Oct 13 close Sign in

Industrials & materials

Waste Connections (WCN)

Listed on the Toronto Stock Exchange; prices in Canadian dollars. All 218 TSX stocks.

Your signal

Sell38 / 100

Sell: 38 is at or below your Sell line of 40. Off the high (−12% from its 1-year high) scores 61 and lifts it; Plays in (24%) scores 24 and holds it back.

Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.

Factor you weightWCNPointsWeightAdds
Plays in24%24409.6
Off the high−12% from its 1-year high613018.3
Trend−3% vs 200-day353010.5
Email me when it flips

Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works

All 18 factors for WCN
FactorWCNPointsWhat it is
Plays in24%24The share of the plays you count that hold it now.
Analysts' upside+20% · 7 analysts · capped: below 200-day50How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating1.4 · strong buy78The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E36.9×31Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: SEC filings to 2026-06-30.
Forward P/E24.7×20Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG1.5146P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth. Source: Yahoo Finance.
Price to sales3.9×48Market value over the last 12 months' revenue. Lower ranks higher. Source: SEC filings to 2026-06-30.
Price to book4.9×34Price over book value (assets minus debts) per share. Lower ranks higher. Source: SEC filings to 2026-06-30.
Dividend yield0.9%27Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: SEC filings to 2026-06-30.
Earnings growth+67%75Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: SEC filings to 2026-06-30.
Revenue growth+6%27Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: SEC filings to 2026-06-30.
Profit margin11%49Net profit as a share of revenue. Higher ranks higher. Source: SEC filings to 2026-06-30.
Return on equity13%54Profit as a share of shareholders' equity. Higher ranks higher. Source: SEC filings to 2026-06-30.
Debt to equity1.17×24Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: SEC filings to 2026-06-30.
Off the high−12% from its 1-year high61How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend−3% vs 200-day35How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum−9%24The price change over the last 12 months. Higher ranks higher.
Low crash exposure0/10 · low100The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on WCN

This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.

Plays in24 / 100Every play Be The Puck tests, in 7 families.
Crash exposureLow0 of 10 on the storm testMayer Multiple0.97×Price ÷ its 200-day average (−3%). Higher than on 18% of days since 2005. Above 2.4 is Mayer's overheated zone.

The most accurate play in each family

Each family's play whose calls went the right way most often, tested on 351 stocks since 2005, and what it says about WCN now.

A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.

Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.

What moved WCN lately

No session in the last 30 moved it twice a normal day against the S&P/TSX; these were its largest, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Fri Oct 9−2.3% against the S&P/TSX1.7× a normal day

WCN −0.8%, the S&P/TSX +1.5% that session.

Thu Oct 1−1.9% against the S&P/TSX1.3× a normal day

WCN −2.1%, the S&P/TSX −0.2% that session; +1.6% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on WCN was found for this session. Be The Puck's headline archive for WCN starts Oct 2, so news stories from that day aren't in it. The S&P/TSX moved −0.2%. The 52 other Industrials & materials stocks Be The Puck covers moved 0.0% on average, so most of the move was its own.

Two years of calls, week by week

InOutShare of plays in

One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.

Every play on WCN

All 100 plays, by family.

Calls right: how often the play's calls on WCN went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2005. Click a column to sort.Sort with the menu above the list.

