Balance Sheet Insights: Waste Connections Inc (WCN)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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In the latest session, Waste Connections Inc (NYSE: WCN) closed at $185.15 down -0.72% from its previous closing price of $186.50. In other words, the price has decreased by -$0.72 from its previous closing price. On the day, 0.61 million shares were traded. WCN stock price reached its highest trading level at $186.45 during the session, while it also had its lowest trading level at $184.39.

Ratios:

For a deeper understanding of Waste Connections Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 607.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.72. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 0.70. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 1.00.

UBS Downgraded its Buy to Neutral on February 29, 2024, whereas the target price for the stock was revised from $170 to $181.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 03 ’24 when GUILLET EDWARD E bought 8,000 shares for $185.15 per share.

NIELSEN III ROBERT sold 500 shares of WCN for $90,875 on Aug 14 ’24. The SR VP Operations now owns 3,821 shares after completing the transaction at $181.75 per share. On Aug 07 ’24, another insider, NIELSEN III ROBERT, who serves as the SR VP Operations of the company, sold 1,000 shares for $180.15 each. As a result, the insider received 180,150 and left with 4,321 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WCN now has a Market Capitalization of 47764996096 and an Enterprise Value of 55709704192. As of this moment, Waste’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.55, and their Forward P/E ratio for the next fiscal year is 33.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.67 while its Price-to-Book (P/B) ratio in mrq is 5.98. Its current Enterprise Value per Revenue stands at 6.615 whereas that against EBITDA is 22.076.

Stock Price History:

Over the past 52 weeks, WCN has reached a high of $187.54, while it has fallen to a 52-week low of $126.12. The 50-Day Moving Average of the stock is 3.00%, while the 200-Day Moving Average is calculated to be 13.00%.

Shares Statistics:

For the past three months, WCN has traded an average of 906.16K shares per day and 686010 over the past ten days. A total of 257.60M shares are outstanding, with a floating share count of 257.27M. Insiders hold about 0.30% of the company’s shares, while institutions hold 90.64% stake in the company. Shares short for WCN as of 1723680000 were 1704595 with a Short Ratio of 1.88, compared to 1721001600 on 1467875. Therefore, it implies a Short% of Shares Outstanding of 1704595 and a Short% of Float of 0.75.

Dividends & Splits

According to the company, the forward annual dividend rate for WCN is 1.14, from 1.11 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0059517426The stock’s 5-year Average Dividend Yield is 0.7.

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