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
0
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
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Valuation
Fair Value
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WM
BUY
Extremely well managed. A great long-term holding. Great track record of organic and acquisition growth. Relatively recession proof.
BUY
Waste management in Canada and US. This is a defensive business. Recently raised some equity to pay down debt. Very solid revenue growth. Long-term hold.
TOP PICK
Strong quarterly results. Organic growth was in the 8%-10% range. Good prospects going forward.
TOP PICK
2nd largest player in Canada and 5th in North America. Issues with shorter life in their landfills should be resolved. Good history of increased distributions.
COMMENT
A great business with the ability to pass on price increases. Payout ratio of about 94%.
BUY
A core position in her funds. A great business. Good management. Have achieved 7%-9% organic growth over the last 3 or 4 years.
BUY
6th largest solid waste management company in North America. Have recovered quite nicely. Coming off very strong Q3 results. Expect they can grow quite nicely organically. Will benefit from a strengthening US$.
TOP PICK
A very defensive name. Garbage disposal. In five provinces of Canada and have expanded into the US. About 60% of their revenues and cash flow comes from the US now.
BUY
A good name to hold. Has possibilities to do some interesting things. 60% of its EBITDA comes from the US. Stable and good management.
TOP PICK
(A Top Pick June 23/06. Down 7.2%.) A good quality business trust. 4th or 5th largest waste management in North America. Q3 numbers show a 12% increase in Canada and 10% in the US.
PAST TOP PICK
(A Top Pick July 6/06. Up 7.8%.) Yields about 6%. The ideal business trust because of high barriers to entry, experienced management.
PAST TOP PICK
(A Top Pick May 5/06. Up 8.7%.) A quality name in the business trust area. Pretty fully valued at this point. Should continue to deliver pretty good growth.
PAST TOP PICK
(A Top Pick June 20/06. Up 13% plus the dividend.) A good solid business.
PAST TOP PICK
(A Top Pick July 6/06. Up 6.2%.) Nothing can be more boring, but stable, then hauling trash. Would still buy.
TOP PICK
(A Top Pick Dec 2/05. Down 4%.) In an economy where there may be some de-acceleration of earnings, this is a defensive holding. Is good at making acquisitions. Good landfill holdings.
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