Based on ratings from 14 stock analysts, the Waste Connections Inc stock price is expected to increase by 7.34% in 12 months. This is calculated by using the average 12-month stock price forecast for Waste Connections Inc. The lowest target is $183.59 and the highest is $225. Please note analyst price targets are not guaranteed and could be missed completely.
About 14 Wall Street analysts have assigned WCN 12 buy ratings, 2 hold ratings, and 0 sell ratings. This means that analysts expect Waste Connections Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on WCN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of WCN.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Stephanie Yee JP Morgan | Overweight | $197 | Maintains | Oct 25, 2024 |
Devin Dodge BMO Capital | Outperform | $196 | Maintains | Oct 25, 2024 |
Brian Butler Stifel | Buy | $205 | Reiterates | Oct 25, 2024 |
Noah Kaye Oppenheimer | Outperform | $192 | Maintains | Oct 25, 2024 |
Patrick Tyler Brown Raymond James | Strong Buy | $205 | Maintains | Oct 25, 2024 |
Sabahat Khan RBC Capital | Outperform | $201 | Maintains | Oct 25, 2024 |
Noah Kaye Oppenheimer | Outperform | $194 | Maintains | Oct 21, 2024 |
Konark Gupta Scotiabank | Sector Perform | $196 | Reinstates | Oct 4, 2024 |
James Schumm TD Cowen | Buy | $200 | Maintains | Jul 26, 2024 |
Sabahat Khan RBC Capital | Outperform | $199 | Maintains | Jul 26, 2024 |
CIBC | Outperformer | $193 | Maintains | Jul 26, 2024 |
Devin Dodge BMO Capital | Outperform | $198 | Maintains | Jul 26, 2024 |
Noah Kaye Oppenheimer | Outperform | $191 | Maintains | Jul 15, 2024 |
Tobey Sommer Truist Securities | Buy | $200 | Maintains | Jul 11, 2024 |
Devin Dodge BMO Capital | Outperform | $186 | Maintains | Apr 26, 2024 |
Sabahat Khan RBC Capital | Outperform | $196 | Assumes | Apr 8, 2024 |
Noah Kaye Oppenheimer | Outperform | $180 | Maintains | Mar 18, 2024 |
Stephanie Moore Jefferies | Buy | $217 | Maintains | Mar 18, 2024 |
Jon Windham UBS | Neutral | $181 | Downgrade | Feb 29, 2024 |
Walter Spracklin RBC Capital | Outperform | $182 | Maintains | Feb 15, 2024 |
When did it IPO
1998
Staff Count
22,539
Country
Canada
Sector/Industry
Industrials/Waste Management
CEO
Mr. Ronald J. Mittelstaedt
Market Cap
$48.40B
In 2023, WCN generated $8.02B in revenue, which was a increase of 11.23% from the previous year. This can be seen as a signal that WCN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Stocks on the U.S. Dividend Champions List show an average dividend increase of 5.2% and a median of 4.2%. Sixteen stocks will increase dividends next week, up from six previously.
Why It Matters - Rising dividend increases signal robust company performance and investor confidence, potentially attracting more capital and driving stock prices up.
Summary - WCN reported substantial revenue growth across all segments in Q3 2024.
Why It Matters - WCN's revenue growth across segments indicates strong operational performance, potentially boosting investor confidence and driving stock value higher.
Summary - Waste Connections, Inc. (NYSE: WCN) will hold its Q3 2024 Earnings Conference Call on October 24, 2024, at 8:30 AM ET, featuring key executives and various analysts.
Why It Matters - Waste Connections' Q3 earnings call provides insights into its financial performance and future outlook, influencing stock valuations and investor sentiment in the waste management sector.
Summary - Waste Connections (WCN) reported its revenue and EPS for Q3 2024, prompting a comparison with Wall Street estimates and year-ago figures for further insights.
Why It Matters - Comparing Waste Connections' revenue and EPS against Wall Street estimates and year-ago figures provides insights into growth trends and market expectations, influencing investment decisions.
Summary - Waste Connections, Inc. (TSX/NYSE: WCN) released its 2024 Sustainability Report, highlighting advancements in its ESG targets and sustainability objectives.
Why It Matters - Waste Connections' 2024 Sustainability Report highlights progress on ESG goals, potentially enhancing its reputation and attracting socially conscious investors, impacting stock performance positively.
Summary - Waste Connections reported Q3 2024 revenue of $2.338 billion, up 13.3% YoY, with net income of $308 million. Full year 2024 outlook raised to $8.9 billion. Quarterly dividend increased by 10.5%.
Why It Matters - Strong Q3 results and increased 2024 outlook indicate robust growth and profitability for Waste Connections. The dividend hike and acquisition plans signal confidence, enhancing investor appeal.