Understanding Basic Stock Data: Waste Management, Inc. (WM)

In the past 52-week period, shares of Waste Management, Inc. (NYSE:WM) have moved within the range of $63.19 to $82.87. On the stock’s most recent trading day, the company’s shares ended the regular session at $82.17, which is 0.84% lower than its 52-week high.

Waste Management, Inc. (WM) has demonstrated a 20-day simple moving average (SMA) of 5.53%, and a 50-day SMA of 5.94%. This public company’s current market capitalization stands at $35.97 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Understanding Wall Street analyst’s enthusiasm for a particular stock is crucial when considering entering a position. According to the latest data, the consensus recommendation for Waste Management, Inc. (WM) is Outperform.

When it comes to sales data, public companies usually post revenue and earnings that are either higher or lower than the average Wall Street forecast. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Waste Management, Inc. (WM) delivered a 0.12% surprise with its net revenue. Sales reached $3.72 billion during the three-month period, compared to the average analyst estimate of $3.71 billion.

Meanwhile, during the same quarter Waste Management, Inc. (WM) delivered a 1.19% earnings surprise. Net earnings for the quarter were posted at $0.89 per share, whereas Wall Street had forecast $0.88 per share.

Ownership at Waste Management, Inc. (WM), According to Most Recent SEC Filings

A public company’s latest 13F filings tell investors important details about institutional ownership. Waste Management, Inc. (WM) has 0.43 billion shares outstanding currently, 78.32% of which belong to institutional investors. Those institutional holdings amount to $27.84 billion.

Additionally, according to the most recent 13F filing from Waste Management, Inc. (WM), there were 84 new positions totaling 3,164,457 shares of the company’s stock. There were 50 sold out positions, on the other hand, totaling 1,441,043 shares.

Short, Medium and Long Term Indicators

Examining a stock’s average volume in the short, medium and long term is useful to understand trading activity and investor sentiment. Waste Management, Inc. (WM) has had a 20-day average volume of 2,182,825 shares, with an average of 100% of short term indicators pointed at Buy.

The stock’s 50-day average volume has been 1,894,058 shares, with an average of 100% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 1,732,485 shares with 100% of long-term indicators pointing to Buy.