TSE:WCN

Waste Connections (WCN.TO)

240.38
-0.59 (0.24%)
as of Jul 20, 2026, 8:00:00 pm Market Open.
284 watching
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Investor Insights
star iconJul 20, 2026, 12:00 am

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

Waste Connections (WCN) is recognized as a leader in the waste management sector, considered a defensive and stable investment, especially in uncertain economic climates. While the company has displayed steady fundamentals, some experts highlight recent technical downtrends and a lack of excitement in the stock's performance, cautioning against starting a position amid signs of a potential continued decline. Analysts appreciate the company's disciplined management, consistent cash flows, and history of making strategic acquisitions, contributing to organic growth, albeit at a premium valuation. Despite the challenging environment, with elevated interest rates and market volatility, WCN is viewed as a reliable long-term hold, suitable for a conservative portfolio allocation.

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Consensus
Positive
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Valuation
Fair Value
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PAST TOP PICK
(A Top Pick Apr 01/19, Up 19%) A commodity space but it is well managed. The management team has been there since 20 years. They have owned it since the acquisition of Progressive Waste Connections. They are great at acquisitions and they convert cashflow to free cashflows. It has had 17 years of positive shareholder returns.
PAST TOP PICK
(A Top Pick Oct 24/19, Up 9%) It is a core holding for his fund. It provides defense to a portfolio. The US market is still very fragmented so they can make more acquisitions. He would be adding meaningfully on any pullback.
TOP PICK
It's enjoyed a long uptrend, then consolidated recently and is now moving up. You can buy this, then don't worry about it. It keeps on trucking. Business (trash collecting) is good. Pays a good dividend. (Analysts’ price target is $136.12)
PAST TOP PICK
(A Top Pick Oct 01/19, Down 1%) It's been sideways since June, so he's a little worried that it may break lower. If it does, he will reduce his position. It's in the penalty box, but he likes it.
TOP PICK
Three years ago, it merged with Progressive Waste Solutions to become a leader in waste collection. WCN has a strong balance sheet and low-cost disposal services. It's still a fragmented, local industry while WCN is a massive national company. (Analysts’ price target is $130.90)
PAST TOP PICK
(A Top Pick Aug 13/19, Down 1%) A core holding of his. He's sticking with it though it's been on a downtrend since July--it's in a consolidation period. Loves the chart.
TOP PICK
Fantastic chart. It recently corrected a bit, then touched support and the past week has been re-accelerating, trying to reach higher.
COMMENT
It's done pretty well but waste is economically sensitive. A lot of it is linked to building waste, etc. Never wrong to take a profit, especially if we foresee a slowdown.
PAST TOP PICK
(A Top Pick Oct 03/18, Up 30%) A defensive stock with a low beta, which is how he has been tilting his overall portfolio over the past year or so.
DON'T BUY
A very expensive stock. It's grown by acquisition with some organic growth. Too rich for him. There is some cyclicality, as during the Recession, with less garbage produced, and there's an environmental push for less garbage. Well-managed, though, and in a good business.
HOLD
The chart looks great. Needs a plan for this stock. There is support in the down side, but would watch where it holds. If it holds, it should move up more aggressively.
BUY
Garbage is a great business to be in. Great job of making acquisitions and capital allocations. Still buying it here.
TOP PICK
Awesome chart with a long-term uptrend. Look at all the money in garbage. Sleep at night owning this and collect the dividend. (Analysts’ price target is $130.19)
TOP PICK
The biggest and most investible garbage company out there. In life, death, taxes and garbage are certainties. Recent earnings weer mixed: volumes were up, margins down. It's a little cyclical because of construction garbage, but they own their own landfills and trucks. This is a great long-term investment. (Analysts’ price target is $130.06)
BUY ON WEAKNESS
The valuation is very high. His model price is just over $90 -- a bid discount on current prices. He would be a buyer at $72. People are just paying too much for future growth potential.
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