<div id="readability-page-1"><p>Investment analysts at Stifel Nicolaus initiated coverage on shares of <span>Waste Connections (NYSE:WCN - Get Free Report)</span> in a research note issued to investors on Tuesday. The brokerage set a &#34;buy&#34; rating and a $221.00 price target on the business services provider's stock. Stifel Nicolaus' price objective points to a potential upside of 25.56% from the company's previous close.</p><div><p><span></span><span>Get <strong>Waste Connections</strong> alerts:</span></p></div><ul><li>Waste Management: Is it a good use of your time?</li></ul><p>Other equities analysts have also issued reports about the company. Melius Research raised Waste Connections to a &#34;strong-buy&#34; rating and set a $213.00 target price on the stock in a research report on Monday, June 9th. Oppenheimer upped their price target on Waste Connections from $216.00 to $218.00 and gave the company an &#34;outperform&#34; rating in a research report on Wednesday, July 9th. Scotiabank upped their price target on Waste Connections from $202.00 to $208.00 and gave the company a &#34;sector perform&#34; rating in a research report on Friday, July 25th. Royal Bank Of Canada dropped their price target on Waste Connections from $221.00 to $219.00 and set an &#34;outperform&#34; rating on the stock in a research report on Friday, July 25th. Finally, Melius assumed coverage on Waste Connections in a research report on Monday, June 9th. They issued a &#34;buy&#34; rating on the stock. Five research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have assigned  a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of &#34;Buy&#34; and a consensus target price of $213.64.</p><p><b>Check Out Our Latest Research Report on WCN</b></p><h2>Waste Connections Trading Up 1.0%</h2><ul><li>The 10 Top-Rated Stocks by Wall Street Analysts in August 2021</li></ul><p>Shares of NYSE:WCN traded up $1.71 during trading on Tuesday, reaching $176.01. 36,491 shares of the stock were exchanged, compared to its average volume of 1,132,930. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.67 and a current ratio of 0.67. Waste Connections has a 12-month low of $169.36 and a 12-month high of $201.66. The firm has a market cap of $45.16 billion, a price-to-earnings ratio of 70.84, a price-to-earnings-growth ratio of 3.11 and a beta of 0.61. The firm's 50-day moving average price is $182.10 and its 200 day moving average price is $187.70. </p><p>Waste Connections (NYSE:WCN - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The business services provider reported $1.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.25 by $0.04. The business had revenue of $2.41 billion during the quarter, compared to analysts' expectations of $2.39 billion. Waste Connections had a return on equity of 15.72% and a net margin of 6.97%.The company's revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.24 EPS.  Waste Connections has set its FY 2025 guidance at  EPS. On average, sell-side analysts anticipate that  Waste Connections will post 5.28 earnings per share for the current fiscal year. </p><h2>Institutional Investors Weigh In On Waste Connections</h2><p>A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Asset Dedication LLC acquired a new stake in  Waste Connections in the 2nd quarter valued at approximately $28,000.  Ramirez Asset Management Inc. boosted its stake in  Waste Connections by 122.0% in the 1st quarter. Ramirez Asset Management Inc. now owns 182 shares of the business services provider's stock valued at $36,000 after buying an additional 100 shares in the last quarter.  Larson Financial Group LLC boosted its stake in  Waste Connections by 994.4% in the 1st quarter. Larson Financial Group LLC now owns 197 shares of the business services provider's stock valued at $38,000 after buying an additional 179 shares in the last quarter.  AlphaCore Capital LLC acquired a new stake in  Waste Connections in the 2nd quarter valued at $39,000.  Finally, Valley National Advisers Inc. boosted its stake in  Waste Connections by 232.3% in the 1st quarter. Valley National Advisers Inc. now owns 216 shares of the business services provider's stock valued at $41,000 after buying an additional 151 shares in the last quarter. 86.09% of the stock is owned by hedge funds and other institutional investors. </p><h2>Waste Connections Company Profile</h2> (Get Free Report)<p>Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&amp;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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Waste Connections</li><li>Trading Halts Explained</li><li>Fundamentals Say Bet Against the Recent Adobe Downgrade </li><li>What is the FTSE 100 index? </li><li>AppLovin Stock Momentum Builds With $800+ Analyst Price Target</li><li>How to invest in marijuana stocks in 7 steps </li><li>Which National Chains Do People Wish Were in Their State? [2025 Survey]</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdDTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdDTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Waste Connections Right Now?</h2><p>Before you consider Waste Connections, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Waste Connections wasn't on the list.</p><p>While Waste Connections currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Stifel Nicolaus has initiated coverage on Waste Connections (NYSE:WCN) with a "buy" rating and a target price of $221.00, indicating a potential upside of 25.56%. Other analysts have also rated the stock positively, with a consensus rating of "Buy" and an average target price of $213.64. Waste Connections recently reported earnings of $1.29 per share, exceeding estimates, and its revenue increased by 7.1% year-over-year. The stock is currently trading at $176.01, up 1.0%.</p>

Waste Connections (NYSE:WCN) Earns Buy Rating from Analysts at Stifel Nicolaus