WCN

Waste Connections Inc

Industrial/Transportation


Presented:07/31/2018
Price:$77.61
Cap:$20.45B
Current Price:$182.03
Cap:$46.97B

Presented

Date07/31/2018
Price$77.61
Market Cap$20.45B
Ent Value$23.57B
P/E Ratio29.18x
Book Value$24.08
Div Yield0.7%
Shares O/S263.47M
Ave Daily Vol715,345
Short IntN/A

Current

Price$182.03
Market Cap$46.97B
Waste Connections, Inc. engages in the provision of solid waste services. It operates through the following segments: Southern, Western, Eastern, Canada, Central, and Exploration and Production. Its services include waste collection, transfer, disposal, treatment, recovery, and recycling: and non-hazardous exploration and production. The company was founded by Ronald J. Mittelstaedt on September 9, 1997 and is headquartered in Vaughan, Canada.

Publicly traded companies mentioned herein: Waste Connections Inc (WCN), Waste Management Inc (WM)

Highlights

The presenter is long shares of Waste Connections (WCN), seeing pricing and volume improvements over the next two years that could lead to 40% - 50% share price appreciation. He views WCN as favorably positioned to benefit from late-cycle industrials upside and thinks Street models underappreciate volume trends and upside from M&A activity. He models $4.00 as an organic base case for 2020 FCF per share, with upside into the $4.50 - $5.00 range driven by roll-ups.

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Idea Discussion

Commentor 1 - 2 weeks ago

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