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Waste Connections Inc
Buy, Hold or Sell?

Let's analyse Waste Connections Inc together

PenkeI guess you are interested in Waste Connections Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Waste Connections Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Waste Connections Inc (30 sec.)










What can you expect buying and holding a share of Waste Connections Inc? (30 sec.)

How much money do you get?

How much money do you get?
€1.05
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€27.62
Expected worth in 1 year
€29.71
How sure are you?
92.9%

+ What do you gain per year?

Total Gains per Share
€3.07
Return On Investment
1.9%

For what price can you sell your share?

Current Price per Share
€158.50
Expected price per share
€146.28 - €
How sure are you?
50%

1. Valuation of Waste Connections Inc (5 min.)




Live pricePrice per Share (EOD)

€158.50

Intrinsic Value Per Share

€61.35 - €72.22

Total Value Per Share

€88.97 - €99.84

2. Growth of Waste Connections Inc (5 min.)




Is Waste Connections Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$7.6b$6.9b$575.4m7.7%

How much money is Waste Connections Inc making?

Current yearPrevious yearGrowGrow %
Making money$190.7m$208.9m-$18.2m-9.6%
Net Profit Margin9.5%11.6%--

How much money comes from the company's main activities?

3. Financial Health of Waste Connections Inc (5 min.)




4. Comparing to competitors in the Waste Management industry (5 min.)




  Industry Rankings (Waste Management)  


Richest
#3 / 132

Most Revenue
#8 / 132

Most Profit
#7 / 132

What can you expect buying and holding a share of Waste Connections Inc? (5 min.)

Welcome investor! Waste Connections Inc's management wants to use your money to grow the business. In return you get a share of Waste Connections Inc.

What can you expect buying and holding a share of Waste Connections Inc?

First you should know what it really means to hold a share of Waste Connections Inc. And how you can make/lose money.

Speculation

The Price per Share of Waste Connections Inc is €158.50. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Waste Connections Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Waste Connections Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €27.62. Based on the TTM, the Book Value Change Per Share is €0.52 per quarter. Based on the YOY, the Book Value Change Per Share is €0.18 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.24 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Waste Connections Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.490.3%0.740.5%0.810.5%0.690.4%0.690.4%
Usd Book Value Change Per Share0.410.3%0.570.4%0.190.1%2.131.3%2.131.3%
Usd Dividend Per Share0.290.2%0.260.2%0.240.1%0.230.1%0.230.1%
Usd Total Gains Per Share0.700.4%0.830.5%0.430.3%2.361.5%2.361.5%
Usd Price Per Share144.57-140.61-138.15-125.52-125.52-
Price to Earnings Ratio73.47-50.22-43.00-46.92-46.92-
Price-to-Total Gains Ratio206.64-175.29-70.01-196.05-196.05-
Price to Book Ratio4.84-4.83-5.14-4.60-4.60-
Price-to-Total Gains Ratio206.64-175.29-70.01-196.05-196.05-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share171.44945
Number of shares5
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.260.23
Usd Book Value Change Per Share0.572.13
Usd Total Gains Per Share0.832.36
Gains per Quarter (5 shares)4.1511.82
Gains per Year (5 shares)16.5947.29
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1511754337
211232498584
316344114128131
421455818171178
526577523213225
632689228256272
7377910932299319
8429112637341366
94710214342384413
105311316046427460

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%14.00.00.0100.0%14.00.00.0100.0%14.00.00.0100.0%
Book Value Change Per Share4.00.00.0100.0%10.02.00.083.3%12.02.00.085.7%12.02.00.085.7%12.02.00.085.7%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%14.00.00.0100.0%14.00.00.0100.0%14.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%13.01.00.092.9%13.01.00.092.9%13.01.00.092.9%

Fundamentals of Waste Connections Inc

About Waste Connections Inc

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&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. The company owns and operates transfer stations that receive compact and/or load waste to be transported to landfills or treatment facilities through truck, rail, or barge; and intermodal services for the rail haul movement of cargo and solid waste containers in the Pacific Northwest through a network of intermodal facilities. In addition, it provides E&P waste treatment, recovery, and disposal services for waste resulting from oil and natural gas exploration and production activity, such as drilling fluids, drill cuttings, completion fluids, and flowback water; production wastes and produced water during a well's operating life; contaminated soils that require treatment during site reclamation; and substances, which require clean-up after a spill, reserve pit clean-up, or pipeline rupture. Further, the company offers leasing services to its customers. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada.

