Waste Management (WM) Stock Price

Financial Performance

Waste Management reported a revenue of $5.9B in the last quarter, marking an increase of 5.1% from the previous quarter and a robust growth of 14.2% year over year. The gross profit was $2.3B, up by 5.9% quarterly and up by a significant 55.5% annually, indicating strong operational efficiency and cost management. However, the operating income profit declined to $919M, down by -17.9% from the previous quarter and -9.4% YoY which raises some concerns about its profitability sustainability.

The EBITDA ratio is at a moderate level of 0.2 suggesting reasonable earnings before interest, tax, depreciation and amortization.

Stock Price

The stock price currently stands at $223.43 with an impressive rise of 7.4% over the past month and an annual gain of 18.1%. This indicates positive investor sentiment towards Waste Management's stock performance.

The RSI value is at moderately high levels (68.65), suggesting that the stock is nearing overbought territory but not quite there yet.

The stock's current price is above its 200-day moving average ($210.58) indicating bullishness in terms of long term trend direction.

Alternative Data Signals

An upward trend is observed in website traffic (up by 8.1% MoM) as well as app downloads (up by a whopping 1893 .3 % MoM), which may point towards increased customer engagement or interest in their services.

However, job openings have decreased YoY (-18 .5%) while employee business outlook has also seen a slight dip (-4.8% YoY). This may be indicative of some internal challenges or restructuring.

On social media, the company has been maintaining a steady and growing presence with minor growth on Twitter and substantial growth on Instagram. However, there is a slight decrease in Facebook followers which could be due to shifting user preferences among different platforms.

Conclusion

In conclusion, Waste Management's stock performance appears bullish based on its strong revenue growth, rising stock price and positive technical indicators. However, the decline in operating income profit and mixed signals from alternative data points suggest that there might be some potential headwinds ahead. The overall rating for Waste Management's stock is 7 out of 10 indicating it as a good performing stock with scope for improvement.

Note: This AI Stock Analysis is based on data as of February 05. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Waste Management (WM), currently trading at $228, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.