Waste Connections Shares Owned By Institutions vs. Current Valuation
| WCN Stock | USD 186.26 0.47 0.25% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.34 | 0.4086 |
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For Waste Connections profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Waste Connections to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Waste Connections utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Waste Connections's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Waste Connections over time as well as its relative position and ranking within its peers.
Waste |
Waste Connections' Revenue Breakdown by Earning Segment
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Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waste Connections. If investors know Waste will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waste Connections listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.339 | Dividend Share 1.14 | Earnings Share 3.64 | Revenue Per Share 33.72 | Quarterly Revenue Growth 0.133 |
The market value of Waste Connections is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Connections' value that differs from its market value or its book value, called intrinsic value, which is Waste Connections' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waste Connections' market value can be influenced by many factors that don't directly affect Waste Connections' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Waste Connections' value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Connections is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Connections' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Waste Connections Current Valuation vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Waste Connections's current stock value. Our valuation model uses many indicators to compare Waste Connections value to that of its competitors to determine the firm's financial worth. Waste Connections is rated below average in shares owned by institutions category among its peers. It is rated third in current valuation category among its peers reporting about 625,864,166 of Current Valuation per Shares Owned By Institutions. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Waste Connections' earnings, one of the primary drivers of an investment's value.Waste Connections' Earnings Breakdown by Geography
Waste Current Valuation vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Waste Connections |
| = | 90.16 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Waste Connections |
| = | 56.43 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Waste Current Valuation vs Competition
Waste Connections is rated third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is at this time estimated at about 300.86 Billion. Waste Connections retains roughly 56.43 Billion in current valuation claiming about 19% of equities under Industrials industry.
Waste Connections Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Waste Connections, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Waste Connections will eventually generate negative long term returns. The profitability progress is the general direction of Waste Connections' change in net profit over the period of time. It can combine multiple indicators of Waste Connections, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -9.8 M | -9.3 M | |
| Operating Income | 1.2 B | 1.3 B | |
| Income Before Tax | 983.5 M | 1 B | |
| Total Other Income Expense Net | -252.8 M | -240.2 M | |
| Net Income | 762.8 M | 801 M | |
| Income Tax Expense | 220.7 M | 231.7 M | |
| Net Income Applicable To Common Shares | 961 M | 1 B | |
| Net Income From Continuing Ops | 830.5 M | 438 M | |
| Interest Income | 10.3 M | 9.7 M | |
| Net Interest Income | -259.4 M | -246.4 M | |
| Non Operating Income Net Other | 8.2 M | 8.6 M | |
| Change To Netincome | 200.8 M | 177.2 M | |
| Net Income Per Share | 2.96 | 3.11 | |
| Income Quality | 2.79 | 1.78 | |
| Net Income Per E B T | 0.78 | 0.54 |
Waste Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Waste Connections. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Waste Connections position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Waste Connections' important profitability drivers and their relationship over time.
Use Waste Connections in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Waste Connections position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Waste Connections will appreciate offsetting losses from the drop in the long position's value.Waste Connections Pair Trading
Waste Connections Pair Trading Analysis
The ability to find closely correlated positions to Waste Connections could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Waste Connections when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Waste Connections - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Waste Connections to buy it.
The correlation of Waste Connections is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Waste Connections moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Waste Connections moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Waste Connections can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Waste Connections position
In addition to having Waste Connections in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Your Current Watchlist. To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
To fully project Waste Connections' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Waste Connections at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Waste Connections' income statement, its balance sheet, and the statement of cash flows.