Waste Connections Stock Today

WCN Stock  CAD 241.46  1.82  0.76%   

Performance

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Odds Of Distress

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Waste Connections is selling at 241.46 as of the 3rd of October 2024; that is 0.76 percent increase since the beginning of the trading day. The stock's open price was 239.64. Waste Connections has only a 7 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Waste Connections are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of April 2024 and ending today, the 3rd of October 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
Category
Industrials
Waste Connections, Inc. provides waste collection, transfer, disposal, and recycling services in the United States and Canada. Waste Connections, Inc. was founded in 1997 and is based in Vaughan, Canada. WASTE CONNECTIONS operates under Waste And Water Management classification in Canada and is traded on Toronto Stock Exchange. The company has 257.98 M outstanding shares of which 1.27 M shares are at this time shorted by private and institutional investors with about 8.49 days to cover all short positions. More on Waste Connections

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Waste Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Waste Connections' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Waste Connections or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Waste Connections' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Waste Connections' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOWorthing Jackman
Business ConcentrationEnvironmental & Facilities Services, Commercial & Professional Services, Industrials, Industrials, Commercial Services & Supplies, Waste Management, Industrials (View all Sectors)
Waste Connections' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Waste Connections' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Waste 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.
Liquidity
Waste Connections cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Waste Connections has accumulated 7.02 B in total debt with debt to equity ratio (D/E) of 0.75, which is about average as compared to similar companies. Waste Connections has a current ratio of 1.37, which is within standard range for the sector. Debt can assist Waste Connections until it has trouble settling it off, either with new capital or with free cash flow. So, Waste Connections' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Waste Connections sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Waste to invest in growth at high rates of return. When we think about Waste Connections' use of debt, we should always consider it together with cash and equity.

Capital Expenditures

980.7 Million
Waste Connections (WCN) is traded on Toronto Exchange in Canada 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 current market capitalization of 62.05 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Waste Connections's market, we take the total number of its shares issued and multiply it by Waste Connections's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Waste Connections operates under Commercial Services & Supplies sector and is part of Industrials industry. The entity has 257.98 M outstanding shares of which 1.27 M shares are at this time shorted by private and institutional investors with about 8.49 days to cover all short positions. Waste Connections has accumulated about 78.64 M in cash with 2.13 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.27.
Check Waste Connections Probability Of Bankruptcy
Ownership Allocation
Waste Connections retains a total of 257.98 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 no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Waste Ownership Details

Waste Connections Risk Profiles

Although Waste Connections' alpha and beta are two of the key measurements used to evaluate Waste Connections' performance over the market, the standard measures of volatility play an important role as well.

Waste Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Waste Connections without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Waste Connections Corporate Directors

Susan LeeIndependent DirectorProfile
Larry HughesIndependent DirectorProfile
Elise JordanIndependent DirectorProfile
Edward GuilletIndependent DirectorProfile

Additional Information and Resources on Investing in Waste Stock

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 board of governors.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.