This is Holt’s first transaction since reporting a Sell transaction on PRLB back in February 2017
Based on Waste Management’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $4.48 billion and quarterly net profit of $351 million. In comparison, last year the company earned revenue of $3.56 billion and had a net profit of $307 million. The company has a one-year high of $149.95 and a one-year low of $106.11. WM’s market cap is $62.92 billion and the company has a P/E ratio of 39.10.
One of the top 25 analysts, according to TipRanks.com, recently recommended Buy WM with a $159.00 price target. Based on 9 analyst ratings, the analyst consensus is Hold with an average price target of $151.89, reflecting a -1.8% downside.
The insider sentiment on Waste Management has been negative according to 82 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Headquartered in Texas and founded in 1987, Waste Management, Inc. provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It provides services that range from collection and disposal to recycling and renewable energy generation.