TSE:WCN

Waste Connections (WCN.TO)

231.82
-0.24 (0.10%)
as of Aug 10, 2026, 8:00:00 pm Market Open.
285 watching
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Investor Insights
star iconAug 10, 2026, 12:00 am

This summary was created by AI, based on 15 opinions in the last 12 months.

Waste Connections (WCN-T) has garnered significant attention from analysts, notably for its unique position in smaller, exclusive markets that offer reduced competition and enhanced pricing power. Many experts applaud the company for its steady revenue growth, with a recent increase of 6% and margins hovering around 33%. Despite experiencing a pullback and a downtrend since early 2025, some experts view this as a buying opportunity given the company's resilience and solid fundamentals. There is a consensus that while the stock may appear pricey with a forward P/E ratio of 27, its defensive nature and the reliable cash flows it generates make it a suitable candidate for long-term investment in an uncertain economic environment. Analysts also highlight the waste management industry's oligopoly structure as a long-term growth driver, despite some pressures on margins from recycling challenges.

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Consensus
Buy
valuation icon
Valuation
Fair Value
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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.
TOP PICK
Very stable business. Waste collections and transfer agents for industrial and commercial customers across North America. Good, strong cash flow generator. Looking for 4%-5% growth.
PAST TOP PICK
In a recession resistant industry. Had a change in CEO, incoming has been with company for a long time.
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