Waste Connections, Inc. (TSE:WCN) Receives Consensus Rating of “Strong Buy” from Analysts

Shares of Waste Connections, Inc. (TSE:WCN) have been given an average rating of “Strong Buy” by the seven brokerages that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and six have given a strong buy rating to the company.

A number of equities analysts have commented on WCN shares. Scotiabank upgraded Waste Connections from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Atb Cap Markets upgraded Waste Connections from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 24th. Finally, Barclays raised Waste Connections to a “hold” rating in a research note on Friday, September 19th.

Waste Connections Stock Performance

Shares of TSE:WCN opened at C$232.61 on Friday. Waste Connections has a 12-month low of C$229.10 and a 12-month high of C$284.73. The company’s 50 day moving average price is C$241.72 and its two-hundred day moving average price is C$253.18. The firm has a market cap of C$59.55 billion, a PE ratio of 96.92, a PEG ratio of 2.22 and a beta of 0.45. The company has a quick ratio of 0.74, a current ratio of 0.77 and a debt-to-equity ratio of 102.69.

About Waste Connections

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.