Bank of America just raised its EUR/USD forecast
Andrea Bertone, a director at Waste Connections, Inc. (NYSE:WCN), has sold 283 shares of the company’s common stock. The transaction, dated February 26, 2025, was executed at a weighted average price of $189.10 per share, resulting in a total sale value of approximately $53,514. The shares were sold in multiple trades with prices ranging from $188.65 to $189.28. Following the transaction, Bertone no longer holds any shares in the company.The sale comes as Waste Connections, with a market capitalization of $48.8 billion, trades near its 52-week high of $194.83. InvestingPro analysis indicates the stock is currently trading above its Fair Value, though it has demonstrated strong returns over the past decade. For deeper insights into WCN’s valuation and 15+ additional ProTips, including dividend history and growth prospects, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Waste Connections Inc . reported its fourth-quarter 2024 earnings, revealing an earnings per share (EPS) of $1.16, which fell short of the forecasted $1.21. The company also reported revenue of $2.04 billion, below the expected $2.25 billion. However, the full-year revenue was $8.92 billion, marking an 11.2% increase compared to the previous year. Adjusted EBITDA for the quarter was $732 million, representing 32.4% of revenue, and for the full year, it reached $2.902 billion, a 15% increase year-over-year. Jefferies analysts raised their price target on Waste Connections shares to $215 from $210, maintaining a Buy rating, following the company’s fourth-quarter results. The analysts noted that revenue growth was primarily driven by pricing gains, though it was offset by a decline in volume due to the shutdown of the Chiquita landfill. Waste Connections has set a revenue guidance of $9.45 billion to $9.6 billion for 2025, with an adjusted EBITDA guidance of $3.12 billion to $3.2 billion. The company continues to focus on innovation with projects in PFAS treatment and renewable natural gas facilities.
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