Waste Connections, Inc (WCN) Stock AnalysisWCNWaste Connections, Inc

Waste Connections, Inc. is an integrated solid waste services company that provides non-hazardous waste collection, transfer, and disposal services, including by rail, along with resource recovery primarily through recycling and renewable fuels generation. The Company operates through six geographic solid waste operating segments, which include Southern, Western, Eastern, Central, Canada and MidSouth. The Company serves approximately nine million residential, commercial, and industrial customers in secondary markets across 46 states in the United States and six provinces in Canada. It also provides non-hazardous oilfield waste treatment, recovery and disposal services across the United States and Canada, as well as intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest. It also provides non-hazardous oil and natural gas exploration and production (E&P) waste treatment, recovery and disposal services and intermodal services. It operates in the Industrials sector (REFUSE SYSTEMS industry).

Waste Connections is a good buy right now due to its strong recent performance and positive financial indicators. The current price is $186.60, and the stock has shown a 5-day change of +11.14% and a year-to-date change of +7.17%. Additionally, the company reported a 7% year-over-year increase in Q3 revenue to $2.6 billion, indicating robust growth. However, the main risk is the hedge fund selling trend, which has increased by 702.62% over the last quarter, suggesting potential downward pressure on the stock.

14 analysts cover WCN: 12 rate it Buy, 2 Hold and 0 Sell. The average price target is 205.54.