Waste Connections (WCN) Stock Price, News & Analysis

Company Overview

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. Waste Connections entered the Canadian market with its 2016 merger with Progressive Waste. In 2020, 13% of consolidated revenue was generated from the firm's Canadian segment.

Key Stats

• Today's Range: C$218.99 to C$222.28
• 50-Day Range: C$217.07 to C$243.24
• 52-Week Range: C$203.46 to C$251.45
• Volume: 120,057 shs
• Average Volume: 365,818 shs
• Market Capitalization: C$55.49 billion
• P/E Ratio: 53.28
• Dividend Yield: 0.62%
• Price Target: C$200.00
• Consensus Rating: Strong Buy

Waste Connections Stock Analysis - MarketRank™

Waste Connections scored higher than 27% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Strong Buy

Consensus Rating

Waste Connections has received a consensus rating of Strong Buy. The company's average rating score is 3.86, and is based on 6 strong buy ratings, 1 buy rating, no hold ratings, and no sell ratings.

Downside Risk

Waste Connections has a consensus price target of C$200.00, representing about 9.5% downside from its current price of C$220.97.

Amount of Analyst Coverage

Waste Connections has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Waste Connections is 53.37, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.75.

Price to Earnings Ratio vs. Sector

The P/E ratio of Waste Connections is 53.37, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 25.18.

Price to Earnings Growth Ratio

Waste Connections has a PEG Ratio of 2.22. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Waste Connections has a P/B Ratio of 7.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for WCN.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Waste Connections has a dividend yield of 0.87%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Waste Connections does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Waste Connections is 32.97%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 1.18

News Sentiment

Waste Connections has a news sentiment score of 1.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Waste Connections this week, compared to 3 articles on an average week.

Search Interest

8 people have searched for WCN on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Waste Connections insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$72,879.00 in company stock.

Percentage Held by Insiders

0.21% of the stock of Waste Connections is held by insiders.

Percentage Held by Institutions

57.05% of the stock of Waste Connections is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 10/23/2024
• Today: 9/30/2026

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Commercial Services & Supplies
• Sub-Industry: Environmental & Facilities Services
• Current Symbol: TSE:WCN
• Previous Symbol: TSE:BIN
• CIK: N/A
• Web: www.wasteconnections.com
• Phone: +1-905-5327510
• Fax: N/A
• Employees: 24,214
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Waste Connections: C$200.00
• High Price Target: C$200.00
• Low Price Target: C$200.00
• Potential Upside/Downside: -9.3%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.86
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): C$4.14
• Trailing P/E Ratio: 53.28
• Forward P/E Ratio: 22.10
• P/E Growth: 2.22
• Net Income: C$662.45 million
• Net Margins: 10.86%
• Pretax Margin: N/A
• Return on Equity: 13.03%
• Return on Assets: 5.00%

Debt

• Debt-to-Equity Ratio: 121.68
• Current Ratio: 0.66
• Quick Ratio: 0.74

Sales & Book Value

• Annual Sales: C$9.76 billion
• Price / Sales: 5.68
• Cash Flow: C$0.96 per share
• Price / Cash Flow: 230.05
• Book Value: C$31.20 per share
• Price / Book: 7.07

Miscellaneous

• Outstanding Shares: 251,569,000
• Free Float: N/A
• Market Cap: C$55.49 billion
• Optionable: Not Optionable
• Beta: 0.42