A share price of Waste Connections Inc [WCN] is currently trading at $195.19, up 1.22%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WCN shares have gain 2.23% over the last week, with a monthly amount glided 2.86%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Waste Connections Inc [NYSE: WCN] stock has seen the most recent analyst activity on October 04, 2024, when Scotiabank initiated its Sector Perform rating and assigned the stock a price target of $196. UBS downgraded its rating to a Neutral and increased its price target to $181 on February 29, 2024. Wells Fargo initiated its recommendation with a Overweight. Wolfe Research downgraded its rating to Peer Perform for this stock on November 21, 2023. In a note dated October 17, 2023, Wolfe Research initiated an Outperform rating and provided a target price of $152 on this stock.
Waste Connections Inc experienced fluctuations in its stock price throughout the past year between $160.34 and $194.83. Currently, Wall Street analysts expect the stock to reach $195 within the next 12 months. Waste Connections Inc [NYSE: WCN] shares were valued at $195.19 at the most recent close of the market. An investor can expect a potential drop of -0.1% based on the average WCN price forecast.
Analyzing the WCN fundamentals
Trailing Twelve Months sales for Waste Connections Inc [NYSE:WCN] were 8.92B which represents 11.04% growth. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.08 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 193.33 points at the first support level, and at 191.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 196.35, and for the 2nd resistance point, it is at 197.50.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Waste Connections Inc [NYSE:WCN] is 0.65. As well, the Quick Ratio is 0.62, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 5.65, the price to book ratio is 6.41 and price to earnings (TTM) ratio is 81.80.
Transactions by insiders
Recent insider trading involved CHAMBLISS DARRELL W, EVP & COO, that happened on Mar 10 ’25 when 13566.0 shares were sold. Officer, DARRELL CHAMBLISS completed a deal on Mar 10 ’25 to buy 13566.0 shares. Meanwhile, SR VP Operations PIO DOMENIC sold 10000.0 shares on Mar 03 ’25.
