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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富瑞集团分析师Stephanie Moore维持$Waste Connections (WCN.US)$买入评级，并将目标价从217美元上调至225美元。
根据TipRanks数据显示，该分析师近一年总胜率为66.1%，总平均回报率为19.9%。
此外，综合报道，$Waste Connections (WCN.US)$近期主要分析师观点如下：
在waste connections的第三季度业绩公布后，注意到短期增长前景未达预期，主要是由于商品支持减少。但预计业务的几个核心价值驱动因素，如强劲的定价、成本和生产力提升以及并购等，将继续对2025年产生积极影响。
waste connections超出了第三季度的收入和收益预期，并提高了2024财年的指引，初步展望也与一般市场预期一致。尽管面临诸多挑战，公司的执行继续稳健。由于拥有强大的并购管道和生产力提升，公司很好地坐享其成，在其核心固体废物领域实现增长并提高利润率，有望带来有利的未来收益修订。
公司的第三季度业绩略高于预期，并将2024年的指引上调。此外，对2025年的初步评论表明在公司继续寻求并购机会的过程中，可能还有进一步改善的空间。
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