Industrials - Waste Management - NYSE - CA
$ 183.5
-0.125 %
$ 47.4 B
Market Cap
50.41
P/E
Waste Connections, Inc. 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.[ Read More ]
The intrinsic value of one WCN stock under the base case scenario is HIDDEN Compared to the current market price of 184 USD, Waste Connections, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart WCN
FINANCIALS
8.02 B
REVENUE
1.24 B
OPERATING INCOME
777 M
NET INCOME
2.17 B
OPERATING CASH FLOW
-1.58 B
INVESTING CASH FLOW
-554 M
FINANCING CASH FLOW
2.34 B
REVENUE
475 M
OPERATING INCOME
308 M
NET INCOME
558 M
OPERATING CASH FLOW
-851 M
INVESTING CASH FLOW
338 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Waste Connections, Inc.
| Current Assets | 1.14 B |
| Cash & Short-Term Investments | 78.4 M |
| Receivables | 857 M |
| Other Current Assets | 206 M |
| Non-Current Assets | 16.8 B |
| Long-Term Investments | 6.94 M |
| PP&E | 7.49 B |
| Other Non-Current Assets | 9.28 B |
| Current Liabilities | 1.69 B |
| Accounts Payable | 642 M |
| Short-Term Debt | 73.8 M |
| Other Current Liabilities | 972 M |
| Non-Current Liabilities | 8.53 B |
| Long-Term Debt | 6.96 B |
| Other Non-Current Liabilities | 1.57 B |
EFFICIENCY
Earnings Waterfall
Waste Connections, Inc.
| Revenue | 8.02 B |
| Cost Of Revenue | 4.74 B |
| Gross Profit | 3.28 B |
| Operating Expenses | 2.04 B |
| Operating Income | 1.24 B |
| Other Expenses | 460 M |
| Net Income | 777 M |
RATIOS
40.86%
GROSS MARGIN
15.41%
OPERATING MARGIN
9.51%
NET MARGIN
9.92%
ROE
4.26%
ROA
6.63%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Waste Connections, Inc.
| Net Income | 777 M |
| Depreciation & Amortization | 1.02 B |
| Capital Expenditures | -951 M |
| Stock-Based Compensation | 70.4 M |
| Change in Working Capital | 12.8 M |
| Others | 279 M |
| Free Cash Flow | 1.21 B |
Wall Street Analysts Price Targets
Waste Connections, Inc.
Wall Street analysts predict an average 1-year price target for WCN of $190 , with forecasts ranging from a low of $180 to a high of $196 .
WCN Lowest Price Target
Wall Street Target
180 USD
-1.91%
WCN Average Price Target
Wall Street Target
190 USD
3.54%
WCN Highest Price Target
Wall Street Target
196 USD
6.81%
4. DIVIDEND ANALYSIS
0.16%
DIVIDEND YIELD
0.315 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Waste Connections, Inc.
