On May 7, 2025, Seaport Global initiated coverage on Waste Management (WM, Financial), a leading provider of waste management and environmental services. Esteemed analyst John Mazzoni assigned a 'Neutral' rating to the company.
Despite initiating the coverage, Seaport Global did not specify a price target for Waste Management (WM, Financial), leaving investors to weigh the implications of the new positioning. The absence of a prior rating indicates this is the first analysis by Seaport Global for Waste Management.
The current market sentiment towards Waste Management (WM, Financial) reflects a careful assessment by Seaport Global, as the company continues to focus on sustainable waste solutions and innovative environmental services.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Waste Management Inc (WM, Financial) is $247.50 with a high estimate of $271.00 and a low estimate of $193.44. The average target implies an upside of 5.74% from the current price of $234.07. More detailed estimate data can be found on the Waste Management Inc (WM) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, Waste Management Inc's (WM, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Waste Management Inc (WM, Financial) in one year is $239.31, suggesting a upside of 2.24% from the current price of $234.07. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Waste Management Inc (WM) Summary page.
