A new trading day began on Tuesday, with Waste Connections Inc (NYSE: WCN) stock price down -1.02% from the previous day of trading, before settling in for the closing price of $178.08. WCN’s price has ranged from $145.35 to $194.83 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 10.39%. Meanwhile, its annual earnings per share averaged 15.38%. With a float of $257.40 million, this company’s outstanding shares have now reached $258.01 million.
The extent of productivity of a business whose workforce counts for 22539 workers is very important to gauge. In terms of profitability, gross margin is 32.54%, operating margin of 19.23%, and the pretax margin is 13.83%.
Waste Connections Inc (WCN) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Waste Management Industry. The insider ownership of Waste Connections Inc is 0.26%, while institutional ownership is 91.21%. The most recent insider transaction that took place on Nov 12 ’24, was worth 187,500. In this transaction SR VP Operations of this company sold 1,000 shares at a rate of $187.50, taking the stock ownership to the 2,250 shares. Before that another transaction happened on Nov 11 ’24, when Company’s Executive VP Engineering sold 2,000 for $185.32, making the entire transaction worth $370,650. This insider now owns 12,317 shares in total.
Waste Connections Inc (WCN) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.38% 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
Here are Waste Connections Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.23. Likewise, its price to free cash flow for the trailing twelve months is 37.30.
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 5.39 in one year’s time.
Technical Analysis of Waste Connections Inc (WCN)
The latest stats from [Waste Connections Inc, WCN] show that its last 5-days average volume of 1.35 million was superior to 0.89 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 2.33%. Additionally, its Average True Range was 2.68.
During the past 100 days, Waste Connections Inc’s (WCN) raw stochastic average was set at 12.45%, which indicates a significant increase from 2.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.25% in the past 14 days, which was lower than the 13.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $183.80, while its 200-day Moving Average is $176.22. Now, the first resistance to watch is $177.99. This is followed by the second major resistance level at $179.73. The third major resistance level sits at $180.78. If the price goes on to break the first support level at $175.20, it is likely to go to the next support level at $174.15. The third support level lies at $172.41 if the price breaches the second support level.
Waste Connections Inc (NYSE: WCN) Key Stats
With a market capitalization of 45.49 billion, the company has a total of 258,063K Shares Outstanding. Currently, annual sales are 8,022 M while annual income is 762,800 K. The company’s previous quarter sales were 2,338 M while its latest quarter income was 308,050 K.