PlayCallSinceNext moveCalls rightAnnual returnWorst drawdown
Trend following
PB EMABitcoin Playboy · dailyOUTOct 9, 2026 +0.2%Enter above C$220.52 (+0.9%)27% 167/629+4.7% / +12.1%−45.8% / −70.1%
Bull Market Support BandBenjamin Cowen · weeklyOUTSep 11, 2026 −1.4%Enter above C$228.12 (+4.4%)22% 25/115+5.9% / +12.1%−47.2% / −70.1%
Ripster EMA CloudRipster · dailyOUTAug 25, 2026 −5.0%Enter above C$223.80 (+2.4%)22% 84/381+4.5% / +12.1%−48.4% / −70.1%
Trend TemplateMark Minervini · dailyOUTApr 4, 2025 −17.0%Not on one close15% 28/188+1.2% / +12.1%−40.2% / −70.1%
Stage AnalysisStan Weinstein · weeklyOUTSep 11, 2026 −1.4%Enter above C$256.12 (+17.2%)16% 16/97+5.1% / +12.1%−38.1% / −70.1%
Stage 2 + Mansfield RSStan Weinstein · weeklyOUTJun 6, 2025 −15.3%Enter above C$250.90 (+14.8%)23% 27/115+4.0% / +12.1%−43.9% / −70.1%
10-Month SMAMeb Faber · month-endOUTAug 31, 2026 −4.7%Enter above C$225.74 (+3.3%)23% 8/35+9.1% / +12.1%−39.2% / −70.1%
200-Day RulePaul Tudor Jones · dailyOUTSep 4, 2026 −4.2%Enter above C$225.54 (+3.2%)12% 21/171+7.2% / +12.1%−46.9% / −70.1%
Golden CrossMarket tradition · dailyOUTOct 13, 2026 0.0%Enter above C$239.02 (+9.4%)39% 13/33+8.6% / +12.1%−30.8% / −70.1%
Granville 200-DayJoseph E. Granville · dailyOUTSep 1, 2026 −4.0%Enter above C$629.55 (+188.1%)16% 19/117+7.7% / +12.1%−32.9% / −70.1%
Hull Moving AverageAlan Hull · weeklyOUTAug 14, 2026 −5.3%Enter above C$230.36 (+5.4%)34% 49/145+6.6% / +12.1%−58.1% / −70.1%
Kaufman Adaptive MAPerry J. Kaufman · dailyOUTJul 30, 2026 −6.0%Enter above C$222.15 (+1.7%)25% 197/803+2.6% / +12.1%−45.4% / −70.1%
TEMA CrossoverPatrick G. Mulloy · dailyINOct 7, 2026 −1.3%Exit below C$209.65 (−4.0%)34% 96/286+0.8% / +12.1%−72.0% / −70.1%
Seykota 15/150Ed Seykota · dailyOUTAug 27, 2026 −4.9%Enter above C$369.97 (+69.3%)30% 7/23+10.3% / +11.8%−41.3% / −70.1%
Guppy Multiple MAsDaryl Guppy · dailyOUTAug 17, 2026 −4.6%Enter above C$268.18 (+22.7%)24% 36/153+4.3% / +12.1%−49.1% / −70.1%
Ichimoku CloudGoichi Hosoda · dailyOUTSep 8, 2026 −2.9%Not on one close23% 30/129+5.7% / +12.1%−45.1% / −70.1%
SupertrendOlivier Seban · dailyOUTAug 17, 2026 −4.6%Enter above C$228.13 (+4.4%)35% 55/159+3.8% / +12.1%−64.6% / −70.1%
Williams AlligatorBill Williams · dailyOUTAug 6, 2026 −6.8%Not on one close37% 127/341+2.8% / +12.1%−49.8% / −70.1%
Vortex IndicatorEtienne Botes & Douglas Siepman · dailyINOct 7, 2026 −1.3%Exit below C$219.34 (+0.4%)37% 225/610+1.9% / +12.1%−66.2% / −70.1%
AroonTushar S. Chande · dailyOUTJul 31, 2026 −6.8%Enter above C$226.71 (+3.8%)28% 64/225+1.4% / +12.1%−69.5% / −70.1%
Parabolic SARJ. Welles Wilder Jr. · dailyINOct 7, 2026 −1.3%Exit below C$213.63 (−2.2%)41% 194/476+5.9% / +12.1%−40.3% / −70.1%
ADX TrendJ. Welles Wilder Jr. · dailyOUTAug 5, 2026 −5.0%Enter above C$244.50 (+11.9%)29% 46/161−0.3% / +12.1%−43.4% / −70.1%
MACD Zero LineGerald Appel · dailyOUTAug 10, 2026 −5.7%Enter above C$239.97 (+9.8%)25% 51/203+4.7% / +12.1%−56.7% / −70.1%
Zweig 4% ModelMartin Zweig · weeklyOUTAug 14, 2026 −5.3%Enter above C$226.15 (+3.5%)34% 56/165+4.4% / +12.1%−67.3% / −70.1%
MAMA/FAMA CrossJohn F. Ehlers · dailyOUTAug 4, 2026 −6.1%Enter above C$228.33 (+4.5%)26% 64/245+4.7% / +12.1%−58.5% / −70.1%
