Should I buy or sell Waste Connections stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waste Connections in the last twelve months. There are currently 3 hold ratings and 2 buy 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. View WCN analyst ratings or view top-rated stocks .

What is Waste Connections' stock price target for 2024?

5 equities research analysts have issued 12-month price targets for Waste Connections' shares. Their WCN share price targets range from C$146.50 to C$235.00. On average, they predict the company's share price to reach C$192.10 in the next year. This suggests that the stock has a possible downside of 15.1%. View analysts price targets for WCN or view top-rated stocks among Wall Street analysts .

How have WCN shares performed in 2024?

Waste Connections' stock was trading at C$197.86 at the beginning of the year. Since then, WCN shares have increased by 14.4% and is now trading at C$226.37. View the best growth stocks for 2024 here .

When is Waste Connections' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our WCN earnings forecast .

How were Waste Connections' earnings last quarter?

Waste Connections, Inc. (TSE:WCN) announced its quarterly earnings data on Tuesday, February, 13th. The company reported $1.51 EPS for the quarter, beating the consensus estimate of $1.47 by $0.04. The firm had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.76 billion. Waste Connections had a net margin of 9.51% and a trailing twelve-month return on equity of 10.30%.

How often does Waste Connections pay dividends? What is the dividend yield for Waste Connections?

Waste Connections announced a quarterly dividend on Tuesday, February 13th. Stockholders of record on Wednesday, February 28th will be paid a dividend of 0.383 per share on Wednesday, March 13th. This represents a $1.53 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date of this dividend is Tuesday, February 27th. Read our dividend analysis for WCN .

Is Waste Connections a good dividend stock?

Waste Connections (TSE:WCN) pays an annual dividend of C$1.54 per share and currently has a dividend yield of 0.67%. The dividend payout ratio is 38.21%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for WCN .

What other stocks do shareholders of Waste Connections own?

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

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 .

TSE:WCN

Waste Connections (WCN) Stock Price, News & Analysis

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C$226.37

-0.45 (-0.20%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$225.46
▼
C$227.72
50-Day Range: C$207.64
▼
C$233.46
52-Week Range: C$174.74
▼
C$234.79

Volume: 139,667 shs
Average Volume: 240,066 shs
Market Capitalization: C$58.41 billion

P/E Ratio: 56.17
Dividend Yield: 0.68%
Price Target: C$192.10

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Waste Connections alerts:

Waste Connections MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 15.1% Downside
C$192.10 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
C$3.04 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.

0.44 out of 5 stars

1.2

Analyst's Opinion

Consensus Rating
Waste Connections has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Waste Connections has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for WCN.

0.8

Dividend Strength

Dividend Yield
Waste Connections has a dividend yield of 0.67%, 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 38.21%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WCN.

1.2

News and Social Media Coverage

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 0.38 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Waste Connections this week, compared to 1 article on an average week.
Search Interest
2 people have searched for WCN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Waste Connections to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

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$3,043,157.00 in company stock.
Percentage Held by Insiders
Only 0.28% of the stock of Waste Connections is held by insiders.
Percentage Held by Institutions
89.59% of the stock of Waste Connections is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Waste Connections is 56.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Waste Connections is 56.17, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 399.88.
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 7.58. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

WCN Stock News Headlines

April 17, 2024 | americanbankingnews.com

Waste Connections (WCN) Scheduled to Post Earnings on Wednesday

April 1, 2024 | msn.com

Got $1,000? Here Are My 3 Top Stocks to Buy Right Now

April 18, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

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April 1, 2024 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: Cintas (CTAS) and Waste Connections (WCN)

March 27, 2024 | finance.yahoo.com

WASTE CONNECTIONS ANNOUNCES DATES FOR FIRST QUARTER 2024 EARNINGS RELEASE AND UPCOMING MANAGEMENT PRESENTATIONS

March 23, 2024 | nasdaq.com

Guru Fundamental Report for WCN

March 18, 2024 | msn.com

New Investors: A Top Stock to Start a TFSA

March 18, 2024 | msn.com

Better Defensive Stock: Fortis or Waste Connections?

