Waste Connections Receives Average Price Target of $160.63 from Brokerages

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Waste Connections ($NYSE:WCN) Inc. (WCN) has recently received an average price target of $160.63 from brokerages. A leader in the solid waste and environmental services industry, Waste Connections has operations in the United States, Canada, and Puerto Rico. The company provides collection, transfer, disposal services, and recycling and resource recovery services in mostly exclusive and secondary markets. Through its subsidiaries, Waste Connections delivers its services to residential, commercial, industrial, and exploration and production customers. Waste Connections is committed to effective waste management and environmental protection.

With a focus on safety, the company ensures that its services meet all relevant regulations. It also works with customers to create customized solutions that meet their individual needs. Waste Connections is well-positioned to benefit from the increasing demand for its services and the expansion of its operations. The average price target set by brokerages reflects these positive developments for Waste Connections Inc. Investors are likely to be drawn to the stock’s potential for growth, as well as its commitment to environmental protection and safety.

Price History

On Tuesday, shares of Waste Connections Inc. (WASTE) opened at $147.8 and closed at $148.6, down 0.4% from the last closing price of $149.3. It is important to note that these estimates are subject to change over time. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Waste Connections. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Waste Connections. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Waste Connections. More…

Key Ratios Snapshot

Some of the financial key ratios for Waste Connections are shown below. More…

Analysis

GoodWhale has conducted an analysis of WASTE CONNECTIONS‘ wellbeing, and based on the Star Chart, WASTE CONNECTIONS is classified as a “gorilla”, a type of company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. This indicates that WASTE CONNECTIONS is attractive to investors who are interested in long-term, high-yield investments. Furthermore, WASTE CONNECTIONS has a high health score of 8/10 with regards to its cash flow and debt, which indicates that the company is well-equipped to sustain future operations through financial crises. Specifically, WASTE CONNECTIONS scores strongly in dividend, growth, and profitability. However, the company appears to be relatively weak in asset. More…

Peers

The company’s operations include solid waste collection, transfer, disposal, and recycling. Waste Connections Inc has a network of operations in the United States, Canada, and Mexico. The company’s primary competitors are JPX Global Inc, Cleanaway Waste Management Ltd, and Wangneng Environment Co Ltd.

– JPX Global Inc ($OTCPK:JPEX)

JPX Global Inc is a leading provider of innovative technology solutions. The company has a market capitalization of $42.81 million and a return on equity of 9.79%. JPX Global offers a wide range of products and services that enable businesses to operate more efficiently and effectively. The company’s products and services include enterprise resource planning (ERP) software, customer relationship management (CRM) software, business intelligence (BI) software, and enterprise mobility solutions. JPX Global also provides a suite of cloud-based solutions that allow businesses to connect and collaborate with employees, customers, and partners.

– Cleanaway Waste Management Ltd ($ASX:CWY)

Cleanaway Waste Management Ltd is an Australian environmental services company. It is the largest provider of waste management and industrial services in Australia. The company has a market capitalization of $5.99 billion as of 2022 and a return on equity of 3.57%. Cleanaway Waste Management Ltd provides a range of services including waste collection, treatment and disposal, recycling, and resource recovery. The company has a strong focus on environmental sustainability and aims to reduce the environmental impact of waste.

– Wangneng Environment Co Ltd ($SZSE:002034)

Wangneng Environment Co Ltd is a Chinese company that focuses on environmental protection. The company has a market cap of 8.34 billion as of 2022 and a return on equity of 11.53%. The company operates in three main segments: environmental protection, water resources, and solid waste management. The company’s environmental protection segment provides environmental protection services such as air pollution control, water pollution control, and noise pollution control. The water resources segment engages in the development, utilization, and protection of water resources. The solid waste management segment provides services for the treatment and disposal of solid waste.

Summary

Waste Connections, Inc. is a company involved in the waste management and environmental services industry, and its stock is attracting attention from investment analysts. On average, brokerages have set a price target of $160.63 for the stock. Analysts are optimistic about the company’s long-term prospects, citing strong demand from businesses seeking efficient waste management services and increased efficiency within the industry. The company’s financials show that it has been able to increase revenue and profitability over the past year, and it is continuing to expand its presence in North America and Europe. Analysts also see potential growth opportunities in new markets, such as Asia and Latin America.

In addition, Waste Connections has been diversifying its operations into new areas such as renewable energy production and waste-to-energy solutions. With its strong financials, solid fundamentals, and growth prospects, analysts believe Waste Connections could be a good investment for those looking to diversify their portfolios.