Entry level $113.37 = Target price $116.62 = Stop loss $112.21
Very short term trade as we believe the company is overvalued with such a high P/E despite the growth opportunities.
Average analysts price target $124.78 | Overweight.
P/E ratio 27.46 high valuation
Company profile
Waste Management, Inc. is engaged in provision of waste management environmental services. It operates through the following business segments: Tier 1. Tier 2 and Tier 3. The Tier 1 segment comprises exclusively of areas in the Southern United States. The Tier 2 segment comprises predominately of areas located in the Midwest and Northeast United States. The Tier 3 segment comprises all remaining areas, including the Northwest and Mid-Atlantic regions of the United States and Eastern Canada. The company was founded on September 30, 1987 and is headquartered in Houston, TX.
Very short term trade as we believe the company is overvalued with such a high P/E despite the growth opportunities.
Average analysts price target $124.78 | Overweight.
P/E ratio 27.46 high valuation
Company profile
Waste Management, Inc. is engaged in provision of waste management environmental services. It operates through the following business segments: Tier 1. Tier 2 and Tier 3. The Tier 1 segment comprises exclusively of areas in the Southern United States. The Tier 2 segment comprises predominately of areas located in the Midwest and Northeast United States. The Tier 3 segment comprises all remaining areas, including the Northwest and Mid-Atlantic regions of the United States and Eastern Canada. The company was founded on September 30, 1987 and is headquartered in Houston, TX.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.