How to Buy Waste Connections Stock
Waste Connections Inc
Waste Connections is a waste management company located in Ontario, Canada, which is part of the Industrials sector, and is traded under the ticker WCN on the NYSE exchange.
Waste Connections stock last closed at $164.36, down 0.19% from the previous day, and has increased 14.96% in one year. It has underperformed other stocks in the Waste Management industry by 0.06 percentage points. Waste Connections stock is currently +30.32% from its 52-week low of $126.12, and -5.01% from its 52-week high of $173.03.
As of Apr 18, 2024, there are 257.68M WCN shares outstanding. The market value of WCN is $42.35B. In the past 24 hours, 627,894 WCN shares were traded.
How to Buy Waste Connections Stock
Not sure how to invest in Waste Connections stock? Here's how.
- Decide where to buy Waste Connections stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Waste Connections stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Choose your payment method and add your details.
- Evaluate Waste Connections stock: The Waste Connections ticker symbol is WCN. Is Waste Connections stock a good investment? Should you buy shares of WCN? How do WCN's underlying business fundamentals look? Do top analysts think Waste Connections is a good buy? Why has WCN's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if WCN is a good stock to buy).
- Make your WCN buy order: Decide if you will purchase WCN shares at the current market price or use a limit order to purchase WCN shares at a particular price.
- Get notifications regarding your investment in WCN: Create a watchlist to keep track of your new investment in Waste Connections stock.
Step 1: Decide where to buy Waste Connections stock
You will need an online brokerage account to access the NYSE market and buy WCN stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal details so you can invest in WCN today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open a new trading account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have finished signing up on one of the most highly reviewed stock market apps, you need to deposit funds:
Check out the walkthrough below to see the process of depositing funds into your new investment account.
Step 4: Evaluate Waste Connections stock
After you have decided on the best place to buy Waste Connections stock, it's absolutely critical to evaluate their stock before you buy, so you actually wrap your head around the risk as well as the opportunity.
Waste Connections shares data
WCN Overview
WallStreetZen was created to help everyday investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on WCN's stock page.
Is WCN stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge WCN's intrinsic value.
Using relative valuations ratios:
- WCN may be overvalued based on its P/E ratio of 55.53x, relative to Waste Management industry P/E ratio of 16.14x
- WCN may be undervalued based on its P/B ratio of 5.51x, relative to Waste Management industry P/B ratio of 5.78x
- WCN could be overvalued based on its PEG ratio of 1.34x
You can access more valuation research on WCN's stock here.
WCN Financial Overview
Passed Financial Due Diligence Checks:
- WCN's operating cash flow of $2.13B allows it to safely service it's debt of $7.04B.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the WCN balance sheet.
- Total WCN debt is higher than 5 years ago, relative to shareholder equity.
- WCN profit margin has gone down from 11.6% to 9.5% in the past year.
- There are more short-term liabilities than short-term assets on the WCN balance sheet.
- WCN earnings of $1.26B is not enough to cover its interest payments.
- WCN has a relatively high debt to equity ratio of 1.33.
Is Waste Connections stock a Buy, Hold, or Sell, according to analysts?
Out of 13 Wall Street analysts who give recommendations on WCN, the consensus analyst rating on WCN is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent WCN Analyst Upgrades/Downgrades
Devin Dodge, a top 15% analyst from BMO Capital maintains WCN with a buy rating and raises their WCN price target from $166.00 to $178.00, on Feb 15, 2024.
Walter Spracklin, a top 10% analyst from RBC Capital maintains WCN with a buy rating and raises their WCN price target from $169.00 to $182.00, on Feb 15, 2024.
Christopher Mcgratty, a top 21% analyst from JP Morgan maintains WCN with a strong buy rating and raises their WCN price target from $153.00 to $175.00, on Feb 15, 2024.
Bryan Burgmeier, a top 27% analyst from Citigroup maintains WCN with a hold rating and raises their WCN price target from $136.00 to $163.00, on Jan 18, 2024.
Colin Rusch, a bottom 14% analyst from Oppenheimer maintains WCN with a buy rating and raises their WCN price target from $154.00 to $155.00, on Jan 12, 2024.
You can dig deeper into what analysts are forecasting on the Waste Connections stock forecast page.
Metrics for Advanced WCN Traders
How is WCN performing as a company?
Last year, WCN earnings were $762.80M. During the past 5 year, WCN's earnings have gone up by 7.41% per year. This was slower than the Waste Management industry average of 8.96%.
Last year, WCN revenue was $8.02B. In the last 5 year, WCN's revenue has grown by 10.26% per year. This was faster than the Waste Management industry average of 10.16%.
You can research WCN's earnings and revenue performance here.
What are WCN insiders up to?
Over the past year, executives and large shareholders at WCN have sold more shares than they have bought.
Edward E. Guillet, Director of WCN, was the latest WCN insider to sell. They sold $337,590.00 worth of WCN stock on Mar 7, 2024.
Dig into more about who owns WCN stock here.
Can I get consistent income from WCN stock?
Waste Connections pays a dividend of 0.66%, compared to the Waste Management industry's average dividend yield of 0.83%. If you owned $1,000 of WCN stock, you would have received $6.57 in the past 12 months.
Waste Connections dividend payments have consistently grown over the past decade but have not remained stable.
Find more info about Waste Connections dividend yield and history here.
What do other traders have to say about WCN?
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Step 5: Make your WCN buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, place a limit order.
Press the Open Trade button and your broker will place your order.
If you require additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your investment in WCN
Now that you own some WCN stock, you'll want to keep up with your new stock purchase.
Create a watchlist to get alerted to the latest events about your WCN stock.
WCN Feed
How to Buy Stock in Waste Connections
To reiterate, here are the 6 steps to buy stock in Waste Connections:
- Decide where to buy Waste Connections stock
- Open a brokerage account
- Fund your brokerage account
- Evaluate Waste Connections stock
- Make your WCN buy order
- Get notifications regarding your investment in WCN
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Waste Connections, hit the button below to create your watchlist.
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