Waste Connections, Inc.

Fundamentals8.0
Price Action6.0
News Sentiment7.0
AI Rating
7.0

Key Drivers

  • High margins
  • Heavy capex
  • Leverage risk

AI
AI Summary

7.0

WCN is now a credit-and-cash-flow story: sustaining >$1bn recurring FCF and another ~70–100bps of margin expansion (with net debt/EBITDA moving toward <2.5x) is the clearest path to re-rate the stock, while RIN/commodity shocks, volume weakness or higher refinancing costs that compress FCF will drive rapid multiple contraction. Actionable: monitor quarterly FCF, EBITDA margin, RIN exposure and upcoming refinancing — trim size if FCF falls below ~$1bn or net leverage drifts back above ~3x.

CashFlow
RINRisk
Leverage‍

Price Chart

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Financial Metrics

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Revenue (TTM)
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Net Income (TTM)
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EPS (Q)
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MCAP

Deep Analysis

Research tool. Not personalized advice.

Fundamental Analysis

8.0

Key Financial Insights:

  • High margins
  • Heavy capex
  • Leverage risk

WCN generates strong, high-margin cash flow and covers dividends with robust FCF, but low liquidity, heavy capex-driven asset intensity and substantial leverage amid rich multiples and large intangibles raise valuation and credit concerns.

CashFlow
HighLeverage

Price Behavior

6.0
Research tool. Not personalized advice. Technical analysis is for informational purposes only.

Key Price Behavior Insights:

  • Short-term weakness
  • Near support
  • Resistance overhead

Over the last month WCN weakened from early‑March highs near $173 to close at $162.59 on 2026-03-20, trading ~2.9% below its ~$167.5 short-term SMA and sitting on support at $162.5–$163.3 while $172–$174 is required to restore bullish momentum.

bearish
watch
Support Level: $162.50–$163.30
Resistance Level: $172.00–$174.00

Pullback from ~$173 highs to $162.59 in the last month indicating short-term downside pressure

Sentiment & News

7.0

Key News Insights:

  • Strong analyst sentiment
  • $600M senior notes
  • Mixed institutional activity

Waste Connections shows strong analyst backing and active long-term refinancing (priced $600M 4.80% notes due 2036) amid mixed institutional flows and noted liquidity concerns.

buy
balanced

The refinancing strengthens the balance sheet and supports growth, but liquidity flags and investor trimming could weigh on near-term share momentum