Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Waste Connections Inc (NYSE: WCN) was $167.38 for the day, up 0.75% from the previous closing price of $166.14. In other words, the price has increased by $0.75 from its previous closing price. On the day, 0.67 million shares were traded. WCN stock price reached its highest trading level at $167.75 during the session, while it also had its lowest trading level at $166.08.
Ratios:
Our analysis of WCN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 385.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.95. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 0.75. In the meantime, Its Debt-to-Equity ratio is 1.04 whereas as Long-Term Debt/Eq ratio is at 1.03.
On February 29, 2024, UBS Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $170 to $181.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 07 ’24 when LITTLE JAMES sold 6,000 shares for $168.64 per share. The transaction valued at 1,011,840 led to the insider holds 28,215 shares of the business.
GUILLET EDWARD E sold 2,000 shares of WCN for $337,590 on Mar 07 ’24. The Director now owns 31,600 shares after completing the transaction at $168.79 per share. On Feb 26 ’24, another insider, RIVARD PHILIP, who serves as the SR VP Business Development of the company, sold 1,250 shares for $170.21 each. As a result, the insider received 212,764 and left with 3,526 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 43187224576 and an Enterprise Value of 51172868096. As of this moment, Waste’s Price-to-Earnings (P/E) ratio for their current fiscal year is 54.38, and their Forward P/E ratio for the next fiscal year is 30.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.27 while its Price-to-Book (P/B) ratio in mrq is 5.54. Its current Enterprise Value per Revenue stands at 6.245 whereas that against EBITDA is 21.119.
Stock Price History:
Over the past 52 weeks, WCN has reached a high of $173.02, while it has fallen to a 52-week low of $126.12. The 50-Day Moving Average of the stock is -0.02%, while the 200-Day Moving Average is calculated to be 12.24%.
Shares Statistics:
WCN traded an average of 930.35K shares per day over the past three months and 946790 shares per day over the past ten days. A total of 257.60M shares are outstanding, with a floating share count of 257.23M. Insiders hold about 0.31% of the company’s shares, while institutions hold 92.28% stake in the company. Shares short for WCN as of 1714435200 were 1220241 with a Short Ratio of 1.31, compared to 1711584000 on 1074934. Therefore, it implies a Short% of Shares Outstanding of 1220241 and a Short% of Float of 0.53.
Dividends & Splits
With its trailing 12-month dividend rate of 1.08, WCN has a forward annual dividend rate of 1.11. Against a Trailing Annual Dividend Yield of 0.006500542The stock’s 5-year Average Dividend Yield is 0.7.
