Media stories about Waste Management (NYSE:WM) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Waste Management earned a news impact score of 0.11 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 45.9942837119135 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the news stories that may have effected Accern Sentiment’s rankings:

A number of equities research analysts have issued reports on the stock. Zacks Investment Research lowered shares of Waste Management from a “buy” rating to a “hold” rating in a report on Saturday. Stifel Nicolaus reissued a “buy” rating and issued a $100.00 price target on shares of Waste Management in a report on Thursday, January 4th. Macquarie raised shares of Waste Management from a “neutral” rating to an “outperform” rating in a report on Wednesday, January 3rd. Credit Suisse Group set a $90.00 price target on shares of Waste Management and gave the stock a “buy” rating in a report on Monday, October 30th. Finally, Oppenheimer raised their price target on shares of Waste Management from $82.00 to $87.00 and gave the stock an “outperform” rating in a report on Friday, October 27th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $86.78.

Shares of Waste Management (WM) traded up $0.09 on Friday, hitting $88.27. 1,984,404 shares of the stock were exchanged, compared to its average volume of 1,820,000. The company has a market cap of $38,330.00, a price-to-earnings ratio of 28.38, a price-to-earnings-growth ratio of 2.65 and a beta of 0.75. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.71 and a quick ratio of 0.68. Waste Management has a 52-week low of $69.00 and a 52-week high of $88.66.

Waste Management (NYSE:WM) last announced its earnings results on Thursday, October 26th. The business services provider reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.02. The firm had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.71 billion. Waste Management had a net margin of 9.66% and a return on equity of 25.61%. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.84 EPS. sell-side analysts expect that Waste Management will post 3.2 earnings per share for the current fiscal year.

Waste Management announced that its Board of Directors has authorized a share repurchase plan on Thursday, December 14th that authorizes the company to buyback $1.25 billion in outstanding shares. This buyback authorization authorizes the business services provider to reacquire shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s management believes its stock is undervalued.

The business also recently announced a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 1st were paid a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date was Thursday, November 30th. Waste Management’s payout ratio is 54.66%.

In other news, SVP Barry H. Caldwell sold 1,650 shares of Waste Management stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $81.10, for a total transaction of $133,815.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.19% of the company’s stock.

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Waste Management Company Profile

Waste Management, Inc (WM) is a holding company. The Company, through its subsidiaries, is a provider of waste management environmental services. The Company’s segments include Solid Waste and Other. The Company’s Solid Waste segment includes its solid waste business. The Other segment includes its Strategic Business Solutions (WMSBS) organization; its landfill gas-to-energy operations and third-party subcontract and administration services managed by its Energy and Environmental Services and WM Renewable Energy organizations; its recycling brokerage services, and its service offerings and solutions, such as portable self-storage and long distance moving services, fluorescent lamp recycling and interests it holds in oil and gas producing properties.

Insider Buying and Selling by Quarter for Waste Management (NYSE:WM)

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