New insider activity at Waste Connections ( (TSE:WCN) ) has taken place on March 13, 2025.
EVP & COO Darrell Chambliss recently sold 13,566 shares of Waste Connections stock, amounting to a total transaction value of $2,554,477.
Recent Updates on TSE:WCN stock
Recent developments for Waste Connections (TSE:WCN) have been marked by a mixed financial performance and strategic growth initiatives. The company reported a strong 11% year-over-year increase in Q4 2024 revenue and a significant rise in adjusted EBITDA, demonstrating robust financial growth. However, challenges such as the closure of the Chiquita Canyon landfill and a 2.7% decline in solid waste volumes tempered these achievements. Analysts have responded to these developments with varied price target adjustments. Oppenheimer raised its price target, noting that despite Q4 results being below consensus, the company’s FY25 expectations are anchored towards the high end of guidance. RBC Capital increased its target, highlighting Waste Connections’ ability to offset volume declines through strategic pricing and future M&A opportunities. Truist also raised its target, expecting margin expansion driven by a favorable price-cost spread. Morgan Stanley’s adjustment reflects alignment with expectations and guidance. Overall, the forward-looking guidance remains optimistic, with expectations for continued growth and strategic investments.
More about Waste Connections
YTD Price Performance: 7.54%
Average Trading Volume: 1,079,027
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $47.48B