Waste Connections, Inc. (TSE:WCN – Get Free Report) Director Ronald Mittelstaedt purchased 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were acquired at an average price of C$209.38 per share, for a total transaction of C$10,469,000.00. Following the completion of the acquisition, the director directly owned 301,017 shares of the company’s stock, valued at C$63,026,939.46. This trade represents a 19.92% increase in their position.
Waste Connections Stock Performance
Shares of Waste Connections stock opened at C$215.36 on Friday. The business’s fifty day simple moving average is C$221.86 and its 200 day simple moving average is C$230.70. The firm has a market capitalization of C$54.72 billion, a P/E ratio of 52.53, a price-to-earnings-growth ratio of 2.22 and a beta of 0.50. Waste Connections, Inc. has a 12 month low of C$204.23 and a 12 month high of C$273.56. The company has a current ratio of 0.69, a quick ratio of 0.74 and a debt-to-equity ratio of 117.10.
Waste Connections (TSE:WCN – Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported C$1.71 EPS for the quarter. The business had revenue of C$3.30 billion for the quarter. Waste Connections had a return on equity of 12.83% and a net margin of 10.98%. As a group, analysts anticipate that Waste Connections, Inc. will post 9.9808652 EPS for the current year.
Wall Street Analyst Weigh In
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. 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.
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