Seasonal Tailwind — july med 2.8% (mag 1/3) · posClose 71.43% (rel 2/3) · n28 ×1 = 6.3
Founder-Led — founder/CEO led
Earnings Tailwind — ER in 9.489d · w1 med 1.1% (mag 1/3) · winRate 57.1% (rel 1/3) · n112
Hidden Gem — stWatch 933
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
$171.07
Market Cap
$43.23B
Float
253.2M
Shares Outstanding
254.1M
P/E (Forward)
22.08
P/E (TTM)
41.80
Price/Sales (TTM)
4.50
vs. Analyst Target
+19.2% 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
$204.00 (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
90.9%
Short Float
1.0%
% 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
$158.62
Near-term / short-term trend
Weekly
40-Week SMA
$166.07
Medium-term trend
Weekly
80-Week SMA
$176.05
Cyclical trend (business cycle)
Weekly
200-Week SMA
$162.06
Secular trend (multi-year)
Monthly
10-Month SMA
$167.33
Near-term monthly trend
Monthly
20-Month SMA
$177.11
Medium-term monthly trend
Monthly
40-Month SMA
$167.39
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
$150.00
support
1.42x
0 months ago
$174.00
resistance
1.35x
5 months ago
$184.00
resistance
1.11x
9 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 22, 2026 (9 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
2.9%
60.7%
28
Jun
2.4%
58.6%
29
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
0.00%
49.0%
1328
Tuesday
0.08%
50.6%
1452
Wednesday
0.09%
50.1%
1452
Thursday
0.12%
53.6%
1424
Friday
0.07%
53.1%
1415
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 90.9%
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:
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qualitative analysis (business model, competitive moat, sector dynamics),
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