Waste Management, Inc. (WM)
NYSE: WM · IEX Real-Time Price · USD
209.05
-1.39 (-0.66%)
May 20, 2024, 12:38 PM EDT - Market open
Waste Management Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Waste Management stock have an average target of 211, with a low estimate of 167 and a high estimate of 256. The average target predicts an increase of 0.93% from the current stock price of 209.05.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for WM stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 5 | 6 | 6 |
| Buy | 3 | 3 | 3 | 4 | 4 | 2 |
| Hold | 12 | 11 | 11 | 10 | 10 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 20 | 20 | 20 | 19 | 20 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Maintains $207 → $212 | Hold | Maintains | $207 → $212 | +1.41% | Apr 26, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $221 → $228 | Buy | Maintains | $221 → $228 | +9.06% | Apr 26, 2024 |
| Raymond James | Raymond James | Buy Maintains $219 → $229 | Buy | Maintains | $219 → $229 | +9.54% | Apr 26, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $202 → $214 | Hold | Maintains | $202 → $214 | +2.37% | Apr 26, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $220 → $240 | Strong Buy | Maintains | $220 → $240 | +14.81% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
22.38B
from 20.43B
Increased by 9.56%
Revenue Next Year
23.82B
from 22.38B
Increased by 6.46%
EPS This Year
7.14
from 5.66
Increased by 26.20%
EPS Next Year
8.06
from 7.14
Increased by 12.80%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.9B | 24.8B | 26.4B | 28.3B | 29.9B |
| Avg | 22.4B | 23.8B | 25.2B | 27.2B | 28.8B |
| Low | 21.0B | 22.1B | 23.1B | 25.4B | 26.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.3% | 10.9% | 10.8% | 12.3% | 9.8% |
| Avg | 9.6% | 6.5% | 5.6% | 8.2% | 5.7% |
| Low | 2.8% | -1.4% | -3.0% | 0.8% | -1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.98 | 8.98 | 9.97 | 10.89 | 11.85 |
| Avg | 7.14 | 8.06 | 9.07 | 10.11 | 10.71 |
| Low | 6.48 | 7.36 | 8.15 | 9.07 | 9.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 41.0% | 25.7% | 23.7% | 20.1% | 17.3% |
| Avg | 26.2% | 12.8% | 12.6% | 11.5% | 6.0% |
| Low | 14.4% | 3.0% | 1.2% | 0.1% | -7.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.