Price Over Earnings Overview: Waste Management
Portfolio Pulse from Benzinga Insights
Waste Management Inc.'s (NYSE:WM) stock price is currently at $157.01, after a 0.15% increase. However, the stock has fallen by 1.75% over the past month and by 7.18% over the past year. The company's P/E ratio of 28.2 is lower than the industry average of 53.88, which could indicate that the stock is undervalued or that shareholders do not expect future growth.
September 04, 2023 | 5:45 pm
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Waste Management Inc.'s stock price has increased by 0.15% to $157.01. However, it has fallen by 1.75% over the past month and 7.18% over the past year. The company's P/E ratio of 28.2 is lower than the industry average of 53.88.
The company's stock price has increased slightly in the current market session, but it has been falling over the past month and year. The company's P/E ratio is lower than the industry average, which could indicate that the stock is undervalued or that shareholders do not expect future growth. This could potentially impact the stock price in the short term.
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IMPORTANCE 75
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