Melius Research upgraded shares of Waste Connections (TSE:WCN - Free Report) to a strong-buy rating in a report released on Monday,Zacks.com reports.
A number of other equities research analysts also recently weighed in on WCN. William Blair upgraded shares of Waste Connections to a "strong-buy" rating in a research report on Thursday, April 3rd. National Bank Financial upgraded Waste Connections to a "strong-buy" rating in a report on Monday, May 26th. Finally, Seaport Res Ptn upgraded shares of Waste Connections to a "strong-buy" rating in a report on Tuesday, May 6th. Two investment analysts have rated the stock with a hold rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Waste Connections presently has an average rating of "Buy" and a consensus target price of C$265.00.
Read Our Latest Stock Report on WCN
Waste Connections Stock Performance
Shares of TSE WCN traded up C$1.83 during trading hours on Monday, hitting C$260.59. 186,290 shares of the company's stock were exchanged, compared to its average volume of 295,018. The company's 50-day moving average price is C$268.40 and its 200-day moving average price is C$265.33. Waste Connections has a 1-year low of C$227.28 and a 1-year high of C$284.73. The company has a debt-to-equity ratio of 102.69, a current ratio of 0.77 and a quick ratio of 0.74. The stock has a market capitalization of C$47.37 billion, a price-to-earnings ratio of 50.37, a PEG ratio of 2.22 and a beta of 0.72.
Insider Transactions at Waste Connections
In other news, Senior Officer Robert Andres Nielsen sold 473 shares of the company's stock in a transaction on Friday, May 23rd. The stock was sold at an average price of C$269.79, for a total transaction of C$127,610.67. Corporate insiders own 0.21% of the company's stock.
About Waste Connections
(
Get Free Report)
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.
Read More
Before you consider Waste Connections, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Waste Connections wasn't on the list.
While Waste Connections currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
