TSE:WCN

Waste Connections (WCN.TO)

230.03
+3.00 (1.32%)
as of Sep 3, 2026, 8:00:00 pm Market Open.
288 watching
0
Investor Insights
star iconSep 3, 2026, 12:00 am

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

Waste Connections (WCN) is recognized as a strong player in the waste disposal industry, with a reputation for owning a significant part of the waste disposal ecosystem. Experts highlight its profitable track record and robust balance sheet, projecting continued growth with consistent capital allocation. The company benefits from operating in smaller, less competitive markets, which provides pricing power and predictable revenue streams. Recent performance indicates solid revenue growth and margin improvement, but there are concerns about valuation and technical indicators suggesting a cautious approach for new investments. Analysts largely maintain a positive outlook, advocating for potential entry points during any market pullbacks.

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Consensus
Buy
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Valuation
Fair Value
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WM
TOP PICK
A recession proof industry. Growth is 4% in Canada and 7% in the US. Great marketing strategy. High internalization rate. Recently made some good acquisitions which will give them good leverage. Relatively conservative payout ratio.
BUY
A very experience management team that is not only good at handling non-hazardous waste, but are also good at making acquisitions.
TOP PICK
Garbage is a recession proof business. A very solid company. Company has maximized growth by doing tuck-in acquisitions and by looking for new platform acquisitions.
BUY
Just raised $400 million to acquire IESI and has come under pressure. Good price.
WAIT
A wonderful business. Has some organic growth. Price is dropping because of a large merger they are putting in place with IESI out of Texas and a purchase of Ridge Landfill in Ontario. Both of these moves are going to be very beneficial, however, they will have to sell a great deal of equity in the next month.
BUY
One of the top business trusts in Canada. Has been very good at making tuck-in acquisitions. Just made a big acquisition in the US which is accretive from day one. Needed a big footprint in the US to grow.
BUY ON WEAKNESS
Expensive. Expectations that there are a string of applications coming. Should continue to see distribution increases. Low payout ratio.
TRADE
Very strong speculation and reports that they are in the process of making some serious acquisitions which will take the company to a new level.
DON'T BUY
Had very strong second-quarter results. Increased its distribution by 10%. Should continue to grow and make accretive acquisitions. Fully priced.
TOP PICK
Good-quality management team. Relatively low debt. Relatively low payout ratio in. Can grow organically.
BUY
Stable business. Have done a good job of consolidating. Recently received a time/space extension on their Québec property.
TOP PICK
Good management team. Relatively low payout ratio. Relatively low debt. Just recently got approval from the Québec government to expand their landfill holdings.
BUY
Well run.
STRONG BUY
People will have to pay to have their garbage picked up.
DON'T BUY
There is still opportunity for growth. Fairly priced now.
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