Waste Management Stock Fair Value Calculator – 2023 Proves Profitable for Waste Management as Stock Outperforms Market on Friday.

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On Friday, Waste Management ($NYSE:WM) Inc. marked a major milestone in its progress towards their long-term goal of becoming a leader in sustainable waste solutions. Their stock experienced a remarkable 4.5% increase, outperforming the overall market by a significant margin. This success can be attributed to Waste Management’s comprehensive waste management programs that have been implemented over the past few years. The company has made unprecedented investments in waste reduction, reuse, recycling, and composting infrastructure, as well as in waste collection and disposal services for both residential and commercial customers.

Additionally, Waste Management has developed innovative solutions to capture the value of organic waste products and convert them into valuable resources such as biofuel and bioplastics. Waste Management’s commitment to responsible waste management has been rewarded by the stock market, with investors recognizing the potential of the company’s long-term sustainability initiatives. Indeed, many investors feel that Waste Management is well-positioned to continue its impressive performance in the future, noting its impressive growth trajectory. With this momentum and its focus on environmental solutions, Waste Management Inc. is certain to be even more profitable in 2023 and beyond.

Market Price

At a time when news coverage is mostly negative, Waste Management Inc. (WASTE MANAGEMENT) proved its worth on Friday. Opening at $151.2, its stock closed at $154.5, up 2.5% from its previous closing price of $150.7. Thus, the company has set itself up well for the upcoming year of 2023. 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…

Analysis – Waste Management Stock Fair Value Calculator

At GoodWhale, we have conducted an in-depth analysis of WASTE MANAGEMENT‘s fundamentals. After taking into account a wide range of factors, our proprietary Valuation Line has determined that the fair value of WASTE MANAGEMENT shares should be around $161.7. Right now, the stock is trading at $154.5, which is a fair price that is slightly undervalued by 4.5%. Therefore, we believe that now may be a good time to buy shares in WASTE MANAGEMENT. More…

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

Waste Management Inc. (WMI) saw a profitable Friday on the stock market, with shares outperforming the rest of the market. This is despite the news coverage of WMI being mostly negative at the time of writing. Analysts are optimistic that the long-term success of WMI is largely attributed to their focus on cost reduction, their commitment to sustainability, and their successful partnership with a number of organizations.

There have also been reports of WMI taking steps to improve their customer experience, with an emphasis on digital solutions for customers. Investors should look out for these positives in short-term and long-term investments, as well as potential risks such as changing government regulations, competitive pressures, and potential environmental risks.