TSE:WCN

Waste Connections (WCN.TO)

237.25
-3.13 (1.30%)
as of Jul 21, 2026, 8:00:00 pm Market Open.
284 watching
0
Investor Insights
star iconJul 21, 2026, 12:00 am

This summary was created by AI, based on 14 opinions in the last 12 months.

Waste Connections (WCN-T) is viewed positively by several experts, primarily due to its position in a defensive and stable industry that is less sensitive to economic fluctuations. While some analysts appreciate the company's strong management and solid growth prospects, particularly in cash flow, others express concerns regarding its current stock performance and valuation metrics, with reports of lower highs and lows on the charts. Despite being fundamentally sound with a projected earnings growth of around 10%, the stock trades at a high forward P/E ratio, leading to mixed feelings about its attractiveness at present. Acquisitions aimed at smaller markets and a focus on employee safety enhance its reputation, but recent challenges, including a chemical incident in California and fuel costs, have impacted investor sentiment. In summary, while considered a valuable part of a diversified portfolio, timing for a new position is crucial given market volatility and external pressures.

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Consensus
Positive
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Valuation
Fair Value
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Similar
WM
BUY

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.

BUY

Has been out of favour. Chart shows it had a falling wedge, which is very bullish. Thinks this is just the early part of an advance.

PAST TOP PICK

(Top Pick Oct 07/11, Down 13.26%) Pretty recession proof business but operations are where this company got challenged here. 3% yield is safe and should have supported the stock better.

TOP PICK

Pays a bit of a dividend and fundamentals are positive although not fully developed. If it holds here it is a support level. He put a tight stop on it. It has come off to near this support level.

PAST TOP PICK

(Top Pick Oct 31/11, Down 2.51%)

BUY

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.

PAST TOP PICK

(A Top Pick Aug 23/11. Down 4.78%.) Well managed company. Unlike some of their larger competitors, they are still able to acquire similar companies without running into antitrust etc. Could see it around $25 in 12 months.

PAST TOP PICK

(A Top Pick Aug 9/11. Up 4.71%.) Likes the attributes of this business. Big free cash flow generator.

PAST TOP PICK
(A Top Pick July 22/11. Down 9.18%.)
TOP PICK
Stock is undervalued. Thinks lately the stock has been overwhelmed by some of the problems they have had in the north east US. Investors have not been looking at their more steady Canadian operations. Also, materials that they resell have had lower prices. Have always been very smart on their acquisitions and strategic on getting acquisitions close to their existing operations. Expecting the ROE to increase over the next few years. $26 is very doable.
DON'T BUY
Fundamentally it does not look good. There was some fairly good support at $19. Beginning of June it dropped below $18 but is now back up to about the $19 level but it is not strong. Low volume.
COMMENT
A great business. He had recommended a Sell recently because, even though garbage is one of the more recession resistant businesses, they have been having problems in the Northeast, where some of the municipalities are strapped for cash and are not able to give any increases in fees. Also, builders waste has been a big part of their operation and housing has not been great.
PAST TOP PICK
(Top Pick Jul 22/11, Down 13.77%) View was that there was going to be consolidation. Instead margin shave come under pressure. Due to slow recovery in US there has not been growth in US.
BUY
Has made a lot of acquisitions, but tended to be strategic. In the not too distant past he had it as a Top Pick. It has been an extremely well managed company. They have had a lot of competition in the North East US. Over the next year or two we should see their earnings back up. It is at a reasonable multiple. Thinks it has real underlying value. In the last quarter they were hit by higher fuel prices and lower prices for recycling products.
HOLD
Very well-managed company. Just missed on their earnings today but that was on weakness in the northeast sector of their markets. Have been making very good strategic acquisitions. Expecting an improvement in their profitability over the next few years.
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