Sold
0-3 MONTHS
2.14 M USD 3
3-6 MONTHS
4.1 M USD 4
6-9 MONTHS
5.73 M USD 10
9-12 MONTHS
816 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
5 days ago
Nov 12, 2024
|
Sell 188 K USD
|
NIELSEN III ROBERT
SR VP Operations |
- 1000
|
187.5 USD |
|
6 days ago
Nov 11, 2024
|
Sell 371 K USD
|
LITTLE JAMES
Executive VP Engineering |
- 2000
|
185.325 USD |
|
2 months ago
Sep 09, 2024
|
Sell 106 K USD
|
NIELSEN III ROBERT
SR VP Operations |
- 571
|
185.5 USD |
|
2 months ago
Sep 03, 2024
|
Sell 1.48 M USD
|
GUILLET EDWARD E
Director |
- 8000
|
184.83 USD |
|
3 months ago
Aug 14, 2024
|
Sell 90.9 K USD
|
NIELSEN III ROBERT
SR VP Operations |
- 500
|
181.75 USD |
|
3 months ago
Aug 07, 2024
|
Sell 180 K USD
|
NIELSEN III ROBERT
SR VP Operations |
- 1000
|
180.15 USD |
|
3 months ago
Aug 05, 2024
|
Sell 402 K USD
|
RIVARD PHILIP
SR VP Business Development |
- 2300
|
174.75 USD |
|
3 months ago
Aug 02, 2024
|
Sell 358 K USD
|
Netherton Susan
SR VP People, Training & Dev |
- 2000
|
179.1313 USD |
|
3 months ago
Jul 31, 2024
|
Sell 2.9 M USD
|
Whitney Mary Anne
Executive Vice President & CFO |
- 16300
|
178.0524 USD |
|
5 months ago
Jun 07, 2024
|
Sell 169 K USD
|
NIELSEN III ROBERT
SR VP Operations |
- 1000
|
169 USD |
|
6 months ago
May 10, 2024
|
Sell 251 K USD
|
HARLAN MICHAEL W
Director |
- 1500
|
167.5919 USD |
|
6 months ago
May 09, 2024
|
Sell 332 K USD
|
NIELSEN III ROBERT
SR VP Operations |
- 2000
|
166 USD |
|
8 months ago
Mar 07, 2024
|
Sell 1.01 M USD
|
LITTLE JAMES
Executive VP Engineering |
- 6000
|
168.64 USD |
|
8 months ago
Mar 07, 2024
|
Sell 338 K USD
|
GUILLET EDWARD E
Director |
- 2000
|
168.7949 USD |
|
8 months ago
Feb 26, 2024
|
Sell 213 K USD
|
RIVARD PHILIP
SR VP Business Development |
- 1250
|
170.2109 USD |
|
8 months ago
Feb 23, 2024
|
Sell 638 K USD
|
Cloninger Robert Michael
SR VP, Deputy General Counsel |
- 3746
|
170.2117 USD |
|
8 months ago
Feb 22, 2024
|
Sell 153 K USD
|
Bertone Andrea E.
Director |
- 902
|
169.1684 USD |
|
8 months ago
Feb 20, 2024
|
Sell 1.51 M USD
|
Shea Patrick James
Exec VP, General Counsel & Sec |
- 9000
|
167.975 USD |
|
8 months ago
Feb 20, 2024
|
Sell 592 K USD
|
HANSEN ERIC
Senior Vice President and CIO |
- 3523
|
168.04 USD |
|
8 months ago
Feb 20, 2024
|
Sell 691 K USD
|
Black Matthew Stephen
Sr VP Chief Accounting Officer |
- 4128
|
167.3355 USD |
|
10 months ago
Dec 21, 2023
|
Sell 745 K USD
|
RIVARD PHILIP
SR VP Business Development |
- 5097
|
146.2601 USD |
|
11 months ago
Dec 06, 2023
|
Sell 70.2 K USD
|
NIELSEN III ROBERT
SR VP Operations |
- 500
|
140.5 USD |
|
1 year ago
Nov 01, 2023
|
Sell 36.8 K USD
|
Cloninger Robert Michael
SR VP, Deputy General Counsel |
- 283
|
129.915 USD |
|
1 year ago
Nov 01, 2023
|
Sell 192 K USD
|
Cloninger Robert Michael
SR VP, Deputy General Counsel |
- 1477
|
129.903 USD |
|
1 year ago
Nov 01, 2023
|
Sell 154 K USD
|
Cloninger Robert Michael
SR VP, Deputy General Counsel |
- 1185
|
129.87 USD |
|
1 year ago
Sep 05, 2023
|
Sell 69.6 K USD
|
RAZZOUK WILLIAM J
Director |
- 500
|
139.271 USD |
|
1 year ago
Sep 05, 2023
|
Sell 69.6 K USD
|
RAZZOUK WILLIAM J
Director |
