Waste Connections, Inc. Common Shares (WCN) Company Bio
New Waste Connections is an integrated solid waste services company that provides waste collection, transfer, disposal and recycling services in mostly exclusive and secondary markets. The Company is also a leading provider of non-hazardous oilfield waste treatment, recovery and disposal services in several of the most active natural resource producing areas in the United States, including the Permian, Bakken and Eagle Ford Basins. The company was founded in 1997 and is based in The Woodlands, Texas.
WCN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for WCN, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Waste Connections Inc ranked in the 39th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for WCN, they are:
The compound growth rate in the free cash flow of Waste Connections Inc over the past 5.8 years is 0.2%; that's better than 57.79% of cash flow producing equities in the Industrials sector, where it is classified.
84% of the company's capital comes from equity, which is greater than 66.28% of stocks in our cash flow based forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
XYL, AVY, ZNH, CW, and LUV can be thought of as valuation peers to WCN, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
TORONTO, July 23, 2020 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.185 U.S. per common share of the Company. The regular quarterly cash…