Waste Connections, Inc. (WCN) is currently priced at $162.14, showing a positive change of 60 cents (0.371%) from the previous close of $161.54. The trading volume stands at $244,421, representing a 15.35% increase compared to the average.
In the latest quarterly earnings report on Tuesday, April 21st, Waste Connections, Inc. exceeded expectations with a consensus EPS estimate of 1.19.
Waste Connections, Inc. offers a forward dividend yield of 0.863%, with a dividend per share MRQ of 35 cents. However, the year-over-year dividend per share has decreased by -19.2308 cents to $1.33 TTM.
BMO Capital maintained Waste Connections, Inc.'s grade as "Outperform" on April 24, with a published price of $168.89. The current recommendation is to "hold."
The company's operating cash flow amounts to $545.60 million, with a net change in cash of $93 million. Waste Connections, Inc. closed the period with $322.65 million in cash.
Waste Connections, Inc. reported a net income of $219.34 million, translating to an EPS and EPS diluted of 86 cents. The company achieved a gross profit of $1 billion.
Key ratios for Waste Connections, Inc. include a net profit margin of 9.25%, return on equity of 2.72%, and a price to earnings ratio of 47.28.
The company holds total assets of $21.19 billion, with total liabilities at $13.13 billion and total debt of $9.43 billion.
This comprehensive analysis provides insights into Waste Connections, Inc.'s financial performance and market outlook.
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.