Ratios Revealed: Decoding Waste Connections Inc (WCN)’s Financial Health

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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.

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