- 500
|
139.245 USD |
|
1 year ago
Sep 05, 2023
|
Sell 27.8 K USD
|
RAZZOUK WILLIAM J
Director |
- 200
|
139.18 USD |
|
1 year ago
Sep 05, 2023
|
Sell 41.8 K USD
|
RAZZOUK WILLIAM J
Director |
- 300
|
139.22 USD |
|
1 year ago
Sep 01, 2023
|
Sell 27.8 K USD
|
NIELSEN III ROBERT
SR VP Operations |
- 200
|
139 USD |
|
1 year ago
Aug 18, 2023
|
Sell 442 K USD
|
LITTLE JAMES
Executive VP Engineering |
- 3200
|
137.9744 USD |
|
1 year ago
Aug 08, 2023
|
Sell 350 K USD
|
Netherton Susan
SR VP People, Training & Dev |
- 2500
|
140.0982 USD |
|
1 year ago
Mar 06, 2023
|
Sell 136 K USD
|
RAZZOUK WILLIAM J
Director |
- 1000
|
135.59 USD |
|
1 year ago
Mar 06, 2023
|
Sell 136 K USD
|
RAZZOUK WILLIAM J
Director |
- 1000
|
135.55 USD |
|
1 year ago
Mar 06, 2023
|
Sell 136 K USD
|
RAZZOUK WILLIAM J
Director |
- 1000
|
135.61 USD |
|
1 year ago
Mar 06, 2023
|
Sell 611 K USD
|
LITTLE JAMES
Executive VP Engineering |
- 4500
|
135.8685 USD |
|
1 year ago
Mar 06, 2023
|
Sell 231 K USD
|
EDDIE DAVID
Sr VP Performance Optimization |
- 1700
|
135.6512 USD |
|
1 year ago
Mar 02, 2023
|
Sell 200 K USD
|
Cloninger Robert Michael
SR VP, Deputy General Counsel |
- 1500
|
133.55 USD |
7. News
16 Upcoming Dividend Increases
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 5.2% and a median increase of 4.2%. There are sixteen increases for next week, up from six last week.
seekingalpha.com
- 2 weeks ago
Waste Connections Shares Decline 3% Despite Q3 Earnings Beat
WCN witnesses significant increases across its segments' revenues in the third quarter of 2024.
zacks.com
- 2 weeks ago
WASTE CONNECTIONS DEMONSTRATES PROGRESS TOWARDS ESG GOALS IN UPDATED 2024 SUSTAINABILITY REPORT
TORONTO , Oct. 24, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today released its 2024 Sustainability Report – Connecting with the Sustainable Future. The report demonstrates progress toward the Company's aspirational ESG targets and sustainability-related objectives.
prnewswire.com
- 3 weeks ago
Waste Connections, Inc. (WCN) Q3 2024 Earnings Call Transcript
Waste Connections, Inc. (NYSE:WCN ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Ron Mittelstaedt - President & Chief Executive Officer Mary Anne Whitney - Executive Vice President & Chief Financial Officer Conference Call Participants Kevin Chiang - CIBC Noah Kaye - Oppenheimer Adam Bubes - Goldman Sachs Tyler Brown - Raymond James Konark Gupta - Scotiabank Chris Murray - ATB Capital Markets James Schumm - TD Cowen Sabahat Khan - RBC Capital Markets Stephanie Yee - JPMorgan James Somerville - Eight Capital Brian Butler - Stifel Jasper Bibb - Truist Securities Operator Good day, and welcome to the Waste Connections Inc. Q3 2024 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.
seekingalpha.com
- 3 weeks ago
Waste Connections (WCN) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Waste Connections (WCN) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
- 3 weeks ago
Waste Connections (WCN) Q3 Earnings and Revenues Surpass Estimates
Waste Connections (WCN) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.17 per share a year ago.