Schaff Trend CycleDoug Schaff · dailyOUTJul 21, 2026 −7.7%Not on one close34% 85/251+0.7% / +12.1%−60.5% / −70.1%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · dailyINJun 10, 2026 −1.2%Not on one close31% 48/155+2.7% / +12.1%−56.5% / −70.1%
DP Trend ModelCarl Swenlin & Erin Swenlin · dailyOUTSep 4, 2026 −4.2%Enter above C$279.07 (+27.7%)18% 20/109+5.0% / +12.1%−62.0% / −70.1%
Elder Triple ScreenAlexander Elder · dailyOUTJul 24, 2026 −8.5%Not on one close34% 68/199+2.5% / +12.1%−44.8% / −70.1%
Holy GrailLinda Bradford Raschke & Larry Connors · dailyOUTFeb 14, 2024 +0.4%Not on one close33% 12/36+2.2% / +12.1%−9.1% / −70.1%
Breakouts & channels
Four-Week RuleRichard Donchian · dailyOUTAug 5, 2026 −5.0%Enter above C$224.67 (+2.8%)24% 34/143+2.3% / +12.1%−66.1% / −70.1%
Turtle System 1Richard Dennis & William Eckhardt · dailyOUTJul 21, 2026 −7.7%Enter above C$240.84 (+10.2%)24% 38/157+2.6% / +12.1%−38.9% / −70.1%
Turtle System 2Richard Dennis & William Eckhardt · dailyOUTAug 5, 2026 −5.0%Enter above C$245.34 (+12.3%)20% 21/105+2.8% / +12.1%−42.6% / −70.1%
Clenow TrendAndreas F. Clenow · dailyOUTApr 4, 2025 −17.0%Enter above C$310.32 (+42.0%)23% 24/103+4.0% / +12.1%−37.1% / −70.1%
Darvas BoxNicolas Darvas · dailyOUTJul 30, 2026 −6.0%Not on one close28% 37/131+2.6% / +12.1%−45.7% / −70.1%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · dailyOUTJul 22, 2026 −7.3%Enter above C$231.63 (+6.0%)30% 49/165+2.4% / +12.1%−33.7% / −70.1%
Bollinger BreakoutJohn Bollinger · dailyOUTJul 21, 2026 −7.7%Enter above C$222.81 (+2.0%)32% 76/235+3.4% / +12.1%−41.9% / −70.1%
Chandelier ExitChuck LeBeau · dailyOUTAug 5, 2026 −5.0%Enter above C$224.07 (+2.5%)35% 63/181+7.1% / +12.1%−46.4% / −70.1%
Wilder Volatility SystemJ. Welles Wilder Jr. · dailyOUTAug 17, 2026 −4.6%Enter above C$227.31 (+4.0%)34% 63/187+4.4% / +12.1%−65.0% / −70.1%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · dailyINJun 11, 2026 +0.8%Exit below C$201.77 (−7.7%)29% 17/58+4.4% / +12.1%−68.4% / −70.1%
Chande Kroll StopTushar S. Chande & Stanley Kroll · dailyOUTAug 4, 2026 −6.1%Enter above C$223.04 (+2.1%)26% 96/367+4.2% / +12.1%−58.8% / −70.1%
Acceleration BandsPrice Headley · dailyOUTJul 9, 2026 −9.2%Not on one close29% 53/181+0.9% / +12.1%−25.4% / −70.1%
TTM SqueezeJohn F. Carter · dailyOUTMar 6, 2025 −16.8%Enter above C$232.93 (+6.6%)38% 49/130+3.2% / +12.1%−13.3% / −70.1%
NR7 BreakoutToby Crabel · dailyINOct 5, 2026 −0.7%Exit below C$217.96 (−0.2%)32% 215/676+3.9% / +12.1%−51.4% / −70.1%
Bollinger SqueezeJohn Bollinger · dailyOUTApr 3, 2024 −2.3%Not on one close36% 16/44+3.9% / +12.1%−12.9% / −70.1%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-endOUTAug 29, 2025 −13.2%Enter above C$241.83 (+10.7%)43% 10/23+10.8% / +11.6%−32.8% / −70.1%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-endOUTJan 30, 2026 −3.5%Not on one close63% 17/27+12.0% / +11.6%−26.5% / −70.1%
Dual MomentumGary Antonacci · month-endOUTJun 30, 2025 −13.2%Enter above C$268.90 (+23.1%)42% 13/31+6.3% / +11.6%−34.7% / −70.1%
Stocks on the MoveAndreas F. Clenow · dailyOUTSep 8, 2026 −2.9%Not on one close22% 28/129+6.0% / +12.1%−38.2% / −70.1%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-endOUTOct 31, 2025 −6.3%Enter above C$234.91 (+7.5%)42% 5/12+10.4% / +12.1%−34.3% / −70.1%
