RBC Capital analyst Walter Spracklin maintained a Hold rating on Waste Management (NYSE:WM) on Thursday, setting a price target of $115, which is approximately 0.30% below the present share price of $115.35.
Spracklin expects Waste Management to post earnings per share (EPS) of $0.73 for the fourth quarter of 2020.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in Waste Management, with an average price target of $117.75.
The analysts price targets range from a high of $128 to a low of $106.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $3.56 billion and a net profit of $590 million. The company's market cap is $48.73 billion.
According to TipRanks.com, RBC Capital analyst Walter Spracklin is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 16.1% and a 69.16% success rate.
Waste Management, Inc. engages in the provision of waste management environmental services. It operates through the following segments: Tier 1, Tier 2 and Tier 3. The Tier 1 segment comprises of areas in the Southern United States. The Tier 2 segment comprises 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.