
TSE:WCN
This summary was created by AI, based on 15 opinions in the last 12 months.
Waste Connections (WCN) is viewed as a solid investment within the waste disposal sector, praised for its dependable cash flow, strong balance sheet, and historical profitability. Analysts emphasize the company's unique position of owning a vertically integrated waste disposal ecosystem, providing it with pricing power in exclusive markets. Despite facing challenges such as escalating costs and some operational issues, the company has demonstrated resilience with positive revenue growth and promising earnings projections. Many experts cite its defensive nature against economic fluctuations, making it a reliable choice for long-term portfolios, alongside some potential for future acquisition growth in a largely oligopolistic industry. However, some caution against entering too aggressively at current price levels, suggesting that a price pullback could present a more attractive entry point.
Three things for sure in life: death, taxes and garbage. As the economy grows there is more garbage. More industrial and residental waste. Has been pretty quiet, then last quarter started showing signs of life. Bin still sees a lot of opportunity for consolidation, so dividends aren't necessarily in the future.
Involved in consolidation in the solid waste management. Did a huge US acquisition so has more volume in the US than it has in Canada. Stock hasn’t done much. He views the opportunity here as building a large-scale company in a very fragmented industry, in both Canada and US, growing revenue and earnings over time. 2.8% dividend.
Thinks there is real value here. Turned out to be a bit more of a cyclical of an industry than people had thought. When manufacturing went down, commercial waste went down which had an impact on this company. Right now conditions are good. Still an industry that is in need of some consolidation. Wouldn’t be surprised to see a dividend increase in 2014. Yield of 2.36%.