Research Analysts Set Expectations for TSE:WCN Q3 Earnings

Key Points

• William Blair downgraded Waste Connections' Q3 2026 earnings per share (EPS) estimate from $2.15 to $2.14, while the consensus estimate for the current full-year earnings is $9.98 per share.
• Powerful upgrades from multiple analysts have resulted in Waste Connections receiving six "Strong Buy" ratings and one "Hold" rating, alongside an average target price of C$260.00.
• Waste Connections shares are currently trading at C$247.37, with a 12-month range between C$236.00 and C$284.73, and a market cap of C$63.33 billion.

Waste Connections, Inc. (TSE:WCN - Free Report) - William Blair dropped their Q3 2026 earnings per share (EPS) estimates for Waste Connections in a note issued to investors on Thursday, October 23rd. William Blair analyst T. Romeo now forecasts that the company will post earnings per share of $2.14 for the quarter, down from their previous forecast of $2.15. The consensus estimate for Waste Connections' current full-year earnings is $9.98 per share. William Blair also issued estimates for Waste Connections' Q4 2026 earnings at $2.01 EPS, FY2026 earnings at $7.76 EPS and FY2027 earnings at $8.72 EPS.

Other equities analysts also recently issued research reports about the company. Atb Cap Markets upgraded Waste Connections from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 24th. Barclays upgraded Waste Connections to a "hold" rating in a report on Friday, September 19th. Finally, Scotiabank upgraded Waste Connections from a "hold" rating to a "strong-buy" rating in a report on Friday, October 10th. Six analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Waste Connections has an average rating of "Strong Buy" and an average target price of C$260.00.

Waste Connections Trading Down 0.8%

Shares of WCN stock opened at C$247.37 on Friday. Waste Connections has a 12 month low of C$236.00 and a 12 month 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 business's 50 day moving average is C$245.95 and its two-hundred day moving average is C$256.28. The company has a market cap of C$63.33 billion, a PE ratio of 103.07, a price-to-earnings-growth ratio of 2.22 and a beta of 0.39.

Insider Buying and Selling at Waste Connections

In other news, insider Patrick J. Shea sold 5,000 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of C$258.01, for a total value of C$1,290,045.00. Following the completion of the sale, the insider directly owned 20,671 shares of the company's stock, valued at approximately C$5,333,304.04. This represents a 19.48% decrease in their ownership of the stock. Corporate insiders own 0.21% of the company's stock.

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.

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