Jefferies analyst Stephanie Moore maintains $Waste Connections (WCN.US)$ with a buy rating, and adjusts the target price from $217 to $225.
According to TipRanks data, the analyst has a success rate of 66.1% and a total average return of 19.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Waste Connections (WCN.US)$'s main analysts recently are as follows:
Following Waste Connections' Q3 results, it was noted that the near-term growth outlook did not meet expectations, primarily due to reduced support from commodities. However, it is anticipated that several core value drivers for the business, such as robust pricing, cost and productivity enhancements, and mergers and acquisitions, will continue to have a positive impact into 2025.
Waste Connections surpassed Q3 expectations for both revenue and earnings and has increased its guidance for FY24, with its preliminary outlook for the same period aligning with general market projections. Despite facing numerous challenges, the company's execution continues to be solid. It is well situated to achieve growth in its core solid waste segment and improve margins, thanks to a strong M&A pipeline and productivity improvements, which are expected to lead to favorable future earnings revisions.
The company's third-quarter results slightly exceeded expectations, and the guidance for 2024 has been revised upwards. Additionally, initial commentary for 2025 suggests there may be room for further improvement as the company continues to pursue its merger and acquisition opportunities.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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富瑞集團分析師Stephanie Moore維持$Waste Connections (WCN.US)$買入評級,並將目標價從217美元上調至225美元。
根據TipRanks數據顯示,該分析師近一年總勝率為66.1%,總平均回報率為19.9%。
此外,綜合報道,$Waste Connections (WCN.US)$近期主要分析師觀點如下:
根據Waste Connections的第三季度業績,由於商品支持減少,近期增長前景未能達到預期,但預計業務的幾個核心價值驅動因素,如強勁的定價、成本和生產力提升以及併購,將繼續對2025年產生積極影響。
Waste Connections超越了第三季度的營業收入和盈利預期,並提升了FY24的指引,對於同一時期的初步展望與市場普遍預期一致。儘管面臨諸多挑戰,該公司的執行仍然表現穩健。由於強大的併購渠道和生產力提升,公司具備良好的條件在其核心固體廢物領域實現增長並提升利潤率,預計將導致未來收益的積極調整。
公司第三季度業績略高於預期,並將2024年的指引上調。此外,關於2025年的初步評論暗示公司仍有改善空間,因爲公司繼續追求其併購機會。
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