Fundamental data was last updated by Penke on 2024-03-27 19:48:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is fair priced.

1.1. Profitability of Waste Connections Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Waste Connections Inc earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Waste Connections Inc to the Waste Management industry mean.
  • A Net Profit Margin of 6.2% means that €0.06 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Waste Connections Inc:

  • The MRQ is 6.2%. The company is making a profit. +1
  • The TTM is 9.5%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.2%TTM9.5%-3.3%
TTM9.5%YOY11.6%-2.1%
TTM9.5%5Y10.4%-0.9%
5Y10.4%10Y10.4%0.0%
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ6.2%4.3%+1.9%
TTM9.5%4.2%+5.3%
YOY11.6%4.5%+7.1%
5Y10.4%3.3%+7.1%
10Y10.4%2.7%+7.7%
1.1.2. Return on Assets

Shows how efficient Waste Connections Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Waste Connections Inc to the Waste Management industry mean.
  • 0.7% Return on Assets means that Waste Connections Inc generated €0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Waste Connections Inc:

  • The MRQ is 0.7%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 1.1%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.7%TTM1.1%-0.4%
TTM1.1%YOY1.3%-0.2%
TTM1.1%5Y1.1%-0.1%
5Y1.1%10Y1.1%0.0%
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%0.7%+0.0%
TTM1.1%0.8%+0.3%
YOY1.3%1.0%+0.3%
5Y1.1%1.0%+0.1%
10Y1.1%1.0%+0.1%
1.1.3. Return on Equity

Shows how efficient Waste Connections Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Waste Connections Inc to the Waste Management industry mean.
  • 1.6% Return on Equity means Waste Connections Inc generated €0.02 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Waste Connections Inc:

  • The MRQ is 1.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.6%TTM2.6%-0.9%
TTM2.6%YOY3.0%-0.5%
TTM2.6%5Y2.5%+0.0%
5Y2.5%10Y2.5%0.0%
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6%2.2%-0.6%
TTM2.6%2.4%+0.2%
YOY3.0%3.0%+0.0%
5Y2.5%2.6%-0.1%
10Y2.5%2.2%+0.3%

1.2. Operating Efficiency of Waste Connections Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Waste Connections Inc is operating .

  • Measures how much profit Waste Connections Inc makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Waste Connections Inc to the Waste Management industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Waste Connections Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM8.6%-8.6%
TTM8.6%YOY17.8%-9.2%
TTM8.6%5Y15.0%-6.4%
5Y15.0%10Y15.0%0.0%
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.1%-7.1%
TTM8.6%5.5%+3.1%
YOY17.8%7.3%+10.5%
5Y15.0%7.0%+8.0%
10Y15.0%5.9%+9.1%
1.2.2. Operating Ratio

Measures how efficient Waste Connections Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Waste Management industry mean).
  • An Operation Ratio of 1.39 means that the operating costs are €1.39 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Waste Connections Inc:

  • The MRQ is 1.394. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.408. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.394TTM1.408-0.014
TTM1.408YOY1.427-0.018
TTM1.4085Y1.421-0.013
5Y1.42110Y1.4210.000
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3941.405-0.011
TTM1.4081.409-0.001
YOY1.4271.380+0.047
5Y1.4211.280+0.141
10Y1.4211.185+0.236

