The company's consistent but low ROCE and the increase in capital employed suggest that the business isn't deploying funds into high return investments. If these trends continue, the likelihood of Waste Connections being a multi-bagger from here isn't high.
Recent insider selling at Waste Connections suggests shares may not be undervalued. Lack of insider buying over the past year raises doubts about the company's prospects.
The company's President and CEO, Ronald J. Mittelstaedt, expressed positive sentiments about the appointment, stating that Carl's experience and expertise in technology, mergers and acquisitions, marketing, and public finance will make him an outstanding addition to the Board.
The stability in Waste Connections' ROCE despite increased capital expenditure is a concern. If these trends don't improve, optimism for high returns from the stock could diminish.
CEO predicts unforeseen expenses might dent next quarter's financials by around $20m. Analyst Walter Spracklin from RBC suggests these costs might push company's yearly results below guidance.
Waste Connections' slow and steady long-term growth is appreciated by the market, given its consistent earnings over time. The significant TSR over past five years indicates positive performance for shareholders, largely due to dividends.
SpyderCall
:
this stock is one of the best for long term investing. it only goes up in the long term. Right now it is on a good dip. If you can average down in these moments you will maximize gains. the question is how low will it go?
Waste Connections Stock Forum
No comment yet