WM Price Prediction Next Week
Technical Analysis: Based on the latest price data, WM closed at $209.43 on January 24, 2025. The stock has shown mixed signals in recent trading sessions.
The Fibonacci levels indicate key support at $206.13 and resistance at $212.76, with a pivot point at $209.45. The RSI reading of 50.43 suggests neutral momentum, neither overbought nor oversold.
News Sentiment & Fundamental Analysis:
- WM will report Q4 earnings on January 29, 2025, with expected EPS of $1.79, representing a 2.87% increase YoY.
- Analysts project quarterly revenue of $5.88 billion, up 12.64% from the previous year.
- The company maintains a Zacks Rank #3 (Hold), with a Forward P/E of 26.19, trading below the industry average.
Analyst Consensus: Recent analyst coverage shows a balanced view:
- 4 Bullish ratings
- 2 Somewhat Bullish ratings
- 7 Neutral ratings The average price target is $232.00, with a high of $252.00 and low of $219.00.
Price Prediction for Next Week (Jan 28 - Feb 1): Based on technical indicators and upcoming earnings:
- Base case (60% probability): $208-$214
- Bullish case (25% probability): $214-$218
- Bearish case (15% probability): $204-$208
Trading Recommendation: HOLD position through earnings. The stock is currently trading near its pivot point with neutral technical indicators. The upcoming earnings report on January 29 will likely be the key catalyst for next week's movement. Consider:
- Entry point: Wait for post-earnings clarity
- Stop loss: $204.08 (Fibonacci S2)
- Target: $214.81 (Fibonacci R2)
WM Similar Chart Price Prediction
The price of WM is predicted to go up -31.89%, based on the high correlation periods with TDS. The similarity of these two price pattern on the periods is 97.41%.
WM
TDS
Down: -31.89%Similarity: 97.41%
WM Revenue Forecast
WM EPS Forecast
WM FAQs
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WM VS S&P500
WM has a stable business model and enjoys a wide economic moat rooted in intangible assets (regulatory permits for landfills) and cost advantages (route density).
Management has streamlined the firm's cost infrastructure, optimized the efficiency of collection operations, and improved pricing execution in the core traditional solid waste business.
Significant investments are planned for renewable energy generation and recycling projects. These projects should support stronger earnings and free cash flow growth and raise the firm's already strong ESG profile.
WM Analyst's Forecast
Stephanie Moore
Jefferies
Strong Buy
Price Target
$255 → $238
Upside
+13.28%
Jefferies lowered the firm's price target on WM to $238 from $255 and keeps a Buy rating on the shares. The firm continues to like the waste group in general given its view that margins should come in at the high-end or above historical levels, driven by "healthy" pricing, a rebound in volumes and company-specific margin drivers. In the group, Jefferies favors companies with idiosyncratic stories, benefiting from defensive business models, improving organic growth, and steady margin expansion, the analyst tells investors.
Noah Kaye
Oppenheimer
Buy
Price Target
$230 → $231
Upside
+7%
Sabahat Khan
RBC Capital
Hold
Price Target
$204 → $220
Upside
+2.34%