Waste Connections, Inc. (NYSE:WCN – Free Report) – Analysts at William Blair issued their FY2025 earnings per share (EPS) estimates for shares of Waste Connections in a research note issued to investors on Thursday, April 3rd. William Blair analyst T. Romeo expects that the business services provider will post earnings per share of $5.23 for the year. William Blair has a “Outperform” rating on the stock. The consensus estimate for Waste Connections’ current full-year earnings is $5.28 per share. William Blair also issued estimates for Waste Connections’ FY2026 earnings at $5.95 EPS.
Several other equities research analysts also recently weighed in on WCN. StockNews.com downgraded Waste Connections from a “buy” rating to a “hold” rating in a report on Friday, February 14th. Truist Financial reaffirmed a “buy” rating and issued a $210.00 target price (up previously from $200.00) on shares of Waste Connections in a report on Friday, February 14th. Jefferies Financial Group decreased their price target on shares of Waste Connections from $225.00 to $210.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Morgan Stanley increased their price objective on shares of Waste Connections from $214.00 to $219.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Finally, Oppenheimer lifted their price objective on shares of Waste Connections from $192.00 to $195.00 and gave the stock an “outperform” rating in a research report on Friday, December 13th. Four investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $204.00.
Waste Connections Stock Down 5.9 %
Waste Connections stock opened at $188.07 on Monday. The firm has a market capitalization of $48.59 billion, a P/E ratio of 78.69, a P/E/G ratio of 3.07 and a beta of 0.67. The stock’s fifty day simple moving average is $188.80 and its 200-day simple moving average is $183.31. Waste Connections has a twelve month low of $160.34 and a twelve month high of $201.66. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.03.
Waste Connections (NYSE:WCN – Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The business services provider reported $1.16 earnings per share for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.04). Waste Connections had a net margin of 6.92% and a return on equity of 15.54%.
Institutional Trading of Waste Connections
Institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in Waste Connections by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 29,293,002 shares of the business services provider’s stock valued at $5,025,836,000 after purchasing an additional 174,121 shares during the period. Bank of Montreal Can grew its holdings in shares of Waste Connections by 4.3% during the fourth quarter. Bank of Montreal Can now owns 8,644,222 shares of the business services provider’s stock worth $1,481,041,000 after buying an additional 356,798 shares during the last quarter. FIL Ltd increased its position in Waste Connections by 46.2% in the 4th quarter. FIL Ltd now owns 7,177,724 shares of the business services provider’s stock valued at $1,231,368,000 after acquiring an additional 2,269,652 shares during the period. Capital International Investors raised its stake in Waste Connections by 17.8% during the 4th quarter. Capital International Investors now owns 5,949,152 shares of the business services provider’s stock valued at $1,020,672,000 after acquiring an additional 899,058 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its position in Waste Connections by 2.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,736,179 shares of the business services provider’s stock worth $984,214,000 after acquiring an additional 150,683 shares during the period. Hedge funds and other institutional investors own 86.09% of the company’s stock.
Waste Connections Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Thursday, February 27th were given a dividend of $0.315 per share. The ex-dividend date of this dividend was Thursday, February 27th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 0.67%. Waste Connections’s dividend payout ratio (DPR) is presently 52.72%.
Waste Connections Company Profile
Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.
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