Waste Connections Inc (TSE:WCN) Senior Officer Patrick J. Shea Sells 11,610 Shares
Waste Connections Inc (TSE:WCN) Senior Officer Patrick J. Shea sold 11,610 shares of the business’s stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of C$121.91, for a total value of C$1,415,337.39. Following the sale, the insider now owns 26,269 shares of the company’s stock, valued at approximately C$3,202,368.47.
Shares of TSE WCN traded up C$1.77 during midday trading on Tuesday, hitting C$123.13. 243,089 shares of the stock traded hands, compared to its average volume of 316,654. The company has a market capitalization of $32.92 billion and a P/E ratio of 58.43. Waste Connections Inc has a one year low of C$93.51 and a one year high of C$128.98. The company’s 50 day moving average is C$124.01. The company has a current ratio of 1.05, a quick ratio of 0.93 and a debt-to-equity ratio of 64.74.
Waste Connections (TSE:WCN) last released its quarterly earnings data on Monday, July 29th. The company reported C$0.92 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of C$0.92. The firm had revenue of C$1.83 billion for the quarter, compared to the consensus estimate of C$1.80 billion. Research analysts predict that Waste Connections Inc will post 2.8099999 earnings per share for the current fiscal year.
Several equities research analysts have recently commented on the company. Royal Bank of Canada decreased their price objective on Waste Connections from C$102.00 to C$100.00 and set an “outperform” rating for the company in a report on Wednesday, July 31st. AltaCorp Capital downgraded Waste Connections from an “outperform” rating to a “sector perform” rating in a report on Thursday, April 25th.
Waste Connections Company Profile
Waste Connections, Inc provides waste collection, transfer, disposal, and recycling services in the United States and Canada. The company operates through six segments: Southern, Western, Eastern, Canada, Central, and Exploration and Production (E&P). It offers collection services to residential, commercial, municipal, industrial, and E&P customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.
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