Waste Connections Stock Target Price and Analyst Consensus

WCN Stock  USD 166.17  0.10  0.06%   
The current analyst and expert consensus on Waste Connections is Buy with 5 hold recommendations. The current projected Waste Connections target price consensus is 158.65 with 20 analyst opinions. One of the most common ways Waste Connections analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Waste Connections vendors, executives, and/or customers. Waste Connections recommendation module provides expert sentiment on the projected Waste Connections target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Waste Connections to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.
Lowest Forecast
144.37
Highest Forecast
176.1
Target Price
158.65
At this time, Waste Connections' Gross Profit is very stable compared to the past year. As of the 24th of April 2024, Operating Profit Margin is likely to grow to 0.21, while Pretax Profit Margin is likely to drop 0.08. At this time, Waste Connections' Net Debt is very stable compared to the past year. As of the 24th of April 2024, Retained Earnings is likely to grow to about 4.3 B, while Common Stock Shares Outstanding is likely to drop about 200.6 M.
  
It's important to approach Waste Connections' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Waste Connections price targets

Waste Connections' stock target price is an estimate of its future price, usually made by analysts. Using Waste Connections' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Waste Connections' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Waste Connections' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Waste Connections Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Waste Connections is a key component of Waste Connections valuation and have some predictive power on the future returns of a Waste Connections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Waste Connections' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
165.24166.17167.10
Details
Intrinsic
Valuation
LowRealHigh
163.72164.65182.79
Details
Naive
Forecast
LowNextHigh
163.66164.58165.51
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.901.001.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Waste Connections. Your research has to be compared to or analyzed against Waste Connections' peers to derive any actionable benefits. When done correctly, Waste Connections' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Waste Connections.

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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 Macroaxis Advice on Waste Connections to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.
Note that the Waste Connections information on this page should be used as a complementary analysis to other Waste Connections' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Waste Connections' price analysis, check to measure Waste Connections' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Waste Connections is operating at the current time. Most of Waste Connections' value examination focuses on studying past and present price action to predict the probability of Waste Connections' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waste Connections' price. Additionally, you may evaluate how the addition of Waste Connections to your portfolios can decrease your overall portfolio volatility.
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The data published in Waste Connections' official financial statements usually reflect Waste Connections' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Waste Connections. For example, before you start analyzing numbers published by Waste accountants, it's critical to develop an understanding of what Waste Connections' liquidity, profitability, and earnings quality are in the context of the Commercial Services & Supplies space in which it operates.
Please note, the presentation of Waste Connections' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Waste Connections' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Waste Connections' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Waste Connections. Please utilize our Beneish M Score to check the likelihood of Waste Connections' management manipulating its earnings.