What is the 5 year forecast for WM stock?
quote is equal to 210.420 USD at 2024-04-04. Based on our forecasts, a long-term increase is expected, the "WM" stock price prognosis for 2029-03-27 is 302.202 USD. With a 5-year investment, the revenue is expected to be around +43.62%. Your current $100 investment may be up to $143.62 in 2029.
The average price target is $211.11 with a high forecast of $256.00 and a low forecast of $175.00. The average price target represents a -0.96% change from the last price of $213.15.
Based on short-term price targets offered by 16 analysts, the average price target for Waste Management comes to $206.31. The forecasts range from a low of $165.00 to a high of $256.00. The average price target represents a decline of 3.21% from the last closing price of $213.15.
Is Waste Management stock a Buy, Sell or Hold? Waste Management stock has received a consensus rating of buy. The average rating score is and is based on 35 buy ratings, 20 hold ratings, and 1 sell ratings. What was the 52-week low for Waste Management stock?
WM boasts a Growth Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 11.5% year-over-year for 2024, while Wall Street anticipates its top line to improve by 6.6%.
Waste Management currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.
b. The U.S. waste management market, in terms of revenue, is expected to grow at a compound annual growth rate of 5.2% from 2024 to 2030 to reach USD 484.8 million by 2030.
Economists at the research firm predicted the S&P 500 would soar to 6,500 by the end of 2025, implying a 26% increase from its current levels. That's contrary to what more bearish commentators have said, with some market gurus warning of an imminent stock correction as the S&P 500 mirrors other historic bubbles.
Bill Gates' stake in Waste Management is surprisingly large for an investor who is far better known for his accomplishments in the technology field. 15.4 percent of the Gates Foundation's holdings are invested in Waste Management, making it the fourth largest holding.
The Vanguard Group, Inc. is currently the largest shareholder, with 9.0% of shares outstanding. With 8.8% and 7.1% of the shares outstanding respectively, Bill & Melinda Gates Foundation Trust and BlackRock, Inc.
Who is the largest shareholder of Waste Management?
The company's largest shareholder is The Vanguard Group, Inc., with ownership of 9.0%. For context, the second largest shareholder holds about 8.8% of the shares outstanding, followed by an ownership of 7.1% by the third-largest shareholder.
The image below, which you can click on for greater detail, shows that at December 2023 Waste Management had debt of US$15.9b, up from US$14.7b in one year. However, because it has a cash reserve of US$458.0m, its net debt is less, at about US$15.4b.
(NYSE: ADSW) announced today that they have entered into a definitive agreement under which a subsidiary of Waste Management will acquire all outstanding shares of Advanced Disposal for $33.15 per share in cash, representing a total enterprise value of $4.9 billion when including approximately $1.9 billion of Advanced ...
Bristol-Myers Squibb has a conensus rating of Hold which is based on 3 buy ratings, 10 hold ratings and 1 sell ratings. The average price target for Bristol-Myers Squibb is $54.75. This is based on 14 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
Waste Management Inc's 3-year EPS growth rate of 18.30% per year on average outperforms 64.88% of global competitors, and its 5-year EBITDA growth rate of 8.30% outperforms 39.29% of global competitors, indicating a strong capability for sustaining dividends in the long term.
The future of waste management lies in continuous innovation and advancements. With the increasing adoption of sustainable practices and emerging technologies, waste management is evolving towards a more circular and resource-efficient model.
It's one of the best blue-chip stocks to buy, and Wall Street analysts see over 10% upside. The highly fragmented nature of waste management services continues to provide ongoing opportunities for accretive acquisitions.
Waste Management, Inc. ( WM ) pays dividends on a quarterly basis. Waste Management, Inc.
New York, United States, Dec. 04, 2023 (GLOBE NEWSWIRE) -- The Global Waste Management Market Size to Grow from USD 884.9 Billion in 2022 to USD 1360.3 Billion by 2032, at a Compound Annual Growth Rate (CAGR) of 6.6% during the forecast period.
2025: Towards zero waste
This will mean that we will maximise recycling, minimise the amount of residual waste produced and landfill as close to zero waste as possible.
What will Amazon stock be worth in 2030?
If Amazon maintains its current valuations, matches analysts' expectations, and grows its EPS at a CAGR of 20% from 2025 to 2030, its market cap would reach $5.5 trillion by the final year. If Apple does the same thing and grows its EPS at a CAGR of 10% from fiscal 2026 to fiscal 2030, it would be worth $5.2 trillion.
AMZN Stock 12 Months Forecast
Based on 41 Wall Street analysts offering 12 month price targets for Amazon in the last 3 months. The average price target is $209.74 with a high forecast of $230.00 and a low forecast of $175.00. The average price target represents a 15.90% change from the last price of $180.97.
Positive returns -- but smaller than in 2023
I think that the overall stock market will deliver positive returns in 2024. However, I expect those returns to be somewhat smaller than they were last year.
The S&P 500 generated an impressive 26.29% total return in 2023, rebounding from an 18.11% setback in 2022. Heading into 2024, investors are optimistic the same macroeconomic tailwinds that fueled the stock market's 2023 rally will propel the S&P 500 to new all-time highs in 2024.
The Gates connection
Earlier that year, Gates told The Wall Street Journal that he had invested $10 million in Schrodinger. Over the next several years, Gates led other major investments in Schrödinger.