1.3. Liquidity of Waste Connections Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Waste Connections Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Waste Management industry mean).
  • A Current Ratio of 0.68 means the company has €0.68 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Waste Connections Inc:

  • The MRQ is 0.676. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.747. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.676TTM0.747-0.070
TTM0.747YOY0.924-0.177
TTM0.7475Y1.003-0.256
5Y1.00310Y1.0030.000
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6761.275-0.599
TTM0.7471.280-0.533
YOY0.9241.240-0.316
5Y1.0031.273-0.270
10Y1.0031.219-0.216
1.3.2. Quick Ratio

Measures if Waste Connections Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Waste Connections Inc to the Waste Management industry mean.
  • A Quick Ratio of 0.51 means the company can pay off €0.51 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Waste Connections Inc:

  • The MRQ is 0.508. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.558. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.508TTM0.558-0.050
TTM0.558YOY0.586-0.028
TTM0.5585Y0.579-0.021
5Y0.57910Y0.5790.000
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5080.807-0.299
TTM0.5580.812-0.254
YOY0.5860.843-0.257
5Y0.5790.941-0.362
10Y0.5790.936-0.357

1.4. Solvency of Waste Connections Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Waste Connections Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Waste Connections Inc to Waste Management industry mean.
  • A Debt to Asset Ratio of 0.57 means that Waste Connections Inc assets are financed with 57.0% credit (debt) and the remaining percentage (100% - 57.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Waste Connections Inc:

  • The MRQ is 0.570. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.573. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.570TTM0.573-0.003
TTM0.573YOY0.568+0.006
TTM0.5735Y0.547+0.027
5Y0.54710Y0.5470.000
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5700.600-0.030
TTM0.5730.601-0.028
YOY0.5680.587-0.019
5Y0.5470.592-0.045
10Y0.5470.570-0.023
1.4.2. Debt to Equity Ratio

Measures if Waste Connections Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Waste Connections Inc to the Waste Management industry mean.
  • A Debt to Equity ratio of 132.8% means that company has €1.33 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Waste Connections Inc:

  • The MRQ is 1.328. The company is able to pay all its debts with equity. +1
  • The TTM is 1.343. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.328TTM1.343-0.015
TTM1.343YOY1.315+0.028
TTM1.3435Y1.215+0.129
5Y1.21510Y1.2150.000
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3281.535-0.207
TTM1.3431.582-0.239
YOY1.3151.480-0.165
5Y1.2151.557-0.342
10Y1.2151.612-0.397

2. Market Valuation of Waste Connections Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Waste Connections Inc generates.

  • Above 15 is considered overpriced but always compare Waste Connections Inc to the Waste Management industry mean.
  • A PE ratio of 73.47 means the investor is paying €73.47 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Waste Connections Inc:

  • The EOD is 87.133. Based on the earnings, the company is expensive. -2
  • The MRQ is 73.472. Based on the earnings, the company is expensive. -2
  • The TTM is 50.222. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD87.133MRQ73.472+13.661
MRQ73.472TTM50.222+23.250
TTM50.222YOY42.999+7.224
TTM50.2225Y46.921+3.301
5Y46.92110Y46.9210.000
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
EOD87.1339.079+78.054
MRQ73.4729.065+64.407
TTM50.2228.807+41.415
YOY42.99913.096+29.903
5Y46.9218.740+38.181
10Y46.92111.377+35.544
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Waste Connections Inc:

  • The EOD is 46.504. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 39.213. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 31.245. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD46.504MRQ39.213+7.291
MRQ39.213TTM31.245+7.968
TTM31.245YOY32.544-1.299
TTM31.2455Y38.980-7.735
5Y38.98010Y38.9800.000
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
EOD46.5040.970+45.534
MRQ39.2130.627+38.586
TTM31.245-2.216+33.461
YOY32.544-1.284+33.828
5Y38.980-1.045+40.025
10Y38.980-2.245+41.225
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Waste Connections Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Waste Management industry mean).
  • A PB ratio of 4.84 means the investor is paying €4.84 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Waste Connections Inc:

