Waste Connections (WCN) versus Its Competitors Head-To-Head Survey
Waste Connections (NYSE: WCN) is one of 20 publicly-traded companies in the “Waste Management, Disposal & Recycling Services” industry, but how does it compare to its peers? We will compare Waste Connections to similar businesses based on the strength of its profitability, risk, dividends, institutional ownership, earnings, valuation and analyst recommendations.
Insider & Institutional Ownership
81.6% of Waste Connections shares are owned by institutional investors. Comparatively, 52.2% of shares of all “Waste Management, Disposal & Recycling Services” companies are owned by institutional investors. 0.6% of Waste Connections shares are owned by company insiders. Comparatively, 12.3% of shares of all “Waste Management, Disposal & Recycling Services” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
This table compares Waste Connections and its peers gross revenue, earnings per share and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Waste Connections||$3.38 billion||$246.54 million||52.45|
|Waste Connections Competitors||$850.65 million||$28.19 million||-388.13|
Waste Connections has higher revenue and earnings than its peers. Waste Connections is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
This table compares Waste Connections and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Waste Connections Competitors||-327.30%||-69.54%||-11.79%|
Waste Connections pays an annual dividend of $0.56 per share and has a dividend yield of 0.8%. Waste Connections pays out 42.4% of its earnings in the form of a dividend. As a group, “Waste Management, Disposal & Recycling Services” companies pay a dividend yield of 1.9% and pay out 98.5% of their earnings in the form of a dividend. Waste Connections has raised its dividend for 7 consecutive years.
Risk and Volatility
Waste Connections has a beta of 0.19, suggesting that its share price is 81% less volatile than the S&P 500. Comparatively, Waste Connections’ peers have a beta of 0.77, suggesting that their average share price is 23% less volatile than the S&P 500.
This is a breakdown of recent recommendations for Waste Connections and its peers, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Waste Connections Competitors||44||277||585||14||2.62|
Waste Connections currently has a consensus price target of $77.74, suggesting a potential upside of 12.29%. As a group, “Waste Management, Disposal & Recycling Services” companies have a potential upside of 9.63%. Given Waste Connections’ stronger consensus rating and higher possible upside, analysts plainly believe Waste Connections is more favorable than its peers.
Waste Connections beats its peers on 12 of the 15 factors compared.
About Waste Connections
Waste Connections, Inc. is a solid waste services company in North America. The Company provides waste collection, transfer, disposal and recycling services in markets in the United States and Canada. The Company operates through six segments: Southern segment, Western segment, Eastern segment, Canada segment, Central segment and E&P segment. Through its R360 Environmental Solutions subsidiary, it also provides non-hazardous exploration and production, or E&P, waste treatment, recovery and disposal services in various natural resource producing areas in the United States. It also provides intermodal services for the rail haul movement of cargo and solid waste containers in the Pacific Northwest through a network of intermodal facilities. As of December 31, 2016, it served residential, commercial, industrial and exploration and production (E&P) customers in 40 states and the District of Columbia in the United States and five provinces in Canada.
Receive News & Stock Ratings for Waste Connections Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Waste Connections Inc. and related stocks with our FREE daily email newsletter.