Waste Management Inc (WM): Today's Featured Materials & Construction Loser

Waste Management (WM) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction loser. The industry as a whole closed the day down 2.6%. By the end of trading, Waste Management fell 46 cents (-1.4%) to $31.25 on light volume. Throughout the day, 3.9 million shares of Waste Management exchanged hands as compared to its average daily volume of 5.3 million shares. The stock ranged in price between $31.11-$32.27 after having opened the day at $31.84 as compared to the previous trading day's close of $31.71. Other company's within the Materials & Construction industry that declined today were: Hovnanian (HOV), down 13.9%, Real Goods Solar (RSOL), down 11.6%, Patrick Industries (PATK), down 10.8%, and USG (USG), down 9.1%.

Waste Management, Inc., through its subsidiaries, provides waste management services to residential, commercial, industrial, and municipal customers in North America. It offers collection, transfer, recycling, and disposal services. Waste Management has a market cap of $14.57 billion and is part of the industrial goods sector. The company has a P/E ratio of 15.4, equal to the average materials & construction industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 14.1% year to date as of the close of trading on Monday. Currently there are no analysts that rate Waste Management a buy, one analyst rates it a sell, and six rate it a hold.

TheStreet Ratings rates Waste Management as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

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For more information on Waste Management Inc click any of the following:

• Waste Management Inc Stock Price

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• Waste Management Inc Key Stats & Profile

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• Waste Management Inc Growth Rates

• Waste Management Inc Balance Sheet

• Waste Management Inc Cash Flow

• Waste Management Inc Income Statement