Waste Connections, Inc. (TSE:WCN) Receives Consensus Rating of “Strong Buy” from Analysts

Waste Connections, Inc. (TSE:WCNGet Free Report) has earned a consensus rating of “Strong Buy” from the seven analysts that are covering the firm, MarketBeat Ratings reports. Seven research analysts have rated the stock with a strong buy recommendation.

Separately, UBS Group raised shares of Waste Connections from a “hold” rating to a “strong-buy” rating in a research note on Friday.

Check Out Our Latest Stock Report on Waste Connections

Insider Activity at Waste Connections

In other Waste Connections news, insider Robert Andres Nielsen sold 300 shares of Waste Connections stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of C$242.93, for a total value of C$72,879.00. Following the transaction, the insider owned 3,950 shares in the company, valued at C$959,573.50. The trade was a 7.06% decrease in their ownership of the stock. Insiders own 0.21% of the company’s stock.

Waste Connections Trading Up 0.2%

WCN opened at C$217.45 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.66 and a debt-to-equity ratio of 121.68. The stock’s fifty day moving average is C$231.61 and its two-hundred day moving average is C$225.84. The company has a market capitalization of C$54.70 billion, a P/E ratio of 52.52, a PEG ratio of 2.22 and a beta of 0.42. Waste Connections has a 52 week low of C$203.46 and a 52 week high of C$251.45.

About Waste Connections

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for Waste Connections (TSE:WCN)

Receive News & Ratings for Waste Connections Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Waste Connections and related companies with MarketBeat.com's FREE daily email newsletter.