Waste Management Inc (WM) Stock AnalysisWMWaste Management Inc

Waste Management, Inc. is a provider of environmental solutions. The Company provides collection, recycling, and disposal services to millions of residential, commercial, industrial, and municipal customers throughout the United States and Canada. Its segments include East Tier, West Tier, Recycling Processing and Sales, WM Renewable Energy, and WM Healthcare Solutions. East Tier primarily consists of geographic areas located in the Eastern U.S., the Great Lakes region and all of Canada. The West Tier primarily includes geographic areas located in the Western U.S., including the upper Midwest region and British Columbia, Canada. Recycling Processing and Sales includes the processing and sales of materials collected from residential, commercial, and industrial customers. WM Renewable Energy develops, operates, and promotes projects for the beneficial use of landfill gas. WM Healthcare Solutions includes Regulated Waste and Compliance Services and Secure Information Destruction services. It operates in the Industrials sector (REFUSE SYSTEMS industry).

Waste Management Inc is currently a hold. The stock is priced at $208.83, with a forward P/E ratio of 22.52, suggesting it may be overvalued compared to its earnings growth potential. The RSI is at 55.51, indicating that it is neither overbought nor oversold, suggesting a stable price action. However, the recent downgrades by analysts, including a target reduction to $225 by CIBC, highlight potential risks. The main risk is the high debt-to-equity ratio of 235.30%, which could impact financial stability in a downturn.

12 analysts cover WM: 6 rate it Buy, 5 Hold and 1 Sell. The average price target is 247.61.