  • The EOD is 5.739. Based on the equity, the company is overpriced. -1
  • The MRQ is 4.839. Based on the equity, the company is fair priced.
  • The TTM is 4.834. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD5.739MRQ4.839+0.900
MRQ4.839TTM4.834+0.005
TTM4.834YOY5.144-0.310
TTM4.8345Y4.595+0.238
5Y4.59510Y4.5950.000
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
EOD5.7391.288+4.451
MRQ4.8391.373+3.466
TTM4.8341.394+3.440
YOY5.1441.797+3.347
5Y4.5951.601+2.994
10Y4.5952.183+2.412
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Waste Connections Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.3820.524-27%0.176+117%1.973-81%1.973-81%
Book Value Per Share--27.61826.897+3%24.833+11%25.185+10%25.185+10%
Current Ratio--0.6760.747-9%0.924-27%1.003-33%1.003-33%
Debt To Asset Ratio--0.5700.5730%0.568+0%0.547+4%0.547+4%
Debt To Equity Ratio--1.3281.343-1%1.315+1%1.215+9%1.215+9%
Dividend Per Share--0.2650.243+9%0.218+21%0.213+24%0.213+24%
Eps--0.4550.684-34%0.750-39%0.639-29%0.639-29%
Free Cash Flow Per Share--0.8521.070-20%0.995-14%0.901-5%0.901-5%
Free Cash Flow To Equity Per Share--0.2140.582-63%1.918-89%0.862-75%0.862-75%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--72.220--------
Intrinsic Value_10Y_min--61.354--------
Intrinsic Value_1Y_max--4.372--------
Intrinsic Value_1Y_min--4.292--------
Intrinsic Value_3Y_max--15.319--------
Intrinsic Value_3Y_min--14.581--------
Intrinsic Value_5Y_max--28.899--------
Intrinsic Value_5Y_min--26.635--------
Market Cap40842280000.000+16%34438932000.00033495179000.000+3%32908957000.000+5%30061115348.650+15%30061115348.650+15%
Net Profit Margin--0.0620.095-35%0.116-46%0.104-40%0.104-40%
Operating Margin---0.086-100%0.178-100%0.150-100%0.150-100%
Operating Ratio--1.3941.408-1%1.427-2%1.421-2%1.421-2%
Pb Ratio5.739+16%4.8394.834+0%5.144-6%4.595+5%4.595+5%
Pe Ratio87.133+16%73.47250.222+46%42.999+71%46.921+57%46.921+57%
Price Per Share158.500+16%133.650129.988+3%127.713+5%116.038+15%116.038+15%
Price To Free Cash Flow Ratio46.504+16%39.21331.245+26%32.544+20%38.980+1%38.980+1%
Price To Total Gains Ratio245.057+16%206.637175.288+18%70.012+195%196.046+5%196.046+5%
Quick Ratio--0.5080.558-9%0.586-13%0.579-12%0.579-12%
Return On Assets--0.0070.011-35%0.013-46%0.011-38%0.011-38%
Return On Equity--0.0160.026-35%0.030-45%0.025-35%0.025-35%
Total Gains Per Share--0.6470.767-16%0.394+64%2.186-70%2.186-70%
Usd Book Value--7698024634.7697497111526.070+3%6921652813.378+11%7063797347.825+9%7063797347.825+9%
Usd Book Value Change Per Share--0.4130.567-27%0.191+117%2.134-81%2.134-81%
Usd Book Value Per Share--29.87429.095+3%26.861+11%27.243+10%27.243+10%
Usd Dividend Per Share--0.2860.263+9%0.236+21%0.231+24%0.231+24%
Usd Eps--0.4920.740-34%0.811-39%0.691-29%0.691-29%
Usd Free Cash Flow--237502516.717298213688.165-20%277462531.411-14%252328128.790-6%252328128.790-6%
Usd Free Cash Flow Per Share--0.9221.157-20%1.077-14%0.974-5%0.974-5%
Usd Free Cash Flow To Equity Per Share--0.2310.629-63%2.075-89%0.932-75%0.932-75%
Usd Market Cap44179094276.000+16%37252592744.40036231735124.300+3%35597618786.900+5%32517108472.635+15%32517108472.635+15%
Usd Price Per Share171.449+16%144.569140.607+3%138.147+5%125.518+15%125.518+15%
Usd Profit--126757011.732190706035.655-34%208922112.176-39%178950163.593-29%178950163.593-29%
Usd Revenue--2035673427.0252005551223.687+2%1803022063.842+13%1726695648.188+18%1726695648.188+18%
Usd Total Gains Per Share--0.7000.829-16%0.426+64%2.365-70%2.365-70%
 EOD+4 -4MRQTTM+13 -22YOY+16 -195Y+11 -2410Y+11 -24

