Waste Connections, Inc. (TSE:WCN) Receives Consensus Rating of “Strong Buy” from Analysts

Shares of Waste Connections, Inc. (TSE:WCN) have earned a consensus recommendation of “Strong Buy” from the ten research firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and nine have assigned a strong buy rating to the company.

A number of analysts recently weighed in on the stock. Barclays raised shares of Waste Connections to a “hold” rating in a research note on Friday, September 19th. Wells Fargo & Company upgraded shares of Waste Connections to a “strong-buy” rating in a report on Thursday, November 13th. Sanford C. Bernstein raised shares of Waste Connections to a “strong-buy” rating in a research report on Wednesday, November 12th. Scotiabank raised shares of Waste Connections from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Finally, The Goldman Sachs Group raised shares of Waste Connections to a “strong-buy” rating in a research note on Monday, November 24th.

Waste Connections Trading Down 0.7%

Shares of WCN opened at C$242.33 on Wednesday. The stock has a market capitalization of C$62.04 billion, a PE ratio of 100.97, a P/E/G ratio of 2.22 and a beta of 0.45. The company’s fifty day moving average is C$241.27 and its 200 day moving average is C$250.22. The company has a debt-to-equity ratio of 102.69, a quick ratio of 0.74 and a current ratio of 0.77. Waste Connections has a fifty-two week low of C$229.10 and a fifty-two week high of C$284.73.

Waste Connections (TSE:WCN) last released its earnings results on Tuesday, October 21st. The company reported C$1.11 earnings per share (EPS) for the quarter. Waste Connections had a net margin of 10.81% and a return on equity of 11.86%. The firm had revenue of C$3.42 billion during the quarter. Sell-side analysts expect that Waste Connections will post 9.9808652 earnings per share for the current fiscal year.

Waste Connections Company Profile

Waste Connections is the third- largest integrated provider of traditional solid waste and recycling services in the North America, operating 91 active landfills (12 are E&P waste landfills), 132 transfer stations, and 68 recycling operations. The firm serves residential, commercial, industrial, and energy end markets.