Waste Connections (TSE:WCN) Upgraded by Seaport Res Ptn to “Strong-Buy” Rating

Seaport Res Ptn upgraded shares of Waste Connections (TSE:WCN) to a strong-buy rating in a research report report published on Tuesday,Zacks.com reports.

Separately, William Blair upgraded shares of Waste Connections to a “strong-buy” rating in a report on Thursday, April 3rd.

Waste Connections Stock Performance

Shares of WCN stock opened at C$272.23 on Tuesday. The company has a market capitalization of C$49.48 billion, a P/E ratio of 52.62, a PEG ratio of 2.22 and a beta of 0.72. Waste Connections has a fifty-two week low of C$219.62 and a fifty-two week high of C$284.73. The company has a debt-to-equity ratio of 102.69, a quick ratio of 0.74 and a current ratio of 0.77. The stock has a 50 day moving average price of C$271.42 and a two-hundred day moving average price of C$263.23.

Insiders Place Their Bets

In other news, Senior Officer James M. Little sold 4,200 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of C$274.59, for a total value of C$1,153,266.71. Also, Senior Officer Darrell W. Chambliss sold 13,566 shares of the company’s stock in a transaction on Monday, March 10th. The stock was sold at an average price of C$271.15, for a total value of C$3,678,448.03. In the last 90 days, insiders sold 22,766 shares of company stock worth $6,185,495. 0.21% of the stock is currently owned by company insiders.

Waste Connections Company Profile

Waste Connections is the third- largest integrated provider of traditional solid waste and recycling services in the North America, operating 91 active landfills (12 are E&P waste landfills), 132 transfer stations, and 68 recycling operations. The firm serves residential, commercial, industrial, and energy end markets.