3.2. Fundamental Score

Let's check the fundamental score of Waste Connections Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1587.133
Price to Book Ratio (EOD)Between0-15.739
Net Profit Margin (MRQ)Greater than00.062
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.508
Current Ratio (MRQ)Greater than10.676
Debt to Asset Ratio (MRQ)Less than10.570
Debt to Equity Ratio (MRQ)Less than11.328
Return on Equity (MRQ)Greater than0.150.016
Return on Assets (MRQ)Greater than0.050.007
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of Waste Connections Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5064.819
Ma 20Greater thanMa 50155.190
Ma 50Greater thanMa 100150.394
Ma 100Greater thanMa 200139.648
OpenGreater thanClose157.000
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets17,915,876
Total Liabilities10,218,095
Total Stockholder Equity7,692,809
 As reported
Total Liabilities 10,218,095
Total Stockholder Equity+ 7,692,809
Total Assets = 17,915,876

Assets

Total Assets17,915,876
Total Current Assets1,141,785
Long-term Assets16,774,091
Total Current Assets
Cash And Cash Equivalents 78,399
Net Receivables 856,953
Inventory 61,673
Other Current Assets 60,289
Total Current Assets  (as reported)1,141,785
Total Current Assets  (calculated)1,057,314
+/- 84,471
Long-term Assets
Property Plant Equipment 7,490,113
Goodwill 7,404,400
Intangible Assets 1,603,541
Long-term Assets Other 276,037
Long-term Assets  (as reported)16,774,091
Long-term Assets  (calculated)16,774,091
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities1,687,932
Long-term Liabilities8,530,163
Total Stockholder Equity7,692,809
Total Current Liabilities
Short Long Term Debt 26,462
Accounts payable 642,455
Other Current Liabilities 94,996
Total Current Liabilities  (as reported)1,687,932
Total Current Liabilities  (calculated)763,913
+/- 924,019
Long-term Liabilities
Long term Debt 6,724,771
Capital Lease Obligations Min Short Term Debt270,973
Long-term Liabilities Other 544,472
Long-term Liabilities  (as reported)8,530,163
Long-term Liabilities  (calculated)7,540,216
+/- 989,947
Total Stockholder Equity
Retained Earnings 4,141,690
Total Stockholder Equity (as reported)7,692,809
Total Stockholder Equity (calculated)4,141,690
+/- 3,551,119
Other
Capital Stock3,276,661
Common Stock Shares Outstanding 257,600
Net Debt 6,672,834
Net Invested Capital 14,444,042
Net Working Capital -546,147
Property Plant and Equipment Gross 13,329,131



