WCN stock icon

Waste Connections
WCN

$175.02
0.64%
 

About: Waste Connections is the third-largest integrated provider of traditional solid waste and recycling services in the North America, operating 103 active landfills (9 are exploration and production waste landfills and 16 are nonmunicipal waste landfills), 157 transfer stations, and 81 recycling operations. The firm serves residential, commercial, industrial, and energy end markets. Waste Connections entered the Canadian market with its 2016 merger with Progressive Waste. In 2023, 12% of consolidated revenue was generated from the firm's Canadian segment.

Employees: 22,539

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 11 analysts
0
News positive %
of 7 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

83% more first-time investments, than exits

New positions opened: 88 | Existing positions closed: 48

63% more call options, than puts

Call options by funds: $62M | Put options by funds: $38.1M

12% more capital invested

Capital invested by funds: $33.2B [Q4 2023] → $37.2B (+$4.03B) [Q1 2024]

6% more funds holding

Funds holding: 617 [Q4 2023] → 657 (+40) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 17 [Q4 2023] → 17 (+0) [Q1 2024]

2.29% less ownership

Funds ownership: 86.17% [Q4 2023] → 83.88% (-2.29%) [Q1 2024]

13% less repeat investments, than reductions

Existing positions increased: 221 | Existing positions reduced: 255

Research analyst outlook

11 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$155
11%
downside
Avg. target
$182
4%
upside
High target
$217
24%
upside

11 analyst ratings

positive
82%
neutral
18%
negative
0%
BMO Capital
Devin Dodge
6%upside
$186
Outperform
Maintained
26 Apr 2024
RBC Capital
Sabahat Khan
12%upside
$196
Outperform
Assumed
8 Apr 2024
Jefferies
Stephanie Moore
24%upside
$217
Buy
Maintained
18 Mar 2024
Oppenheimer
Noah Kaye
3%upside
$180
Outperform
Maintained
18 Mar 2024
UBS
Jon Windham
3%upside
$181
Neutral
Downgraded
29 Feb 2024

Financial journalist opinion

Based on 7 articles about WCN published over the past 30 days