Levy Relative StrengthRobert A. Levy · weeklyOUTJul 31, 2026 −6.8%Enter above C$233.53 (+6.9%)27% 37/137+3.9% / +12.1%−50.9% / −70.1%
MACD Signal CrossGerald Appel · dailyINSep 25, 2026 −0.8%Exit below C$212.79 (−2.6%)34% 151/438+4.0% / +12.1%−61.9% / −70.1%
Elder ImpulseAlexander Elder · dailyOUTOct 9, 2026 +0.2%Enter above C$219.55 (+0.5%)30% 233/769+5.3% / +12.1%−40.0% / −70.1%
Know Sure ThingMartin J. Pring · dailyINSep 30, 2026 −0.3%Exit below C$196.70 (−10.0%)38% 121/322+0.6% / +12.1%−76.1% / −70.1%
Coppock CurveEdwin S. C. Coppock · month-endINJul 31, 2026 −6.8%Exit below C$218.34 (−0.1%)60% 3/5+15.3% / +11.5%−26.5% / −70.1%
CCI +100Donald R. Lambert · dailyOUTJul 8, 2026 −10.0%Enter above C$222.87 (+2.0%)31% 182/593+3.6% / +12.1%−32.2% / −70.1%
TRIX Signal CrossJack K. Hutson · dailyINOct 5, 2026 −0.7%Exit below C$185.57 (−15.1%)36% 102/280+1.2% / +12.1%−72.3% / −70.1%
TSI Zero LineWilliam Blau · dailyOUTAug 11, 2026 −6.0%Enter above C$241.08 (+10.3%)26% 49/191+4.7% / +12.1%−54.7% / −70.1%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-endOUTSep 30, 2026 −0.3%Enter above C$223.24 (+2.2%)25% 21/85+6.8% / +11.6%−49.7% / −70.1%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-endOUTJan 30, 2026 −3.5%Not on one close50% 12/24+9.1% / +12.1%−26.5% / −70.1%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · dailyOUTAug 29, 2025 −13.2%Not on one close43% 15/35+9.0% / +11.6%−26.1% / −70.1%
PMO Signal CrossCarl Swenlin · dailyINOct 6, 2026 −0.5%Exit below C$213.36 (−2.4%)34% 116/346+3.5% / +12.1%−61.0% / −70.1%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · dailyOUTJul 6, 2026 −8.1%Not on one close69% 29/42+5.0% / +12.1%−65.0% / −70.1%
RSI(2) PullbackLarry Connors & Cesar Alvarez · dailyOUTAug 19, 2026 −6.3%Not on one close61% 204/332+4.8% / +12.1%−12.7% / −70.1%
Double 7sLarry Connors & Cesar Alvarez · dailyOUTSep 24, 2026 −1.0%Not on one close64% 270/422+6.5% / +12.1%−23.0% / −70.1%
Bollinger ReversionJohn Bollinger · dailyOUTOct 7, 2026 −1.3%Buy below C$215.40 (−1.4%)65% 124/192+7.8% / +12.1%−35.2% / −70.1%
Stochastic 20/80George C. Lane · dailyINAug 6, 2026 −6.8%Not on one close62% 94/151+6.9% / +12.1%−57.9% / −70.1%
Williams %RLarry Williams · dailyINJul 24, 2026 −8.5%Not on one close66% 196/295+11.5% / +12.1%−54.9% / −70.1%
DeMark 9-CountTom DeMark · dailyINApr 20, 2026 +0.6%Not on one close67% 53/79+6.9% / +12.1%−58.8% / −70.1%
Mayer MultipleTrace Mayer · dailyINNov 22, 2004 +1,026.4%Sell above C$545.12 (+149.5%)–+12.1% / +12.1%−70.1% / −70.1%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · dailyOUTMar 24, 2020 +109.7%Not on one close70% 14/20+2.4% / +12.1%−15.4% / −70.1%
Laguerre RSIJohn F. Ehlers · dailyINSep 24, 2026 −1.0%Not on one close49% 164/338+10.4% / +12.1%−44.4% / −70.1%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · dailyOUTOct 9, 2026 +0.2%Not on one close54% 229/426+7.3% / +12.1%−47.5% / −70.1%
IBS ReversionAlexander S. Pagonidis · dailyOUTOct 13, 2026 0.0%Buy below C$218.50 (0.0%)57% 1104/1944+3.6% / +12.1%−41.6% / −70.1%
Connors %bLarry Connors & Cesar Alvarez · dailyINAug 4, 2026 −6.1%Sell above C$221.16 (+1.2%)59% 57/97+5.4% / +12.1%−20.2% / −70.1%
