Waste Connections Stock Today
| WCN Stock | USD 189.87 0.86 0.46% |
Performance3 of 100
| Odds Of DistressLess than 10
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Waste Connections is selling at 189.87 as of the 24th of November 2024; that is 0.46 percent increase since the beginning of the trading day. The stock's open price was 189.01. Waste Connections has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Note, on July 8, 2016, Senator Susan M Collins of US Senate acquired $15k to $50k worth of Waste Connections's common stock.
Business Domain Commercial & Professional Services | IPO Date 20th of May 1998 | Category Industrials |
Waste Connections, Inc. provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada. Waste Connections operates under Waste Management classification in the United States and is traded on New York Stock Exchange. The company has 258.01 M outstanding shares of which 1.14 M shares are at this time shorted by investors with about 1.51 days to cover. More on Waste Connections
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Waste Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Worthing Jackman | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Environmental & Facilities Services, Commercial & Professional Services, Industrials, NYSE Composite, SP TSX Composite, Industrials, Commercial Services & Supplies, Waste Management, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsWaste Connections can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Waste Connections' financial leverage. It provides some insight into what part of Waste Connections' total assets is financed by creditors.
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Waste Connections (WCN) is traded on New York Stock Exchange in USA. It is located in 6220 Highway 7, Woodbridge, ON, Canada, L4H 4G3 and employs 22,539 people. Waste Connections is listed under Environmental & Facilities Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 48.99 B. Waste Connections runs under Commercial Services & Supplies sector within Industrials industry. The entity has 258.01 M outstanding shares of which 1.14 M shares are at this time shorted by investors with about 1.51 days to cover.
Waste Connections has about 78.64 M in cash with 2.17 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.86.
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Ownership AllocationWaste Connections retains a total of 258.01 Million outstanding shares. The majority of Waste Connections outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Waste Connections to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Waste Connections. Please pay attention to any change in the institutional holdings of Waste Connections as this could imply that something significant has changed or is about to change at the company. Please note that on July 8, 2016, Senator Susan M Collins of US Senate acquired $15k to $50k worth of Waste Connections's common stock.
Check Waste Ownership Details
Waste Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Fidelity International Ltd | 2024-06-30 | 4.5 M | |
| Mackenzie Investments | 2024-09-30 | 4.2 M | |
| Norges Bank | 2024-06-30 | 4 M | |
| 1832 Asset Management L.p | 2024-09-30 | 3.8 M | |
| Wellington Management Company Llp | 2024-06-30 | 3.8 M | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.7 M | |
| Td Asset Management Inc | 2024-09-30 | 3.6 M | |
| Jpmorgan Chase & Co | 2024-06-30 | 3.4 M | |
| Alphinity Investment Management Pty Ltd | 2024-09-30 | 3.3 M | |
| Vanguard Group Inc | 2024-09-30 | 29.1 M | |
| Royal Bank Of Canada | 2024-06-30 | 10.2 M |
Waste Connections Historical Income Statement
Waste Stock Against Markets
Waste Connections Corporate Directors
| Susan Lee | Independent Director | Profile | |
| Larry Hughes | Independent Director | Profile | |
| Edward Guillet | Independent Director | Profile | |
| Michael Harlan | Lead Independent Director | Profile |
Already Invested in Waste Connections?
The danger of trading Waste Connections is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Waste Connections is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Waste Connections. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Waste Connections is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Waste Connections offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Waste Connections' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Waste Connections Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Waste Connections Stock: 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.