Waste Connections, Inc. (TSE:WCN - Get Free Report) insider James Little sold 2,000 shares of the company's stock in a transaction that occurred on Tuesday, October 27th. The stock was sold at an average price of C$258.79, for a total value of C$517,580.00. Following the completion of the sale, the insider owned 32,395 shares in the company, valued at approximately C$8,383,502.05. This represents a 5.81% decrease in their position.
Waste Connections Trading Down 0.5%
Waste Connections stock opened at C$266.73 on Friday. The firm has a market cap of C$66.75 billion, a PE ratio of 59.80, a P/E/G ratio of 2.22 and a beta of 0.53. Waste Connections, Inc. has a 12 month low of C$203.46 and a 12 month high of C$273.33. The stock's 50 day simple moving average is C$232.42 and its two-hundred day simple moving average is C$227.94. The company has a current ratio of 0.67, a quick ratio of 0.74 and a debt-to-equity ratio of 123.96.
Waste Connections Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Thursday, November 19th will be paid a $0.3850 dividend. This represents a $1.54 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Thursday, November 5th. Waste Connections's payout ratio is currently 31.39%.
Analysts Set New Price Targets
Separately, UBS Group raised shares of Waste Connections from a "hold" rating to a "buy" rating and set a C$200.00 price target on the stock in a report on Friday, September 18th. Five analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Strong Buy" and an average price target of C$200.00.
View Our Latest Stock Analysis on WCN
Waste Connections Company Profile
(
Get Free Report)
Waste Connections ( wasteconnections.com ) 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 serves approximately nine million residential, commercial and industrial customers in mostly exclusive and secondary markets across 46 states in the U.S. and six provinces in Canada. Waste Connections also provides non-hazardous oilfield waste treatment, recovery and disposal services in several basins across the U.S.
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