Waste Management (NYSE:WM) will post its quarterly earnings results before the market opens on Wednesday, February 14th. Analysts expect Waste Management to post earnings of $0.83 per share for the quarter.

Shares of Waste Management (WM) opened at $81.80 on Wednesday. Waste Management has a 1 year low of $69.31 and a 1 year high of $89.73. The company has a market capitalization of $35,520.00, a PE ratio of 26.30, a price-to-earnings-growth ratio of 2.59 and a beta of 0.70. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.68 and a current ratio of 0.71.

Waste Management announced that its Board of Directors has approved a share buyback program on Thursday, December 14th that allows the company to buyback $1.25 billion in shares. This buyback authorization allows the business services provider to purchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.

In related news, Director Patrick W. Gross sold 387 shares of the business’s stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $88.30, for a total value of $34,172.10. Following the completion of the sale, the director now directly owns 30,673 shares in the company, valued at approximately $2,708,425.90. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Barry H. Caldwell sold 1,650 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $81.10, for a total value of $133,815.00. The disclosure for this sale can be found here. 0.19% of the stock is owned by insiders.

A number of equities research analysts have commented on the company. Zacks Investment Research upgraded Waste Management from a “hold” rating to a “buy” rating and set a $99.00 price objective for the company in a research report on Sunday, January 21st. Stifel Nicolaus restated a “buy” rating and set a $100.00 price objective on shares of Waste Management in a research report on Thursday, January 4th. Macquarie upgraded Waste Management from a “neutral” rating to an “outperform” rating in a research report on Wednesday, January 3rd. Credit Suisse Group set a $90.00 price objective on Waste Management and gave the stock a “buy” rating in a research report on Monday, October 30th. Finally, Oppenheimer raised their price objective on Waste Management from $82.00 to $87.00 and gave the stock an “outperform” rating in a research report on Friday, October 27th. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Waste Management currently has an average rating of “Buy” and an average price target of $86.78.

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Waste Management Company Profile

Waste Management, Inc (WM) is a holding company. The Company, through its subsidiaries, is a provider of waste management environmental services. The Company’s segments include Solid Waste and Other. The Company’s Solid Waste segment includes its solid waste business. The Other segment includes its Strategic Business Solutions (WMSBS) organization; its landfill gas-to-energy operations and third-party subcontract and administration services managed by its Energy and Environmental Services and WM Renewable Energy organizations; its recycling brokerage services, and its service offerings and solutions, such as portable self-storage and long distance moving services, fluorescent lamp recycling and interests it holds in oil and gas producing properties.

Earnings History for Waste Management (NYSE:WM)

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