Waste Connections with ticker code (WCN) now have 18 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 170 and 120 calculating the mean target price we have $154.18. Now with the previous closing price of $139.15 and the analysts are correct then we can expect a percentage increase in value of 10.8%. Also worth taking note is the 50 day moving average now sits at $137.02 while the 200 day moving average is $136.22. The market capitalization for the company is $35,839m. Find out more information at: https://www.wasteconnections.com
The potential market cap would be $39,710m based on the market consensus.
Waste Connections provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals. The company also owns and operates transfer stations that receive compact and/or load waste to be transported to landfills or treatment facilities through truck, rail, or barge; and intermodal services for the rail haul movement of cargo and solid waste containers in the Pacific Northwest through a network of intermodal facilities. In addition, it provides E&P waste treatment, recovery, and disposal services for waste resulting from oil and natural gas exploration and production activity, such as drilling fluids, drill cuttings, completion fluids, and flowback water; production wastes and produced water during a well’s operating life; contaminated soils that require treatment during site reclamation; and substances, which require clean-up after a spill, reserve pit clean-up, or pipeline rupture. Further, the company offers leasing services to its customers. Waste Connections was founded in 1997 and is based in Woodbridge, Canada.
The company has a dividend yield of 0.73% with the ex dividend date set at 9-5-2023 (DMY).
