Waste Connections Inc (NYSE: WCN) is 14.59% higher on its value in year-to-date trading and has touched a low of $160.34 and a high of $197.74 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 $196.51 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $196.62, the stock is 3.70% and 4.61% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.47 million and changing 0.06% at the moment leaves the stock 7.90% off its SMA200. WCN registered 15.40% gain for a year compared to 6-month gain of 9.95%. The firm has a 50-day simple moving average (SMA 50) of $187.9564 and a 200-day simple moving average (SMA200) of $182.22826.
The stock witnessed a 3.11% loss in the last 1 month and extending the period to 3 months gives it a 14.87%, and is 2.55% 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 1.70% over the week and 1.60% over the month.
Waste Connections Inc (WCN) has around 23854 employees, a market worth around $50.74B and $8.92B in sales. Current P/E ratio is 82.40 and Fwd P/E is 32.73. Profit margin for the company is 6.92%. Distance from 52-week low is 22.63% and -0.56% from its 52-week high. The company has generated returns on investments over the last 12 months (3.81%).
The EPS is expected to grow by 9.63% this year
1116.0 institutions hold shares in Waste Connections Inc (WCN), with institutional investors hold 89.32% of the company’s shares. The shares outstanding are 258.02M, and float is at 257.40M with Short Float at 0.86%. Institutions hold 89.13% of the Float.
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
The most recent transaction is an insider sale by CHAMBLISS DARRELL W, the company’s EVP & COO. SEC filings show that CHAMBLISS DARRELL W sold 13,566 shares of the company’s common stock on Mar 10 ’25 at a price of $188.30 per share for a total of $2.55 million. Following the sale, the insider now owns 95000.0 shares.
Still, SEC filings show that on Mar 03 ’25, PIO DOMENIC (SR VP Operations) disposed off 10,000 shares at an average price of $192.64 for $1.93 million. The insider now directly holds 6,394 shares of Waste Connections Inc (WCN).
