Analyze Good and Bad Sides of Waste Connections, Inc. (NYSE:WCN)
Waste Connections, Inc. (NYSE:WCN) has had ups and downs but that is pretty normal in every business. There is a clear statistic below how it looks in a financial analysis. Its current, future and former performances are as follows:
On a weekly basis, it is . There are also performances for all quarters of a year, and for this one, it is 3.57%. The performance of the first half of the year stands at 6.59%, while the performance of the year currently is 18.54%. The yearly performance of the company to this day is exactly 7.89%. Monthly volatility is estimated at 1.04%, while weekly volatility takes a part of that number and stands at 1.06%.
However, nothing of these performances would be possible without quality products and acceptable price. The competition is strong on the market, and the best always win. Waste Connections, Inc. (WCN) definitely has some more or less hidden advantages. It sells 472,019 products on a yearly level, and their price is $76.54. Some changes are also possible, and they stand at -0.92%, while the related volume of trading is 0.7.
Fall or rise of any big company has a much broader impact on the whole economy, and when Waste Connections, Inc. releases some changes, Industrial Goods as well as Waste Management will certainly react on them. USA does not depend on just one company, but it would be good that all work as good as possible. That way, the salaries will be higher, and there will be more jobs for citizens.
The technical statistics also take a role in every good analysis, so they will be mentioned here as well. 52-week low is 20.97%, and 52-week high currently is -2.50%. Relative strength index is estimated at 52.33, the change from open is exactly -0.75%, and the gap stands at -0.17%.
Besides, the average true range is calculated at 0.81, while 20-day simple moving average precisely is 0.51%. The 50-day simple moving average is 0.49%, and the 200-day simple moving average now is 6.03%.
For an analysis to be accurate, it is also important to mention predicted EPS growth of the company. It is a good indicator of future business potentials as well as flaws and success from the past. The EPS growth for the current year is calculated at 8.90% by the official financial experts. The EPS growth for the next year is projected at 11.13%, and there are some obvious changes in comparison with this year.
Furthermore, the EPS growth for the past five years stands at 0.70%, and the calculated EPS growth for the next five years is exactly 12.20%. The sales will probably rise further, and that is the most important thing for every company. It is not sure how will that look in the future, but the sales growth in the past five years was 19.50%.