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Waste Management (NYSE:WM)’s share price hit a new 52-week high during trading on Tuesday , AnalystRatingsNetwork reports. The company traded as high as $46.43 and last traded at $46.40, with a volume of 458,453 shares changing hands. The stock had previously closed at $46.09.

Several analysts have recently commented on the stock. Analysts at Imperial Capital raised their price target on shares of Waste Management from $50.00 to $51.00 in a research note on Thursday, July 31st. Separately, analysts at Macquarie reiterated an “outperform” rating on shares of Waste Management in a research note on Wednesday, July 30th. They now have a $53.00 price target on the stock, up previously from $50.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Waste Management in a research note on Wednesday, July 30th. They now have a $48.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Waste Management presently has an average rating of “Hold” and a consensus target price of $48.00.

The stock has a 50-day moving average of $44.72 and a 200-day moving average of $43.17. The company has a market cap of $21.608 billion and a price-to-earnings ratio of 173.92.

Waste Management (NYSE:WM) last released its earnings data on Tuesday, July 29th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.01. The company had revenue of $3.56 billion for the quarter, compared to the consensus estimate of $3.61 billion. During the same quarter in the previous year, the company posted $0.57 earnings per share. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. On average, analysts predict that Waste Management will post $2.36 earnings per share for the current fiscal year.

In other Waste Management news, SVP Barry H. Caldwell sold 30,049 shares of Waste Management stock on the open market in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $46.04, for a total transaction of $1,383,455.96. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Waste Management, Inc (NYSE:WM) is a provider of waste management services in North America.

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