Stock analysis, trade plans, and proprietary indicators by Trend Edge.
About Waste Connections Inc
Waste Connections, Inc. provides non-hazardous waste collection, transfer, and disposal services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum met… Read full Trend Edge analysis →
Sector: Industrials
Industry: Waste Management
Exchange: NYSE
IPO Date: May 20, 1998
Headquarters: 6220 Highway 7, Woodbridge, ON, Canada, L4H 4G3
Hidden Gem: Yes — undiscovered relative to its market cap tier
Founder-Led: Yes — Ron Mittelstaedt (Founder, Chief Executive Officer, President and Director)
Key Metrics
Current Price
$151.54
Market Cap
$39.58B
Float
253.2M
Shares Outstanding
254.1M
P/E (Forward)
20.83
P/E (TTM)
37.99
Price/Sales (TTM)
4.12
vs. Analyst Target
+34.7% to analyst PT
Profit Margin
10.97%
Operating Margin (TTM)
18.75%
Revenue (TTM)
$9.61B
Earnings Growth (YoY)
-7.60%
Dividend Rate
1.4%
Analyst Target Price
$204.08 (25 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
$5.45B
$205M
$2.17B
$1.60B
2021
$6.15B
$618M
$2.50B
$1.89B
2022
$7.21B
$836M
$2.88B
$2.19B
2023
$8.02B
$763M
$3.28B
$2.35B
2024
$8.92B
$618M
$3.73B
$2.39B
2025
$9.50B
$1.08B
$3.70B
$3.01B
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Jun 2025
$2.41B
$290M
Sep 2025
$2.46B
$286M
Dec 2025
$2.41B
$262M
Mar 2026
$2.37B
$219M
Ownership & Float
Insider Ownership
0.3%
Institutional Ownership
90.7%
Short Float
0.8%
% of All Funds Holding
9.13%
Number of Funds Holding
750
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$158.63
Near-term / short-term trend
Weekly
40-Week SMA
$168.33
Medium-term trend
Weekly
80-Week SMA
$177.65
Cyclical trend (business cycle)
Weekly
200-Week SMA
$161.45
Secular trend (multi-year)
Monthly
10-Month SMA
$169.86
Near-term monthly trend
Monthly
20-Month SMA
$178.81
Medium-term monthly trend
Monthly
40-Month SMA
$165.83
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Price Level
Type
Volume Ratio
Age
$166.00
resistance
1.02x
0 months ago
$171.00
resistance
1.09x
1 months ago
$174.00
resistance
1.35x
3 months ago
$184.00
resistance
1.11x
7 months ago
Historical Earnings Reactions (112 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
0.34%
0.10%
57.14%
10.53%
-10.71%
1 Day
0.77%
0.44%
57.14%
21.06%
-8.73%
1 Week
1.54%
1.07%
57.14%
20.31%
-14.43%
2 Weeks
1.92%
0.80%
55.36%
32.66%
-17.11%
1 Month
2.20%
1.34%
63.96%
57.79%
-30.20%
Next earnings: July 11, 2026 (44 days away)
Seasonality & Day-of-Week Patterns
Monthly Seasonality
Month
Avg Return
Win Rate
Samples
Jan
-1.8%
42.9%
28
Feb
2.3%
71.4%
28
Mar
3.2%
85.7%
28
Apr
2.5%
75.0%
28
May
3.4%
63.0%
27
Jun
2.1%
57.1%
28
Jul
2.6%
71.4%
28
Aug
0.2%
46.4%
28
Sep
0.1%
50.0%
28
Oct
0.4%
50.0%
28
Nov
0.1%
53.6%
28
Dec
2.3%
64.3%
28
Day-of-Week Tendencies
Day
Avg Return
Win Rate
Samples
Monday
0.01%
49.2%
1322
Tuesday
0.08%
50.6%
1447
Wednesday
0.09%
50.1%
1446
Thursday
0.12%
53.7%
1418
Friday
0.07%
53.1%
1411
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 90.7%
Insider Transactions — Smart Summary
Total insider ownership: 0.3%
Founder-led management: Ron Mittelstaedt (Founder, Chief Executive Officer, President and Director)
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The analysis covers five layers:
technical analysis (near-term, medium-term, cyclical, and secular trend, momentum,
volume shelf support and resistance, breakout and breakdown signals),
qualitative analysis (business model, competitive moat, sector dynamics),
insider sentiment (buy and sell signals from executive and director transactions),
share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and
fundamental analysis (valuation, revenue growth, profit margin, earnings quality).
AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit,
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