Waste Connections Stock Analysis

WCN Stock  USD 189.32  0.54  0.28%   
Waste Connections is undervalued with Real Value of 208.24 and Target Price of 198.05. The main objective of Waste Connections stock analysis is to determine its intrinsic value, which is an estimate of what Waste Connections is worth, separate from its market price. There are two main types of Waste Connections' stock analysis: fundamental analysis and technical analysis.
The Waste Connections stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Waste Connections is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Waste Stock trading window is adjusted to America/New York timezone.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Connections. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.

Waste Stock Analysis Notes

About 90.0% of the company outstanding shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.34. Waste Connections last dividend was issued on the 27th of February 2025. The entity had 3:2 split on the 19th of June 2017. Waste Connections, Inc. provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada. Waste Connections operates under Waste Management classification in the United States and is traded on New York Stock Exchange. It employs 19998 people. For more information please call Worthing Jackman at 905 532 7510 or visit https://www.wasteconnections.com.

Waste Connections Quarterly Total Revenue

2.26 Billion

Waste Connections Investment Alerts

Waste Connections has 8.39 B in debt with debt to equity (D/E) ratio of 0.85, which is OK given its current industry classification. Waste Connections has a current ratio of 0.92, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Waste to invest in growth at high rates of return.
Over 90.0% of Waste Connections outstanding shares are owned by institutional investors
On 13th of March 2025 Waste Connections paid $ 0.315 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Disposition of 445 shares by Mary Whitney of Waste Connections at 189.04 subject to Rule 16b-3

Waste Connections Upcoming and Recent Events

Earnings reports are used by Waste Connections to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
13th of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
13th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Waste Largest EPS Surprises

Earnings surprises can significantly impact Waste Connections' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2000-04-27
2000-03-310.10.110.0110 
2000-02-22
1999-12-310.10.110.0110 
1999-07-28
1999-06-300.080.090.0112 
View All Earnings Estimates

Waste Connections Environmental, Social, and Governance (ESG) Scores

Waste Connections' ESG score is a quantitative measure that evaluates Waste Connections' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Waste Connections' operations that may have significant financial implications and affect Waste Connections' stock price as well as guide investors towards more socially responsible investments.

Waste Stock Institutional Investors

Shares
Pictet Asset Manangement Sa2024-12-31
5.4 M
Fmr Inc2024-12-31
4.7 M
Norges Bank2024-12-31
M
Wellington Management Company Llp2024-12-31
M
1832 Asset Management L.p2024-12-31
3.8 M
Td Asset Management Inc2024-12-31
3.7 M
Alphinity Investment Management Pty Ltd2024-12-31
3.3 M
Jpmorgan Chase & Co2024-12-31
3.2 M
Manufacturers Life Insurance Co2024-12-31
2.6 M
Vanguard Group Inc2024-12-31
29.3 M
Royal Bank Of Canada2024-12-31
10.7 M
Note, although Waste Connections' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Waste Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 49 B.

Waste Profitablity

The company has Net Profit Margin of 0.07 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of (0.03) %, which entails that for every $100 of revenue, it lost $0.03.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.06  0.04 
Return On Capital Employed 0.06  0.09 
Return On Assets 0.03  0.02 
Return On Equity 0.08  0.04 

Management Efficiency

Waste Connections has Return on Asset of 0.0406 % which means that on every $100 spent on assets, it made $0.0406 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0793 %, implying that it generated $0.0793 on every 100 dollars invested. Waste Connections' management efficiency ratios could be used to measure how well Waste Connections manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of March 2025, Return On Capital Employed is likely to grow to 0.09, while Return On Tangible Assets are likely to drop 0.04. At this time, Waste Connections' Fixed Asset Turnover is very stable compared to the past year.
Last ReportedProjected for Next Year
Book Value Per Share 30.47  31.99 
Tangible Book Value Per Share(8.07)(7.67)
Enterprise Value Over EBITDA 22.01  12.39 
Price Book Value Ratio 5.63  5.91 
Enterprise Value Multiple 22.01  12.39 
Price Fair Value 5.63  5.91 
Enterprise Value52.6 B55.2 B
Waste Connections showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Dividend Yield
0.0067
Operating Margin
(0.03)
Profit Margin
0.0692
Forward Dividend Yield
0.0067
Beta
0.804

Technical Drivers

As of the 22nd of March, Waste Connections maintains the Market Risk Adjusted Performance of 0.1692, mean deviation of 0.7679, and Downside Deviation of 0.9092. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Waste Connections, as well as the relationship between them.

Waste Connections Price Movement Analysis

Execute Study
The output start index for this execution was fourty-nine with a total number of output elements of twelve. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Waste Connections middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Waste Connections. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Waste Connections Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Waste Connections insiders, such as employees or executives, is commonly permitted as long as it does not rely on Waste Connections' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Waste Connections insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Waste Connections Outstanding Bonds

Waste Connections issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Waste Connections uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Waste bonds can be classified according to their maturity, which is the date when Waste Connections has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Waste Connections Predictive Daily Indicators

Waste Connections intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Waste Connections stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Waste Connections Corporate Filings

F4
12th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
5th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
4th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
28th of February 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
27th of February 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
26th of February 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
25th of February 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
21st of February 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Waste Connections Forecast Models

Waste Connections' time-series forecasting models are one of many Waste Connections' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Waste Connections' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Waste Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Waste Connections prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Waste shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Waste Connections. By using and applying Waste Stock analysis, traders can create a robust methodology for identifying Waste entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.09  0.08 
Operating Profit Margin 0.12  0.20 
Net Profit Margin 0.07  0.05 
Gross Profit Margin 0.42  0.34 

Current Waste Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Waste analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Waste analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
198.05Buy23Odds
Waste Connections current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Waste analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Waste stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Waste Connections, talking to its executives and customers, or listening to Waste conference calls.
Waste Analyst Advice Details

Waste Stock Analysis Indicators

Waste Connections stock analysis indicators help investors evaluate how Waste Connections stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Waste Connections shares will generate the highest return on investment. By understating and applying Waste Connections stock analysis, traders can identify Waste Connections position entry and exit signals to maximize returns.
Begin Period Cash Flow184 M
Long Term Debt8.1 B
Common Stock Shares Outstanding258.8 M
Total Stockholder Equity7.9 B
Tax Provision146.4 M
Quarterly Earnings Growth Y O Y0.339
Property Plant And Equipment Net8.3 B
Cash And Short Term Investments62.4 M
Cash62.4 M
Accounts Payable637.4 M
Net Debt8.3 B
50 Day M A185.237
Total Current Liabilities1.9 B
Other Operating Expenses7.9 B
Non Current Assets Total18.6 B
Forward Price Earnings24.8756
Non Currrent Assets Other304.7 M
Stock Based Compensation77.9 M
When determining whether Waste Connections offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Waste Connections' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Waste Connections Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Waste Connections Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Connections. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waste Connections. If investors know Waste will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waste Connections listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.339
Dividend Share
1.17
Earnings Share
2.39
Revenue Per Share
34.577
Quarterly Revenue Growth
0.11
The market value of Waste Connections is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Connections' value that differs from its market value or its book value, called intrinsic value, which is Waste Connections' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waste Connections' market value can be influenced by many factors that don't directly affect Waste Connections' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Waste Connections' value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Connections is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Connections' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.