecast: Based on technical and fundamental data, Waste Managements stock (NYSE:WM) is expected to show moderate growth. The SMA20 at 228.38, slightly below the current price of 230.91, may act as support, suggesting a potential uptrend. The ATR of 5.10 indicates volatility within a $10 range. Fundamentally, with a market cap of over $90 billion and a forward P/E of 28.99, expectations for earnings growth are positive. The high P/B ratio of 10.98 reflects anticipation of significant growth, potentially driven by expansion in renewable energy and recycling segments. Recent investments in sustainability initiatives may further enhance growth prospects.