Waste Connections (WCN) Stock Forecast & Price Target

C$245.83 -4.64 (-1.85%)

(As of 12:45 PM ET)

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 5 Analyst Ratings

Sell
0

Hold
4

Buy
1

Based on 5 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 5 analysts, 4 have given a hold rating, and 1 has given a buy rating for WCN.

Consensus Price Target

C$237.33
-3.46% Downside

According to the 5 analysts' twelve-month price targets for Waste Connections, the average price target is C$237.33. The highest price target for WCN is C$270.00, while the lowest price target for WCN is C$182.00. The average price target represents a forecasted downside of -3.46% from the current price of C$245.83.

Get the Latest News and Ratings for WCN and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Waste Connections and its competitors.

WCN Analyst Ratings Over Time

Type	Current Forecast 12/24/23 to 12/23/24	1 Month Ago 11/24/23 to 11/23/24	3 Months Ago 9/25/23 to 9/24/24	1 Year Ago 12/24/22 to 12/24/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	5 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$237.33	C$205.10	C$196.10	C$176.92
Forecasted Upside	-3.46% Downside	-22.71% Downside	-18.63% Downside	-9.48% Downside
Consensus Rating	Hold	Hold	Hold	Moderate Buy

Crypto’s hidden gem + greatest crypto bull run in history = $$$? (Ad)

You don’t actually want to buy Bitcoin this time around. That’s because there’s a better way to take advantage of this new bull market… One market expert calls it Crypto’s Hidden Gem And it’s a new way that has given folks like you and me the chance to see bigger and faster moves than the traditional way of buying Bitcoin… That means if you’ve stayed away from Bitcoin and crypto because it's confusing or seems risky… This is a much safer and better approach to ride this years’ crypto bull run. Because believe it or not… The 2024 crypto bull run is one you DON’T want to miss.

Click Here to get the full details about Crypto’s Hidden Gem

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	2.20	2.73
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%
2/17/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Devin Dodge Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	C$153.00	-16.87%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 01:06 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 Wednesday, December 18, 2024. 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.:

The stock is currently trading at C$272.30, reflecting a strong performance with a 52-week high of C$273.51, indicating robust market confidence.
Waste Connections, Inc. has recently increased its quarterly dividend to $0.426 per share, up from $0.39, which signals a commitment to returning value to shareholders and suggests financial health.
The company has a market capitalization of C$70.25 billion, showcasing its significant size and stability in the waste management sector.
Analysts have given Waste Connections, Inc. a consensus rating of "Hold," with two analysts issuing buy recommendations, indicating potential for future growth.
Recent target price upgrades from analysts, such as ATB Capital raising it to C$260.00, suggest positive sentiment and potential for stock appreciation.

Waste Connections
Bear Case

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

The company has a high price-to-earnings (P/E) ratio of 60.05, which may indicate that the stock is overvalued compared to its earnings, potentially leading to a price correction.
With a debt-to-equity ratio of 100.60, Waste Connections, Inc. carries a significant amount of debt relative to its equity, which could pose risks in a rising interest rate environment.
The current ratio of 0.70 suggests that the company may have liquidity issues, as it indicates that current liabilities exceed current assets.
Insider selling activity has been noted, with significant shares sold by executives, which could raise concerns about their confidence in the company's future performance.
The stock has shown volatility, with a beta of 0.72, indicating that it may not be as stable as some investors prefer, especially in uncertain market conditions.

WCN Forecast - Frequently Asked Questions

: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Waste Connections is C$237.33, with a high forecast of C$270.00 and a low forecast of C$182.00.
: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Waste Connections in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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 -3.46% based on their 12-month stock forecasts.
: Over the previous 90 days, Waste Connections's stock had 1 upgrade by analysts.
: Waste Connections has been rated by research analysts at ATB Capital, Eight Capital, and Scotiabank in the past 90 days.
: 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.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

2025 AI Stock Picks: 2 Hidden Gems Under $10/Share (Ad)

The AI sector continues to make waves as we move into 2025, and now is a prime opportunity to get involved—without stretching your budget! We’ve just uncovered 2 promising AI stocks trading for under $10/share, and they’re positioned for impressive growth in the coming months.

👉[Click here to get your FREE report delivered instantly!]

This page (TSE:WCN) was last updated on 12/23/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Waste Connections (WCN) Stock Forecast & Price Target