Atb Cap Markets Issues Pessimistic Outlook for WCN Earnings

Waste Connections, Inc. (NYSE:WCN - Free Report) - Equities researchers at Atb Cap Markets dropped their Q2 2025 EPS estimates for shares of Waste Connections in a note issued to investors on Thursday, April 24th. Atb Cap Markets analyst C. Murray now expects that the business services provider will post earnings per share of $1.27 for the quarter, down from their prior forecast of $1.37. The consensus estimate for Waste Connections' current full-year earnings is $5.28 per share. Atb Cap Markets also issued estimates for Waste Connections' Q4 2025 earnings at $1.37 EPS and Q2 2026 earnings at $1.46 EPS.

A number of other research firms have also recently weighed in on WCN. Truist Financial set a $220.00 price target on Waste Connections in a report on Friday. Scotiabank boosted their target price on Waste Connections from $192.00 to $207.00 and gave the company a "sector perform" rating in a research report on Tuesday, April 8th. Jefferies Financial Group cut their price objective on Waste Connections from $225.00 to $210.00 and set a "buy" rating on the stock in a report on Thursday, January 30th. StockNews.com downgraded Waste Connections from a "buy" rating to a "hold" rating in a research report on Friday, February 14th. Finally, William Blair initiated coverage on shares of Waste Connections in a research report on Thursday, April 3rd. They set an "outperform" rating on the stock. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $208.21.

Waste Connections Trading Up 0.7 %

WCN traded up $1.42 during trading hours on Monday, reaching $195.50. The company's stock had a trading volume of 1,205,427 shares, compared to its average volume of 976,355. The business's 50-day moving average is $191.00 and its 200-day moving average is $185.09. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.65 and a quick ratio of 0.65. The stock has a market cap of $50.51 billion, a PE ratio of 81.80, a P/E/G ratio of 3.07 and a beta of 0.67. Waste Connections has a fifty-two week low of $160.34 and a fifty-two week high of $201.66.

Waste Connections (NYSE:WCN - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $1.13 EPS for the quarter, topping the consensus estimate of $1.07 by $0.06. Waste Connections had a return on equity of 15.54% and a net margin of 6.92%. The business had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.22 billion. During the same quarter in the previous year, the firm earned $1.04 EPS. The company's quarterly revenue was up 7.5% compared to the same quarter last year.

Institutional Investors Weigh In On Waste Connections

A number of institutional investors and hedge funds have recently made changes to their positions in WCN. Manchester Capital Management LLC purchased a new stake in Waste Connections during the 4th quarter valued at approximately $26,000. Private Trust Co. NA increased its holdings in shares of Waste Connections by 153.3% in the fourth quarter. Private Trust Co. NA now owns 152 shares of the business services provider's stock valued at $26,000 after purchasing an additional 92 shares during the period. Stonebridge Financial Group LLC acquired a new position in Waste Connections in the 4th quarter valued at $27,000. Aster Capital Management DIFC Ltd purchased a new stake in Waste Connections in the 4th quarter valued at approximately $28,000. Finally, Smartleaf Asset Management LLC lifted its holdings in Waste Connections by 59.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 190 shares of the business services provider's stock valued at $33,000 after acquiring an additional 71 shares during the period. 86.09% of the stock is owned by hedge funds and other institutional investors.

Waste Connections Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Wednesday, May 7th will be given a $0.315 dividend. The ex-dividend date is Wednesday, May 7th. This represents a $1.26 annualized dividend and a yield of 0.64%. Waste Connections's dividend payout ratio (DPR) is 51.85%.

Waste Connections Company Profile

Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.