Waste Connections Inc (NYSE: WCN) is 20.39% higher on its value in year-to-date trading and has touched a low of $126.12 and a high of $182.99 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WCN stock was last observed hovering at around $180.69 in the last trading session, with the day’s loss setting it -0.98%.
Currently trading at $179.71, the stock is 0.75% and 4.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.33 million and changing -0.54% at the moment leaves the stock 14.27% off its SMA200. WCN registered 23.72% gain for a year compared to 6-month gain of 17.19%.
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The stock witnessed a 2.35% loss in the last 1 month and extending the period to 3 months gives it a 8.15%, and is -1.45% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.04% over the week and 1.18% over the month.
Waste Connections Inc (WCN) has around 22539 employees, a market worth around $46.37B and $8.19B in sales. Current P/E ratio is 58.38 and Fwd P/E is 33.07. Profit margin for the company is 9.70%. Distance from 52-week low is 42.49% and -1.79% from its 52-week high. The company has generated returns on investments over the last 12 months (4.98%).
The EPS is expected to grow by 13.97% this year
The shares outstanding are 257.60M, and float is at 257.23M with Short Float at 0.60%.
Waste Connections Inc (WCN) Insider Activity
The most recent transaction is an insider sale by NIELSEN III ROBERT, the company’s SR VP Operations. SEC filings show that NIELSEN III ROBERT sold 1,000 shares of the company’s common stock on Jun 07 ’24 at a price of $169.00 per share for a total of $0.17 million. Following the sale, the insider now owns 5321.0 shares.
Waste Connections Inc disclosed in a document filed with the SEC on May 10 ’24 that HARLAN MICHAEL W (Director) sold a total of 1,500 shares of the company’s common stock. The trade occurred on May 10 ’24 and was made at $167.59 per share for $0.25 million. Following the transaction, the insider now directly holds 8004.0 shares of the WCN stock.
Still, SEC filings show that on May 09 ’24, NIELSEN III ROBERT (SR VP Operations) disposed off 2,000 shares at an average price of $166.00 for $0.33 million. The insider now directly holds 6,321 shares of Waste Connections Inc (WCN).
