Waste Connections (WCN) Stock Forecast & Price Target

C$266.64 +0.37 (+0.14%)

As of 02/21/2025 04:00 PM Eastern

Waste Connections - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 3 Analyst Ratings

Sell
0

Hold
3

Buy
0

Based on 3 Wall Street analysts who have issued ratings for Waste Connections in the last 12 months, the stock has a consensus rating of "Hold." Out of the 3 analysts, 3 have given a hold rating for WCN.

Consensus Price Target

C$265.00
-0.62% Downside

According to the 3 analysts' twelve-month price targets for Waste Connections, the average price target is C$265.00. The highest price target for WCN is C$270.00, while the lowest price target for WCN is C$260.00. The average price target represents a forecasted downside of -0.62% from the current price of C$266.64.

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WCN Analyst Ratings Over Time

Type	Current Forecast 2/23/24 to 2/22/25	1 Month Ago 1/24/24 to 1/23/25	3 Months Ago 11/25/23 to 11/24/24	1 Year Ago 2/23/23 to 2/23/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	1 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)
Hold	3 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$265.00	C$237.33	C$205.10	C$192.10
Forecasted Upside	-0.62% Downside	-7.96% Downside	-22.71% Downside	-16.40% Downside
Consensus Rating	Hold	Hold	Hold	Hold

WCN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

WCN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Waste Connections Stock vs. The Competition

Type	Waste Connections	Industrials Companies
Consensus Rating Score	2.00	2.77
Consensus Rating	Hold	Moderate Buy
News Sentiment Rating	Neutral News See Recent WCN News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/25/2024	ATB Capital 4 of 5 stars		Boost Target		C$255.00 ➝ C$260.00	+6.21%
10/9/2024	Eight Capital 5 of 5 stars	J. Somerville Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target	Neutral	C$270.00	+8.95%
10/4/2024	Scotiabank 5 of 5 stars	K. Gupta Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
2/15/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$169.00 ➝ C$182.00	-18.31%
2/14/2024	Atb Cap Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Murray Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform
12/12/2023	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$156.00 ➝ C$167.00	-14.66%
10/27/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$223.00 ➝ C$230.00	+29.58%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 12:46 PM ET.

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

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 Tuesday, February 18, 2025. Please send any questions or comments about these Waste Connections pros and cons to contact@marketbeat.com.

Waste Connections
Bull Case

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

Analysts have recently increased their earnings per share (EPS) estimates for Waste Connections, Inc. for Q1 2025 to $1.54, indicating positive growth expectations.
The current stock price is C$267.86, which is above its fifty-day moving average of C$257.39, suggesting a bullish trend in the stock's performance.
Waste Connections, Inc. has a strong market capitalization of C$48.69 billion, reflecting its significant presence and stability in the waste management industry.
The company operates 91 active landfills and 132 transfer stations, positioning it as the third-largest integrated provider of solid waste and recycling services in North America, which can lead to consistent revenue streams.
Recent upgrades in target price by analysts, from C$255.00 to C$260.00, indicate growing confidence in the company's future performance.

Waste Connections
Bear Case

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

The company has a high debt-to-equity ratio of 102.69, which may indicate potential financial risk and reliance on debt for growth.
With a price-to-earnings (P/E) ratio of 51.77, the stock may be considered overvalued compared to its earnings, which could deter value-focused investors.
The current ratio of 0.77 suggests that Waste Connections, Inc. may have liquidity issues, as it indicates that current liabilities exceed current assets.
Despite recent positive earnings estimates, the overall earnings forecast for FY2025 is lower at $7.66 EPS, which may raise concerns about long-term profitability.
The stock's beta of 0.72 indicates lower volatility compared to the market, which may not appeal to investors seeking high-risk, high-reward opportunities.

WCN Forecast - Frequently Asked Questions

: According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Waste Connections is C$265.00, with a high forecast of C$270.00 and a low forecast of C$260.00.
: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waste Connections in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WCN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WCN, but not buy additional shares or sell existing shares.
: According to analysts, Waste Connections's stock has a predicted downside of -0.62% based on their 12-month stock forecasts.
: Analysts like Waste Connections less than other "industrials" companies. The consensus rating for Waste Connections is Hold while the average consensus rating for "industrials" companies is Moderate Buy. Learn more on how WCN compares to other companies.

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This page (TSE:WCN) was last updated on 2/22/2025 by MarketBeat.com Staff

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Waste Connections (WCN) Stock Forecast & Price Target