ICON vs Waste Management Which Is More Promising?
ICON Inc. is a leading provider of waste management services, specializing in the collection, recycling, and disposal of various types of waste. On the other hand, Waste Management is a well-established company that offers a wide range of environmental services including waste collection, recycling, and disposal. Both companies operate in a highly competitive market and have shown strong financial performance in recent years. This comparison will analyze the key differences and similarities between ICON and Waste Management stocks, providing valuable insights for potential investors.
ICON or Waste Management?
When comparing ICON and Waste Management, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between ICON and Waste Management.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
ICON has a dividend yield of -%, while Waste Management has a dividend yield of 1.39%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. ICON reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Waste Management reports a 5-year dividend growth of 8.52% year and a payout ratio of 45.06%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with ICON P/E ratio at 23.92 and Waste Management's P/E ratio at 32.83. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. ICON P/B ratio is 1.83 while Waste Management's P/B ratio is 10.87.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, ICON has seen a 5-year revenue growth of 1.06%, while Waste Management's is 0.45%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with ICON's ROE at 7.87% and Waste Management's ROE at 35.91%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $213.72 for ICON and $215.90 for Waste Management. Over the past year, ICON's prices ranged from $183.38 to $347.72, with a yearly change of 89.62%. Waste Management's prices fluctuated between $173.01 and $230.39, with a yearly change of 33.17%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.