April 18, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

March 17, 2024 | msn.com

Iron Ore Prices Down After China Demand Decreases

March 15, 2024 | finance.yahoo.com

WCN Apr 2024 200.000 call

March 12, 2024 | fool.ca

3 Canadian Stocks Tailor-Made for Beginning Investors in 2024

March 12, 2024 | msn.com

Waste Connections, Inc. (NYSE:WCN) Stock Given ‘Moderate Buy’ Recommendation

March 2, 2024 | wsj.com

Waste Connections Inc.

February 22, 2024 | finance.yahoo.com

Waste Connections Inc Senior Vice President and CIO Eric Hansen Sells 3,523 Shares

February 20, 2024 | finance.yahoo.com

WASTE CONNECTIONS APPOINTS CARL D. SPARKS TO ITS BOARD OF DIRECTORS

February 17, 2024 | finance.yahoo.com

WCN Mar 2024 120.000 put

February 15, 2024 | finance.yahoo.com

WASTE CONNECTIONS ANNOUNCES PRICING OF $750 MILLION OF SENIOR NOTES

February 15, 2024 | finance.yahoo.com

Waste Connections Full Year 2023 Earnings: EPS Misses Expectations

February 14, 2024 | msn.com

Waste Connections touches record high on quarterly results

February 13, 2024 | finance.yahoo.com

Waste Connections (WCN) Q4 Earnings and Revenues Top Estimates

February 12, 2024 | msn.com

Waste Connections Q4 2023 Earnings Preview

February 8, 2024 | finance.yahoo.com

What Analyst Projections for Key Metrics Reveal About Waste Connections (WCN) Q4 Earnings

February 6, 2024 | finance.yahoo.com

Waste Connections (WCN) Reports Next Week: Wall Street Expects Earnings Growth

February 5, 2024 | markets.businessinsider.com

The AZEK Company A earnings: here's what to expect

January 31, 2024 | realmoney.thestreet.com

Waste Connections Seems to Be Connecting With Investors

January 29, 2024 | finance.yahoo.com

Waste Connections (WCN) Upgraded to Buy: Here's What You Should Know

See More Headlines

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Company Calendar

Last Earnings: 2/13/2024
Ex-Dividend for 3/13 Dividend: 2/27/2024
Dividend Payable: 3/13/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/24/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Industrials
Industry: Waste Management
Sub-Industry: N/A
Current Symbol: TSE:WCN
Previous Symbol: TSE:BIN
CUSIP: N/A
CIK: N/A
Web: www.wasteconnections.com
Phone: +1-905-5327510
Fax: N/A
Employees: 22,539
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$192.10
High Stock Price Target: C$235.00
Low Stock Price Target: C$146.50
Potential Upside/Downside: -15.1%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$4.03
Trailing P/E Ratio: 56.17
Forward P/E Ratio: 25.33
P/E Growth: 2.22
Net Income: C$762.80 million
Net Margins: 9.51%
Pretax Margin: N/A
Return on Equity: 10.30%
Return on Assets: 4.79%

Debt

Debt-to-Equity Ratio: 91.42
Current Ratio: 0.68
Quick Ratio: 0.74

Sales & Book Value

Annual Sales: C$8.02 billion
Price / Sales: 7.28
Cash Flow: C$0.98 per share
Price / Cash Flow: 230.05
Book Value: C$29.86 per share
Price / Book: 7.58

Miscellaneous

Outstanding Shares: 258,020,000
Free Float: N/A
Market Cap: C$58.41 billion
Optionable: Not Optionable
Beta: 0.66

