Waste Connections, Inc. (TSE:WCN) Receives C$265.00 Average PT from Analysts

Shares of Waste Connections, Inc. (TSE:WCN) have received an average rating of “Buy” from the six analysts that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$265.00.

Several equities research analysts have issued reports on WCN shares. National Bank Financial upgraded Waste Connections to a “strong-buy” rating in a report on Monday, May 26th. Melius Research upgraded Waste Connections to a “strong-buy” rating in a report on Monday, June 9th. William Blair raised Waste Connections to a “strong-buy” rating in a research report on Thursday, April 3rd. Finally, Seaport Res Ptn raised Waste Connections to a “strong-buy” rating in a research report on Tuesday, May 6th.

Waste Connections Stock Up 0.8%

Shares of Waste Connections stock opened at C$256.12 on Wednesday. Waste Connections has a 1 year low of C$234.96 and a 1 year high of C$284.73. The business has a 50-day moving average of C$267.89 and a two-hundred day moving average of C$264.99. The company has a market capitalization of C$46.56 billion, a P/E ratio of 49.50, a price-to-earnings-growth ratio of 2.22 and a beta of 0.72. The company has a debt-to-equity ratio of 102.69, a current ratio of 0.77 and a quick ratio of 0.74.

Insider Transactions at Waste Connections

In related news, Senior Officer Robert Andres Nielsen sold 473 shares of the company’s stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of C$269.79, for a total transaction of C$127,610.67. 0.21% of the stock is owned by insiders.

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.