Waste Connections, Inc. (NYSE:WCN) went down by -5.14% from its latest closing price when compared to the 1-year high value of $105.17 and move down -47.15%, while WCN stocks collected -15.26% of loss with the last five trading sessions. Press Release reported on 03/04/20 that Waste Connections Announces Pricing Of $500 Million Of Senior Notes
Waste Connections, Inc. (NYSE:WCN) Worth an Investment?
Waste Connections, Inc. (NYSE: WCN) scored price to earnings ratio above its average ratio, recording 33.35 times of increase in earnings at the present.
WCN Market Performance
WCN stocks went down by -15.26% for the week, with the monthly drop of -29.49% and a quarterly performance of -20.82%, while its annual performance rate touched -18.66%. The simple moving average for the period of the last 20 days is -21.29% for WCN stocks with the simple moving average of -23.13% for the last 200 days.
Analysts’ Opinion on Waste Connections, Inc. (NYSE:WCN)
Many brokerage firms have already submitted their reports for WCN stocks, with Goldman repeating the rating for WCN shares by setting it to “Neutral”. The predicted price for WCN socks in the upcoming period according to Goldman is $94 based on the research report published on March 13, 2020.
Oppenheimer, on the other hand, stated in their research note that they expect to see WCN stock at the price of $94. The rating they have provided for WCN stocks is “Outperform” according to the report published on February 28, 2020.
JP Morgan gave “ Neutral” rating to WCN stocks, setting the target price at $98 in the report published on January 23, 2020.
WCN Stocks -25.52% Far from 50 Day Moving Average
After a stumble in the market that brought WCN to its low price for the period of the last 52 weeks, Waste Connections, Inc. was unable to take a rebound, for now settling with -32.04% of loss for the given period.
The stock volatility was left at 5.77%, however, within the period of a single month, the volatility rate increased by 7.30%, while the shares sank at the distance of -28.44% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -24.82% lower at the present time.
In the course of the last 5 trading sessions, WCN went down by -15.26%, which changed the moving average for the period of 200 days to the total of -23.68% of losses for the stock in comparison to the 20-day moving average settled at $89.38. In addition, Waste Connections, Inc. saw -21.28% in overturn over the period of a single year with a tendency to cut further losses.
WCN Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Waste Connections, Inc. (WCN), starting from LITTLE JAMES, who sold 3,000 shares at the price of $99.28 back on Mar 03. After this action, Rushing now owns 27,014 shares of Waste Connections, Inc., valued at $297,840 with the latest closing price.
Shea Patrick James, the Exec VP, General Counsel & Sec of Waste Connections, Inc., sold 9,000 shares at the value of $98.00 during a trade that took place back on Mar 02, which means that Shea Patrick James is holding 21,706 shares at the value of $882,039 based on the most recent closing price.
WCN Stock Fundamentals
The current profitability levels are settled at +16.91 for the present operating margin and +26.83 for gross margin. The net margin for Waste Connections, Inc. stands at +10.52. Total capital return value is set at 8.22, while invested capital returns managed to touch 5.13. Equity return holds the value 8.40%, with 4.30% for asset returns.
Based on Waste Connections, Inc. (WCN), the company’s capital structure generated 65.77 points for debt to equity in total, while total debt to capital is set at the value of 39.68. Total debt to assets is settled at the value of 32.99 with long-term debt to equity ratio rests at 5.68 and long-term debt to capital is 65.10.
The value for Enterprise to Sales is 5.29 with debt to enterprise value settled at 0.16. The receivables turnover for Waste Connections, Inc. is 8.45 with the total asset turnover at the value of 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.12.