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Key Executives

Mr. Ronald J. Mittelstaedt (Age 61)
Founder, CEO, President & Director
Comp: $1.02M
Ms. Mary Anne Whitney (Age 60)
Executive VP & CFO
Comp: $1.61M
Mr. Darrell W. Chambliss (Age 60)
COO & Executive VP
Comp: $1.63M
Mr. Patrick J. Shea (Age 53)
Executive VP, General Counsel & Secretary
Comp: $1.41M
Mr. James M. Little (Age 62)
Executive Vice President of Engineering & Disposal
Comp: $1.33M
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

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

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. provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada.
The company has a strong track record of growth and profitability.
Recent developments show an increase in market share and expansion into new markets.
Waste Connections, Inc. offers leasing services to its customers, providing additional revenue streams.
The current stock price of Waste Connections, Inc. is favorable for potential investors.

Cons

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

White Cliff Minerals Limited engages in the exploration of mineral properties in Australia, not directly related to waste management.
While Waste Connections, Inc. has a strong presence in the waste management industry, there may be regulatory challenges in the future.
Competition in the waste management sector could impact the company's market share and profitability.
Investors should consider the potential impact of economic downturns on Waste Connections, Inc.'s business operations.
White Cliff Minerals Limited, a different company, was mentioned in the query results, potentially causing confusion for investors.

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 Saturday, April 6, 2024. Please send any questions or comments about these Waste Connections pros and cons to contact@marketbeat.com.

WCN Stock Analysis - Frequently Asked Questions

Should I buy or sell Waste Connections stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waste Connections in the last twelve months. There are currently 3 hold ratings and 2 buy 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.
View WCN analyst ratings or view top-rated stocks.
What is Waste Connections' stock price target for 2024?: 5 equities research analysts have issued 12-month price targets for Waste Connections' shares. Their WCN share price targets range from C$146.50 to C$235.00. On average, they predict the company's share price to reach C$192.10 in the next year. This suggests that the stock has a possible downside of 15.1%.
View analysts price targets for WCN or view top-rated stocks among Wall Street analysts.
How have WCN shares performed in 2024?: Waste Connections' stock was trading at C$197.86 at the beginning of the year. Since then, WCN shares have increased by 14.4% and is now trading at C$226.37.
View the best growth stocks for 2024 here.
When is Waste Connections' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our WCN earnings forecast.
How were Waste Connections' earnings last quarter?: Waste Connections, Inc. (TSE:WCN) announced its quarterly earnings data on Tuesday, February, 13th. The company reported $1.51 EPS for the quarter, beating the consensus estimate of $1.47 by $0.04. The firm had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.76 billion. Waste Connections had a net margin of 9.51% and a trailing twelve-month return on equity of 10.30%.

How often does Waste Connections pay dividends? What is the dividend yield for Waste Connections?: Waste Connections announced a quarterly dividend on Tuesday, February 13th. Stockholders of record on Wednesday, February 28th will be paid a dividend of 0.383 per share on Wednesday, March 13th. This represents a $1.53 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date of this dividend is Tuesday, February 27th.
Read our dividend analysis for WCN.
Is Waste Connections a good dividend stock?: Waste Connections (TSE:WCN) pays an annual dividend of C$1.54 per share and currently has a dividend yield of 0.67%. The dividend payout ratio is 38.21%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for WCN.
What other stocks do shareholders of Waste Connections own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Waste Connections investors own include Bank of Nova Scotia (BNS), Enbridge (ENB), Suncor Energy (SU), Canadian Pacific Kansas City (CP), Fortis (FTS), BCE (BCE), TELUS (T), Toronto-Dominion Bank (TD), Xilinx (XLNX) and CCL Industries (CCL.B).
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.

This page (TSE:WCN) was last updated on 4/18/2024 by MarketBeat.com Staff

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Waste Connections (WCN) Stock Price, News & Analysis

Waste Connections MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Waste Connections Stock (TSE:WCN)

WCN Stock Price History

WCN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

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

Pros

Cons

WCN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™