On Tuesday, Waste Connections Inc (NYSE: WCN) was 1.99% up from the session before settling in for the closing price of $176.91. A 52-week range for WCN has been $128.41 – $187.54.
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Annual sales at Industrials sector company grew by 10.39% over the past five years. When this article was written, the company’s average yearly earnings per share was at 15.37%. With a float of $257.39 million, this company’s outstanding shares have now reached $257.60 million.
Let’s look at the performance matrix of the company that is accounted for 22539 employees. In terms of profitability, gross margin is 29.03%, operating margin of 19.23%, and the pretax margin is 13.83%.
Waste Connections Inc (WCN) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Waste Connections Inc stocks. The insider ownership of Waste Connections Inc is 0.26%, while institutional ownership is 91.28%. The most recent insider transaction that took place on Sep 09 ’24, was worth 105,920. In this transaction SR VP Operations of this company sold 571 shares at a rate of $185.50, taking the stock ownership to the 3,250 shares. Before that another transaction happened on Sep 03 ’24, when Company’s Director sold 8,000 for $184.83, making the entire transaction worth $1,478,640. This insider now owns 23,600 shares in total.
Waste Connections Inc (WCN) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 15.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.72% during the next five years compared to 7.33% growth over the previous five years of trading.
Waste Connections Inc (NYSE: WCN) Trading Performance Indicators
You can see what Waste Connections Inc (WCN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.36. Likewise, its price to free cash flow for the trailing twelve months is 38.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.64, a number that is poised to hit 1.20 in the next quarter and is forecasted to reach 5.40 in one year’s time.
Technical Analysis of Waste Connections Inc (WCN)
Waste Connections Inc (NYSE: WCN) saw its 5-day average volume 0.96 million, a positive change from its year-to-date volume of 0.88 million. As of the previous 9 days, the stock’s Stochastic %D was 33.02%. Additionally, its Average True Range was 2.54.
During the past 100 days, Waste Connections Inc’s (WCN) raw stochastic average was set at 68.19%, which indicates a significant increase from 61.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.73% in the past 14 days, which was higher than the 13.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $181.72, while its 200-day Moving Average is $171.79. Nevertheless, the first resistance level for the watch stands at $182.66 in the near term. At $184.88, the stock is likely to face the second major resistance level. The third major resistance level sits at $187.85. If the price goes on to break the first support level at $177.47, it is likely to go to the next support level at $174.50. Assuming the price breaks the second support level, the third support level stands at $172.28.
Waste Connections Inc (NYSE: WCN) Key Stats
There are 258,060K outstanding shares of the company, which has a market capitalization of 46.56 billion. As of now, sales total 8,022 M while income totals 762,800 K. Its latest quarter income was 2,338 M while its last quarter net income were 308,050 K.
