How Does Waste Management, Inc. (WM) Stack Up Right Now?

Waste Management, Inc. (WM) is an interesting player in the Industrial Goods space, with a focus on Waste Management. The stock has been active on the tape, currently trading at $83.38, up from yesterday’s close by 0.37%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Waste Management, Inc. (WM) currently trades with a market capitalization of $36.14 Billion. That value represents a market adjusting for revenues that have been growing by 5.55 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $1.67 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.83 on a per share basis this quarter. Perhaps, that suggests something about why 0.87% of the outstanding share supply is held by institutional investors.



Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, Waste Management, Inc. recorded a 52-week high of $89.73. It is now trading 6.35% off that level. The stock is trading $84.39 its 50-day moving average by 1.01%. The stock carved out a 52-week low down at $70.08.

In recent action, Waste Management, Inc. (WM) has made a move of -3.48% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 13.41, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.24% with $431.42 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of WM.

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