WCN Price Prediction Next Week
Analysis and Insights
To predict the stock price of Waste Connections (WCN) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
WCN's current price is $188.35 as of 2025-03-07. Key technical indicators include:
- RSI (14): 53.14, indicating a neutral position.
- MACD: Positive at 1.34, suggesting bullish momentum.
- SMA (20): $188.79, with the price trading above this level, indicating strength.
Fibonacci Levels:
- Pivot: $188.82
- Resistance Levels: $192.35 (R1), $194.52 (R2)
- Support Levels: $185.30 (S1), $183.12 (S2)
News Sentiment and Analyst Ratings:
- Analyst Ratings: Multiple firms have raised their price targets, with RBC Capital at $211 and Morgan Stanley at $219, indicating strong confidence.
- Insider Activity: Recent insider selling has increased, signaling caution.
Conclusion:
Based on the bullish technical indicators and positive analyst sentiment, WCN is expected to rise next week. The price target is $192, with a recommendation to buy at the current level.
WCN Similar Chart Price Prediction
The price of WCN is predicted to go up -3.94%, based on the high correlation periods with IRIX. The similarity of these two price pattern on the periods is 93.84%.
WCN
IRIX
Down: -3.94%Similarity: 93.84%
WCN Revenue Forecast
WCN EPS Forecast
WCN FAQs
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WCN VS S&P500
Waste Connections enjoys strong pricing power-a feature of its wide economic moat. This pricing power has allowed the firm to defend profit margins in the current inflationary environment.
The firm's long-running focus on serving secondary (rural and suburban) markets helps minimize exposure to price competition.
Waste Connections generates industry-leading EBITDA margins, and it has a record of applying its operational know-how to improve the profitability of acquired businesses.
WCN Analyst's Forecast
Tobey Sommer
Truist Securities
Strong Buy
2025-02-14
Price Target
$200 → $210
Upside
+11.09%
Truist analyst Tobey Sommer raised the firm's price target on Waste Connections to $210 from $200 and keeps a Buy rating on the shares. The company reported mixed Q4 results and issued 2025 guidance in-line with consensus, the analyst tells investors in a research note, adding that the firm expects another year of outsized margin expansion to be driven by favorable price-cost spread, with core pricing expected to be 6%.
Toni Kaplan
Morgan Stanley
Buy
2025-02-14
Price Target
$214 → $219
Upside
+15.85%
Stephanie Moore
Jefferies
Strong Buy
2025-01-23
Price Target
$225 → $210
Upside
+17.06%
