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Is this Large Market Cap Stock target price reasonable for Waste Connections, Inc. (NYSE:WCN)?

The company in question is, Waste Connections, Inc. (NYSE:WCN) currently with a stock price of 77.04 (-0.67% today). The market cap for Waste Connections, Inc. is 13173.57, and is in the sector Industrial Goods, and Waste Management industry. The target price for Waste Connections, Inc. is 94.58. Currently Waste Connections, Inc. is trading with a P/E of 39.55, and a forward P/E of 25.59. Average volume for Waste Connections, Inc. is 1695.8 and so far today it is 323599.

Performance in the last year for Waste Connections, Inc. has been 57.51%. For EPS growth, Waste Connections, Inc. has seen a growth of 1.80%, and is looking to grow in the next year to 24.43%. More long term stats show that EPS growth has been 7.80% over the last five years and could be 13.97% for the next five years. Waste Connections, Inc. has seen sales growth quarter over quarter at 2.40%, with EPS growth quarter over quarter at -111.40%. The 20-day simple moving average is 6.76%, with the 200-day simple moving average coming to 22.51%.

Since the IPO date for Waste Connections, Inc. on the 5/22/1998, Waste Connections, Inc. has seen performance year to date to be 38.60%. With Waste Connections, Inc. trading at 77.04, the dividend yield is 0.75%, and the EPS is 1.96.

So could Waste Connections, Inc., be undervalued? Well as said before P/E is 39.55. The PEG is 2.83, P/S is 6.8 and the P/B is at 3.6. The P/cash is 300.08, with P/free cash flow at 158.72.

Waste Connections, Inc. ability to deal with debt shows that the current ratio is 0.9, and the quick ratio is 0.9. This is with long term debt/equity at 1.4, and total debt/equity at 1.4.

In terms of margins, Waste Connections, Inc. has a gross margin of 36.20%, an operating margin of 9.90% and a profit margin of 5.40%.Payout ratio for Waste Connections, Inc. is 52.90%. Return on assets come to 3.20% with return on investment coming to 7.00%.

Insider ownership for Waste Connections, Inc., is at 1.00% and institutional ownership comes to 70.30%. Outstanding shares are at 169.85. While shares float is 169.85. The float short is currently 0.80%, and short ratio is 0.8.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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