Waste Connections Inc (NYSE: WCN) is 10.67% higher on its value in year-to-date trading and has touched a low of $160.34 and a high of $194.83 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 $190.69 in the last trading session, with the day’s loss setting it -0.8%.
Currently trading at $189.89, the stock is 0.48% and 4.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.22 million and changing -0.42% at the moment leaves the stock 5.60% off its SMA200. WCN registered 14.81% gain for a year compared to 6-month gain of 1.82%.
The stock witnessed a 1.37% loss in the last 1 month and extending the period to 3 months gives it a -1.34%, and is 1.08% up 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 1.51% over the week and 1.38% over the month.
Waste Connections Inc (WCN) has around 23854 employees, a market worth around $49.01B and $8.92B in sales. Current P/E ratio is 79.58 and Fwd P/E is 31.60. Profit margin for the company is 6.92%. Distance from 52-week low is 18.43% and -2.54% from its 52-week high. The company has generated returns on investments over the last 12 months (3.81%).
with sales reaching $2.22B over the same period.The EPS is expected to grow by 9.68% this year, but quarterly earnings will post 6.88% year-over-year. Quarterly sales are estimated to grow 7.09% in year-over-year returns.
The shares outstanding are 258.02M, and float is at 257.37M with Short Float at 1.02%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 28.93 million shares valued at $5.07 billion. The investor’s holdings represent 11.2222 of the WCN Shares outstanding. As of 2024-06-30, the second largest holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with 12.4 million shares valued at $2.17 billion to account for 4.806 of the shares outstanding. The other top investors are ROYAL BANK OF CANADA which holds 10.16 million shares representing 3.9426 and valued at over $1.78 billion, while WCM INVESTMENT MANAGEMENT, LLC holds 3.6201 of the shares totaling 9.34 million with a market value of $1.64 billion.
Waste Connections Inc (WCN) Insider Activity
A total of 0 insider transactions have happened at Waste Connections Inc (WCN) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by PIO DOMENIC, the company’s SR VP Operations. SEC filings show that PIO DOMENIC sold 10,000 shares of the company’s common stock on Mar 03 ’25 at a price of $192.64 per share for a total of $1.93 million. Following the sale, the insider now owns 6394.0 shares.
Still, SEC filings show that on Mar 03 ’25, DOMENICO PIO (Officer) Proposed Sale 10,000 shares at an average price of $191.25 for $1.91 million. The insider now directly holds shares of Waste Connections Inc (WCN).
Waste Connections Inc (WCN): Who are the competitors?
One of the company’s main competitors (and peers) include Republic Services Inc. (RSG) that is trading 28.27% up over the past 12 months.Casella Waste Systems Inc. Cl A (CWST) lies in the list of competitors of the Waste Connections Inc and is 19.88% higher over the same period from WCNWaste Management Inc. (WM) is 10.81% up on the 1-year trading charts.
