Waste Connections Inc. (NYSE: WCN) on January 24, 2023, started off the session at the price of $129.98, soaring 0.39% from the previous trading day. During the day, the shares moved up to $140.79 and dropped to $128.59 before settling in for the closing price of $129.18. Within the past 52 weeks, WCN’s price has moved between $113.50 and $148.20.
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Industrials Sector giant saw their annual sales surged by 12.80% over the last five years. The company achieved an average annual earnings per share of 204.20%. With a float of $256.52 million, this company’s outstanding shares have now reached $257.20 million.
The firm has a total of 19998 workers. Let’s measure their productivity. In terms of profitability, gross margin is +27.38, operating margin of +17.49, and the pretax margin is +12.53.
Waste Connections Inc. (WCN) Breakdown of a Key Holders of the stock
Observing investor behavior towards Waste Management industry stocks is more important than anything else. The insider ownership of Waste Connections Inc. is 1.00%, while institutional ownership is 70.30%. The most recent insider transaction that took place on Nov 07, was worth 547,720. In this transaction Senior Vice President and CIO of this company sold 4,000 shares at a rate of $136.93, taking the stock ownership to the 6,460 shares. Before that another transaction happened on Sep 08, when Company’s Exec VP, General Counsel & Sec sold 7,000 for $145.26, making the entire transaction worth $1,016,806. This insider now owns 12,813 shares in total.
Waste Connections Inc. (WCN) Recent Fiscal highlights
As on 6/29/2022, Multinational firm has announced its last quarter scores, in which it reported $1.38 earnings per share (EPS) for the period topping the consensus outlook (set at $1.31) by $0.07. This company achieved a net margin of +10.05 while generating a return on equity of 8.82. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 204.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.56% during the next five years compared to 17.20% growth over the previous five years of trading.
Waste Connections Inc. (NYSE: WCN) Trading Performance Indicators
Waste Connections Inc. (WCN) is currently performing well based on its current performance indicators. A quick ratio of 0.90 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.73. Likewise, its price to free cash flow for the trailing twelve months is 40.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.12, a number that is poised to hit 0.89 in the next quarter and is forecasted to reach 4.27 in one year’s time.
Technical Analysis of Waste Connections Inc. (WCN)
Analysing the last 5-days average volume posted by the [Waste Connections Inc., WCN], we can find that recorded value of 0.86 million was lower than the volume posted last year of 1.0 million. As of the previous 9 days, the stock’s Stochastic %D was 34.96%. Additionally, its Average True Range was 3.51.
During the past 100 days, Waste Connections Inc.’s (WCN) raw stochastic average was set at 22.78%, which indicates a significant decrease from 25.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.34% in the past 14 days, which was higher than the 25.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $135.97, while its 200-day Moving Average is $133.63. Now, the first resistance to watch is $137.46. This is followed by the second major resistance level at $145.22. The third major resistance level sits at $149.66. If the price goes on to break the first support level at $125.26, it is likely to go to the next support level at $120.82. Now, if the price goes above the second support level, the third support stands at $113.06.
Waste Connections Inc. (NYSE: WCN) Key Stats
Market capitalization of the company is 32.97 billion based on 257,211K outstanding shares. Right now, sales total 6,151 M and income totals 618,050 K. The company made 1,880 M in profit during its latest quarter, and 236,910 K in sales during its previous quarter.