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TSE:WCN

Waste Connections (WCN) Stock Price, News & Analysis

C$247.71
-2.08 (-0.83%)
(As of 09/6/2024 ET)
Today's Range
C$246.54
C$251.18
50-Day Range
C$239.46
C$251.83
52-Week Range
C$174.74
C$252.91
Volume
203,304 shs
Average Volume
237,092 shs
Market Capitalization
C$63.90 billion
P/E Ratio
55.05
Dividend Yield
0.63%
Price Target
C$196.10

Waste Connections MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
20.8% Downside
C$196.10 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.89mentions of Waste Connections in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
C$6.10 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.41 out of 5 stars

WCN stock logo

About Waste Connections Stock (TSE:WCN)

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.

WCN Stock Price History

WCN Stock News Headlines

Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Waste Connections: Strong Buy on Growth and Strategic Acquisitions
See More Headlines
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Company Calendar

Last Earnings
7/24/2024
Ex-Dividend for 8/22 Dividend
8/07/2024
Dividend Payable
8/22/2024
Today
9/07/2024
Next Earnings (Estimated)
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$196.10
High Stock Price Target
C$255.00
Low Stock Price Target
C$146.50
Potential Upside/Downside
-20.8%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 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$1.08 per share
Book Value
C$30.95 per share

Miscellaneous

Free Float
N/A
Market Cap
C$63.90 billion
Optionable
Not Optionable
Beta
0.71
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Key Executives

  • Mr. Ronald J. Mittelstaedt (Age 61)
    Founder, CEO, President & Director
    Comp: $4.13M
  • Ms. Mary Anne Whitney (Age 60)
    Executive VP & CFO
    Comp: $1.85M
  • Mr. Darrell W. Chambliss (Age 60)
    COO & Executive VP
    Comp: $1.87M
  • Mr. Patrick J. Shea (Age 53)
    Executive VP, General Counsel & Secretary
    Comp: $1.67M
  • Mr. James M. Little (Age 62)
    Executive Vice President of Engineering & Disposal
    Comp: $1.49M
  • Mr. Matthew Stephen Black (Age 51)
    Senior VP & Chief Accounting Office
  • Mr. Eric O. Hansen (Age 59)
    Senior VP & Chief Information Officer
  • Mr. Joe Gregory Box Jr.
    Vice President of Investor Relations
  • Mr. John M. Perkey (Age 42)
    VP & Deputy General Counsel of Compliance and Government Affairs
  • Mr. Colin G. Wittke (Age 61)
    Vice President of Sales & Customer Engagement

Should I Buy Waste Connections Stock? WCN Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Waste Connections, Inc.:

  • Waste Connections, Inc. has shown consistent revenue growth over the past year, indicating a strong financial performance.
  • The company has a solid track record of profitability, which is attractive to investors looking for stable returns.
  • Recent developments in the waste management industry, such as increased focus on sustainability and recycling, present growth opportunities for Waste Connections, Inc.
  • Waste Connections, Inc. has a strong balance sheet with low debt levels, reducing financial risk for investors.
  • The current stock price of Waste Connections, Inc. is favorable for potential investors, offering a good entry point.

Cons

Investors should be bearish about investing in Waste Connections, Inc. for these reasons:

  • While the waste management industry is growing, it also faces regulatory challenges and potential changes in government policies that could impact Waste Connections, Inc.
  • Competition in the waste management sector is intense, leading to pricing pressures and potential margin compression for Waste Connections, Inc.
  • Environmental concerns and public perception of waste management companies could affect the reputation and brand image of Waste Connections, Inc.
  • Market volatility and economic uncertainties may impact the overall performance of Waste Connections, Inc. and its stock price.
  • Investors should carefully consider the cyclical nature of the waste management industry and its potential impact on Waste Connections, Inc.'s financial performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 26, 2024. Please send any questions or comments about these Waste Connections pros and cons to contact@marketbeat.com.

WCN Stock Analysis - Frequently Asked Questions

How have WCN shares performed this year?

Waste Connections' stock was trading at C$197.86 on January 1st, 2024. Since then, WCN stock has increased by 25.2% and is now trading at C$247.71.
View the best growth stocks for 2024 here
.

How were Waste Connections' earnings last quarter?

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

How do I buy shares of Waste Connections?

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.
Compare Top Brokerages Here.

What other stocks do shareholders of Waste Connections own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Waste Connections investors own include Bank of Nova Scotia (BNS), Enbridge (ENB), Suncor Energy (SU), Canadian Pacific Kansas City (CP), Fortis (FTS), BCE (BCE) and TELUS (T).

This page (TSE:WCN) was last updated on 9/7/2024 by MarketBeat.com Staff

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