Waste Connections, Inc. (TSE:WCN - Get Free Report)'s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$256.78 and traded as low as C$254.92. Waste Connections shares last traded at C$255.28, with a volume of 305,345 shares traded.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the company. Scotiabank upgraded Waste Connections to a "hold" rating in a report on Friday, October 4th. Eight Capital set a C$270.00 price target on shares of Waste Connections and gave the company a "neutral" rating in a report on Wednesday, October 9th. Finally, ATB Capital increased their price objective on shares of Waste Connections from C$255.00 to C$260.00 in a research report on Friday, October 25th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of C$237.33.
View Our Latest Research Report on Waste Connections
Waste Connections Stock Performance
The company has a debt-to-equity ratio of 100.60, a quick ratio of 0.74 and a current ratio of 0.70. The stock has a 50-day moving average of C$256.63 and a 200-day moving average of C$250.78. The firm has a market cap of C$65.86 billion, a price-to-earnings ratio of 56.60, a price-to-earnings-growth ratio of 2.22 and a beta of 0.72.
Waste Connections (TSE:WCN - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported C$1.84 EPS for the quarter, topping analysts' consensus estimates of C$1.80 by C$0.04. Waste Connections had a net margin of 10.23% and a return on equity of 11.14%. During the same period last year, the firm earned $1.57 EPS. As a group, analysts anticipate that Waste Connections, Inc. will post 9.9808652 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, Senior Officer Robert Andres Nielsen sold 1,000 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of C$260.63, for a total value of C$260,625.00. Insiders own 0.21% of the company's stock.
Waste Connections Company Profile
(
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Waste Connections is the third- largest integrated provider of traditional solid waste and recycling services in the North America, operating 91 active landfills (12 are E&P waste landfills), 132 transfer stations, and 68 recycling operations. The firm serves residential, commercial, industrial, and energy end markets.
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