01:10 AM EDT, 04/28/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
Following WCN's Q1 earnings release, we are lifting our 12-month target price to $215 from $210, which implies an EV/EBITDA of 16.5x our 2026 EBITDA estimate, above peers but below WCN's own three-year forward average. We believe that WCN shares can build on their relatively strong YTD performance (up 15%) as the company leverages its industry-leading pricing to drive top- and bottom-line expansion. Despite macroeconomic uncertainty, WCN is set to achieve double-digit earnings expansion in 2025 (12% rise by our estimate) as it continues to execute on inorganic and organic growth opportunities within specialized and traditional waste services. Our 2025 EPS estimate was trimmed by $0.01 to $5.30 and our 2026 EPS outlook of $6.02 was adjusted slightly from $6.05. We remain optimistic on pricing looking out to the rest of 2025, with any tariff-led inflation being more than offset.