Waste Connections (WCN) Expected to Announce Earnings on Wednesday

Waste Connections (NYSE:WCN) is expected to issue its quarterly earnings data after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $1.20 per share and revenue of $2.24 billion for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Waste Connections Trading Down 0.3 %

Shares of WCN opened at $189.66 on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.99. The stock has a market cap of $48.95 billion, a PE ratio of 52.10, a PEG ratio of 2.97 and a beta of 0.77. Waste Connections has a 1 year low of $153.07 and a 1 year high of $194.83. The stock has a 50 day simple moving average of $179.50 and a 200-day simple moving average of $181.23.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on WCN shares. Royal Bank of Canada upped their target price on shares of Waste Connections from $199.00 to $201.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Citigroup upped their price objective on shares of Waste Connections from $195.00 to $196.00 and gave the stock a “neutral” rating in a research note on Monday, January 13th. Jefferies Financial Group cut their target price 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. BMO Capital Markets decreased their price target on Waste Connections from $198.00 to $196.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Finally, Morgan Stanley lifted their price objective on Waste Connections from $206.00 to $214.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Five research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $199.06.

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.