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Waste Management Inc. ($WM) Stock Forecast: Up 1.3% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Waste Management Inc.?

WM is the stock symbol for Waste Management, a company that provides waste management and environmental services in the United States.

Why is Waste Management Inc. going up?

WM stock is up 1.3% on Feb 18, 2025 15:28

  • The partnership between Wang & Lee Group and Jinshan Hi-Tech Group for innovative waste treatment solutions could have positively impacted WM's stock as it signals potential growth opportunities and advancements in the waste management sector.
  • The focus on ESG (Environmental, Social, and Governance) initiatives in the collaboration aligns with Waste Management's core business, potentially boosting investor confidence in the company's sustainability efforts.
  • The market's bullish movement today could be a reflection of investors' optimism towards Waste Management's future prospects in the evolving landscape of environmental technologies and sustainable practices.

WM Price Chart

WM Technical Analysis

WM News

Wang & Lee Group Enters Strategic ESG Partnership with Jinshan Hi-Tech Group for Innovative Waste Treatment Solutions

Hong Kong, Feb. 13, 2025 ( GLOBE NEWSWIRE ) -- Wang & Lee Group is delighted to announce the signing of a Memorandum of Understanding ( MOU ) with Jinshan Hi-Tech Group, a pioneer in cutting-edge environmental technologies. This collaboration marks a significant milestone in the journey towards ...

https://www.globenewswire.com/news-release/2025/02/13/3026042/0/en/Wang-Lee-Group-Enters-Strategic-ESG-Partnership-with-Jinshan-Hi-Tech-Group-for-Innovative-Waste-Treatment-Solutions.html

0 News Article Image Wang & Lee Group Enters Strategic ESG Partnership with Jinshan Hi-Tech Group for Innovative Waste Treatment Solutions

Waste Management Inc. Price History

29.09.2024 - WM Stock was up 5.2%

  • Waste Management (WM) had a strong bullish movement today, with its stock price increasing.
  • The company's earnings and revenues in Q3 surpassed estimates, with increased revenues across all segments.
  • Analysts expected Waste Management to report higher quarterly earnings compared to the year-ago period.
  • The positive market movement could be attributed to the strong Q3 earnings results and the growth in organic revenues, indicating a solid performance by the company.

29.09.2024 - WM Stock was up 5.1%

  • Waste Management (WM) stock demonstrated a robust bullish movement, reaching $211.80 at the close of the latest trading session, despite the broader market decline.
  • Analysts are anticipating an increase in Waste Management's Q3 earnings to $1.89 per share from $1.63, likely influencing the positive market sentiment.
  • The projected growth in organic revenues for Waste Management in the third quarter of 2024 could have further bolstered investor confidence, fueling the upward momentum in the stock.
  • The growing emphasis on waste management and environmental sustainability in the current market environment may have attracted investors to Waste Management stock, contributing to its upward trend.

18.01.2025 - WM Stock was up 1.3%

  • The partnership between Wang & Lee Group and Jinshan Hi-Tech Group for innovative waste treatment solutions could have positively impacted WM's stock as it signals potential growth opportunities and advancements in the waste management sector.
  • The focus on ESG (Environmental, Social, and Governance) initiatives in the collaboration aligns with Waste Management's core business, potentially boosting investor confidence in the company's sustainability efforts.
  • The market's bullish movement today could be a reflection of investors' optimism towards Waste Management's future prospects in the evolving landscape of environmental technologies and sustainable practices.

30.00.2025 - WM Stock was up 5.1%

  • Despite missing earnings estimates in the Q4 report, WM experienced a bullish movement, indicating that investors may be focusing on other positive aspects of the company.
  • Endorsement of Waste Management on a popular financial program could have contributed to the bullish sentiment, as positive remarks may have influenced investor confidence in the stock.
  • The perception of Waste Management as a reliable and essential service provider, especially in the context of increasing focus on sustainability and environmental responsibility, might have also boosted investor interest in the company.

14.01.2024 - WM Stock was up 5.9%

  • Waste Management (WM) stock received a strong-buy rating.
  • The company's fourth-quarter results exceeded expectations, resulting in a rise in the stock price.
  • Despite the general market trend of U.S. equities decreasing due to higher than expected consumer inflation in January, Waste Management stock managed to increase.

14.01.2024 - WM Stock was up 5.9%

  • Waste Management (WM) experienced significant market gains today, for the following reasons:
  • WM received an upgraded rating, indicating positive sentiment towards its stock.
  • Limited information regarding the earnings call presentations suggests strong financial performance.
  • The overall market sentiment, influenced by higher than anticipated consumer inflation, may have positively influenced WM's stock price.
  • The absence of news relating to other companies indicates that WM's bullish movement is primarily driven by internal factors.

25.03.2024 - WM Stock was up 0.8%

  • Waste Management (WM) reported earnings per share of $1.75 for Q1 2024, surpassing analyst estimates, which contributed to the bullish market movement.
  • Despite falling slightly short of revenue expectations, the company's overall performance exceeded market projections, bolstering investor confidence.
  • The positive earnings report and outperformance by Waste Management demonstrated the company's resilience in overcoming challenges and delivering robust financial results, driving the stock price up.
  • Investors seemed encouraged by Waste Management's strong Q1 performance, signaling trust in the company's ability to navigate economic uncertainties and create value for shareholders.

16.04.2024 - WM Stock was up 1.4%

  • Waste Management (WM) experienced a strong bullish movement today.
  • Analysts initiated coverage on Avalon (AWX) with a "hold" rating, potentially diverting attention from other stocks.
  • GFL Environmental Inc. (GFL) announced results from its annual general meeting, possibly indicating stability in the waste management sector.
  • The updated stock price targets for Q2 2024 on steady compounder stocks like Waste Management might have influenced investor optimism and contributed to the bullish movement.

03.05.2024 - WM Stock was down 2.5%

  • The bearish movement in Waste Management's stock could be attributed to profit-taking by investors following the announcement of the acquisition of Stericycle Inc. (SRCL) for $62 per share in cash, which represents a 20% premium.
  • The market may be reacting to uncertainties surrounding the deal, as indicated by the investigation initiated by Johnson Fistel, LLP into potential breaches of fiduciary duties by Stericycle's board members.
  • Despite the bearish trend, Oppenheimer's bullish stance on Waste Management stock and approval of the $7.2 billion Stericycle deal suggest long-term growth prospects, potentially leading to a rebound in the stock price in the future.

25.06.2024 - WM Stock was down 6.8%

  • Waste Management's Q2 earnings matched estimates but fell short of revenue expectations, resulting in a neutral market sentiment.
  • The buoyant market performance of companies such as IBM and ServiceNow could have overshadowed Waste Management's weaker showing, influencing the bearish direction.
  • Even though positive growth outlooks were mentioned, the revenue shortfall in the recent earnings report likely affected investor trust, causing the stock's decline.
  • Attention on companies like ServiceNow and IBM with strong upward movements may have diverted focus from Waste Management, influencing its bearish market response amidst a mixed sentiment.

25.06.2024 - WM Stock was down 7.5%

  • Waste Management (WM) experienced a strong bearish movement today, with shares trading lower following worse-than-expected second-quarter financial results.
  • The company's sales of $5.402 billion missed the consensus of $5.427 billion, raising concerns about near-term weakness and leading to a negative market sentiment.
  • Despite Waste Management's Q2 earnings meeting estimates and showing a year-over-year rise in revenues, the slight miss in sales expectations likely contributed to the stock's decline.
  • The bearish movement in Waste Management's stock may have been influenced by the disappointing financial results, overshadowing positive moves by other companies like IBM and ServiceNow, which contributed to a bullish outlook in the market.

25.06.2024 - WM Stock was down 6.8%

  • Waste Management (WM) stock experienced a bearish movement today, possibly influenced by the company's Q2 earnings missing estimates, despite showing an increase from the previous year.
  • The concerns raised by the quarterly results about near-term weakness could have contributed to the negative sentiment surrounding Waste Management stock.
  • While other companies like IBM and ServiceNow reported positive moves, Waste Management's negative movement added a bearish tone to the overall market sentiment.
  • Investors might be reacting to the mixed earnings results and uncertainties about future performance, leading to the downward pressure on Waste Management stock.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.