Fisher TransformJohn F. Ehlers · dailyOUTOct 9, 2026 +0.2%Enter above C$222.57 (+1.9%)40% 399/1009+8.1% / +12.1%−47.1% / −70.1%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-endINJul 31, 2026 −6.8%Sell above C$223.50 (+2.3%)66% 93/141+10.8% / +12.1%−50.9% / −70.1%
Volume & money flow
On-Balance VolumeJoseph E. Granville · dailyINOct 13, 2026 0.0%Not on one close29% 193/676+3.3% / +12.1%−73.6% / −70.1%
Chaikin Money FlowMarc Chaikin · dailyOUTMar 20, 2026 −1.7%Not on one close40% 80/199+4.9% / +12.1%−69.8% / −70.1%
Money Flow IndexGene Quong & Avrum Soudack · dailyOUTOct 15, 2025 −7.6%Not on one close57% 26/46+5.7% / +12.1%−60.0% / −70.1%
Negative Volume IndexNorman Fosback & Paul Dysart · dailyOUTJul 30, 2026 −6.0%Enter above C$233.06 (+6.7%)28% 32/113+7.3% / +12.1%−67.7% / −70.1%
Force IndexAlexander Elder · dailyOUTOct 9, 2026 +0.2%Enter above C$219.13 (+0.3%)29% 195/675+6.0% / +12.1%−53.2% / −70.1%
Buff AveragesBuff Dormeier · dailyINOct 8, 2026 −0.7%Exit below C$216.79 (−0.8%)34% 130/384+1.8% / +12.1%−66.2% / −70.1%
Chaikin OscillatorMarc Chaikin · dailyOUTAug 24, 2026 −6.6%Not on one close37% 195/531+2.7% / +12.1%−75.0% / −70.1%
Volume Flow IndicatorMarkos Katsanos · dailyOUTApr 13, 2026 −1.6%Not on one close27% 32/117+4.1% / +12.0%−74.4% / −70.1%
Klinger OscillatorStephen J. Klinger · dailyOUTOct 9, 2026 +0.2%Not on one close39% 344/879+4.6% / +12.1%−48.5% / −70.1%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · dailyOUTSep 30, 2026 −0.3%Enter above C$220.00 (+0.7%)52% 85/164+8.9% / +12.1%−66.3% / −70.1%
HikkakeDaniel L. Chesler · dailyOUTOct 1, 2026 +1.9%Enter above C$221.70 (+1.5%)37% 41/111+4.7% / +12.1%−24.8% / −70.1%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · dailyOUTOct 13, 2026 0.0%Not on one close41% 23/56+1.7% / +12.1%−10.6% / −70.1%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · dailyOUTApr 30, 2026 −1.9%Buys Oct 3056% 24/43+8.0% / +12.1%−59.6% / −70.1%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · dailyOUTApr 13, 2026 −1.6%Not on one close53% 23/43+6.8% / +12.1%−66.7% / −70.1%
Seasonal TimingSy Harding · dailyOUTApr 20, 2026 +0.6%Window opens Oct 1651% 22/43+6.5% / +12.1%−59.1% / −70.1%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · dailyOUTJan 5, 2026 −8.1%Buys Dec 2339% 17/44+3.2% / +12.1%−6.3% / −70.1%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · dailyOUTOct 5, 2026 −0.7%Buys Oct 2949% 256/526+3.5% / +12.1%−36.0% / −70.1%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · dailyINSep 30, 2026 −0.3%Sells Jun 3045% 5/11+3.5% / +12.1%−23.7% / −70.1%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · dailyOUTSep 4, 2026 −4.2%Buys Nov 2453% 203/386+3.0% / +12.1%−7.8% / −70.1%
January BarometerYale Hirsch & Jeffrey Hirsch · month-endINDec 30, 2022 +25.2%Not on one close35% 7/20+4.5% / +12.1%−49.1% / −70.1%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · dailyINOct 13, 2026 0.0%Sells Oct 1651% 1163/2284+7.0% / +12.1%−71.0% / −70.1%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · dailyOUTSep 16, 2026 −0.3%Buys Oct 2743% 148/348+1.1% / +12.1%−10.2% / −70.1%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · dailyINOct 2, 2026 −0.3%Sells Oct 1653% 289/541+9.8% / +12.1%−47.1% / −70.1%
Benchmark
Buy & HoldJohn C. Bogle · benchmarkINJan 4, 2005Always in–+12.1%−70.1%

