JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Waste Connections (NYSE:WCN) Stock

Waste Connections (NYSE:WCN) had its target price boosted by stock analysts at JPMorgan Chase & Co. from $195.00 to $210.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the business services provider’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 26.66% from the company’s current price.

A number of other analysts have also commented on WCN. UBS Group set a $205.00 price objective on Waste Connections in a report on Monday, January 5th. BNP Paribas Exane started coverage on Waste Connections in a report on Tuesday, January 6th. They set an “outperform” rating for the company. Stifel Nicolaus set a $213.00 price objective on Waste Connections and gave the stock a “buy” rating in a report on Friday, February 13th. Sanford C. Bernstein reissued an “outperform” rating and set a $205.00 price objective (up from $200.00) on shares of Waste Connections in a report on Monday, January 5th. Finally, Morgan Stanley set a $205.00 price objective on Waste Connections and gave the stock an “overweight” rating in a report on Friday, February 13th. Four analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $203.15.

Waste Connections Stock Down 1.8%

WCN stock opened at $165.80 on Friday. The stock’s 50 day simple moving average is $164.15 and its 200 day simple moving average is $168.80. Waste Connections has a fifty-two week low of $154.90 and a fifty-two week high of $199.00. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.62 and a current ratio of 0.69. The company has a market cap of $42.32 billion, a P/E ratio of 40.44, a price-to-earnings-growth ratio of 2.99 and a beta of 0.61.

Waste Connections (NYSE:WCN) last issued its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.04. The firm had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.50 billion. Waste Connections had a return on equity of 16.49% and a net margin of 10.97%.The company’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.13 EPS. On average, research analysts expect that Waste Connections will post 5.48 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Waste Connections

Institutional investors have recently modified their holdings of the business. City Holding Co. bought a new position in shares of Waste Connections in the fourth quarter valued at approximately $26,000. Measured Wealth Private Client Group LLC bought a new position in shares of Waste Connections in the third quarter valued at approximately $26,000. KERR FINANCIAL PLANNING Corp bought a new position in shares of Waste Connections in the third quarter valued at approximately $30,000. Transamerica Financial Advisors LLC grew its holdings in shares of Waste Connections by 346.2% in the fourth quarter. Transamerica Financial Advisors LLC now owns 174 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 135 shares in the last quarter. Finally, Greykasell Wealth Strategies Inc. grew its holdings in shares of Waste Connections by 555.2% in the third quarter. Greykasell Wealth Strategies Inc. now owns 190 shares of the business services provider’s stock valued at $33,000 after acquiring an additional 161 shares in the last quarter. 86.09% of the stock is owned by institutional investors.

Trending Headlines about Waste Connections

Here are the key news stories impacting Waste Connections this week:

• Positive Sentiment: JPMorgan raised its price target on WCN to $210 and moved to an “overweight” rating, implying substantial upside vs. current levels. Article Title
• Positive Sentiment: Management expects roughly $100M of M&A revenue to close by end of Q2 or early Q3 and reaffirmed 2026 free cash flow guidance of $1.4B–$1.45B — supports the company’s cash-generation story and buyout/investment optionality. Article Title
• Positive Sentiment: Q1 earnings: WCN reported EPS of $1.23, beating consensus (~$1.19), reinforcing underlying profitability per-share despite cost/mix headwinds. Article Title
• Neutral Sentiment: The company declared a quarterly dividend of $0.35 per share (record May 6, payable May 21); yield is modest (~0.8%) and unlikely to materially change investor stance. (Company announcement)
• Neutral Sentiment: Earnings-call and deep-dive coverage highlight pricing actions, AI initiatives and special-waste campaign results — strategic positives but with timing/scale uncertainty. Article Title Earnings Transcript
• Negative Sentiment: Net profit fell to US$219.3M in Q1 from US$241.5M a year ago and management discussed margin pressure — investors may be worried about near-term margin compression and revenue mix. Article Title

Waste Connections Company Profile

Waste Connections (NYSE: WCN) is a North American integrated waste services company that provides a range of solid waste and environmental services to municipal, commercial, industrial and residential customers. The company offers collection, transportation, transfer, disposal and recycling services, and operates an extensive network of transfer stations and disposal facilities. Waste Connections positions itself as a provider of infrastructure-driven waste solutions across many regions of the United States and Canada.

The company’s operating activities include routine curbside and commercial collection, roll-off and container services, operation of landfills and transfer stations, and recycling and resource recovery programs.