TSE:WCN

Waste Connections (WCN.TO)

227.67
-2.36 (1.03%)
as of Sep 4, 2026, 5:03:29 pm Market Open.
288 watching
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Investor Insights
star iconSep 4, 2026, 12:00 am

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.

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Consensus
Buy
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Valuation
Fair Value
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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.
PAST TOP PICK
(A Top Pick Apr 8/11. Down 11.12%.) Had an unexpected change in their CEO. As the market gets to know him, they will like him which will be positive.
PAST TOP PICK
(Top Pick Mar 22/11, Down 4.02%) Not concerned about the decline and is keen on it still. Industry was consolidating.
PAST TOP PICK
(Top Pick Mar 24/11, Down 6.31%) Likes the fundamentals and thought it was fairly non-cyclical. But they have experienced a fair amount of price competition in their US northeast division. He made some profit.
DON'T BUY
Very complex accounting and unless you have a strong accounting background and are in the kind of accounting you need for an environmental site, he would stay away.
PAST TOP PICK
(A Top Pick April 8/11. Down 10.14%.)
PAST TOP PICK
(A Top Pick April 8/11. Down 10.14%.)
DON'T BUY
Charts aren’t telling us much. It had a little bit of a bottom last August and another test in December and is now into a bit of an upward trend. It's close to meeting its upward resistance. There are probably better opportunities elsewhere.
BUY
There is a great deal of consolidation in waste management. What they have done, which is very, very smart, is expanding in areas contiguous with the areas where they already have operational efficiencies. Good entry point, but you will have to be patient with this stock.
TOP PICK
Focused on garbage and waste hauling in North America. Last quarter disappointed in terms of the US division, but he thinks that was a combination of one-time items. Valuation is very attractive. Management says they are going to focus more on shareholders. Expect a dividend increase as well as share buyback.
SELL
(Market Call Minute) Too hard to analyze. Financials are too complex.
TOP PICK
Well positioned in a recessionary environment. Extremely well-managed in strategic tuck in acquisitions for synergies. 3rd quarter was a disappointment because of their Northeast US operations. Results in Canada and southern US were in-line. Good price.
DON'T BUY
A defensive, overvalued name. Have not demonstrated they are recession-proof. Disappointed with exposure to broad economic conditions.
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