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-30
> Total Assets 
13,849,447
13,992,364
14,042,929
14,106,207
14,274,832
14,699,924
15,414,362
15,416,241
16,130,668
17,134,603
17,227,094
17,359,527
17,731,240
17,915,876
17,915,87617,731,24017,359,52717,227,09417,134,60316,130,66815,416,24115,414,36214,699,92414,274,83214,106,20714,042,92913,992,36413,849,447
   > Total Current Assets 
1,591,416
1,408,272
1,503,991
1,506,443
1,160,288
1,032,777
1,412,779
1,257,735
1,230,314
1,117,645
1,134,258
1,111,676
1,151,722
1,141,785
1,141,7851,151,7221,111,6761,134,2581,117,6451,230,3141,257,7351,412,7791,032,7771,160,2881,506,4431,503,9911,408,2721,591,416
       Cash And Cash Equivalents 
859,096
617,294
743,464
727,395
339,479
147,441
391,417
217,808
200,179
78,637
133,860
91,712
96,187
78,399
78,39996,18791,712133,86078,637200,179217,808391,417147,441339,479727,395743,464617,294859,096
       Net Receivables 
616,630
630,264
608,758
649,561
692,051
770,919
727,737
797,877
810,932
876,917
814,680
855,479
868,093
856,953
856,953868,093855,479814,680876,917810,932797,877727,737770,919692,051649,561608,758630,264616,630
       Other Current Assets 
0
0
0
0
0
47,689
293,625
242,050
219,203
57,409
185,718
164,485
187,442
60,289
60,289187,442164,485185,71857,409219,203242,050293,62547,68900000
   > Long-term Assets 
12,258,031
12,584,092
12,538,938
12,599,764
13,114,544
13,667,147
14,001,583
14,158,506
14,900,354
16,016,958
16,092,836
16,247,851
16,579,518
16,774,091
16,774,09116,579,51816,247,85116,092,83616,016,95814,900,35414,158,50614,001,58313,667,14713,114,54412,599,76412,538,93812,584,09212,258,031
       Property Plant Equipment 
5,362,352
5,455,429
5,407,317
5,419,427
5,577,429
5,882,516
5,933,263
6,025,274
6,544,227
7,143,421
7,151,650
7,279,085
7,360,260
7,490,113
7,490,1137,360,2607,279,0857,151,6507,143,4216,544,2276,025,2745,933,2635,882,5165,577,4295,419,4275,407,3175,455,4295,362,352
       Goodwill 
5,534,567
5,726,650
5,754,101
5,818,749
6,006,533
6,187,643
6,427,763
6,457,910
6,574,860
6,902,297
6,940,567
6,992,466
7,313,084
7,404,400
7,404,4007,313,0846,992,4666,940,5676,902,2976,574,8606,457,9106,427,7636,187,6436,006,5335,818,7495,754,1015,726,6505,534,567
       Intangible Assets 
1,127,279
1,155,079
1,125,894
1,102,516
1,264,728
1,350,597
1,388,687
1,400,249
1,489,242
1,673,917
1,697,193
1,659,645
1,618,692
1,603,541
1,603,5411,618,6921,659,6451,697,1931,673,9171,489,2421,400,2491,388,6871,350,5971,264,7281,102,5161,125,8941,155,0791,127,279
       Other Assets 
233,833
246,934
251,626
259,072
265,854
246,391
244,555
271,908
272,794
283,422
303,426
301,495
0
0
00301,495303,426283,422272,794271,908244,555246,391265,854259,072251,626246,934233,833
> Total Liabilities 
7,183,258
7,128,926
7,101,056
7,237,607
7,391,676
7,706,379
8,655,303
8,546,579
9,187,298
10,020,959
9,988,130
9,900,070
10,139,945
10,218,095
10,218,09510,139,9459,900,0709,988,13010,020,9599,187,2988,546,5798,655,3037,706,3797,391,6767,237,6077,101,0567,128,9267,183,258
   > Total Current Liabilities 
1,135,466
1,028,654
1,106,886
1,092,282
1,145,298
1,232,746
1,257,634
1,337,553
1,378,667
1,512,643
1,383,184
1,463,495
1,575,736
1,687,932
1,687,9321,575,7361,463,4951,383,1841,512,6431,378,6671,337,5531,257,6341,232,7461,145,2981,092,2821,106,8861,028,6541,135,466