If the market cracks: the storm test

How the storm test works
ExposureLow0 of 10 points
  • Market swings0/3
  • Past crashes0/2
  • Debt0/3
  • Run-up0/2

Nothing on the checklist stands out.

Past crashes, peak to low

Financial crisis Oct 2007 to Dec 2008 · back to its old high Jun 2010

WCN−68%
TSX−47%

COVID crash Feb 2020 to Mar 2020 · back to its old high Jul 2020

WCN−22%
TSX−37%

2022 bear market Jan 2022 to Jun 2022 · back to its old high Aug 2022

WCN−13%
TSX−14%
  • Beta0.35Moves about 0.3× as much as the TSX week to week.
  • Downside capture68%In months the TSX fell, this fell 68% as much on average.
  • Two-year change−11%
  • From 52-week high−12%
  • Debt to equity1.17×
  • Net debt / EBITDA3.1×Years of operating cash earnings it would take to pay off its debt.
  • Interest cover5.2×

A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.

The business behind the price

How to judge these numbers

Waste Management · 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 metals.

Size and valuation
Market capC$55.0BWhat the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)$9.8BTotal sales.
P/E ratio36.9×Buyers pay C$37 for each C$1 of the last year's profit.
Forward P/E24.7×Price against analysts' estimate of next year's profit. Lower than the P/E means profit is expected to grow.
Price to book4.9×Price against the company's net assets (its equity) per share.
Profit and growth
Profit margin10.9%Keeps 11¢ of each dollar of sales as profit.
Revenue growth+5.7%The last four quarters' sales against the four before.
Earnings growth+67.3%Same comparison for profit.
Return on equity13.4%Yearly profit as a share of shareholders' money in the business.
Free cash flow$1.0BCash left after running and investing in the business.
Balance sheet
Total equity$8.2BWhat it owns minus what it owes.
Total debt$9.6BLoans and bonds it has to pay back, with interest.
Cash$101MCash and short-term investments on hand.
Debt to equity1.17×Moderate.
Interest cover5.2×Interest is easily paid from profit.
Wall Street
Average analyst targetC$262.5720% above the close, from 7 analysts (range C$199.38 to C$307.71).
Consensus ratingStrong buyAnalysts' average recommendation. Ratings lean positive: sell ratings are rare.
Dividend yield0.89%Yearly dividends as a share of the price.

P/E, price to sales and book, growth, margin and return on equity from the company's SEC filings for the quarter to 2026-06-30; other company figures from Yahoo Finance, fetched Oct 14, 2026. Analyst targets are opinions, not forecasts Be The Puck checks.

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