Robert Andres Nielsen Sells 500 Shares of Waste Connections (TSE:WCN) Stock

Waste Connections, Inc. (TSE:WCNGet Free Report) insider Robert Andres Nielsen sold 500 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of C$213.96, for a total value of C$106,980.00. Following the completion of the transaction, the insider owned 4,250 shares of the company’s stock, valued at C$909,330. This trade represents a 10.53% decrease in their ownership of the stock.

Robert Andres Nielsen also recently made the following trade(s):

  • On Wednesday, May 13th, Robert Andres Nielsen sold 290 shares of Waste Connections stock. The shares were sold at an average price of C$207.69, for a total value of C$60,230.10.
  • On Tuesday, May 12th, Robert Andres Nielsen sold 337 shares of Waste Connections stock. The shares were sold at an average price of C$210.44, for a total value of C$70,918.28.

Waste Connections Trading Down 0.4%

Shares of WCN opened at C$215.72 on Thursday. The stock has a fifty day moving average of C$220.86 and a two-hundred day moving average of C$230.12. The company has a debt-to-equity ratio of 117.10, a quick ratio of 0.74 and a current ratio of 0.69. The company has a market capitalization of C$54.81 billion, a PE ratio of 52.61, a price-to-earnings-growth ratio of 2.22 and a beta of 0.50. Waste Connections, Inc. has a fifty-two week low of C$204.23 and a fifty-two week high of C$273.55.

Waste Connections (TSE:WCNGet Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported C$1.71 earnings per share for the quarter. Waste Connections had a return on equity of 12.83% and a net margin of 10.98%.The company had revenue of C$3.30 billion during the quarter. As a group, analysts forecast that Waste Connections, Inc. will post 9.9808652 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Wolfe Research raised shares of Waste Connections to a “strong-buy” rating in a research note on Friday, March 13th. Nine analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Strong Buy”.

Read Our Latest Report on WCN

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.

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