WASTE MANAGEMENT Stock Closes Lower Despite Gains Compared to Competitors

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Waste Management Stock Intrinsic Value – Waste Management ($NYSE:WM) is a company that specializes in providing waste collection, recycling, and disposal services. On Friday, the stock of Waste Management closed lower despite gaining throughout the day compared to its competitors. The stock of Waste Management had a good start to the day, rising in early trading.

However, it soon began to drop as the market responded to news of possible economic slowdown. Investors were concerned about the potential impact of a recession on the company’s bottom line. Analysts attributed the stock’s underperformance relative to its peers to the risk of a recession and its impact on the company’s earnings.

Additionally, investors were cautious due to Waste Management’s large debt load and its exposure to volatile commodities markets. Despite these challenges, analysts remain optimistic about Waste Management’s long-term potential as it continues to make investments in new technologies and services. Investors remain cautious due to the potential risk of a recession and its impact on the company’s bottom line. However, analysts remain confident in the long-term potential of Waste Management and believe that its investments in new technologies and services will benefit the company in the future.

Market Price

Despite news about WASTE MANAGEMENT mostly being negative, on Tuesday their stock opened at $159.6 and closed at $159.5, which was a 0.2% increase from the prior closing price of $159.2. It is likely that the stock price of WASTE MANAGEMENT is being weighed down by recent news regarding the company. For example, reports of failing to meet analyst estimates, or news of layoffs or restructuring. These reports can contribute to a decrease in the value of the company’s stock, even if the company is performing well compared to its competitors. It is also possible that investors are hesitant to invest in WASTE MANAGEMENT due to uncertainty surrounding the company’s future.

Investors are often weary of investing in companies that are facing financial or operational problems, as this could lead to decreased returns on their investment. Overall, it appears that despite WASTE MANAGEMENT gaining ground against its competitors, its stock is still closing lower than expected. This could be due to recent news about the company, and investor uncertainty surrounding its future operations. If WASTE MANAGEMENT can prove that it is a stable and reliable investment option, then it may be able to turn the tides and see an increase in its stock prices. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Waste Management. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Waste Management. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Waste Management. More…

Key Ratios Snapshot

Some of the financial key ratios for Waste Management are shown below. More…

VI Analysis – Waste Management Stock Intrinsic Value

Waste Management Inc. is a company that offers waste management services, such as collection, transportation, processing, and disposal. It has been trading on the stock market for many years, and has a strong track record of delivering value to investors. Understanding the fundamentals of the company is essential in order to make informed decisions when it comes to investing in it. Thankfully, the VI app makes it easier to assess the company’s fundamentals. The app provides a simplified assessment of Waste Management’s long-term potential, with its proprietary VI Line used to calculate the fair value of this stock. According to the app, the fair value of Waste Management’s share is around $158.9. Additionally, the stock is currently trading at $159.5 which is slightly overvalued by 0%. Overall, Waste Management Inc. is a strong company with a strong track record of delivering value to investors. The VI app makes it easy to assess its fundamentals and provides an accurate assessment of its fair value. With this information, investors can make informed decisions when it comes to investing in the company. More…

VI Peers

It has many competitors, including Republic Services Inc, Waste Connections Inc, and Macau Capital Investments Inc.

– Republic Services Inc ($NYSE:RSG)

Republic Services is an American trash and recycling company. It is the second largest provider of residential and commercial trash and recycling services in the United States. The company’s revenue for 2020 was $9.75 billion. The company’s ROE for 2020 was 13.97%.

– Waste Connections Inc ($NYSE:WCN)

Waste Connections Inc is a provider of waste management services in North America. The company has a market cap of 34.1B as of 2022 and a return on equity of 9.38%. Waste Connections Inc provides waste collection, transfer, disposal and recycling services to residential, commercial, industrial and governmental customers.

Summary

Investing in Waste Management stock has been a risky proposition lately. Despite some gains compared to competitors, the stock has been consistently closing lower and the news surrounding it has been mostly negative. Analysts suggest that investors should be cautious when considering investing in this stock and that it may not be the best option for those looking for a secure return on their investments. They advise investors to watch the stock closely and monitor any major changes in its performance and outlook in order to make an informed decision before investing.