BB&T Analysts Begin Coverage on Waste Connections (WCN)

By admin | 6 years ago

Investment analysts at BB&T (NYSE: BBT) assumed coverage on shares of Waste Connections (NYSE: WCN) in a note issued to investors on Wednesday. The firm set a “hold” rating on the stock.

Shares of Waste Connections traded down 0.29% during mid-day trading on Wednesday, hitting $31.14. Waste Connections has a one year low of $29.06 and a one year high of $35.95. The company has a market cap of $3.841 billion and a P/E ratio of 22.32.

Waste Connections last issued its quarterly earnings data on Wednesday, April 25th. The company reported $0.32 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.32. Waste Connections’s revenue was up 13.5% compared to the same quarter last year. On average, analysts predict that Waste Connections will post $0.41 earnings per share next quarter.

Separately, analysts at Goldman Sachs (NYSE: GS) cut their EPS estimates on shares of Waste Connections in a research note on Tuesday. They now have a “neutral” rating on the stock.

Waste Connections, Inc. (WCI) is an integrated, non-hazardous solid waste services company that provides solid waste collection, transfer, disposal and recycling services in the Western and Southern United States.

About the author