       Short Long Term Debt 
6,772
8,268
105,386
6,997
5,289
6,020
28,070
6,342
17,452
6,759
10,513
10,699
32,760
26,462
26,46232,76010,69910,5136,75917,4526,34228,0706,0205,2896,997105,3868,2686,772
       Accounts payable 
403,946
290,820
280,025
326,085
341,211
392,868
423,175
496,622
507,899
638,728
526,229
539,216
604,542
642,455
642,455604,542539,216526,229638,728507,899496,622423,175392,868341,211326,085280,025290,820403,946
       Other Current Liabilities 
279,167
300,162
286,072
293,613
296,494
362,943
358,209
365,095
360,886
406,996
401,102
412,473
100,813
94,996
94,996100,813412,473401,102406,996360,886365,095358,209362,943296,494293,613286,072300,162279,167
   > Long-term Liabilities 
6,047,792
6,100,272
5,994,170
6,145,325
6,246,378
6,473,633
7,397,669
7,209,026
7,808,631
8,508,316
8,604,946
8,436,575
8,564,209
8,530,163
8,530,1638,564,2098,436,5758,604,9468,508,3167,808,6317,209,0267,397,6696,473,6336,246,3786,145,3255,994,1706,100,2726,047,792
       Long term Debt 
4,680,219
4,708,678
4,613,602
4,762,857
4,869,213
5,040,500
5,817,641
5,633,524
6,211,971
6,890,149
6,921,839
6,681,384
6,803,439
6,724,771
6,724,7716,803,4396,681,3846,921,8396,890,1496,211,9715,633,5245,817,6415,040,5004,869,2134,762,8574,613,6024,708,6784,680,219
       Capital Lease Obligations Min Short Term Debt
175,838
177,894
181,717
176,681
169,825
167,645
169,471
174,292
198,374
200,632
203,129
257,313
272,445
270,973
270,973272,445257,313203,129200,632198,374174,292169,471167,645169,825176,681181,717177,894175,838
       Other Liabilities 
1,138,502
1,169,705
1,185,174
1,192,733
1,199,957
1,271,099
1,442,862
1,436,311
1,432,812
1,452,705
1,514,056
1,530,625
0
0
001,530,6251,514,0561,452,7051,432,8121,436,3111,442,8621,271,0991,199,9571,192,7331,185,1741,169,7051,138,502
       Long-term Liabilities Other 
496,588
484,327
458,052
470,272
466,608
452,584
442,836
441,545
446,560
438,963
472,904
481,639
472,719
544,472
544,472472,719481,639472,904438,963446,560441,545442,836452,584466,608470,272458,052484,327496,588
       Deferred Long Term Liability 
19,669
19,669
18,954
18,954
18,954
18,954
19,627
19,627
19,627
25,840
0
25,618
0
0
0025,618025,84019,62719,62719,62718,95418,95418,95418,95419,66919,669
> Total Stockholder Equity
6,661,934
6,859,273
6,937,710
6,864,383
6,878,666
6,988,938
6,754,408
6,864,878
6,938,373
7,108,698
7,233,995
7,454,526
7,586,199
7,692,809
7,692,8097,586,1997,454,5267,233,9957,108,6986,938,3736,864,8786,754,4086,988,9386,878,6666,864,3836,937,7106,859,2736,661,934
   Common Stock
4,030,368
4,030,368
3,964,500
3,724,859
3,726,134
3,693,027
3,269,887
3,270,242
3,271,958
3,271,958
3,274,564
3,274,564
0
0
003,274,5643,274,5643,271,9583,271,9583,270,2423,269,8873,693,0273,726,1343,724,8593,964,5004,030,3684,030,368
   Retained Earnings 
2,582,298
2,659,001
2,765,401
2,889,027
2,949,984
3,056,845
3,177,778
3,342,431
3,520,446
3,649,494
3,781,519
3,925,376
4,088,726
4,141,690
4,141,6904,088,7263,925,3763,781,5193,649,4943,520,4463,342,4313,177,7783,056,8452,949,9842,889,0272,765,4012,659,0012,582,298
   Accumulated Other Comprehensive Income 00000000000000
   Capital Surplus 00000000000000
   Treasury Stock00000000000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue8,021,951
Cost of Revenue-4,744,513
Gross Profit3,277,4383,277,438
 
