Waste Connections (WCN) to Release Earnings on Wednesday

Waste Connections (NYSE:WCN) is anticipated to post its quarterly earnings results after the market closes on Wednesday, February 12th. Analysts expect Waste Connections to post earnings of $1.20 per share and revenue of $2.24 billion for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Waste Connections Stock Performance

Shares of NYSE WCN opened at $187.71 on Wednesday. The company’s fifty day moving average price is $179.83 and its 200 day moving average price is $181.00. Waste Connections has a 1 year low of $153.07 and a 1 year high of $194.83. The company has a market capitalization of $48.44 billion, a PE ratio of 51.57, a price-to-earnings-growth ratio of 2.88 and a beta of 0.77. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.77 and a current ratio of 0.77.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. CIBC lowered their price target on shares of Waste Connections from $215.00 to $212.00 and set an “outperform” rating on the stock in a report on Thursday, December 19th. Eight Capital upgraded shares of Waste Connections to a “hold” rating in a research report on Wednesday, October 9th. BMO Capital Markets reduced their price objective on shares of Waste Connections from $198.00 to $196.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Stifel Nicolaus upped their price objective on shares of Waste Connections from $205.00 to $212.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Finally, Oppenheimer upped their price objective on shares of Waste Connections from $192.00 to $195.00 and gave the stock an “outperform” rating in a research report on Friday, December 13th. Five research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Waste Connections has an average rating of “Moderate Buy” and an average price target of $199.06.

Waste Connections Company Profile

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.