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TSE:WCN

Waste Connections (WCN) Stock Price, News & Analysis

C$251.78
+1.68 (+0.67%)
(As of 10/17/2024 ET)

About Waste Connections Stock (TSE:WCN)

Key Stats

Today's Range
C$250.55
C$252.10
50-Day Range
C$239.64
C$252.63
52-Week Range
C$174.74
C$253.95
Volume
183,918 shs
Average Volume
236,210 shs
Market Capitalization
C$64.95 billion
P/E Ratio
55.83
Dividend Yield
0.62%
Price Target
C$208.42
Consensus Rating
Hold

Company Overview

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. The company owns and operates transfer stations that receive compact and/or load waste to be transported to landfills or treatment facilities through truck, rail, or barge; and intermodal services for the rail haul movement of cargo and solid waste containers in the Pacific Northwest through a network of intermodal facilities. In addition, it provides E&P waste treatment, recovery, and disposal services for waste resulting from oil and natural gas exploration and production activity, such as drilling fluids, drill cuttings, completion fluids, and flowback water; production wastes and produced water during a well's operating life; contaminated soils that require treatment during site reclamation; and substances, which require clean-up after a spill, reserve pit clean-up, or pipeline rupture. Further, the company offers leasing services to its customers. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada.

Waste Connections Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
18th Percentile Overall Score

WCN MarketRank™: 

Waste Connections scored higher than 18% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Waste Connections has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Waste Connections has only been the subject of 2 research reports in the past 90 days.

  • Read more about Waste Connections' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Waste Connections is 55.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.47.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Waste Connections is 55.83, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 486.88.

  • Price to Earnings Growth Ratio

    Waste Connections has a PEG Ratio of 2.22. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Waste Connections has a P/B Ratio of 8.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Waste Connections' valuation and earnings.
  • Short Interest

    There is no current short interest data available for WCN.
  • Dividend Yield

    Waste Connections has a dividend yield of 0.65%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Waste Connections does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Waste Connections is 34.37%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Waste Connections' dividend.
  • Short Interest

    There is no current short interest data available for WCN.
  • News Sentiment

    Waste Connections has a news sentiment score of -0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.37 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Waste Connections this week, compared to 2 articles on an average week.
  • Search Interest

    Only 8 people have searched for WCN on MarketBeat in the last 30 days. This is a decrease of -27% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Waste Connections to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Waste Connections insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$6,073,683.00 in company stock.

  • Percentage Held by Insiders

    Only 0.21% of the stock of Waste Connections is held by insiders.

  • Percentage Held by Institutions

    89.61% of the stock of Waste Connections is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Waste Connections' insider trading history.
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WCN Stock News Headlines

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WCN Stock Analysis - Frequently Asked Questions

Waste Connections' stock was trading at C$197.86 at the start of the year. Since then, WCN stock has increased by 27.3% and is now trading at C$251.78.
View the best growth stocks for 2024 here
.

Waste Connections, Inc. (TSE:WCN) announced its quarterly earnings data on Wednesday, July, 24th. The company reported $1.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.61 by $0.09. The firm had revenue of $3.08 billion for the quarter, compared to analysts' expectations of $3.03 billion. Waste Connections had a net margin of 10.23% and a trailing twelve-month return on equity of 11.14%.

Shares of WCN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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Based on aggregate information from My MarketBeat watchlists, some other companies that Waste Connections investors own include NVIDIA (NVDA), Visa (V), Algonquin Power & Utilities (AQN), Suncor Energy (SU), BCE (BCE), Enbridge (ENB) and Toronto-Dominion Bank (TD).

Company Calendar

Last Earnings
7/24/2024
Ex-Dividend for 8/22 Dividend
8/07/2024
Dividend Payable
8/22/2024
Today
10/17/2024
Next Earnings (Confirmed)
10/23/2024

Industry, Sector and Symbol

Industry
Waste Management
Sub-Industry
Business Services
CIK
N/A
Fax
N/A
Employees
22,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$208.42
High Stock Price Target
C$270.00
Low Stock Price Target
C$146.50
Potential Upside/Downside
-17.2%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
C$861.31 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$8.42 billion
Cash Flow
C$1.09 per share
Book Value
C$30.95 per share

Miscellaneous

Free Float
N/A
Market Cap
C$64.95 billion
Optionable
Not Optionable
Beta
0.72
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This page (TSE:WCN) was last updated on 10/17/2024 by MarketBeat.com Staff
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