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Waste Management: Stock Target Price 2013 (NYSE:WM)

2013 looks to be a stronger year for Waste Management. Projections have Waste Management reaching the 1 billion mark in earnings for the 1st time since 2008. Other factors look well for the shareholder as the company should continue to buy back shares thus increasing value for the shareholder. Estimates are that in 2013, Waste Management will have 451.31 million shares outstanding. Projections are that the net profit margin will slightly increase to 7.91% in 2013, helped by the integration of natural gas engines in their trucks.  With a conservative forward P/E of 14.77 in 2013 this will leave a stock target of $33.28 USD.

1. Estimated Sales = $13.9 billion

2. Estimated Profit Margin = 7.91%

3. Earnings = $1.033 billion

4. Shares Outstanding = 451.31 million

5. Estimated EPS = $2.29

6. Forward P/E = 14.77

NYSE:WM – Waste Management – Stock Price Target for 2013 = $33.28 USD

Other price targets for WM:


26-Sep-12 Initiated KeyBanc Capital Mkts Hold
23-May-12 Initiated BB&T Capital Mkts Hold
11-Aug-11 Downgrade Argus Buy → Hold


Chart provided by FINVIZ


To read more articles on Waste Management please read: Analyzing Waste Management’s Debt And RiskWaste Management: Profitability AnalysisWaste Management: Inside The Numbers and Waste Management: Inside The Dividend.

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