Waste Connections Inc (NYSE:WCN)’s traded shares stood at 0.86 million during the last session, with the company’s beta value hitting 0.62. At the close of trading, the stock’s price was $196.84, to imply an increase of 0.99% or $1.93 in intraday trading. The WCN share’s 52-week high remains $201.66, putting it -2.45% down since that peak but still an impressive 18.54% since price per share fell to its 52-week low of $160.34.
Analysts have given a consensus recommendation of Buy for Waste Connections Inc (WCN), translating to a mean rating of 1.83. Of 7 analyst(s) looking at the stock, 0 analyst(s) give WCN a Sell rating. 1 of those analysts rate the stock as Overweight while 2 advise Hold as 4 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 1.26.
Waste Connections Inc (NYSE:WCN) trade information
After registering a 0.99% upside in the last session, Waste Connections Inc (WCN) has traded red over the past five days. The 5-day price performance for the stock is 2.56%, and 0.06% over 30 days. With these gigs, the year-to-date price performance is 14.72%.
The extremes give us $195 and $221 for target low and target high price respectively. As such, WCN has been trading -12.27% off suggested target high and 0.93% from its likely low.
Waste Connections Inc (WCN) estimates and forecasts
The rating firms project that company’s revenue will grow 6.84% compared to the previous financial year.
Revenue forecast for the current quarter as set by 18 analysts is 2.4B. Meanwhile, for the current quarter, a total of 18 analyst(s) estimate revenue growth to 2.49B.Earnings reports from the last fiscal year show that sales brought in 2.25B and 2.34B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 6.54% before jumping 6.50% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 2.13% for the past 5-year period. While 2025 is set for a 8.58% return in earnings, projections for the next 5 years are at 11.63% annually.
WCN Dividends
Waste Connections Inc has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Waste Connections Inc has a forward dividend ratio of 1.23, with the share yield ticking at 0.62% to continue the rising pattern observed over the past year.
The next major institution holding the largest number of shares is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with 12.4 million shares, or about 4.806% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $2.17 billion.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund as the top two Mutual Funds with the largest holdings of the Waste Connections Inc (WCN) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 8.07 shares. This is just over 3.12% of the total shares, with a market valuation of $1.59 billion. Data from the same date shows that the other fund manager holds a little less at 5.55, or 2.15% of the shares, all valued at about 1.09 billion.
