Waste Connections Stock Performance
| WCN Stock | USD 189.87 0.86 0.46% |
Waste Connections has a performance score of 3 on a scale of 0 to 100. The firm maintains a market beta of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Waste Connections' returns are expected to increase less than the market. However, during the bear market, the loss of holding Waste Connections is expected to be smaller as well. Waste Connections right now maintains a risk of 0.9%. Please check out Waste Connections downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Waste Connections will be following its historical returns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Waste Connections are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy fundamental indicators, Waste Connections is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return 1.06 | Five Day Return 1.88 | Year To Date Return 29.1 | Ten Year Return 348.74 | All Time Return 6.7 K |
Forward Dividend Yield 0.0066 | Payout Ratio 0.2468 | Last Split Factor 3:2 | Forward Dividend Rate 1.26 | Dividend Date 2024-11-21 |
1 | Disposition of 8000 shares by Edward Guillet of Waste Connections at 184.83 subject to Rule 16b-3 | 09/03/2024 |
2 | Acquisition by Rivard Philip of 413 shares of Waste Connections subject to Rule 16b-3 | 09/06/2024 |
3 | Disposition of 571 shares by Nielsen Iii Robert of Waste Connections at 185.5 subject to Rule 16b-3 | 09/09/2024 |
4 | Disposition of 633 shares by Robert Cloninger of Waste Connections subject to Rule 16b-3 | 09/13/2024 |
5 | Disposition of 0 shares by Pio Domenic of Waste Connections at 167.7776 subject to Rule 16b-3 | 09/17/2024 |
6 | Disposition of 4542 shares by Rivard Philip of Waste Connections subject to Rule 16b-3 | 09/20/2024 |
7 | Resources Top 5 Todays winners belong to gold juniors tapping the wisdom of geologists | 09/26/2024 |
8 | USA Financial Formulas Reduces Position in Waste Connections, Inc. | 10/11/2024 |
9 | Waste Connections Reports Q3 Earnings What Key Metrics Have to Say | 10/24/2024 |
10 | Waste Connections Shares Decline 3 percent Despite Q3 Earnings Beat | 10/28/2024 |
11 | Multiple conductive anomalies identified at Hulk | 10/29/2024 |
12 | Is Waste Connections, Inc.s Latest Stock Performance Being Led By Its Strong Fundamentals | 11/06/2024 |
| Waste Connections dividend paid on 7th of November 2024 | 11/07/2024 |
14 | Disposition of 2000 shares by James Little of Waste Connections at 185.325 subject to Rule 16b-3 | 11/11/2024 |
15 | Symbiotic Set to Report Q4 Earnings Heres What You Should Know | 11/13/2024 |
16 | AMP to Operate Waste Connections Recycling Facility with AI-Powered Sortation Technology | 11/18/2024 |
17 | WM, Waste Connections and Rumpke celebrate MRF openings and upgrades | 11/20/2024 |
| Waste Connections dividend paid on 21st of November 2024 | 11/21/2024 |
| Begin Period Cash Flow | 78.6 M |
Waste |
Waste Connections Relative Risk vs. Return Landscape
If you would invest 18,568 in Waste Connections on August 27, 2024 and sell it today you would earn a total of 419.00 from holding Waste Connections or generate 2.26% return on investment over 90 days. Waste Connections is generating 0.0389% of daily returns assuming volatility of 0.9029% on return distribution over 90 days investment horizon. In other words, 8% of stocks are less volatile than Waste, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Waste Connections Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Waste Connections' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Waste Connections, and traders can use it to determine the average amount a Waste Connections' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0431
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| Negative Returns | WCN |
Estimated Market Risk
| 0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Waste Connections is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Waste Connections by adding it to a well-diversified portfolio.
Waste Connections Fundamentals Growth
Waste Stock prices reflect investors' perceptions of the future prospects and financial health of Waste Connections, and Waste Connections fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Waste Stock performance.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0507 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 57.36 B | ||||
| Shares Outstanding | 258.01 M | ||||
| Price To Earning | 166.85 X | ||||
| Price To Book | 5.93 X | ||||
| Price To Sales | 5.63 X | ||||
| Revenue | 8.02 B | ||||
| Gross Profit | 2.88 B | ||||
| EBITDA | 2.35 B | ||||
| Net Income | 776.79 M | ||||
| Cash And Equivalents | 78.64 M | ||||
| Cash Per Share | 0.86 X | ||||
| Total Debt | 7.02 B | ||||
| Debt To Equity | 0.85 % | ||||
| Current Ratio | 0.94 X | ||||
| Book Value Per Share | 32.02 X | ||||
| Cash Flow From Operations | 2.17 B | ||||
| Earnings Per Share | 3.65 X | ||||
| Market Capitalization | 48.99 B | ||||
| Total Asset | 17.92 B | ||||
| Retained Earnings | 4.14 B | ||||
| Working Capital | (546.15 M) | ||||
| Current Asset | 784.63 M | ||||
| Current Liabilities | 689.25 M | ||||
About Waste Connections Performance
By examining Waste Connections' fundamental ratios, stakeholders can obtain critical insights into Waste Connections' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Waste Connections is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 4.74 | 8.91 | |
| Return On Tangible Assets | 0.09 | 0.09 | |
| Return On Capital Employed | 0.08 | 0.09 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.10 | 0.10 |
Things to note about Waste Connections performance evaluation
Checking the ongoing alerts about Waste Connections for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Waste Connections help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Waste Connections has 7.02 B in debt with debt to equity (D/E) ratio of 0.85, which is OK given its current industry classification. Waste Connections has a current ratio of 0.92, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Waste to invest in growth at high rates of return. | |
| Over 90.0% of Waste Connections outstanding shares are owned by institutional investors | |
| On 21st of November 2024 Waste Connections paid $ 0.315 per share dividend to its current shareholders | |
| Latest headline from thewest.com.au: White Cliff jags huge Canadian copper target |
- Analyzing Waste Connections' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Waste Connections' stock is overvalued or undervalued compared to its peers.
- Examining Waste Connections' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Waste Connections' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Waste Connections' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Waste Connections' stock. These opinions can provide insight into Waste Connections' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Connections. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waste Connections. If investors know Waste will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waste Connections listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.339 | Dividend Share 1.14 | Earnings Share 3.65 | Revenue Per Share 33.72 | Quarterly Revenue Growth 0.133 |
The market value of Waste Connections is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Connections' value that differs from its market value or its book value, called intrinsic value, which is Waste Connections' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waste Connections' market value can be influenced by many factors that don't directly affect Waste Connections' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Waste Connections' value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Connections is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Connections' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.