zacks.com
- 3 weeks ago
WASTE CONNECTIONS REPORTS THIRD QUARTER 2024 RESULTS AND RAISES FULL YEAR OUTLOOK
Better than expected third quarter results drive further increases to full year 2024 outlook Revenue of $2.338 billion, up 13.3% year over year Net income(a) of $308.0 million, and adjusted EBITDA(b) of $787.4 million, up 17.3% year over year Adjusted EBITDA(b) margin of 33.7%, up 120 basis points year over year Net income of $1.19 per share, and adjusted net income(b) of $1.35 per share Year to date net cash provided by operating activities of $1.660 billion and adjusted free cash flow(b) of $1.044 billion Increased regular quarterly dividend by 10.5% On pace for acquisitions totaling over $700 million in annualized revenue, with an estimated rollover revenue contribution in 2025 of approximately 2% Increased full year 2024 outlook to $8.9 billion of revenue, up $150 million from original outlook, with net income of $1.082 billion and adjusted EBITDA(b) of $2.91 billion, up $50 million from original outlook TORONTO , Oct. 23, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced its results for the third quarter of 2024. "We are extremely pleased by the strength of our operating and financial results in the period, positioning for another increase to our full year 2024 outlook, with momentum as we look ahead to 2025.
prnewswire.com
- 3 weeks ago
WASTE CONNECTIONS ANNOUNCES 10.5% INCREASE IN QUARTERLY DIVIDEND
TORONTO , Oct. 23, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that its Board of Directors has declared a regular quarterly cash dividend on the Company's common shares and approved a 10.5% increase in the dividend. The regular quarterly cash dividend, which increases to $0.315 U.S. per common share of the Company from $0.285 U.S. per common share of the Company, will be paid on November 21, 2024 to shareholders of record on the close of business on November 7, 2024.
prnewswire.com
- 3 weeks ago
Unveiling Waste Connections (WCN) Q3 Outlook: Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Waste Connections (WCN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
zacks.com
- 4 weeks ago
WASTE CONNECTIONS ANNOUNCES DATES FOR THIRD QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL
TORONTO , Sept. 23, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it will report financial results for the third quarter of 2024 after the close of the stock market on October 23, 2024.
prnewswire.com
- 1 month ago
Why Waste Connections (WCN) is a Top Growth Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
zacks.com
- 1 month ago
Waste Connections: Waste Margin Improved 80-90bps
I reiterate a 'Buy' rating for Waste Connections, with a fair value of $200 per share, due to strong margin expansion and pricing growth. Waste Connections reported 11.2% revenue growth and 16.4% EBITDA increase, driven by terminating lower-margin contracts and optimizing cost structures. The company has a robust M&A pipeline, expecting $700 million additional revenue in FY24, with $1.5 billion already spent on acquisitions this year.
seekingalpha.com
- 2 months ago
8. Profile Summary
Waste Connections, Inc. WCN
COUNTRY
CA
INDUSTRY
Waste Management
MARKET CAP
$ 47.4 B
Dividend Yield
0.16%
Description
Waste Connections, Inc. 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. As of December 31, 2021, it owned 334 solid waste collection operations; 142 transfer stations; 61 municipal solid waste (MSW) landfills; 12 E&P waste landfills; 14 non-MSW landfills; 71 recycling operations; 4 intermodal operations; 23 E&P liquid waste injection wells; and 19 E&P waste treatment and oil recovery facilities. The company also operates an additional 53 transfer stations, 10 MSW landfills, and 2 intermodal operations. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada.
Contact
6220 Highway 7, Woodbridge, ON, L4H 4G3
https://www.wasteconnections.com
IPO Date
May 22, 1998
Employees
22539
Officers
Mr. Colin G. Wittke
Vice President of Sales & Customer Engagement
Mr. Eric O. Hansen
Senior Vice President & Chief Information Officer
Mr. John M. Perkey
Vice President & Deputy General Counsel of Compliance and Government Affairs
Ms. Susan R. Netherton
Senior Vice President of People, Training & Development
Ms. Mary Anne Whitney
Executive Vice President & Chief Financial Officer
Mr. Darrell W. Chambliss
Chief Operating Officer & Executive Vice President
Mr. Matthew Stephen Black
Senior Vice President & Chief Accounting Office
Mr. Ronald J. Mittelstaedt
Founder, Chief Executive Officer, President & Director
Mr. James M. Little
Executive Vice President of Engineering & Disposal
Mr. Joe Gregory Box Jr.
Vice President of Investor Relations