Operating Income (+$)
Gross Profit3,277,438
Operating Expense-6,546,843
Operating Income1,475,108-3,269,405
 
Operating Expense (+$)
Research Development0
Selling General Administrative799,119
Selling And Marketing Expenses0
Operating Expense6,546,843799,119
 
Net Interest Income (+$)
Interest Income9,350
Interest Expense-274,642
Other Finance Cost-0
Net Interest Income-265,292
 
Pretax Income (+$)
Operating Income1,475,108
Net Interest Income-265,292
Other Non-Operating Income Expenses0
Income Before Tax (EBT)983,5011,701,423
EBIT - interestExpense = -274,642
762,800
1,037,442
Interest Expense274,642
Earnings Before Interest and Taxes (EBIT)01,258,143
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax983,501
Tax Provision-220,675
Net Income From Continuing Ops762,826762,826
Net Income762,800
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net-226,315265,292
 

Technical Analysis of Waste Connections Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Waste Connections Inc. The general trend of Waste Connections Inc is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Waste Connections Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Waste Connections Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: .

The bearish price targets are: 150.50 > 150.50 > 146.28.

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Waste Connections Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Waste Connections Inc. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Waste Connections Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Waste Connections Inc. The current macd is 2.15218523.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Waste Connections Inc price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Waste Connections Inc. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Waste Connections Inc price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Waste Connections Inc Daily Moving Average Convergence/Divergence (MACD) ChartWaste Connections Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Waste Connections Inc. The current adx is 18.68.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Waste Connections Inc shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Waste Connections Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Waste Connections Inc. The current sar is 153.03.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Waste Connections Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Waste Connections Inc. The current rsi is 64.82. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Waste Connections Inc Daily Relative Strength Index (RSI) ChartWaste Connections Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Waste Connections Inc. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Waste Connections Inc price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Waste Connections Inc Daily Stochastic Oscillator ChartWaste Connections Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Waste Connections Inc. The current cci is 102.31.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Waste Connections Inc Daily Commodity Channel Index (CCI) ChartWaste Connections Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Waste Connections Inc. The current cmo is 32.89.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Waste Connections Inc Daily Chande Momentum Oscillator (CMO) ChartWaste Connections Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Waste Connections Inc. The current willr is 0.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Waste Connections Inc Daily Williams %R ChartWaste Connections Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Waste Connections Inc.

Waste Connections Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Waste Connections Inc. The current atr is 1.81160063.

Waste Connections Inc Daily Average True Range (ATR) ChartWaste Connections Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Waste Connections Inc. The current obv is 11,101.

Waste Connections Inc Daily On-Balance Volume (OBV) ChartWaste Connections Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Waste Connections Inc. The current mfi is 22.51.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Waste Connections Inc Daily Money Flow Index (MFI) ChartWaste Connections Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Waste Connections Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-09 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-13 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-15 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-17 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-24 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-30 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-11 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-19 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-28 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-29 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-04 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-08 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-09 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-10 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-11 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-12 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-16 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-18 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-23 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-29 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-31 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-09 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-12 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-13 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-23 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-29 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-04 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-05 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-07 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-18 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-20 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside

6.3. Candlestick Patterns

Waste Connections Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Waste Connections Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5064.819
Ma 20Greater thanMa 50155.190
Ma 50Greater thanMa 100150.394
Ma 100Greater thanMa 200139.648
OpenGreater thanClose157.000
Total4/5 (80.0%)
Penke

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