Atb Cap Markets Has Bearish Forecast for TSE:WCN Q3 Earnings

Key Points

• Research analysts at Atb Cap Markets have revised their Q3 2025 earnings per share estimate for Waste Connections to $1.84, down from $2.03, while maintaining a "Strong-Buy" rating on the stock.
• Waste Connections currently has a consensus rating of "Buy" and an average target price of C$265.00, with seven analysts rating it as a strong buy.
• The company's stock has experienced minor fluctuations and opened at C$256.30, with a market capitalization of C$46.59 billion.

Waste Connections, Inc. (TSE:WCN - Free Report) - Analysts at Atb Cap Markets lowered their Q3 2025 earnings per share estimates for Waste Connections in a note issued to investors on Thursday, July 24th. Atb Cap Markets analyst C. Murray now forecasts that the company will post earnings per share of $1.84 for the quarter, down from their previous forecast of $2.03. Atb Cap Markets currently has a "Strong-Buy" rating on the stock. The consensus estimate for Waste Connections' current full-year earnings is $9.98 per share. Atb Cap Markets also issued estimates for Waste Connections' Q4 2025 earnings at $1.71 EPS, FY2025 earnings at $6.86 EPS, Q1 2026 earnings at $1.73 EPS, Q3 2026 earnings at $2.12 EPS, Q4 2026 earnings at $1.93 EPS and FY2026 earnings at $7.75 EPS.

A number of other equities research analysts also recently commented on WCN. Seaport Res Ptn raised Waste Connections to a "strong-buy" rating in a report on Tuesday, May 6th. William Blair upgraded Waste Connections to a "strong-buy" rating in a research report on Thursday, April 3rd. Melius Research upgraded Waste Connections to a "strong-buy" rating in a research report on Monday, June 9th. Finally, National Bank Financial upgraded Waste Connections to a "strong-buy" rating in a research report on Monday, May 26th. Two research analysts have rated the stock with a hold rating and five have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of C$265.00.

Waste Connections Stock Performance

Shares of TSE WCN traded up C$8.67 during mid-day trading on Monday, hitting C$264.24. 507,118 shares of the company were exchanged, compared to its average volume of 308,635. Waste Connections has a 1-year low of C$237.56 and a 1-year high of C$284.73. The company has a quick ratio of 0.74, a current ratio of 0.77 and a debt-to-equity ratio of 102.69. The stock has a 50 day simple moving average of C$257.38 and a 200-day simple moving average of C$264.64. The firm has a market cap of C$48.03 billion, a price-to-earnings ratio of 51.07, a price-to-earnings-growth ratio of 2.22 and a beta of 0.72.

Insider Activity at Waste Connections

In other news, Senior Officer Robert Andres Nielsen sold 473 shares of the company's stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of C$269.79, for a total transaction of C$127,610.67. 0.21% of the stock is currently owned by corporate insiders.

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.