Waste Connections (TSE:WCN) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Waste Connections (TSE:WCN) to a strong-buy rating in a research note issued to investors on Monday morning,Zacks.com reports.

A number of other equities research analysts also recently issued reports on the stock. Wells Fargo & Company raised shares of Waste Connections to a “strong-buy” rating in a research report on Thursday, November 13th. Sanford C. Bernstein raised Waste Connections to a “strong-buy” rating in a report on Wednesday, November 12th. Scotiabank raised Waste Connections from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Finally, Barclays upgraded Waste Connections to a “hold” rating in a report on Friday, September 19th. Nine equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Waste Connections has a consensus rating of “Strong Buy”.

Waste Connections Trading Down 0.2%

TSE WCN opened at C$248.46 on Monday. The company has a current ratio of 0.77, a quick ratio of 0.74 and a debt-to-equity ratio of 102.69. The business has a fifty day simple moving average of C$240.79 and a 200 day simple moving average of C$250.79. Waste Connections has a 12 month low of C$229.10 and a 12 month high of C$284.73. The firm has a market capitalization of C$63.61 billion, a P/E ratio of 103.53, a PEG ratio of 2.22 and a beta of 0.45.

Waste Connections (TSE:WCN) last posted its quarterly earnings data on Tuesday, October 21st. The company reported C$1.11 earnings per share (EPS) for the quarter. The firm had revenue of C$3.42 billion for the quarter. Waste Connections had a net margin of 10.81% and a return on equity of 11.86%. On average, analysts predict that Waste Connections will post 9.9808652 EPS for the current fiscal year.

Waste Connections Company Profile

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.