Waste Management (WM) Gets a Hold from BMO Capital
In a report released today, Devin Dodge from BMO Capital maintained a Hold rating on Waste Management, with a price target of $237.00.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
According to TipRanks, Dodge is a 5-star analyst with an average return of 14.9% and a 70.21% success rate. Dodge covers the Industrials sector, focusing on stocks such as Clean Harbors, Republic Services, and Waste Management.
In addition to BMO Capital, Waste Management also received a Hold from CIBC’s Kevin Chiang in a report issued on April 6. However, today, Robert W. Baird maintained a Buy rating on Waste Management (NYSE: WM).
Based on Waste Management’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $6.31 billion and a net profit of $742 million. In comparison, last year the company earned a revenue of $5.89 billion and had a net profit of $598 million
Based on the recent corporate insider activity of 81 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WM in relation to earlier this year. Last month, John J. Morris, the President & COO of WM sold 4,211.00 shares for a total of $1,024,831.07.
Read More on WM:
