On Oct 30, major Wall Street analysts update their ratings for $Waste Management (WM.US)$, with price targets ranging from $220 to $255.
Morgan Stanley analyst Toni Kaplan maintains with a hold rating, and adjusts the target price from $214 to $227.
Goldman Sachs analyst Jerry Revich maintains with a buy rating, and sets the target price at $253.
BofA Securities analyst Michael Feniger maintains with a hold rating, and adjusts the target price from $220 to $225.
Jefferies analyst Stephanie Moore maintains with a buy rating, and adjusts the target price from $256 to $255.
TD Cowen analyst James Schumm maintains with a buy rating, and maintains the target price at $235.
Furthermore, according to the comprehensive report, the opinions of $Waste Management (WM.US)$'s main analysts recently are as follows:
Following a solid Q3 report, the anticipated Q4 outlook seems quite attainable, and the prospects for 2025 are becoming significantly more compelling.
The firm is optimistic regarding the company's sustained growth in core unit profitability, the noticeable increase in earnings due to maturing green capital expenditure investments, and the improvement in free cash flow conversion.
WM's shares experienced an uptick following the company's outperformance in Q3 with both top and bottom lines surpassing consensus, alongside a raised free cash flow guidance for FY24 that exceeded analyst expectations by 2.4%. WM's strategic focus on technology-driven productivity investments is enhancing its position, taking advantage of beneficial industry pricing and cost trends, which is expected to contribute to significant core margin growth into FY25.
Following the company's third-quarter earnings surpassing expectations, it was noted that strong pricing and volume growth contributed to a new high in Adjusted EBITDA margin at 30.5%. The company is reaping benefits from a wider price-cost spread, the shedding of low-margin volumes, enhanced employee retention, and investments in technology. Additionally, with a positive outlook on the Solid Waste business, contributions from sustainability investments, and the integration of a recent acquisition, expectations are set for a significant increase in revenue, earnings, and free cash flow.
Here are the latest investment ratings and price targets for $Waste Management (WM.US)$ from 11 analysts:
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美東時間10月30日，多家華爾街大行更新了$美國廢物管理 (WM.US)$的評級，目標價介於220美元至255美元。
摩根士丹利分析師Toni Kaplan維持持有評級，並將目標價從214美元上調至227美元。
高盛集團分析師Jerry Revich維持買入評級，目標價253美元。
美銀證券分析師Michael Feniger維持持有評級，並將目標價從220美元上調至225美元。
富瑞集團分析師Stephanie Moore維持買入評級，並將目標價從256美元下調至255美元。
TD Cowen分析師James Schumm維持買入評級，維持目標價235美元。
此外，綜合報道，$美國廢物管理 (WM.US)$近期主要分析師觀點如下：
在發佈了紮實的Q3報告之後，預期的Q4展望似乎相當可達，而2025年的前景變得更具吸引力。
該公司對公司核心單位盈利能力持續增長持樂觀態度，由於成熟的綠色資本支出投資帶來的收入顯着增加，以及自由現金流轉化的改善。
WM的股票在Q3公司業績表現優異後出現上漲，營收和淨利潤均超過共識，同時，提升了FY24的自由現金流指引，超出了分析師預期的2.4%。WM專注於以技術驅動的生產力投資，增強了其地位，利用有利的行業定價和成本趨勢，預計對FY25的核心利潤增長做出重要貢獻。
在公司第三季度收益超出預期後，強勁的定價和成交量增長導致調整後的EBITDA利潤率達到30.5%的新高。公司正從更寬廣的價格成本差、擺脫低毛利潤成交量、增強員工保留以及對技術的投資中獲益。此外，對固體廢物業務持樂觀態度，可持續投資的貢獻以及最近收購的整合，預計將爲營業收入、收益和自由現金流的大幅增長做好準備。
以下爲今日11位分析師對$美國廢物管理 (WM.US)$的最新投資評級及目標價：
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